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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$2.74B
ACDCProFrac$2.63B$575.30M
VTOLBristow Group$1.23B$365.12M
WHDCactus$1.10B$293.18M
AROCArchrock$990.34M$270.53M
OISOil States$782.28M-
NRNewpark Resources$749.60M$-188.15M
RNGRRanger Energy Services$636.60M$153.00M

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.