Solaris Oilfield Infrastructure (SOI) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $292.95M | -8.46% |
| 2022-12-31 | $320.00M | 101.02% |
| 2021-12-31 | $159.19M | 54.59% |
| 2020-12-31 | $102.98M | -57.39% |
| 2019-12-31 | $241.69M | 22.56% |
| 2018-12-31 | $197.20M | 192.60% |
| 2017-12-31 | $67.39M | 271.18% |
| 2016-12-31 | $18.16M | 27.82% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $73.89M | 8.83% |
| 2024-03-31 | $67.89M | 7.17% |
| 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 | $92.33M | 6.47% |
| 2022-06-30 | $86.71M | 52.35% |
| 2022-03-31 | $56.91M | 23.83% |
| 2021-12-31 | $45.96M | -6.91% |
| 2021-09-30 | $49.38M | 40.36% |
| 2021-06-30 | $35.18M | 22.71% |
| 2021-03-31 | $28.67M | 13.42% |
| 2020-12-31 | $25.28M | 23.11% |
| 2020-09-30 | $20.53M | 119.87% |
| 2020-06-30 | $9.34M | -80.48% |
| 2020-03-31 | $47.83M | -23.91% |
| 2019-12-31 | $62.86M | 5.46% |
| 2019-09-30 | $59.60M | -7.02% |
| 2019-06-30 | $64.10M | 16.29% |
| 2019-03-31 | $55.12M | -3.86% |
| 2018-12-31 | $57.34M | 1.15% |
| 2018-09-30 | $56.69M | 20.21% |
| 2018-06-30 | $47.16M | 30.92% |
| 2018-03-31 | $36.02M | 42.91% |
| 2017-12-31 | $25.20M | 36.40% |
| 2017-09-30 | $18.48M | 38.01% |
| 2017-06-30 | $13.39M | 29.69% |
| 2017-03-31 | $10.32M | 41.64% |
| 2016-12-31 | $7.29M | 53.52% |
| 2016-09-30 | $4.75M | 59.54% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LBRT | Liberty Energy | $4.75B | $1.16B |
| CHX | ChampionX | $3.76B | $893.27M |
| MRC | MRC Global | $3.41B | $806.00M |
| NEX | NexTier Oilfield Solutions | $3.24B | $945.09M |
| ACDC | ProFrac | $2.63B | $579.40M |
| VTOL | Bristow Group | $1.23B | $338.09M |
| WHD | Cactus | $1.10B | $290.39M |
| AROC | Archrock | $990.34M | $270.53M |
| OIS | Oil States | $782.28M | - |
| NR | Newpark Resources | $749.60M | $179.01M |
| RNGR | Ranger Energy Services | $636.60M | $138.10M |
| SOI | Solaris Oilfield Infrastructure | $292.95M | $73.89M |
| DRQ | Dril-Quip | $2.56M | $110.30M |
SOI Revenue FAQ
What is Solaris Oilfield Infrastructure’s yearly revenue?
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.
What is Solaris Oilfield Infrastructure’s quarterly revenue?
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).
What is Solaris Oilfield Infrastructure’s revenue growth rate?
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%.
What are Solaris Oilfield Infrastructure’s revenue streams?
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.
What is Solaris Oilfield Infrastructure’s main source of revenue?
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.