Solaris Energy Infrastructure, Inc.

For the period ended Nov 4, 2026. Filed Nov 4, 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.

Nov 4, 2026 · Filed Nov 4, 2026

SEI$57.77+14.3%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

EX-99.1 · (In thousands, except per share data)

(In thousands, except per share data)

Three Months Ended · Nine Months Ended
September 30, · June 30, · September 30,
	2026	2025	2026	2026	2025
Leasing revenue	$90,598	$82,422	$105,718	$301,680	$183,421
Service revenue	199,236	84,140	111,639	400,449	257,582
Product sales	51,255	281	2,043	54,599	1,500
Total revenue	341,089	166,843	219,400	756,728	442,503
Operating costs and expenses:
Cost of leasing revenue, excluding depreciation	25,327	36,613	41,467	114,480	77,390
Cost of services, excluding depreciation and amortization	118,674	51,915	49,465	216,978	157,628
Cost of product sales	33,365	275	2,193	37,798	744
Non-leasing depreciation and amortization	27,423	12,598	13,150	52,713	37,624
Depreciation of leasing equipment	24,061	9,757	26,368	63,047	23,172
Selling, general and administrative	42,638	15,546	30,010	93,528	45,719
Other operating expenses, net (1)	2,616	2,226	234	4,127	4,689
Total operating costs and expenses	274,104	128,930	162,887	582,671	346,966
Operating income	66,985	37,913	56,513	174,057	95,537
Interest expense	(22,937)	(10,239)	(16,917)	(44,628)	(23,449)
Interest income	6,180	1,201	5,452	14,386	3,758
Loss on debt extinguishment (2)	—	—	(14,826)	(16,084)	—
Foreign currency gain (loss), net (3)	(1,132)	—	—	(1,132)	—
Income before income tax expense	49,096	28,875	30,222	126,599	75,846
Provision for income taxes	(9,812)	(4,061)	(4,990)	(30,028)	(13,935)
Net income	39,284	24,814	25,232	96,571	61,911
Less: net income related to non-controlling interests	(4,684)	(10,264)	(4,746)	(20,047)	(30,086)
Net income attributable to Solaris Energy Infrastructure, Inc.	34,600	14,550	20,486	76,524	31,825
Less: income attributable to participating securities (4)	(1,033)	(568)	(633)	(2,419)	(1,417)
Net income attributable to Class A common shareholders	$33,567	$13,982	$19,853	$74,105	$30,408
Earnings per share of Class A common stock - basic	$0.53	$0.32	$0.34	$1.26	$0.77
Earnings per share of Class A common stock - diluted	$0.42	$0.31	$0.26	$1.00	$0.74
Basic weighted average shares of Class A common stock outstanding	63,783	43,770	59,206	58,811	39,283
Diluted weighted average shares of Class A common stock outstanding	83,567	50,429	78,979	78,472	43,190

(1)Other operating expenses, net includes the change in Tax Receivable Agreement liability, gains or losses on the sale or disposal of assets, credit losses or recoveries, office space sublease income, transaction costs and other settlements.

(2)Loss in the second quarter of 2026 relates to unamortized debt issuance costs and prepayment penalties related to the term loan and other loans entered into concurrently with the acquisition of Focus Genco Cayman Ltd. (“Genco”) in the first quarter of 2026, which were extinguished following the issuance of the new senior notes and revolving credit facility entered into in the second quarter of 2026.

(3)Foreign currency gain (loss), net reflects the earnings impact of remeasuring monetary assets and liabilities denominated in a currency other than the Company’s functional currency and relates to the Company’s operations assumed in connection with the GESA acquisition.

(4)The Company’s unvested restricted shares of common stock are participating securities because they entitle the holders to non-forfeitable rights to dividends until the awards vest or are forfeited.

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.