WaterBridge Infrastructure LLC

WBI Energy Oil & Gas Equipment & Services

WaterBridge Infrastructure LLC’s revenue for fiscal 2025 (year ended December 2025) was $525.6 million, up 66.2% from fiscal 2024.

Revenue
+94.9%
EPS
+600.0%
Free cash flow
+325.2%
Total debt
+5.84%

Quarter to September 2026, against a year earlier

24.16 1.88 −7.22%
Market cap
$3.0B
P/E
127×
Fwd P/E
205×
Dividend yield
0.62%
F-score
n/a
Altman Z
0.51
Beneish M
−0.96
Dividend safety
n/a

WaterBridge Infrastructure LLC (WBI) Gross margin

Alert me on Gross margin

WaterBridge Infrastructure LLC's gross margin over the twelve months to 30 September 2026 was 0.00%, down 53.9 percentage points from fiscal 2025 (53.9%). That is below the Oil & Gas Equipment & Services industry median of 22.9% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 53.9% 1.15
FY2024 52.7% 1.05
FY2023 51.7% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 0.00% (59.80)
Jun 2026 59.8% 1.52
Mar 2026 58.3% 2.98
Dec 2025 55.3% 2.54
4 more quarters

Gross margin against peers

Company Gross margin
USAC USA Compression Partners, LP compare 64.0%
KGS Kodiak Gas Services, Inc. compare 63.9%
SEI Solaris Energy Infrastructure, Inc. compare 49.9%
TDW Tidewater Inc. compare 48.1%
WHD Cactus, Inc. compare 33.5%
EFXT Enerflex Ltd. compare 23.6%
OII Oceaneering International, Inc. compare 19.9%
WBI WaterBridge Infrastructure LLC 0.00%
EROK EagleRock Land LLC compare —
Oil & Gas Equipment & Services industry median 22.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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