NYSE$WBI

WaterBridge Infrastructure LLC · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

WaterBridge Infrastructure reported Q1 2026 total revenues of $201.0M with net income of $9.5M.

Total revenues rose to $201.0 million from $97.9 million as produced-water handling volumes scaled. Net income was $9.5 million versus $1.7 million; net income attributable to WaterBridge Infrastructure LLC was $3.5 million, or $0.08 per Class A share.

  • Total revenue $201.0M (+105% YoY).
  • Operating income $30.5M.
  • Net income $9.5M; Class A EPS $0.08.
  • Produced-water and water solutions volumes grew with Permian activity.

Headline financials

Total Revenue

$201M

No prior period
EPS (adj)

$0.08

No prior period
Net Income

$3.52M

No prior period
Operating Income

$30.5M

No prior period
Gross Profit

$48.2M

No prior period
Cash & Equivalents

$50.7M

No prior period
Total Assets

$3.75B

No prior period

Revenue & EPS history

WaterBridge Infrastructure LLC · Revenue · Quarterly

$201M

Q1 2026
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

Management discusses infrastructure build-out, customer contracts, and dividend policy tied to DCF.

Tailwinds

  • Revenue more than doubled on volume growth.
  • Operating income scaled with asset utilization.

Headwinds

  • High leverage and interest expense.
  • Oilfield activity sensitivity in the Permian.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-3.2%

Avg return

Earnings day

-9.3%

Avg return

5 days after

-11.7%

Avg return

30 days after

0%

0 / 2 earnings

Positive

-2.0%

Q3 2025

Best reaction

-4.3%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.3%-9.1%-4.2%
Q3 2025-2.0%-9.6%-19.2%

Discussion

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