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How WaterBridge Infrastructure LLC (WBI) makes money

WaterBridge Infrastructure LLC (WBI) made $240M of revenue in the third quarter 2026 (Q3 2026), +95% from a year earlier. Of every dollar of revenue, 17¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

WaterBridge Infrastructure LLC revenue by quarterWaterBridge Infrastructure LLC revenue by quarter$123MQ3 2025$209MQ4 2025$201MQ1 2026$218MQ2 2026$240MQ3 2026
WaterBridge Infrastructure LLC: where each dollar of revenue goesWaterBridge Infrastructure LLC: where each dollar of revenue goesOperating profit17¢Income tax1¢Net earnings2¢Operating cash flow44¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$240M100.0%
Operating profit$41.3M17.2%
Income tax$1.6M0.7%
Net earnings$5.5M2.3%
Operating cash flow$106M44.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$240M+95%
Q2 2026$218M+128%
Q1 2026$201M+105%
Q4 2025$209M+140%
Q3 2025$123M+37%

From WaterBridge Infrastructure LLC's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does WaterBridge Infrastructure LLC make money?

WaterBridge Infrastructure LLC (WBI) made $240M of revenue in the third quarter 2026 (Q3 2026), +95% from a year earlier. Of every dollar of revenue, 17¢ was left as operating profit, 2¢ was left as net earnings.

What is WaterBridge Infrastructure LLC's profit margin?

Net earnings were $5.5M, 2.3% of revenue, in the third quarter 2026; the operating margin was 17.2%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.