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Security

WBI · WaterBridge Infrastructure LLC

WBINYSECommon stockCurrentCIK 2064947Updated Sep 26, 2026

Company: WaterBridge Infrastructure LLC →

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About the company

WaterBridge was formed on April 11, 2025 as a Delaware limited liability company to serve as the issuer in an initial public offering of its Class A shares, which closed on September 18, 2025. WaterBridge is a holding company, the principal asset of which is OpCo Units. WaterBridge is also the sole managing member of OpCo.

S-1 · 2026-03-27 · 0001193125-26-129134

Company description from the cited filing.

In the news

Seeking Alpha
SEC disclosures

Financials

FY 2025 · USD
Revenue525,553,000USD · FY 2025
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

Net income— · FY 2025
Operating income78,862,000USD · FY 2025
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

Diluted EPS— · FY 2025

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024
ASSETS
AssetsUSD3,700,020,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

1,350,587,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Property, Plant and Equipment, NetUSD2,285,536,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

1,101,041,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

GoodwillUSD53,127,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

9,091,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Intangible Assets, Net (Excluding Goodwill)USD935,708,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

98,589,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD51,543,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

13,284,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Assets, CurrentUSD261,125,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

120,338,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Prepaid Expense and Other Assets, CurrentUSD14,834,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

6,008,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Operating Lease, Right-of-Use AssetUSD6,537,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

0
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Other Assets, NoncurrentUSD32,719,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

21,528,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD1,852,411,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

687,538,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Stockholders’ equity:
Retained Earnings (Accumulated Deficit)USD-4,537,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

0
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Stockholders' Equity Attributable to ParentUSD602,306,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

0
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Liabilities and EquityUSD3,700,020,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

1,350,587,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Current liabilities:
Liabilities, CurrentUSD188,940,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

83,468,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Operating Lease, Liability, CurrentUSD777,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

0
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2024-12-31

Operating Lease, Liability, NoncurrentUSD5,774,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

0
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Other Liabilities, NoncurrentUSD30,259,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

17,653,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Stockholders' Equity Attributable to Noncontrolling InterestUSD1,245,303,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

0
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD130,126,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

44,553,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Long-term Debt, Current MaturitiesUSD12,546,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

6,536,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Long-term Debt, Excluding Current MaturitiesUSD1,431,837,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

586,417,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD9,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

2,992,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and AmortizationUSD140,899,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

78,315,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Share-based Payment Arrangement, Noncash ExpenseUSD5,338,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

9,529,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD37,051,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

4,928,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Deferred Income Tax Expense (Benefit)USD-1,246,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD159,695,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

73,859,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash AcquiredUSD-39,901,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

166,523,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Investing ActivitiesUSD-218,623,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

-323,661,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD97,187,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

250,217,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD38,259,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

415,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD51,543,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

13,284,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD49,417,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

49,734,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Additional Financial Items
Amortization of Debt Issuance Costs and DiscountsUSD4,359,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

5,303,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Asset Retirement Obligation, Accretion ExpenseUSD1,443,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

1,062,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

DepreciationUSD103,400,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

70,400,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Depreciation, Amortization and Accretion, NetUSD140,899,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

78,315,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Gain (Loss) on Disposition of AssetsUSD-11,980,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

137,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Gain (Loss) on Disposition of Property Plant EquipmentUSD-11,980,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

137,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Gain (Loss) on Extinguishment of DebtUSD-11,411,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD47,237,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

33,786,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

GoodwillUSD53,127,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

As of 2025-12-31

9,091,000
Source

10-Q · 2025-11-12 · 0001193125-25-278007

As of 2024-12-31

Income Tax Expense (Benefit)USD-1,065,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

320,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Other Nonoperating Income (Expense)USD433,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

251,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Other Operating Income (Expense), NetUSD-4,162,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

1,618,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Proceeds from Contributions from AffiliatesUSD20,080,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Proceeds from Issuance of Common StockUSD685,354,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

0
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024
Total RevenueUSD525,553,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

316,296,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Cost of Goods and Services Sold——
Gross Profit (Calculated) · Derived——
Operating Income (Loss)USD78,862,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

56,417,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Other Nonoperating Income (Expense)USD433,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

251,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-1,056,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

3,312,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD-1,065,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

320,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD181,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

320,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD47,237,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

33,786,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Interest Income (Expense), NetUSD-68,940,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

-53,356,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Other Operating Income (Expense), NetUSD-4,162,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2025-01-01 to 2025-12-31

1,618,000
Source

10-K · 2026-03-16 · 0001193125-26-106541

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-294703

S-1 · 2026-03-27 · 0001193125-26-129134

Terms from the governing filing for this registration; not a claim that the offering is open today.

Filing attachments

wbi-ex99_1.htm · 8-K · 2026-08-18

EX-99.1 2 wbi-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 WaterBridge Announces Pricing of Upsized $150,000,000 Offering of Additional 6.500% Senior Notes due 2033 August 13, 2026 HOUSTON - (BUSINESS WIRE) - WaterBridge Infrastructure LLC (NYSE: WBI; NYSE Texas: WBI) (“WaterBridge”) announced today that WBI Operating LLC (the “Issuer”), a subsidiary of WaterBridge, has priced its offering (the “Offering”) of $150 million in aggregate principal amount of 6.500% senior notes due 2033 at par (t…

8-K · 2026-08-18 · 0001193125-26-355657

Read attachment ↗
d135161dex991.htm · 8-K · 2026-08-13

EX-99.1 2 d135161dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 WaterBridge Announces Launch of $100,000,000 Offering of Additional 6.500% Senior Notes due 2033 August 13, 2026 HOUSTON - (BUSINESS WIRE) - WaterBridge Infrastructure LLC (NYSE: WBI; NYSE Texas: WBI) (“WaterBridge”) announced today that WBI Operating LLC (the “Issuer”), a subsidiary of WaterBridge, intends, subject to market conditions, to offer $100 million in aggregate principal amount of 6.500% senior notes due 2033 (the “New N…

8-K · 2026-08-13 · 0001193125-26-348048

Read attachment ↗
d135161dex992.htm · 8-K · 2026-08-13

EX-99.2 3 d135161dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Company Overview We are a leading integrated, pure-play water infrastructure company with operations predominantly in the Delaware Basin, the most prolific oil and natural gas basin in North America. We believe that our strategically located network, substantial scale and built-in operational redundancies provide a competitive advantage in attracting customers and allow us to achieve significant operating and capital efficiencies. W…

8-K · 2026-08-13 · 0001193125-26-348048

Read attachment ↗
wbi-ex99_1.htm · 8-K · 2026-08-05

EX-99.1 2 wbi-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 WaterBridge Announces Second Quarter 2026 Results Reports second quarter 2026 produced water handling volumes of 2.6 million barrels per day and revenue of $217.8 million, representing quarter-over-quarter growth of 6% and 8%, respectively Announces strategic acquisition of Ranger Water Midstream in Lea County, New Mexico Announces doubling of environmental waste management business facilities and scale through agreement to acquire t…

8-K · 2026-08-05 · 0001193125-26-335301

Read attachment ↗
wbi-ex99_1.htm · 8-K · 2026-05-06

EX-99.1 2 wbi-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 WaterBridge Announces First Quarter 2026 Results Increases full-year 2026 guidance ranges for produced water handling volumes and Adjusted EBITDA to 2.525 million barrels per day to 2.725 million barrels per day and $425 million to $465 million, respectively Reports first quarter 2026 produced water handling volumes of 2.5 million barrels per day and revenue of $201.0 million Declares quarterly cash dividend of $0.05 per share HOUST…

8-K · 2026-05-06 · 0001193125-26-209050

Read attachment ↗