WaterBridge Infrastructure LLC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $525.6M | $316.3M | $200.8M |
| Cost of Revenue | $383.3M | $227.8M | $145.5M |
| Gross Profit | $142.2M | $88.4M | $55.3M |
| Gross Margin | 27.1% | 28.0% | 27.5% |
| Operating Expenses | |||
| Research & Development | — | — | — |
| SG&A Expense | $47.2M | $33.8M | $14.7M |
| Operating Income | $78.9M | $56.4M | $40.5M |
| Operating Margin | 15.0% | 17.8% | 20.2% |
| Interest Expense | — | — | — |
| Pretax Income | $-1.1M | $3.3M | $14.8M |
| Income Tax Expense | $-1.1M | $320.0K | $111.0K |
| Net Income | $9.0K | $3.0M | $14.7M |
| Net Margin | 0.0% | 0.9% | 7.3% |
| EPS (Basic) | — | — | — |
| EPS (Diluted) | — | — | — |
| Shares Outstanding (Basic) | — | — | — |
| Shares Outstanding (Diluted) | — | — | — |
| Dividends Per Share | — | — | — |