Skip to content
stoqly

Solaris Energy Infrastructure

SEI NYSE Oil & Gas Equipment & Services Financials FY2016–FY2025

Solaris Energy Infrastructure's revenue rose 98.7% to $622 million in fiscal 2025. Its operating margin was 21.8%, up from 16.9% a year earlier. Free cash flow was −$438 million. It paid out $22 million in dividends and buybacks.

Last close · Oct 23, 2026

$58.74

0.2%
Value it Compare
Revenue Total sales reported in the income statement.
$622M
98.7% vs prior year
Operating margin Operating income as a share of revenue.
21.8%
4.9 pts
Net income Profit after all expenses, interest and tax.
$30.2M
91.1%
Free cash flow Cash from operations minus capital spending.
−$438M
Return on capital After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
14.1%
7.3 pts
Market cap Last close times the latest diluted share count, so it is approximate.
—
Oct 23 close
P/E Last close divided by diluted earnings per share over the last four quarters.
—

What Solaris Energy Infrastructure does

No business description yet.

Legal name
SOLARIS ENERGY INFRASTRUCTURE, INC.
Fiscal year ends
December 31, 2025
Latest annual report
—
Accession · CIK
0001628280-26-012501
0001697500

Revenue and margins

Solaris Energy Infrastructure had $622M of revenue in fiscal 2025, up 98.7% on the year before.

Revenue
Revenue
Margins, % of revenue
Gross Operating Net FCF
Margins, % of revenue
Gross Operating Net FCF

Net income and earnings per share

Loss periods are shown in red.

Net income
Net income
Diluted EPS

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

Return on capital, equity and assets (annual)
Return on capital Return on equity Return on assets

Cash flow

Free cash flow was −$438M in fiscal 2025, −70.3% of revenue. Cash from operations minus capital spending.

Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations Capital spending
Cash from operations vs capital spending
Cash from operations Capital spending

Dividends, buybacks and share count

Solaris Energy Infrastructure returned $21.8M to shareholders in fiscal 2025. The diluted share count rose 0.0%.

Dividends and buybacks
Dividends Buybacks
Dividends and buybacks
Dividends Buybacks
Diluted shares outstanding (annual)

Value Solaris Energy Infrastructure yourself

Change the assumptions and see what they imply per share. These are models, not forecasts or price targets — the answer depends entirely on what you put in.

Discounted cash flow

Value per share

—

Adds net cash of $165M and divides by 0.0M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.

Balance sheet

Cash, debt and the ratios that show how comfortably Solaris Energy Infrastructure can carry it.

Cash vs debt (incl. leases)
Cash Debt
Fiscal year endFY21FY22FY23FY24FY25
Cash and short-term investments $36.5M$8.8M$5.8M$114M$353M
Debt incl. finance leases ——$34.9M$319M$188M
Net debt / EBITDA ——0.3x2.1x−0.8x
Debt / equity ——0.2x0.9x0.3x
Interest coverage −2.9x167.9x14.5x4.0x4.9x
Current ratio 2.8x1.6x1.8x3.8x3.0x
Quick ratio 2.7x1.5x1.6x3.7x2.9x
Total assets $406M$463M$468M$1.1B$2.1B
Total liabilities $108M$145M$153M$464M$1.3B
Shareholders' equity $203M$216M$206M$356M$564M
Net debt (− = net cash) ——$29.1M$205M−$165M

Insider trades

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.

Bought, 12 months

$1.3M

2 insiders

Sold, 12 months

$300M

7 insiders

Of sales under plans

0%

$0.0M

DateInsiderTradeSharesPriceValueFiling
Sep 8, 2026 Aj TeagueDirector Bought 7,800 $64.23 $0.5M Form 4
May 13, 2026 Christopher P. WirtzChief Accounting Officer Sold 700 $77.22 $0.1M Form 4
May 12, 2026 Laurie H ArgoDirector Sold 5,200 $72.88 $0.4M Form 4
May 11, 2026 Christopher M PowellChief Legal Officer Sold 36,852 $74.63 $2.8M Form 4
May 8, 2026 Aj TeagueDirector Bought 6,175 $72.98 $0.5M Form 4
May 8, 2026 Ray N Walker JRDirector Sold 56,841 $72.11 $4.1M Form 4
May 6, 2026 Keenan W Howard JRDirector Sold 2,000,000 $74.50 $149M Form 4
Apr 30, 2026 KTR Management Company LLC10% owner Sold 2,000,000 $70.75 $142M Form 4
Dec 17, 2025 Aj TeagueDirector Bought 4,620 $43.12 $0.2M Form 4
Dec 17, 2025 Amanda M BrockCo-Chief Executive Officer, Director Bought 3,669 $40.89 $0.2M Form 4
Dec 17, 2025 Cynthia M. DurrettChief Administrative Officer, Director Sold 47,011 $44.62 $2.1M Form 4
Dec 17, 2025 Laurie H ArgoDirector Sold 2,300 $44.25 $0.1M Form 4

Piotroski F-score

Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.

TestFY23FY24FY25
Net income is positive ✓ ✓ ✓
Cash from operations is positive ✓ ✓ ✓
Return on assets rose ✓ ✕ ✕
Cash from operations exceeds net income ✓ ✓ ✓
Debt fell relative to assets — ✕ ✓
Current ratio rose ✓ ✓ ✕
Share count didn't rise — — —
Gross margin rose — — —
Revenue rose relative to assets ✕ ✓ ✕
F-score — / 9— / 9— / 9
Accruals ratio −14.0%−5.5%−10.9%
Altman Z'' 3.432.952.10

Similar companies

Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.

CompanyMarket capGrowthOp. marginFCF marginROICP/EF-score
Solaris Energy Infrastructure SEI — 98.7% 21.8% −70.3% 14.1% — —
Innovex International INVX $2.1B 48.0% 13.6% — — 33.6x 5 Compare →
Cactus WHD — −4.5% 23.2% — 17.1% — — Compare →
Atlas Energy Solutions AESI $1.1B 3.7% −1.0% −2.8% — — 4 Compare →
Kodiak Gas Services KGS $4.3B 12.8% 26.0% 21.7% 6.3% 52.8x 5 Compare →

10 years of figures

US$ millions unless stated. Hover a ratio's name for its definition.

Download CSV
Fiscal yearFY16FY17FY18FY19FY20FY21FY22FY23FY24FY25
Income statement
Revenue $18.2M $67.4M $197M $242M $103M $159M $320M $293M $313M $622M
Research and development $0.5M $0.2M $0.0M $0.0M $0.0M — — — — —
Operating income $2.9M $25.5M $99.3M $108M −$59.9M −$0.4M $41.8M $49.9M $52.8M $135M
Interest expense $0.0M $0.1M $0.4M $0.6M $0.3M $0.1M $0.2M $3.5M $13.3M $27.6M
Pretax income $2.8M $48.4M $98.9M $107M −$60.1M −$0.6M $41.3M $46.6M $36.9M $73.1M
Income tax $0.0M $33.7M $13.0M $16.9M −$9.0M $0.6M $7.8M $7.8M $8.0M $14.7M
Net income $2.8M −$4.2M $42.4M $52.0M −$29.3M −$0.9M $21.2M $24.3M $15.8M $30.2M
Diluted EPS — −$0.34 $1.59 — — — — — — —
Diluted shares — 0.00B 0.00B — — — — — — —
Cash flow
Cash from operations $4.5M $26.7M $116M $115M $43.9M $16.5M $68.0M $89.4M $59.4M $209M
Capital expenditure $10.9M $93.9M $161M $34.9M $4.7M $19.6M $81.4M $64.4M $188M $647M
Free cash flow −$6.4M −$67.2M −$44.7M $80.0M $39.2M −$3.2M −$13.4M $25.0M −$129M −$438M
Depreciation and amortization $3.8M $6.6M $18.4M $26.9M $27.0M $27.2M $30.4M $36.2M $47.2M $84.3M
Stock-based compensation $0.1M $3.7M $3.9M $4.5M $4.7M $5.2M $6.1M $7.7M $10.6M $23.4M
Acquisitions $0.0M $5.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $122M $29.2M
Share buybacks $0.0M $0.0M $1.1M $3.2M $26.7M $0.0M $0.0M $26.4M $8.1M $0.0M
Dividends paid $0.0M $0.0M $2.8M $12.8M $12.4M $13.4M $13.8M $14.1M $14.6M $21.8M
Dividends and buybacks $0.0M $0.0M $3.9M $16.0M $39.1M $13.4M $13.8M $40.5M $22.7M $21.8M
Balance sheet
Cash and short-term investments $3.6M $63.4M $25.1M $66.9M $60.4M $36.5M $8.8M $5.8M $114M $353M
Total debt $0.5M — — — — — — $30.0M $316M $184M
Finance lease liabilities $0.0M $0.0M $0.2M $0.2M $0.1M $0.1M $5.4M $4.9M $3.5M $4.1M
Current assets $9.8M $87.6M $80.8M $118M $81.7M $81.1M $88.7M $67.1M $251M $483M
Current liabilities $3.1M $20.5M $35.3M $20.4M $20.2M $29.3M $55.9M $37.2M $65.5M $163M
Inventory $1.4M $7.5M $10.5M $7.1M $1.0M $1.7M $5.3M $6.7M $10.9M $14.4M
Property and equipment, net $54.3M $151M $297M $307M $246M $240M $298M $325M — —
Total assets $77.2M $300M $459M $505M $412M $406M $463M $468M $1.1B $2.1B
Total liabilities $5.9M $45.5M $118M $95.4M $96.4M $108M $145M $153M $464M $1.3B
Shareholders' equity $71.3M $113M $198M $264M $201M $203M $216M $206M $356M $564M
Margins
Operating margin 15.8% 37.8% 50.4% 44.7% −58.2% −0.2% 13.1% 17.0% 16.9% 21.8%
EBITDA margin 36.6% 47.6% 59.7% 55.8% −31.9% 16.9% 22.6% 29.4% 32.0% 35.3%
Net margin 15.4% −6.2% 21.5% 21.5% −28.5% −0.6% 6.6% 8.3% 5.1% 4.9%
FCF margin −35.1% −99.7% −22.7% 33.1% 38.1% −2.0% −4.2% 8.5% −41.2% −70.3%
Returns
Return on capital — — — — — — — — 6.8% 14.1%
Return on capital employed — 14.4% 28.3% 23.8% −13.7% −0.1% 10.7% 11.9% 7.1% 8.9%
Return on equity — −4.5% 27.2% 22.5% −12.6% −0.4% 10.1% 11.5% 5.6% 6.6%
Return on assets — −2.2% 11.2% 10.8% −6.4% −0.2% 4.9% 5.2% 2.0% 1.8%
Growth
Revenue growth 27.8% 271.2% 192.6% 22.6% −57.4% 54.6% 101.0% −8.5% 6.9% 98.7%
Net income growth — −248.9% — 22.6% −156.4% — — 15.0% −35.0% 90.9%
FCF growth — — — — −51.0% −108.1% — — −616.9% —
Share count change — — 113.2% — — — — — — —
Financial health
Net debt / EBITDA −0.5x — — — — — — 0.3x 2.1x −0.8x
Debt / equity 0.0x — — — — — — 0.2x 0.9x 0.3x
Interest coverage 124.4x 262.5x 265.5x 170.2x −212.4x −2.9x 167.9x 14.5x 4.0x 4.9x
Current ratio 3.2x 4.3x 2.3x 5.8x 4.0x 2.8x 1.6x 1.8x 3.8x 3.0x
Quick ratio 2.8x 3.9x 2.0x 5.4x 4.0x 2.7x 1.5x 1.6x 3.7x 2.9x
Capital allocation
Capex / revenue 60.0% 139.4% 81.7% 14.4% 4.5% 12.3% 25.4% 22.0% 60.2% 104.0%
Stock comp / revenue 0.7% 5.5% 2.0% 1.9% 4.6% 3.3% 1.9% 2.6% 3.4% 3.8%
Payouts / FCF — — — 20.0% 99.8% — — 162.3% — —
Quality scores
Altman Z'' 13.6 7.9 5.4 7.7 3.6 3.8 3.5 3.4 3.0 2.1
Accruals ratio — −16.4% −19.5% −13.1% −16.0% −4.2% −10.8% −14.0% −5.5% −10.9%

Source: SEC EDGAR XBRL filings (CIK 0001697500). Data updated October 21, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.

↑ ↓ to move · ↵ to open