Select Water Solutions, Inc.

For the period ended May 5, 2026. Filed May 5, 2026.

About this filing

A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

May 5, 2026 · Filed May 5, 2026

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WTTR$16.18+4.8%Stored close · as of Nov 6, 2026

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Contents

EX-99.1 · (in thousands, except share data)

(in thousands, except share data)

	March 31, 2026	December 31, 2025	March 31, 2025
Assets
Current assets
Cash and cash equivalents	$55,970	$18,084	$27,892
Accounts receivable trade, net of allowance for credit losses	317,748	263,965	338,129
Accounts receivable, related parties	22	63	194
Inventories	37,313	34,278	40,795
Prepaid expenses and other current assets	33,357	37,996	50,840
Total current assets	444,410	354,386	457,850
Property and equipment	1,672,966	1,629,406	1,471,791
Accumulated depreciation	(736,935)	(717,223)	(704,300)
Total property and equipment, net	936,031	912,183	767,491
Right-of-use assets, net	32,195	28,708	33,511
Goodwill	48,485	48,485	18,215
Other intangible assets, net	101,999	106,204	119,337
Deferred tax assets, net	48,337	48,881	43,851
Investments in unconsolidated entities	77,709	78,234	83,501
Other long-term assets	17,709	18,531	21,455
Total assets	$1,706,875	$1,595,612	$1,545,211
Liabilities and Equity
Current liabilities
Accounts payable	$55,065	$49,682	$44,996
Accrued accounts payable	36,846	46,275	111,144
Accounts payable and accrued expenses, related parties	3,583	3,634	5,904
Accrued salaries and benefits	15,772	17,702	15,345
Accrued insurance	18,722	22,272	21,698
Sales tax payable	3,142	2,435	2,139
Current portion of tax receivable agreements liabilities	—	—	17
Accrued expenses and other current liabilities	36,573	37,549	32,338
Current operating lease liabilities	14,343	14,247	15,814
Current portion of long-term debt	46,875	31,250	—
Current portion of finance lease obligations	655	650	490
Total current liabilities	231,576	225,696	249,885
Long-term tax receivable agreements liabilities	43,421	43,421	38,409
Long-term operating lease liabilities	23,724	21,533	27,952
Long-term debt, net of deferred debt issuance costs	199,645	285,043	245,888
Other long-term liabilities	88,876	92,852	66,128
Total liabilities	587,242	668,545	628,262
Commitments and contingencies
Class A common stock, $0.01 par value	1,218	1,049	1,039
Class B common stock, $0.01 par value	162	162	162
Additional paid-in capital	1,166,419	989,329	989,785
Accumulated deficit	(176,318)	(184,924)	(197,908)
Total stockholders’ equity	991,481	805,616	793,078
Noncontrolling interests	128,152	121,451	123,871
Total equity	1,119,633	927,067	916,949
Total liabilities and equity	$1,706,875	$1,595,612	$1,545,211

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.