Solaris Energy Infrastructure, Inc. (SEI) Financial Statements
Industry: Oil & Gas Field Machinery & Equipment
In fiscal 2025, Solaris Energy Infrastructure reported revenue of $622.2M, up 98.7% from $313.1M the year before. Net income was $30.2M (a 4.8% net margin), or $0.66 per diluted share. Gross margin was 21.8% and operating margin was 21.8%. Operating activities generated $209.1M of cash, leaving -$437.7M of free cash flow. At fiscal year end, Solaris Energy Infrastructure held $2.14B in total assets against $1.32B in total liabilities, including $353.3M of cash and equivalents.
Open the full interactive Solaris Energy Infrastructure financials → Quarterly statements, key ratios, valuation history and price charts.
Solaris Energy Infrastructure Key Stats
| Share Price | $77.83 |
|---|---|
| Market Cap | $6.15B |
| P/E Ratio | 117.9 |
| Revenue YoY Growth | +98.7% |
| 52-Week Range | $40.39 – $82.72 |
| Shares Outstanding | 59.2 million (basic, 2026 Q2) |
Solaris Energy Infrastructure Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $103.0M | $159.2M | $320.0M | $292.9M | $313.1M | $622.2M |
| Cost of Goods Sold | $162.9M | $159.6M | $278.2M | $243.0M | $260.3M | $486.8M |
| Gross Profit | -$59.9M | -$387,000 | $41.8M | $49.9M | $52.8M | $135.4M |
| Operating Income | -$59.9M | -$387,000 | $41.8M | $49.9M | $52.8M | $135.4M |
| Pre-Tax Income | -$60.1M | -$634,000 | $41.3M | $46.6M | $36.9M | $73.1M |
| Income Tax | -$9.0M | $626,000 | $7.8M | $7.8M | $8.0M | $14.7M |
| Net Income | -$29.3M | -$868,000 | $21.2M | $24.3M | $15.8M | $30.2M |
| Diluted EPS | -$1.03 | -$0.04 | $0.64 | $0.78 | $0.50 | $0.66 |
Solaris Energy Infrastructure Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $166.8M | $179.7M | $196.2M | $219.4M |
| Net Income | $14.6M | -$1.7M | $21.4M | $20.5M |
| Diluted EPS | $0.31 | -$0.03 | $0.32 | $0.26 |
Solaris Energy Infrastructure Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $60.4M | $36.5M | $8.8M | $5.8M | $114.3M | $353.3M |
| Current Assets | $81.7M | $81.1M | $88.7M | $67.1M | $251.0M | $483.0M |
| Total Assets | $411.9M | $406.2M | $462.6M | $468.3M | $1.12B | $2.14B |
| Current Liabilities | $20.2M | $29.3M | $55.9M | $37.2M | $65.5M | $163.3M |
| Total Long-Term Debt | — | — | $8.0M | $30.0M | $315.7M | $184.0M |
| Total Liabilities | $96.4M | $108.3M | $145.4M | $152.7M | $456.2M | $1.32B |
| Shareholders' Equity | $201.3M | $203.1M | $215.7M | $206.0M | $355.6M | $564.3M |
Solaris Energy Infrastructure Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $43.9M | $16.5M | $68.0M | $89.9M | $59.4M | $209.1M |
| Cash From Investing | -$3.8M | -$19.5M | -$79.5M | -$62.0M | -$305.0M | -$686.4M |
| Cash From Financing | -$46.6M | -$20.8M | -$16.1M | -$30.9M | $399.7M | $670.7M |
| Free Cash Flow | $39.2M | -$3.2M | -$13.4M | $25.5M | -$129.1M | -$437.7M |
Figures from Solaris Energy Infrastructure's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Solaris Energy Infrastructure financials page for every line item.
Solaris Energy Infrastructure Company Profile
| Ticker | SEI |
|---|---|
| Exchange | NYSE |
| Industry | Oil & Gas Field Machinery & Equipment |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001697500 |
Frequently Asked Questions
What was Solaris Energy Infrastructure's revenue in fiscal 2025?
Solaris Energy Infrastructure (SEI) reported revenue of $622.2M for fiscal 2025.
What is Solaris Energy Infrastructure's annual revenue history?
Solaris Energy Infrastructure's annual revenue by fiscal year: 2020: $103.0M; 2021: $159.2M; 2022: $320.0M; 2023: $292.9M; 2024: $313.1M; 2025: $622.2M.
What was Solaris Energy Infrastructure's net income in fiscal 2025?
Solaris Energy Infrastructure reported net income of $30.2M for fiscal 2025.
What was Solaris Energy Infrastructure's earnings per share (EPS) in fiscal 2025?
Solaris Energy Infrastructure's diluted EPS was $0.66 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Solaris Energy Infrastructure generate in fiscal 2025?
Solaris Energy Infrastructure generated -$437.7M of free cash flow in fiscal 2025.
What was Solaris Energy Infrastructure's revenue last quarter?
In its most recent reported quarter (2026 Q2), Solaris Energy Infrastructure reported revenue of $219.4M.
How much debt does Solaris Energy Infrastructure have?
Solaris Energy Infrastructure reported $184.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Solaris Energy Infrastructure are outstanding?
Solaris Energy Infrastructure reported a weighted average of 59.2 million basic shares outstanding in 2026 Q2.
What is Solaris Energy Infrastructure's market cap?
Based on its latest closing price, Solaris Energy Infrastructure (SEI) has a market capitalization of about $6.15B.
When does Solaris Energy Infrastructure's fiscal year end?
Solaris Energy Infrastructure's fiscal year end, as registered with the SEC, is December 31.
Where is Solaris Energy Infrastructure headquartered?
Solaris Energy Infrastructure lists its business address in Houston, Texas in its SEC filings.
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