---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037347"
form_type: "8-K"
ticker: "WTTR"
cik: "0001693256"
company_name: "Select Water Solutions, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:41:21.027129+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Select Water Solutions Q2 revenue $405M (+20% YoY), net income $22.6M; realigns segments

## Summary
- Revenue $404.6M (Q2 2023), up 20% YoY; net income $22.6M, +55% YoY; Adj. EBITDA $69.8M, +47% YoY.
- Cash flow from operations $102M; reduced AR by $62M and raised year-end AR reduction target to $100M.
- Repurchased $39M of shares (~5% of Class A) and paid $5.9M dividends; net debt reduced $10.5M.
- Moved water sourcing and temporary logistics from Water Infrastructure to Water Services; renamed Oilfield Chemicals to Chemical Technologies.
- Q3 outlook: Water Services revenue down low- to mid-single digits; Water Infrastructure revenue up mid-single digits with margin improvement.

## SEC filing metadata
- accession: 0000950170-23-037347
- form_type: 8-K
- ticker: WTTR
- cik: 0001693256
- company_name: Select Water Solutions, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1693256/000095017023037347/0000950170-23-037347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693256/000095017023037347/wttr-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037347
- JSON: https://secwatch.observer/filing/0000950170-23-037347.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037347.txt

## Key facts
- Earnings Releases
  Select Water Solutions, Inc. reported second quarter ended June 30, 2023 results: revenue $405 million, net income $22.6 million.
  - Period: second quarter ended June 30, 2023
  - Revenue: $405 million
  - Net income: $22.6 million
  - Result: reported results
  source text: Generated revenue of $405 million during the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000095017023037347/0000950170-23-037347-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.