Select Water Solutions (WTTR) Gross Margin (2016 - 2026)
Select Water Solutions' (WTTR) quarterly Gross Margin came in at 17.84% in Q1 2026, up 294.0% year-on-year from 4.53% in Q1 2025, and up 36.38% quarter-over-quarter from 13.08% in Q4 2025.
Select Water Solutions (WTTR) Gross Margin (2016 - 2026) Analysis & Trends
Select Water Solutions' Gross Margin history runs 11 years deep, the most recent figure standing at 17.84% for Q1 2026.
- On a quarterly basis, Gross Margin rose 294.0% year-over-year to 17.84% in Q1 2026; TTM through Mar 2026 was 15.15%, a 10.0% decrease from a year earlier, with the FY2025 full-year figure at 14.38%, down 73.0% from the prior year.
- Gross Margin rose to 17.84% in Q1 2026 per WTTR's latest filing, from 13.08% in the prior quarter.
- Across five years, Gross Margin topped out at 17.84% in Q1 2026 and bottomed at 8.37% in Q1 2022.
- The 5-year median for Gross Margin is 14.45% (2023), against an average of 14.09%.
- Across the five-year window, Gross Margin jumped 1163 bps in 2022 and plunged 330 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 10.89% in 2022, then soared by 34 bps to 14.55% in 2023, then fell by 13 bps to 12.66% in 2024, then climbed by 3 bps to 13.08% in 2025, then jumped by 36 bps to 17.84% in 2026.
- Per Business Quant, the three latest WTTR Gross Margin figures stand at 17.84% (Q1 2026), 13.08% (Q4 2025), and 13.52% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 61.69% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 33.87% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 65.69% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 37.69% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 18.47% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 70.23% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 66.20% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.38% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.46% |
| 10 | Select Water Solutions | 14.06 Mn | -41.91 Mn | 65.28 Mn | 17.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.84% |
| Dec 31, 2025 | 13.08% |
| Sep 30, 2025 | 13.52% |
| Jun 30, 2025 | 15.86% |
| Mar 31, 2025 | 14.90% |
| Dec 31, 2024 | 12.66% |
| Sep 30, 2024 | 16.82% |
| Jun 30, 2024 | 16.48% |
| Mar 31, 2024 | 14.37% |
| Dec 31, 2023 | 14.55% |
| Sep 30, 2023 | 14.45% |
| Jun 30, 2023 | 15.12% |
| Mar 31, 2023 | 14.32% |
| Dec 31, 2022 | 10.89% |
| Sep 30, 2022 | 15.69% |
| Jun 30, 2022 | 10.62% |
| Mar 31, 2022 | 8.37% |
| Dec 31, 2021 | 7.02% |
| Sep 30, 2021 | 4.39% |
| Jun 30, 2021 | -1.02% |