Solaris Energy Infrastructure, Inc.

NYSE•SEI

CEO: Mr. William A. Zartler

Sector: Energy

Industry: Oil & Gas Equipment & Services

Listing Date: 2017-05-12

Solaris Energy Infrastructure, Inc. designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides technician support, last mile, and mobilization logistics services. It is also involved in the transloading and storage of proppant or railcars at its transloading facility. In addition, the company develops Railtronix, an inventory management software; and all-electric equipment that automates the low pressure section of oil and gas well completion sites. It serves exploration and production, and oilfield services industries. The company was formerly known as Solaris Oilfield Infrastructure, Inc. and changed its name to Solaris Energy Infrastructure, Inc. in September 2024. Solaris Energy Infrastructure, Inc. was founded in 2014 and is headquartered in Houston, Texas.

Contact Information

9651 Katy Freeway, Suite 300, Houston, TX, 77024, United States

281-501-3070

www.solaris-energy.com

Market Cap

$3.97B

P/E (TTM)

76.0

26.5

Dividend Yield

0.9%

52W High

$61.36

52W Low

$14.27

52W Range

87%

Rank41Top 44.9%

4.0

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$179.70M+0.00%

4-Quarter Trend

EPS

-$0.04+0.00%

4-Quarter Trend

FCF

-$158.56M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenue Jumps 99% Total revenues reached $622.2M in 2025, up $309.1M from 2024, driven by full year segment contribution.

Power Solutions Revenue Surge Power Solutions revenue hit $333.5M in 2025, up $294.9M, reflecting increased MW capacity deployment post-acquisition.

Operating Income Doubles Operating income was $135.4M in 2025, significantly increasing from $52.8M in 2024 due to expanded operations.

Cash Flow from Operations Rises Net cash provided by operating activities was $209.1M in 2025, a $149.7M increase over the prior year.

Risk Factors

Extreme Customer Revenue Concentration Single data center customer accounted for 47.3% of total 2025 revenue, posing significant revenue dependency risk.

Inflationary Cost Pressures Persist Sustained inflation may increase costs for goods, services, and personnel, potentially exceeding ability to pass costs to customers.

Stateline Debt Covenants Exposure Stateline Term Loan requires fixed charge coverage ratio minimum of 1.35 to 1.00, limiting financial flexibility.

Regulatory Uncertainty Threatens Demand Climate change legislation and regulatory shifts could increase compliance costs or accelerate transition away from fossil fuels.

Outlook

Power Capacity Expansion Planned Ordered 500 MW additional equipment; total capacity expected to reach 2,200 MW by early 2028 for committed contracts.

Heavy Capital Expenditure Focus Consolidated CapEx expected higher in 2026 than 2025's $646.8M, heavily weighted toward Power Solutions growth.

Debt Structure Optimized Repaid $325.0M Term Loan using 2031 Notes proceeds, replacing higher-rate secured debt with lower-cost convertible notes.

Logistics System Utilization Rises Logistics segment fully utilized system count reached 93 in Q4 2025, driven by higher oilfield activity levels.

Peer Comparison

Revenue (TTM)

PBF

$29.33B

-11.4%

CVI

$7.16B

-5.9%

LBRT

$4.01B

-7.2%

Gross Margin (Latest Quarter)

MUR

171.1%

+144.1pp

HCC

98.9%

-4.1pp

WHD

92.8%

-3.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
VAL	$6.46B	6.6	38.7%	22.5%
AROC	$6.31B	19.4	22.7%	55.7%
RIG	$5.70B	-2.1	-32.6%	36.2%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

12.5%

Steady Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026

EPS:$0.24

Revenue:$183.70M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data