← Solaris Energy Infrastructure, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $18.2m $67.4m $197.2m $241.7m $103.0m $159.2m $300.0m $292.9m $313.1m $622.2m
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $13.2m $36.9m $91.5m $115.2m $70.9m $115.5m $219.8m $177.8m $224.7m $425.2m
Selling, general and administrative $2.1m $5.1m $6.4m $18.6m $16.5m $19.3m $23.1m $27.0m $35.6m $61.7m
Other operating expenses, net — $4.1m $1.8m $585k $5.8m ($2.4m) $1.8m $639k $2.5m $4.1m
Total operating costs and expenses $15.3m $41.9m $97.9m $133.8m $162.9m $159.6m $278.2m $243.0m $260.3m $486.8m
Operating Income (Loss) $2.9m $25.5m $99.3m $107.9m ($59.9m) ($387k) $41.8m $49.9m $52.8m $135.4m
Additional Financial Items
Amortization of Intangible Assets $1k $46k $801k $779k $779k $779k $774k $726k $3.2m $12.2m
Gain (Loss) Related to Litigation Settlement — — — — — — — — $2.5m $0
Goodwill, Impairment Loss $0 $0 $0 $0 — $0 $0 $0 $0 $0
Investment Income, Interest — — — — — — — — — $6.7m
Operating Lease, Lease Income — — — — — — — — $36.4m $272.4m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic — $248k $1.2m $1.1m $314k $365k $847k $1.2m $1.0m $1.3m
Service revenue $18.2m $67.4m $197.2m $241.7m $103.0m $159.2m $300.0m $292.9m $276.7m $349.8m
Leasing revenue — — — — — — — $0 $36.4m $272.4m
Non-leasing depreciation and amortization — — — — — — — $36.2m $41.2m $49.9m
Depreciation of leasing equipment — — — — — — — $0 $6.0m $34.4m
Gain on sale of Kingfisher facility — — — — — — — $0 ($7.5m) $0
Gain on reversal of property tax contingency — — — — — — — $0 ($2.5m) $0
Interest income — — — — — — — $144k $1.5m $6.7m
Loss on debt extinguishment — — — — — — — $0 ($4.1m) ($41.5m)
Provision for income taxes $43k $25.9m ($13.0m) ($16.9m) ($9.0m) ($626k) ($7.8m) ($7.8m) ($8.0m) ($14.7m)
Less: income attributable to participating securities — — — — — — — ($1.2m) ($1.0m) ($1.3m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.8m $48.4m $98.9m $107.3m ($60.1m) ($634k) $41.3m $46.6m $36.9m $73.1m
Less: net income related to non-controlling interests — ($15.2m) ($43.5m) ($38.4m) $21.8m $392k ($12.4m) ($14.4m) ($13.1m) ($28.2m)
Net Income (Loss) Attributable to Parent $2.8m $3.6m $42.4m $52.0m ($29.3m) ($868k) $21.2m $24.3m $15.8m $30.2m
Net Income (Loss) Available to Common Stockholders, Basic $2.8m $3.4m $41.2m $50.9m ($29.7m) ($1.2m) $20.3m $23.2m $14.8m $28.9m
Net Income (Loss) Attributable to Noncontrolling Interest — $15.2m $43.5m $38.4m ($21.8m) ($392k) $12.4m $14.4m $13.1m $28.2m
Earnings Per Share, Basic — $0.28 $1.60 $1.69 ($1.03) ($0.04) $0.64 $0.78 $0.51 $0.69
Earnings Per Share, Diluted — $0.27 $1.59 $1.69 ($1.03) ($0.04) $0.64 $0.78 $0.50 $0.66
Weighted Average Number of Shares Outstanding, Basic — 12.1m 26k — — — — — — —
Basic weighted-average shares of Class A common stock outstanding (in shares) — 12.1m 26k 30.1m 28.9m 30.8m 31.5m 29.7m 28.8m 41.9m
Diluted weighted-average shares of Class A common stock outstanding (in shares) — 12.5m 26k 30.2m 28.9m 30.8m 31.5m 29.7m 29.2m 49.5m
Weighted Average Number of Shares Outstanding, Diluted — 12.5m 26k — — — — — — —
Research and Development Expense $476k $210k $0 $0 $0 — — — — —
Selling, General and Administrative Expense $2.1m $5.1m $6.4m $18.6m $16.5m $19.3m $23.1m $27.0m $35.6m $61.7m
Other Nonoperating Income (Expense) $8k — — — — — — — — —
Costs and Expenses $15.3m $41.9m $97.9m $133.8m $162.9m $159.6m $278.2m $243.0m $260.3m $486.8m
Direct Costs of Leased and Rented Property or Equipment — — — — $47.8m — — $1.4m $8.0m $121.2m
Labor and Related Expense $3.1m $9.2m $10.4m — — — — — — —
Other Cost and Expense, Operating — $4.1m $1.8m — — — — — — —
Real Estate Tax Expense — — — — — — $3.1m — — —
Cost of services, excluding depreciation and amortization — — — — — — — $177.8m $177.0m $215.6m
Cost of leasing revenue, excluding depreciation — — — — — — — $0 $8.0m $121.2m
Interest Expense (non-operating) — — — — — — — — — $27.6m
Interest Expense $23k $97k $374k $634k — — — ($3.5m) ($13.3m) ($27.6m)
Income before income tax expense $2.8m $48.4m $98.9m $107.3m ($60.1m) ($634k) $41.3m $46.6m $36.9m $73.1m
Current Income Tax Expense (Benefit) $43k $247k $684k $814k $184k $494k $120k $569k $1.5m ($1.4m)
Interest Income (Expense), Net — — — — ($162k) ($247k) ($489k) ($3.3m) — —
Interest Income (Expense), Nonoperating, Net — — — — — — — — ($11.8m) —
Other Operating Income (Expense), Net $2.9m $25.5m $99.3m ($585k) ($5.8m) $2.4m ($1.8m) ($639k) ($2.5m) ($4.1m)
Income Tax Expense (Benefit) $43k $25.9m $13.0m $16.9m ($9.0m) $626k $7.8m $7.8m $8.0m $14.7m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.