Solaris Oilfield Infrastructure (SOI) Revenue & Revenue Breakdown


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Solaris Oilfield Infrastructure Revenue Highlights


Latest Revenue (Y)

$292.95M

Latest Revenue (Q)

$73.89M

Main Segment (Y)

Wellsite services

Solaris Oilfield Infrastructure Revenue by Period


Solaris Oilfield Infrastructure Revenue by Year

DateRevenueChange
2023-12-31$292.95M-8.46%
2022-12-31$320.00M101.02%
2021-12-31$159.19M54.59%
2020-12-31$102.98M-57.39%
2019-12-31$241.69M22.56%
2018-12-31$197.20M192.60%
2017-12-31$67.39M271.18%
2016-12-31$18.16M27.82%
2015-12-31$14.21M-

Solaris Oilfield Infrastructure generated $292.95M in revenue during NA 2023, up -8.46% compared to the previous quarter, and up 148.56% compared to the same period a year ago.

Solaris Oilfield Infrastructure Revenue by Quarter

DateRevenueChange
2024-06-30$73.89M8.83%
2024-03-31$67.89M7.17%
2023-12-31$63.35M-9.08%
2023-09-30$69.68M-9.75%
2023-06-30$77.20M-6.67%
2023-03-31$82.72M-1.58%
2022-12-31$84.05M-8.96%
2022-09-30$92.33M6.47%
2022-06-30$86.71M52.35%
2022-03-31$56.91M23.83%
2021-12-31$45.96M-6.91%
2021-09-30$49.38M40.36%
2021-06-30$35.18M22.71%
2021-03-31$28.67M13.42%
2020-12-31$25.28M23.11%
2020-09-30$20.53M119.87%
2020-06-30$9.34M-80.48%
2020-03-31$47.83M-23.91%
2019-12-31$62.86M5.46%
2019-09-30$59.60M-7.02%
2019-06-30$64.10M16.29%
2019-03-31$55.12M-3.86%
2018-12-31$57.34M1.15%
2018-09-30$56.69M20.21%
2018-06-30$47.16M30.92%
2018-03-31$36.02M42.91%
2017-12-31$25.20M36.40%
2017-09-30$18.48M38.01%
2017-06-30$13.39M29.69%
2017-03-31$10.32M41.64%
2016-12-31$7.29M53.52%
2016-09-30$4.75M59.54%
2016-06-30$2.98M-5.34%
2016-03-31$3.14M-

Solaris Oilfield Infrastructure generated $73.89M in revenue during Q2 2024, up 8.83% compared to the previous quarter, and up 89.32% compared to the same period a year ago.

Solaris Oilfield Infrastructure Revenue Breakdown


Solaris Oilfield Infrastructure Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Wellsite services$292.30M$318.98M$158.05M--
Transloading and Other$645.00K$1.03M$1.14M--
Management System Services---$48.63M$63.87M
Transloading---$1.25M$34.10M
Inventory Software Services---$930.00K$1.69M
Management System Rental---$52.17M$142.02M

Solaris Oilfield Infrastructure's latest annual revenue breakdown by segment (product or service), as of Dec 23: Wellsite services (99.78%), and Transloading and Other (0.22%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18
Wellsite services$67.70M$132.70M$77.10M$82.50M$83.78M$92.10M$86.50M$56.60M------------
Transloading and Other$200.00K$345.00K$100.00K$200.00K$228.00K$200.00K$200.00K$300.00K------------
Management System Services--------$32.99M$20.62M$14.71M$13.39M$10.86M$3.42M$20.96M$15.25M$18.15M$19.03M$11.44M$12.05M
Management System Rental--------$16.09M$14.32M$13.65M$11.45M$9.20M$5.46M$26.06M$28.30M$36.64M$39.74M$37.35M$42.03M
Inventory Software Services--------$210.00K$202.00K$197.00K$220.00K$169.00K$192.00K$349.00K$338.00K$396.00K$449.00K$506.00K$602.00K
Transloading--------$86.00K$38.00K$114.00K$211.00K$310.00K$264.00K$465.00K$18.97M$4.42M$4.88M$5.83M$2.00M

Solaris Oilfield Infrastructure's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Wellsite services (99.71%), and Transloading and Other (0.29%).

Solaris Oilfield Infrastructure Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LBRTLiberty Energy$4.75B$1.14B
CHXChampionX$3.76B$906.53M
MRCMRC Global$3.41B$806.00M
NEXNexTier Oilfield Solutions$3.24B$945.09M
ACDCProFrac$2.63B$579.40M
VTOLBristow Group$1.23B$338.09M
WHDCactus$1.10B$293.18M
AROCArchrock$990.34M$270.53M
OISOil States$782.28M-
NRNewpark Resources$749.60M$179.01M
RNGRRanger Energy Services$636.60M$153.00M
SOISolaris Oilfield Infrastructure$292.95M$73.89M
DRQDril-Quip$2.56M$110.30M

SOI Revenue FAQ


Solaris Oilfield Infrastructure's yearly revenue for 2023 was $292.95M, representing a decrease of -8.46% compared to 2022. The company's yearly revenue for 2022 was $320M, representing an increase of 101.02% compared to 2021. SOI's yearly revenue for 2021 was $159.19M, representing an increase of 54.59% compared to 2020.

Solaris Oilfield Infrastructure's quarterly revenue for Q2 2024 was $73.89M, a 8.83% increase from the previous quarter (Q1 2024), and a -4.30% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $67.89M, a 7.17% increase from the previous quarter (Q4 2023), and a -17.93% decrease year-over-year (Q1 2023). SOI's quarterly revenue for Q4 2023 was $63.35M, a -9.08% decrease from the previous quarter (Q3 2023), and a -24.64% decrease year-over-year (Q4 2022).

Solaris Oilfield Infrastructure's revenue growth rate for the last 3 years (2021-2023) was 84.02%, and for the last 5 years (2019-2023) was 21.21%.

Solaris Oilfield Infrastructure's revenue streams in c 23 are Wellsite services, and Transloading and Other. Wellsite services generated $292.3M in revenue, accounting 99.78% of the company's total revenue, down -8.36% year-over-year. Transloading and Other generated $645K in revenue, accounting 0.22% of the company's total revenue, down -37.26% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Solaris Oilfield Infrastructure was Wellsite services. This segment made a revenue of $292.3M, representing 99.78% of the company's total revenue.