WaterBridge Infrastructure LLC
WBI NYSE· Oil & Gas Field Services, Nec
Last close · Oct 23, 2026
$29.74
KIRA · Stoqly’s AI analyst, in plain words
- WaterBridge Infrastructure LLC had $526M of revenue in fiscal 2025, up 66.2% on the year before.
- Its operating margin was 15.0%, down 2.8 pts: of every 100 in sales, about 15 is left after running the business.
- WaterBridge Infrastructure LLC made $0.0M of net profit in fiscal 2025.
- Free cash flow was −$119M in fiscal 2025, −22.6% of revenue.
- WaterBridge Infrastructure LLC owes $1.4B more than it holds in cash, about 6.4 years of operating profit.
Market cap
$1.5B
P/E
—
Revenue
$526M
Net income
$0.0M
Free cash flow
−$119M
Operating margin
15.0%
WaterBridge Infrastructure LLC in 30 seconds · fiscal 2025
Are sales growing?
+66.2%
Yes. Sales grew 66.2% last year.
Does it make a profit?
0.0%
A little. It keeps 0.0% of every sale as profit.
Does profit turn into cash?
−22.6%
No. It spent more cash than it brought in.
Is debt under control?
6.4x
Heavy. Repaying its debt would take 6.4 years of operating profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
What WaterBridge Infrastructure LLC does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 16, 2026
- Legal name
- WaterBridge Infrastructure LLC
- CIK
- 0002064947
WaterBridge Infrastructure LLC · WBI
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | $201M | $316M | $526M |
| Revenue growth | — | 57.5% | 66.2% |
| Net interest income | −$26.2M | −$53.4M | −$68.9M |
| Gross margin | 27.5% | 28.0% | 27.1% |
| Operating margin | 20.2% | 17.8% | 15.0% |
| Net income | $14.7M | $3.0M | $0.0M |
| Net margin | 7.3% | 0.9% | 0.0% |
| Cash | |||
| Cash from operations | $48.5M | $73.9M | $160M |
| Capital expenditure | $148M | $160M | $279M |
| Free cash flow | −$99.5M | −$86.1M | −$119M |
| FCF margin | −49.6% | −27.2% | −22.6% |
| Debt and strength | |||
| Cash and short-term investments | $12.9M | $13.3M | $51.5M |
| Debt incl. finance leases | — | $597M | $1.5B |
| Shareholders' equity | — | $0.0M | $602M |
| Net debt / EBITDA | — | 4.3x | 6.4x |
| Current ratio | — | 1.4x | 1.4x |
| Returns and quality | |||
| Return on capital | — | 8.8% | 3.1% |
| Return on equity | — | — | 0.0% |
| Piotroski F-score | — | — | 4 |
| Altman Z'' | — | 0.5 | 0.6 |
Insiders bought, 12 months
$0.3M
4 insiders
Insiders sold, 12 months
$407M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
WaterBridge Infrastructure LLC · WBI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $29.74 a share, the company is worth $1.5B.
Source: SEC EDGAR XBRL filings (CIK 0002064947). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.