Saturday 17 October 2026
Export SEI’s income statement to Excel — free account
Solaris Energy Infrastructure, Inc.
SEI Energy Oil & Gas Equipment & Services
Solaris Energy Infrastructure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $622.2 million, up 98.7% from fiscal 2024. In the quarter to June 2026, revenue grew 46.9%, EPS grew 13.3%, free cash flow fell 89.7% and total debt rose 326.3%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
62.74
2.42
−3.71%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | 9.90 | 10.50 | 10.24 | 4.50 | 6.11 | 6.60 | 7.15 | 6.59 | 14.27 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | 22.01 | 23.98 | 19.31 | 14.61 | 15.08 | 14.61 | 11.33 | 32.61 | 57.17 | |||||
| People | |||||||||||||||
| People | Employees | 101 | 266 | 382 | 245 | 125 | 179 | 344 | 338 | 364 | 468 | ||||
| Revenue/emp, $m | 0.18 | 0.25 | 0.52 | 0.99 | 0.82 | 0.89 | 0.93 | 0.87 | 0.86 | 1.33 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 18 | 67 | 197 | 242 | 103 | 159 | 320 | 293 | 313 | 622 | ||||
| Gross margin, % | 65.04 | 74.94 | 69.12 | 63.73 | 36.14 | 27.47 | 31.32 | 39.29 | 40.94 | 45.87 | |||||
| EBT | 3 | 48 | 99 | 107 | (60) | (1) | 41 | 47 | 37 | 73 | |||||
| EBT margin, % | 15.67 | 71.79 | 50.16 | 44.39 | (58.33) | (0.40) | 12.91 | 15.91 | 11.79 | 11.75 | |||||
| Net income | 3 | 15 | 86 | 90 | (51) | (1) | 34 | 39 | 29 | 58 | |||||
| Depreciation | 4 | 7 | 19 | 28 | 27 | 27 | 31 | 36 | 47 | 84 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.00 | 5.56 | 7.68 | 8.02 | 3.56 | 5.17 | 10.17 | 9.87 | 10.89 | 14.86 | ||||
| Earnings | — | 0.28 | 1.60 | 1.69 | (1.03) | (0.04) | 0.64 | 0.78 | 0.51 | 0.69 | |||||
| Cash flow | 0.00 | 2.21 | 4.53 | 3.81 | 1.52 | 0.54 | 2.16 | 3.01 | 2.06 | 5.00 | |||||
| Capex | 0.00 | (7.76) | (6.27) | (1.15) | (0.13) | (0.64) | (2.57) | (2.09) | (6.36) | (15.37) | |||||
| Free cash flow | 0.00 | (5.55) | (1.74) | 2.66 | 1.38 | (0.10) | (0.41) | 0.92 | (4.30) | (10.37) | |||||
| Book value | 0.00 | 20.98 | 13.28 | 13.59 | 10.91 | 9.68 | 10.07 | 10.63 | 23.18 | 19.76 | |||||
| Shares, m | — | 12 | 26 | 30 | 29 | 31 | 31 | 30 | 29 | 42 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 1,153.00 | 82.85 | 7.56 | 8.28 | 0.00 | 0.00 | 14.48 | 10.35 | 57.56 | 63.85 | ||||
| P/S | 0.00 | 4.02 | 1.57 | 1.75 | 2.29 | 1.27 | 0.91 | 0.81 | 2.64 | 3.09 | |||||
| P/B | 0.00 | 1.07 | 0.91 | 1.03 | 0.75 | 0.68 | 0.92 | 0.75 | 1.24 | 2.33 | |||||
| EV/Sales | 0.05 | 3.45 | 1.80 | 1.75 | 2.37 | 1.49 | 1.15 | 1.16 | 3.38 | 4.36 | |||||
| EV/FCF | (0.18) | (3.46) | (7.95) | 5.26 | 6.10 | (76.95) | (28.34) | 12.39 | (8.56) | (6.24) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 5 | 27 | 116 | 115 | 44 | 16 | 68 | 89 | 59 | 209 | ||||
| Capex | (11) | (94) | (161) | (35) | (4) | (20) | (81) | (62) | (183) | (643) | |||||
| Free cash flow | (6) | (67) | (45) | 80 | 40 | (3) | (13) | 27 | (124) | (434) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 7 | 67 | 45 | 97 | 62 | 52 | 33 | 30 | 185 | 320 | ||||
| Total debt | 3 | 25 | 69 | 67 | 69 | 73 | 86 | 104 | 391 | 1,141 | |||||
| Net debt | (1) | (39) | 44 | 0 | 9 | 36 | 77 | 98 | 231 | 788 | |||||
| Shareholders’ equity | 71 | 254 | 341 | 410 | 315 | 298 | 317 | 316 | 667 | 827 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 0.00 | (2.21) | 10.87 | 10.79 | (6.47) | (0.21) | 4.87 | 4.98 | 1.85 | 1.77 | ||||
| ROIC | 2.53 | 7.38 | 16.11 | 16.45 | (11.56) | (0.07) | 6.63 | 7.54 | 3.68 | 5.24 | |||||
| ROE | 0.00 | (2.56) | 13.85 | 13.86 | (8.18) | (0.28) | 6.88 | 7.32 | 3.01 | 3.87 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Solaris Energy Infrastructure, Inc. vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| NOV NOV Inc. | $6.6B | 72.8× | 25.5× | −2.47% (below 0%: shrinking) | +6.90% (above 0%: growing) | −116.81% (below 0%: shrinking) | 24.41% | 9.04% | Compare |
| LB LandBridge Company LLC | $6.3B | 60.9× | 47.5× | +40.62% (above 0%: growing) | +43.33% (above 0%: growing) | +11.25% (above 0%: growing) | 98.30% | 66.07% | Compare |
| WFRD Weatherford International PLC | $5.5B | 14.9× | 16.5× | −8.22% (below 0%: shrinking) | −70.59% (below 0%: shrinking) | +77.50% (above 0%: growing) | 30.14% | 9.68% | Compare |
| SEI Solaris Energy Infrastructure, Inc. | $5.2B | 61.5× | 55.4× | +46.92% (above 0%: growing) | +13.33% (above 0%: growing) | −89.73% (below 0%: shrinking) | 57.55% | 25.76% | |
| AROC Archrock, Inc. | $5.1B | 15.9× | 18.4× | −3.11% (below 0%: shrinking) | +5.56% (above 0%: growing) | +49.96% (above 0%: growing) | 65.86% | 34.58% | Compare |
| WHD Cactus, Inc. | $4.9B | 51.9× | 23.0× | +64.32% (above 0%: growing) | +18.64% (above 0%: growing) | +23.95% (above 0%: growing) | 33.31% | 18.59% | Compare |
| KGS Kodiak Gas Services, Inc. | $4.8B | 55.5× | 31.9× | +21.15% (above 0%: growing) | +22.73% (above 0%: growing) | −194.00% (below 0%: shrinking) | 63.09% | 31.76% | Compare |
| OII Oceaneering International, Inc. | $4.3B | 12.6× | 21.4× | +10.03% (above 0%: growing) | +20.37% (above 0%: growing) | −31.05% (below 0%: shrinking) | 20.44% | 11.49% | Compare |
| TDW Tidewater Inc. | $3.9B | 16.0× | 23.4× | +0.25% (above 0%: growing) | −70.07% (below 0%: shrinking) | −15.92% (below 0%: shrinking) | 46.88% | 18.27% | Compare |
| Median of peers | $5.0B | 33.9× | 23.2× | +5.14% | +12.77% | −2.34% | 40.10% | 18.43% |
Solaris Energy Infrastructure, Inc. (SEI) key facts
- Strength: Solaris Energy Infrastructure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $622.2 million, up 98.7% from fiscal 2024.
- Solaris Energy Infrastructure, Inc. (SEI) is an Oil & Gas Equipment & Services company in the Energy sector, listed on the New York Stock Exchange.
- As of October 16, 2026, SEI traded at $62.74, a market capitalization of $5.2 billion.
- Solaris Energy Infrastructure, Inc. pays an annual dividend of $0.48 per share, a yield of 0.77%, with a payout ratio of 56.5%.
- Return on equity was 3.87% and debt-to-equity 2.24.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.57 (distress zone) for fiscal 2025.