Select Water Solutions (WTTR) Gross Margin (2016 - 2026)

Select Water Solutions (WTTR) recorded quarterly Gross Margin of 17.84% in Q1 2026, up 36.38% quarter-over-quarter from 13.08% in Q4 2025, and up 294.0% on a YoY basis from 4.53% in Q1 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.

  • In Q1 2026, Gross Margin rose 294.0% year-over-year to 17.84%; the TTM figure through Mar 2026 stood at 15.15% (down 10.0% YoY), while the FY2025 annual figure was 14.38%, down 73.0% from the prior year.
  • Gross Margin was 17.84% for Q1 2026 at Select Water Solutions, up from 13.08% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 17.84% in Q1 2026 to a low of 8.37% in Q1 2022.
  • Historically, Gross Margin has averaged 14.09% across 5 years, with a median of 14.45% in 2023.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin surged 1163 bps in 2022, then plunged 330 bps in 2025.
  • A 5-year view of Gross Margin shows it 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.
  • The last three Gross Margin figures came in at 17.84% (Q1 2026), 13.08% (Q4 2025), and 13.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 53.57%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 22.98%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 37.69%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 59.67%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 5.80%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 76.04%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 66.20%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 64.46%
10 Select Water Solutions 1.98 Bn 2.06 Bn 65.28 Mn 17.84%

Historic Data

Download Data
DateValue
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%