Filing Flows

Filing Flows › WaterBridge Infrastructure LLC (WBI) › Q3 2026 › vs Q2 2026

WaterBridge Infrastructure LLC (WBI) Q3 2026 vs Q2 2026 (quarter over quarter)

WaterBridge Infrastructure LLC's revenue rose $22.4M (+10%) from $218M in Q2 2026 to $240M in Q3 2026. Operating margin 17.2% against 18.5% (-1.3 pts).

WaterBridge Infrastructure LLC, Q3 2026: revenue $240M (+95% year over year), operating margin 17.2%, net earnings $5.5M, operating cash flow $106M. The chart draws each line against Q2 2026, the increases inside each band.

WaterBridge Infrastructure LLC: what changed, Q3 2026 vs Q2 2026WaterBridge Infrastructure LLC: what changed, Q3 2026 vs Q2 2026Operating cash flow$40.7MNegative free cash flow (OCF …−$40.1MWorking capital & other$36.0MCosts & expenses$21.3MCost of revenue$17.8MDepreciation & amortization$3.9MOther expense, net$2.9MPre-tax earnings−$1.9MMinority interests−$1.7MOperating profit$1.0M

Margins

Q3 2026Q2 2026Change
Operating margin17.2%18.5%-1.3 pts
Net margin2.3%2.3%-0.0 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$240M$218M$22.4M+10%
Operating profit$41.3M$40.3M$1.0M+3%
Costs & expenses$199M$178M$21.3M+12%
Pre-tax earnings$14.9M$16.8M−$1.9M-11%
Other expense, net$26.4M$23.5M$2.9M+12%
Cost of revenue$177M$160M$17.8M+11%
General & admin$18.5M$17.7M$867K+5%
Net earnings$5.5M$5.1M$425K+8%
Minority interests$7.8M$9.4M−$1.7M-17%
Income tax$1.6M$2.2M−$627K-28%
Depreciation & amortization$52.0M$48.1M$3.9M+8%
Share-based compensation$2.9M$2.6M$321K+12%
Working capital & other$45.1M$9.1M$36.0M+394%
Operating cash flow$106M$64.9M$40.7M+63%
Capital expenditures$124M$123M$611K+0.5%
Negative free cash flow (OCF − capex)$18.3M$58.4M−$40.1M-69%

Questions

How much did WaterBridge Infrastructure LLC's revenue grow quarter over quarter in Q3 2026?

WaterBridge Infrastructure LLC's revenue rose $22.4M (+10%) from $218M in Q2 2026 to $240M in Q3 2026. Operating margin 17.2% against 18.5% (-1.3 pts).

Q3 2026 results → · Compare in the interactive Sankey →