Filing Flows

Filing Flows › WaterBridge Infrastructure LLC (WBI) › Q2 2026 › vs Q1 2026

WaterBridge Infrastructure LLC (WBI) Q2 2026 vs Q1 2026 (quarter over quarter)

WaterBridge Infrastructure LLC's revenue rose $16.8M (+8%) from $201M in Q1 2026 to $218M in Q2 2026. Operating margin 18.5% against 15.2% (+3.3 pts).

WaterBridge Infrastructure LLC, Q2 2026: revenue $218M (+128% year over year), operating margin 18.5%, net earnings $5.1M, operating cash flow $64.9M. The chart draws each line against Q1 2026, the increases inside each band.

WaterBridge Infrastructure LLC: what changed, Q2 2026 vs Q1 2026WaterBridge Infrastructure LLC: what changed, Q2 2026 vs Q1 2026Negative free cash flow (OCF …$42.6MWorking capital & other−$34.9MOperating cash flow−$30.2MCapital expenditures$12.3MOperating profit$9.8MCosts & expenses$7.0MCost of revenue$6.9MPre-tax earnings$6.2MOther expense, net$3.6MMinority interests$3.4M

Margins

Q2 2026Q1 2026Change
Operating margin18.5%15.2%+3.3 pts
Net margin2.3%1.7%+0.6 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$218M$201M$16.8M+8%
Operating profit$40.3M$30.5M$9.8M+32%
Costs & expenses$178M$171M$7.0M+4%
Pre-tax earnings$16.8M$10.6M$6.2M+59%
Other expense, net$23.5M$19.9M$3.6M+18%
Cost of revenue$160M$153M$6.9M+4%
General & admin$17.7M$16.8M$871K+5%
Net earnings$5.1M$3.5M$1.6M+45%
Minority interests$9.4M$6.0M$3.4M+57%
Income tax$2.2M$1.1M$1.2M+110%
Depreciation & amortization$48.1M$45.0M$3.1M+7%
Share-based compensation$2.6M$2.6M−$1K0%
Working capital & other$9.1M$44.0M−$34.9M-79%
Operating cash flow$64.9M$95.1M−$30.2M-32%
Capital expenditures$123M$111M$12.3M+11%
Negative free cash flow (OCF − capex)$58.4M$15.8M$42.6M+269%

Questions

How much did WaterBridge Infrastructure LLC's revenue grow quarter over quarter in Q2 2026?

WaterBridge Infrastructure LLC's revenue rose $16.8M (+8%) from $201M in Q1 2026 to $218M in Q2 2026. Operating margin 18.5% against 15.2% (+3.3 pts).

Q2 2026 results → · Compare in the interactive Sankey →