Stocks · Industrials · Oil & Gas Field Machinery & Equipment

Solaris Energy Infrastructure, Inc.

SEI Clue Score73
United States Fiscal year ends December CIK 0001697500
$76.40 +4.54% Close, 9 Oct 2026
Price $76.40 +817.17% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 May 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue18.2Operating income2.9Net income2.8Fiscal year 2017Revenue67.4 +271.2%Operating income25.5Net income−4.2 −248.9%EPS, diluted−0.34Fiscal year 2018Revenue197.2 +192.6%Operating income99.3Net income42.4EPS, diluted1.59Fiscal year 2019Revenue241.7 +22.6%Operating income107.9Net income52.0 +22.6%Fiscal year 2020Revenue100.7 −58.4%Operating income−59.9Net income−29.3 −156.4%Fiscal year 2021Revenue145.7 +44.8%Operating income−0.4Net income−0.9Fiscal year 2022Revenue300.0 +105.9%Operating income41.8Net income21.2Fiscal year 2023Revenue292.9 −2.4%Operating income49.9Net income24.3 +15.0%Fiscal year 2024Revenue313.1 +6.9%Operating income52.8Net income15.8 −35.0%Fiscal year 2025Revenue622.2 +98.7%Operating income135.4Net income30.2 +90.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 18.2 67.4 197.2 241.7 100.7 145.7 300.0 292.9 313.1 622.2
Growth +271.2% +192.6% +22.6% −58.4% +44.8% +105.9% −2.4% +6.9% +98.7%
Operating income 2.9 25.5 99.3 107.9 −59.9 −0.4 41.8 49.9 52.8 135.4
Net income 2.8 −4.2 42.4 52.0 −29.3 −0.9 21.2 24.3 15.8 30.2
Growth −248.9% +22.6% −156.4% +15.0% −35.0% +90.8%
EPS, diluted n/a −0.34 1.59 n/a n/a n/a n/a n/a n/a n/a

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin15.8%Net margin15.4%Free cash flow margin−35.1%Fiscal year 2017Operating margin37.8%Net margin−6.2%Free cash flow margin−99.7%Fiscal year 2018Operating margin50.3%Net margin21.5%Free cash flow margin−22.7%Fiscal year 2019Operating margin44.7%Net margin21.5%Free cash flow margin33.1%Fiscal year 2020Operating margin−59.5%Net margin−29.2%Free cash flow margin38.9%Fiscal year 2021Operating margin−0.3%Net margin−0.6%Free cash flow margin−2.2%Fiscal year 2022Operating margin13.9%Net margin7.1%Free cash flow margin−4.5%Fiscal year 2023Operating margin17.0%Net margin8.3%Free cash flow margin8.5%Fiscal year 2024Operating margin16.9%Net margin5.0%Free cash flow margin−41.2%Fiscal year 2025Operating margin21.8%Net margin4.8%Free cash flow margin−70.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 15.8% 37.8% 50.3% 44.7% −59.5% −0.3% 13.9% 17.0% 16.9% 21.8%
Net margin 15.4% −6.2% 21.5% 21.5% −29.2% −0.6% 7.1% 8.3% 5.0% 4.8%
Free cash flow margin −35.1% −99.7% −22.7% 33.1% 38.9% −2.2% −4.5% 8.5% −41.2% −70.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow4.5Capital expenditure−10.9Free cash flow−6.4Fiscal year 2017Operating cash flow26.7Capital expenditure−93.9Free cash flow−67.2Fiscal year 2018Operating cash flow116.4Capital expenditure−161.1Free cash flow−44.7Dividends paid−2.8Fiscal year 2019Operating cash flow114.9Capital expenditure−34.9Free cash flow80.0Buybacks−3.2Dividends paid−12.8Fiscal year 2020Operating cash flow43.9Capital expenditure−4.7Free cash flow39.2 −51.0%Buybacks−26.7Dividends paid−12.4Fiscal year 2021Operating cash flow16.5Capital expenditure−19.6Free cash flow−3.2 −108.1%Dividends paid−13.4Fiscal year 2022Operating cash flow68.0Capital expenditure−81.4Free cash flow−13.4Dividends paid−13.8Fiscal year 2023Operating cash flow89.4Capital expenditure−64.4Free cash flow25.0Buybacks−26.4Dividends paid−14.1Fiscal year 2024Operating cash flow59.4Capital expenditure−188.4Free cash flow−129.1 −616.9%Buybacks−8.1Dividends paid−14.6Fiscal year 2025Operating cash flow209.1Capital expenditure−646.8Free cash flow−437.7Buybacks0.0Dividends paid−21.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 4.5 26.7 116.4 114.9 43.9 16.5 68.0 89.4 59.4 209.1
Capital expenditure −10.9 −93.9 −161.1 −34.9 −4.7 −19.6 −81.4 −64.4 −188.4 −646.8
Free cash flow −6.4 −67.2 −44.7 80.0 39.2 −3.2 −13.4 25.0 −129.1 −437.7
Growth −51.0% −108.1% −616.9%
Buybacks n/a n/a n/a −3.2 −26.7 n/a n/a −26.4 −8.1 0.0
Dividends paid n/a n/a −2.8 −12.8 −12.4 −13.4 −13.8 −14.1 −14.6 −21.8

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash3.6Shareholders’ equity71.3Fiscal year 2017Cash63.4Shareholders’ equity113.4Fiscal year 2018Cash25.1Shareholders’ equity198.5Fiscal year 2019Cash66.9Shareholders’ equity263.8Fiscal year 2020Cash60.4Shareholders’ equity201.3Fiscal year 2021Cash36.5Shareholders’ equity203.1Fiscal year 2022Cash8.8Shareholders’ equity215.7Fiscal year 2023Cash5.8Total debt30.0Net cash (debt)−24.2Shareholders’ equity206.0Debt to equity0.15Fiscal year 2024Cash114.3Total debt315.7Net cash (debt)−201.5Shareholders’ equity355.6Debt to equity0.89Fiscal year 2025Cash353.3Total debt184.0Net cash (debt)169.3Shareholders’ equity564.3Debt to equity0.33
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 3.6 63.4 25.1 66.9 60.4 36.5 8.8 5.8 114.3 353.3
Total debt n/a n/a n/a n/a n/a n/a n/a 30.0 315.7 184.0
Net cash (debt) n/a n/a n/a n/a n/a n/a n/a −24.2 −201.5 169.3
Shareholders’ equity 71.3 113.4 198.5 263.8 201.3 203.1 215.7 206.0 355.6 564.3
Debt to equity n/a n/a n/a n/a n/a n/a n/a 0.15 0.89 0.33

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018† 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
4.5 26.7 116.4 114.9 43.9 16.5 68.0 89.4 59.4 209.1
Growth +491.2% +335.4% −1.3% −61.8% −62.4% +312.8% +31.4% −33.6% +252.2%
n/a n/a n/a 26.9 27.0 27.2 30.4 36.2 47.2 84.3
Investment
−10.9 −93.9 −161.1 −34.9 −4.7 −19.6 −81.4 −64.4 −188.4 −646.8
calc −6.4 −67.2 −44.7 80.0 39.2 −3.2 −13.4 25.0 −129.1 −437.7
Growth −51.0% −108.1% −616.9%
calc n/a −5,544.52 −1,731.15 n/a n/a n/a n/a n/a n/a n/a
−10.9 −99.0 −160.5 −34.0 −3.8 −19.5 −79.5 −62.0 −305.0 −686.4
Financing
3.1 132.1 5.8 −39.0 −46.6 −20.8 −16.1 −30.4 399.7 670.7
n/a n/a −2.8 −12.8 −12.4 −13.4 −13.8 −14.1 −14.6 −21.8
n/a n/a n/a −3.2 −26.7 n/a n/a −26.4 −8.1 0.0

† The diluted share count jumps at 2018, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.