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Solaris Energy Infrastructure, Inc. (SEI) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

ENERGY · OIL & GAS EQUIPMENT & SERVICES · DATA UPDATED 2026-08-16

Solaris Energy Infrastructure, Inc. (SEI) operates in the OIL & GAS EQUIPMENT & SERVICES industry and is headquartered in Houston, United States with about 468 employees. Its market capitalization is roughly $7 billion. In the fiscal year ended 2025-12-31, SEI reported $622M in revenue and $30M in net income.

Solaris Energy Infrastructure, Inc. provides modular and scalable equipment-based solutions for power generation, control and distribution, and management of raw materials used in the completion of oil and natural gas wells in the United States.

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SEI Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Total Revenue$762M$622M$313M$293M$320M$159M$103M$242M$197M$67M$18M$14M
Gross Profit$310M$285M$81M$79M$70M$17M$10M$127M$118M$44M$8M$5M
Gross Margin %40.6%45.9%25.9%26.9%21.8%10.4%9.9%52.6%59.8%65.1%44.2%35.4%
Operating Income (EBIT)$185M$135M$53M$50M$42M$0M($60M)$108M$99M$25M$3M($1M)
Operating Margin %24.2%21.8%16.9%17.0%13.1%-0.2%-58.2%44.7%50.3%37.8%15.8%-8.5%
Net Income$55M$30M$16M$24M$21M($1M)($29M)$52M$42M($4M)
Net Margin %7.2%4.9%5.1%8.3%6.6%-0.5%-28.5%21.5%21.5%-6.2%
EBITDA$245M$182M$96M$86M$72M$27M($33M)$135M$118M$33M$7M$1M
Earnings Per Share (EPS)$0.81$0.61$0.54$0.82$0.67$-0.03$-1.01$1.72$1.64$-0.34
Shares Outstanding (M)79M50M29M30M31M31M29M30M26M12M10M10M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SEI Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$219M$196M$180M$167M$149M$126M$96M$75M
Gross Profit$126M$73M$55M$56M$52M$39M$28M$17M
Gross Margin %57.6%37.0%30.7%33.4%34.6%30.5%28.6%22.8%
Operating Income (EBIT)$57M$51M$40M$38M$37M$22M$26M$5M
Operating Margin %25.8%25.8%22.2%22.7%24.8%17.5%26.7%7.0%
Net Income$20M$21M($2M)$15M$12M$5M$6M($1M)
Net Margin %9.3%10.9%-0.9%8.7%8.0%4.2%6.5%-1.3%
EBITDA$87M$77M$22M$60M$54M$42M$42M$12M
Earnings Per Share (EPS)$0.26$0.30$-0.03$0.29$0.32$0.15$0.21$-0.03
Shares Outstanding (M)79M72M50M50M38M36M30M28M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SEI Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Cash from Operations (CFO)$425M$209M$59M$88M$68M$16M$44M$115M$116M$27M$5M$2M
Capital Expenditures (CapEx)$1.2B$647M$188M$64M$81M$20M$5M$35M$161M$94M$11M$28M
Free Cash Flow (FCF)($728M)($438M)($129M)$24M($13M)($3M)$39M$80M($45M)($67M)($6M)($26M)
FCF Margin %-95.5%-70.3%-41.2%8.2%-4.2%-2.0%38.1%33.1%-22.7%-99.8%-35.3%-180.5%
Dividends Paid$27M$22M$15M$14M$14M$14M$19M$19M$5M$26M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SEI Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$186M$79M$96M$63M$24M$26M$13M$11M
Capital Expenditures (CapEx)$492M$343M$255M$63M$185M$144M$127M$58M
Free Cash Flow (FCF)($305M)($264M)($159M)$0M($161M)($119M)($114M)($47M)
FCF Margin %-139.2%-134.7%-88.2%0.3%-107.8%-93.9%-117.9%-63.0%
Dividends Paid$8M$7M$6M$6M$5M$5M$4M$4M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SEI Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Total Assets$4.2B$2.1B$1.1B$468M$463M$406M$412M$505M$459M$300M$77M$71M
Cash & Cash Equivalents$824M$353M$114M$6M$9M$36M$60M$67M$25M$63M$4M$7M
Total Liabilities$3.1B$1.3B$456M$153M$145M$108M$96M$95M$118M$46M$6M$3M
Total Debt (Short + Long-Term)$2.5B$1.1B$320M$34M$11M$1M$1M$1M$0M$0M$0M$0M
Total Shareholders' Equity$902M$564M$356M$206M$216M$203M$201M$264M$198M$113M$71M$67M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive SEI viewer.

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