Filing Flows › WaterBridge Infrastructure LLC (WBI) › Q3 2026 › vs Q3 2025
WaterBridge Infrastructure LLC (WBI) Q3 2026 vs Q3 2025 (year over year)
WaterBridge Infrastructure LLC's revenue rose $117M (+95%) from $123M in Q3 2025 to $240M in Q3 2026. Operating margin 17.2% against 19.2% (-2.0 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 17.2% | 19.2% | -2.0 pts |
| Net margin | 2.3% | -0.5% | +2.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $240M | $123M | $117M | +95% |
| Operating profit | $41.3M | $23.7M | $17.6M | +74% |
| Costs & expenses | $199M | $99.6M | $99.3M | +100% |
| Pre-tax earnings | $14.9M | $4.4M | $10.5M | +240% |
| Other expense, net | $26.4M | $19.3M | $7.1M | +37% |
| Cost of revenue | $177M | $88.3M | $89.2M | +101% |
| General & admin | $18.5M | $9.0M | $9.5M | +106% |
| Other operating costs | $2.8M | $2.3M | $511K | +22% |
| Net earnings | $5.5M | −$667K | $6.2M | — |
| Minority interests | $7.8M | $5.4M | $2.4M | +44% |
| Income tax | $1.6M | −$366K | $1.9M | — |
| Depreciation & amortization | $52.0M | $24.2M | $27.8M | +115% |
| Share-based compensation | $2.9M | $1.2M | $1.7M | +140% |
| Working capital & other | $45.1M | −$12.4M | $57.5M | — |
| Operating cash flow | $106M | $12.3M | $93.2M | +756% |
| Capital expenditures | $124M | $59.4M | $64.5M | +109% |
| Negative free cash flow (OCF − capex) | $18.3M | $47.0M | −$28.7M | -61% |
Questions
How much did WaterBridge Infrastructure LLC's revenue grow year over year in Q3 2026?
WaterBridge Infrastructure LLC's revenue rose $117M (+95%) from $123M in Q3 2025 to $240M in Q3 2026. Operating margin 17.2% against 19.2% (-2.0 pts).