Solaris Energy Infrastructure, Inc. (SEI)
Headquartered in Houston, Texas, and established in 2014, Solaris Energy Infrastructure, Inc. (which adopted its current name in September 2024, previously known as Solaris Oilfield Infrastructure, Inc.) serves the United States' oil and natural gas industry. The company engineers and produces specialized equipment for exploration and production firms, as well as oilfield service providers. Beyond manufacturing, Solaris delivers critical support services, including technician assistance, final-mile logistics, and mobilization solutions. Their operations also involve the transfer and secure storage of proppant and railcars at their dedicated transloading facility. Furthermore, Solaris innovates through technology development, offering Railtronix, an inventory management software, and pioneering all-electric equipment designed to automate the low-pressure stages of oil and gas well completion processes.
Sector: Oil & Gas Field Machinery & Equipment
Industry: Oil & Gas Equipment & Services
Solaris Energy Infrastructure, Inc.
NYSE:SEIEnergy · Oil & Gas Equipment & Services
+0.22%$58.74
AH Close$58.74+0.00%vs close
AH Close$58.74+0.00%vs close
Mkt Cap$3.87B
Float48.05M
O/S65.83M
Inst Own-
SI34.0%
Div Yield0.82%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$622.21M
Net Income$30.17M
Total Assets$2.14B
Free Cash Flow-$437.65M
Debt & Equity
Debt 66%
Equity 34%
Total Debt$1.08B
Total Equity$564.34M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SEI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.14B
Liabilities$1.32B
Accounts Receivable$103.08M
Accounts Payable$77.52M
Inventory$14.45M
PP&E (Net)$1.36B
Goodwill$105.36M
Intangible Assets$59.8M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $622.21M | $313.09M | $292.95M | $320M | $159.19M | $102.98M | $241.69M | $197.2M | $67.39M | $18.16M | $14.21M |
| YoY Growth | 98.7% | 6.9% | -8.5% | 101.0% | 54.6% | -57.4% | 22.6% | 192.6% | 271.2% | 27.8% | - |
| Cost of Revenue | $336.79M | $232.14M | $214.03M | $250.21M | $142.67M | $92.78M | $114.59M | $79.32M | $23.52M | $10.14M | $9.18M |
| Gross Profit | $285.41M | $80.95M | $78.92M | $69.8M | $16.52M | $10.19M | $127.1M | $117.87M | $43.87M | $8.02M | $5.02M |
| Gross Margin | 45.9% | 25.9% | 26.9% | 21.8% | 10.4% | 9.9% | 52.6% | 59.8% | 65.1% | 44.2% | 35.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $210K | $0 | $0 |
| Selling, General, and Administrative | $61.66M | $35.62M | $26.95M | $23.07M | $19.26M | $16.48M | $18.59M | $16.76M | $14.29M | $5.16M | $6.23M |
| Other | $88.37M | -$7.48M | $2.06M | $4.92M | -$2.36M | $53.61M | $585K | $1.83M | $3.92M | $0 | $0 |
| Total Operating Expenses | $150.03M | $28.14M | $29.01M | $27.99M | $16.91M | $70.09M | $19.17M | $18.59M | $18.41M | $5.16M | $6.23M |
| Operating Income (EBIT) | $135.39M | $52.82M | $49.9M | $41.8M | -$387K | -$59.9M | $107.93M | $99.29M | $25.46M | $2.86M | -$1.21M |
| Operating Margin | 21.8% | 16.9% | 17.0% | 13.1% | -0.2% | -58.2% | 44.7% | 50.3% | 37.8% | 15.8% | -8.5% |
| Interest Expense | $27.59M | $11.81M | $3.31M | $489K | $247K | $162K | $634K | $374K | $97K | $23K | $22K |
| Interest Income | $6.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$62.31M | -$15.89M | -$3.31M | -$489K | -$247K | -$162K | -$634K | -$374K | $22.93M | -$15K | -$93K |
| Income Before Tax (EBT) | $73.08M | $36.92M | $46.59M | $41.31M | -$634K | -$60.06M | $107.3M | $98.91M | $48.39M | $2.85M | -$1.31M |
| Income Tax Expense | $14.68M | $8.01M | $7.82M | $7.8M | $626K | -$8.97M | $16.94M | $12.96M | $33.71M | $43K | $67K |
| Net Income | $30.17M | $15.81M | $24.34M | $21.16M | -$868K | -$29.34M | $52.01M | $42.43M | -$4.17M | $0 | $0 |
| Net Income Margin | 4.8% | 5.0% | 8.3% | 6.6% | -0.5% | -28.5% | 21.5% | 21.5% | -6.2% | - | - |
| Supplementary Data | |||||||||||
| EPS | 0.69 | 0.51 | 0.78 | 0.65 | -0.04 | -1.01 | 1.69 | 1.60 | -0.34 | 0.00 | 0.00 |
| Diluted EPS | 0.66 | 0.51 | 0.78 | 0.65 | -0.04 | -1.03 | 1.69 | 1.60 | -0.34 | 0.00 | 0.00 |
| Weighted Average OS | 41.86M | 28.76M | 29.69M | 31.48M | 30.79M | 28.91M | 30.14M | 25.68M | 12.12M | 10.10M | 10.10M |
| EBITDA | $184.95M | $95.95M | $86.09M | $72.24M | $26.82M | -$32.88M | $134.85M | $117.71M | $32.59M | $6.65M | $1.11M |
| EBITDA Margin | 29.7% | 30.6% | 29.4% | 22.6% | 16.8% | -31.9% | 55.8% | 59.7% | 48.4% | 36.6% | 7.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $353.32M | $114.25M | $5.83M | $8.84M | $36.5M | $60.37M | $66.88M | $25.06M | $63.42M | $3.57M | $6.92M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $353.32M | $114.25M | $5.83M | $8.84M | $36.5M | $60.37M | $66.88M | $25.06M | $63.42M | $3.57M | $6.92M |
| Accounts Receivable | $103.08M | $71.77M | $47.29M | $71.37M | $35.02M | $18.24M | $38.55M | $39.75M | $12.98M | $4.51M | $1.71M |
| Inventory | $14.45M | $10.95M | $6.67M | $5.29M | $1.65M | $954K | $7.14M | $10.47M | $7.53M | $1.36M | $1.69M |
| Other Current Assets | $12.17M | $46.71M | $6.05M | $2.14M | $2.05M | $1.29M | $1.84M | $1.23M | $241K | $94K | $0 |
| Total Current Assets | $483.02M | $250.98M | $67.14M | $88.74M | $81.07M | $81.73M | $117.58M | $80.77M | $87.55M | $9.85M | $10.7M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $1.36B | $648.67M | $335.82M | $302.19M | $244.27M | $250.59M | $314.45M | $296.54M | $151.16M | $54.35M | $46.85M |
| Goodwill | $105.36M | $103.98M | $13M | $13M | $13M | $13M | $17.24M | $17.24M | $17.24M | $13M | $13M |
| Intangible Assets | $59.8M | $71.5M | $700K | $1.43M | $2.2M | $2.98M | $3.76M | $4.54M | $5.33M | $36K | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $122.63M | $43.57M | $48.01M | $55.37M | $62.94M | $59.8M | $51.41M | $58.07M | $38.2M | $0 | $0 |
| Other Long-Term Assets | $16.41M | $3.03M | $1.94M | $1.84M | $2.73M | $3.78M | $625K | $1.45M | $260K | $0 | $0 |
| Total Long-Term Assets | $1.66B | $871.82M | $401.13M | $373.83M | $325.15M | $330.16M | $387.49M | $377.84M | $212.19M | $67.39M | $59.85M |
| Other Assets | $0 | $81K | $23K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.14B | $1.12B | $468.3M | $462.58M | $406.22M | $411.9M | $505.07M | $458.61M | $299.74M | $77.24M | $70.55M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $77.52M | $21.09M | $12.65M | $25.93M | $9.93M | $6.86M | $3.82M | $9.13M | $5M | $705K | $664K |
| Short-Term Debt | $8.32M | $8.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200K | $91K |
| Current Income Tax Payable | $0 | $7.11M | $7.1M | $6.86M | $3.12M | $2.53M | $5.54M | $2.23M | $623K | $523K | $702K |
| Current Unearned Revenue | $5.78M | $4.92M | $0 | $0 | $0 | $0 | $0 | $12.99M | $0 | $0 | $0 |
| Other Current Liabilities | $54.68M | $10.2M | $8M | $7.7M | $5.53M | $4.38M | $4.2M | $5.01M | $4.83M | $1.24M | $885K |
| Total Current Liabilities | $163.3M | $65.53M | $37.2M | $55.91M | $29.3M | $20.21M | $20.39M | $35.33M | $20.5M | $3.08M | $2.67M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $1.06B | $307.61M | $30M | $8M | $0 | $0 | $0 | $13M | $0 | $2.6M | $174K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.47M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $7.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $74.54M | $73.77M | $71.57M | $71.9M | $72.28M | $68.69M | $67.04M | $56.78M | $24.82M | $0 | $0 |
| Total Long-Term Liabilities | $1.15B | $390.62M | $115.52M | $89.54M | $79.05M | $76.21M | $75.03M | $82.4M | $25M | $2.81M | $413K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.32B | $456.15M | $152.72M | $145.45M | $108.35M | $96.42M | $95.41M | $117.73M | $45.5M | $5.89M | $3.08M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $510K | $359K | $290K | $317K | $312K | $290K | $308K | $271K | $190K | $69.27M | $68.19M |
| Retained Earnings | $26.07M | $17.66M | $17.31M | $12.85M | $5.92M | $20.55M | $74.22M | $35.51M | -$4.17M | $2.08M | -$724K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $537.75M | $337.6M | $188.38M | $202.55M | $196.91M | $180.41M | $189.32M | $162.67M | $117.38M | $0 | $0 |
| Total Equity | $564.34M | $355.62M | $205.98M | $215.72M | $203.15M | $201.25M | $263.85M | $198.45M | $113.39M | $71.35M | $67.47M |
| Minority Interest | $262.91M | $311.11M | $109.6M | $101.41M | $94.73M | $114.22M | $145.81M | $142.43M | $140.85M | $0 | $0 |
| Total Liabilities and Equity | $1.88B | $811.77M | $358.7M | $361.16M | $311.5M | $297.67M | $359.26M | $316.18M | $158.89M | $77.24M | $70.55M |
| Supplementary Data | |||||||||||
| Total Debt | $1.08B | $328.88M | $47.79M | $20.48M | $7.52M | $8.2M | $8.61M | $13.19M | $212K | $3.04M | $529K |
| Net Debt | $725.64M | $214.62M | $41.96M | $11.65M | -$28.98M | -$52.17M | -$58.27M | -$11.87M | -$63.21M | -$527K | -$6.39M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | $58.4M | $28.92M | $38.77M | $33.51M | -$1.26M | -$51.09M | $90.36M | $85.95M | $14.68M | $2.8M | -$1.37M |
| Depreciation & Amortization | $84.28M | $47.22M | $36.19M | $30.43M | $27.21M | $27.02M | $26.93M | $18.42M | $6.63M | $3.79M | $2.4M |
| Deferred Income Tax | $16.09M | $3.98M | $7.25M | $7.68M | $132K | -$9.15M | $16.12M | $12.28M | $33.46M | $0 | $0 |
| Stock-Based Compensation | $23.37M | $10.59M | $7.74M | $6.09M | $5.21M | $4.74M | $4.47M | $3.86M | $3.7M | $127K | $64K |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$25.44M | -$16.78M | $19.7M | -$35.93M | -$15.24M | $17.4M | $853K | -$26.77M | -$8.47M | -$3.06M | $1.05M |
| Inventory | -$3.13M | -$2.25M | -$6.19M | -$4.62M | -$978K | -$235K | -$2.74M | -$10.47M | -$7.53M | $327K | $1.79M |
| Accounts Payable | $8.51M | -$3.45M | -$10.63M | $13.34M | $2.96M | $3.05M | -$3.58M | $4.47M | $4.22M | $41K | -$1.51M |
| Other Working Capital | $466K | -$6.2M | -$5.57M | $14.88M | -$2.07M | -$22K | -$18.94M | $27.39M | $2.53M | $361K | -$278K |
| Total Working Capital Change | -$19.6M | -$28.69M | -$2.68M | -$12.34M | -$15.34M | $20.19M | -$24.42M | -$5.38M | -$9.24M | -$2.34M | $1.05M |
| Other Non-Cash Items | $46.55M | -$2.66M | $989K | $2.61M | $516K | $52.15M | $1.41M | $1.23M | -$22.5M | $135K | $22K |
| Net Cash from Operating | $209.1M | $59.37M | $88.26M | $68M | $16.47M | $43.85M | $114.87M | $116.36M | $26.73M | $4.52M | $2.16M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$646.76M | -$188.42M | -$64.39M | -$81.41M | -$19.64M | -$4.66M | -$34.85M | -$161.08M | -$93.91M | -$10.9M | -$27.79M |
| Acquisitions | -$29.2M | -$117.06M | $0 | $0 | $0 | $0 | $0 | $0 | -$5M | $0 | -$73K |
| Purchases of Investments | -$10M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$398K | $452K | $2.38M | $1.87M | $114K | $886K | $850K | $534K | -$72K | -$36K | $4K |
| Net Cash from Investing | -$686.36M | -$305.03M | -$62M | -$79.54M | -$19.52M | -$3.77M | -$34M | -$160.54M | -$98.98M | -$10.94M | -$27.86M |
| Financing Activities | |||||||||||
| Debt Repaid | -$761.18M | -$295.56M | -$20.9M | -$6.39M | $30K | $35K | $35K | -$12.97M | -$7.78M | -$2.26M | $279K |
| Common Stock Issuance | $0 | $160.88M | $0 | $6K | $13K | $0 | $0 | $0 | $155.76M | $0 | $0 |
| Common Stock Repurchases | -$10.55M | -$9.79M | -$27.8M | $0 | $0 | -$27.17M | -$4.36M | -$1.15M | $0 | $0 | -$5K |
| Dividends Paid | -$21.76M | -$14.6M | -$14.07M | -$13.8M | -$13.56M | -$19.18M | -$19.26M | -$4.71M | -$25.82M | $0 | $0 |
| Other Financing Activities | -$58.17M | -$32.35M | -$8.41M | -$8.71M | -$7.24M | -$212K | -$2.39M | -$1.3M | -$111K | $795K | $8.16M |
| Net Cash from Financing | $670.7M | $399.7M | -$29.26M | -$16.12M | -$20.82M | -$46.59M | -$39.04M | $5.82M | $132.11M | $3.06M | $7.88M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $193.45M | $154.03M | -$3M | -$27.66M | -$23.87M | -$6.52M | $41.83M | -$38.36M | $59.85M | -$3.35M | -$17.82M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $209.1M | $59.37M | $88.26M | $68M | $16.47M | $43.85M | $114.87M | $116.36M | $26.73M | $4.52M | $2.16M |
| Capital Expenditure | -$646.76M | -$188.42M | -$64.39M | -$81.41M | -$19.64M | -$4.66M | -$34.85M | -$161.09M | -$93.98M | -$10.94M | -$27.79M |
| Free Cash Flow | -$437.65M | -$129.05M | $23.87M | -$13.41M | -$3.17M | $39.19M | $80.02M | -$44.72M | -$67.25M | -$6.41M | -$25.63M |
| Cash at Beginning | $159.87M | $5.83M | $8.84M | $36.5M | $60.37M | $66.88M | $25.06M | $63.42M | $3.57M | $6.92M | $24.75M |
| Cash at End | $353.32M | $159.87M | $5.83M | $8.84M | $36.5M | $60.37M | $66.88M | $25.06M | $63.42M | $3.57M | $6.92M |