WaterBridge Infrastructure LLC

WBI

Overview

Revenue
$751M
+102.7%YoY
Gross profit
$188M
+70.1%YoY25.1%margin
Operating income
$112M
+67.9%YoY14.9%margin
Free cash flow
−$122M
-16.3%FCF margin
Trailing 12 months · Q3 25 – Q2 26

About WaterBridge Infrastructure LLC

WaterBridge Infrastructure LLC, water infrastructure company, provides water management solutions through integrated pipeline and water handling networks in the United States. It offers produced water handling and gathering pipeline services; brackish water, recycled water, and produced water solutions; and gas transportation services. The company was incorporated in 2025 and is headquartered in Houston, Texas.

wbinfra.com ↗

Leadership
  • Jason LongChief Executive Officer
  • Jason Thomas LongChief Executive Officer
  • Scott L. McNeelyChief Financial Officer
  • Scott Lloyd McNeelyExecutive Vice President, Chief Financial Officer
  • Jason WilliamsChief Administrative Officer
  • Jason Frederick WilliamsExecutive Vice President, Chief Accounting Officer
Employees
540
Business address
HOUSTON, TX
Fiscal year ends
December 31
Listed
NYSE · WBI

Price

Share price

Daily closing price. The header shows the latest close, the market cap at that close and the change over the selected range. Hover or tap the chart to read any day.
$29.23
+$3.39 (+13.12%)past year
Market cap
$3.61B
At close
Oct 5, 2026

Share price vs index

WaterBridge Infrastructure LLC's share price and the index, each as its percentage change since the first day of the selected range. The shading shows the gap: green while WaterBridge Infrastructure LLC is ahead, orange while it is behind. The values at the end are each one's change over the range.

Valuation

Market cap divided by trailing 12 months net income (P/E) and revenue (P/S), using the four quarters reported by each day. Turn a series off in the key and the chart rescales to the other.

Revenue mix

Revenue by product

Revenue reported for each product. The figure at the top of each column is the total of the products shown. Switch to % to see each product's share.

Product growth

Each product's revenue in the chosen period against the same period a year earlier (YoY), so seasonal swings cancel out, or against the quarter before (QoQ). A year is always compared with the year before. Hover or tap a line to bring it forward.

Income statement

Revenue, gross profit and net income

Revenue, gross profit and net income on one scale, so their sizes can be compared period by period.

Income statement

How revenue becomes net income in the chosen year or quarter. Solid bars are totals; hatched bars are the costs taken off between them.
TotalSubtracted

Operating leverage

Revenue growth against operating expense growth, each against the same quarter a year earlier. While revenue grows faster than opex, each extra dollar of sales keeps more profit.

Cash flow

Operating and free cash flow

Free cash flow is what is left of operating cash flow after capital expenditure. The gap between each pair of bars is that year's capex.

Cash flow statement

The reported movements behind the change in cash in the chosen year or quarter. Solid bars are totals; hatched bars are what was added or taken off between them.
TotalAddedSubtracted

Capital allocation

Operating cash flow above zero; what it was spent on below: capital expenditure, dividends and buybacks.

Stock-based compensation

Stock-based compensation reported in the cash flow statement each period. The line is that amount as a percentage of the same period's revenue.
Stock-based compensation% of revenue

Balance sheet

Assets, liabilities and equity

The balance sheet at the end of the chosen year or quarter. What the company owns on the left, against what it owes and what belongs to shareholders on the right. Both columns add up to total assets.

Net cash

Cash and short-term investments minus total debt at each quarter end. Below zero, the company owes more than it holds.
Net cashNet debt

War chest

Cash and short-term investments held at each quarter end. The figure at the top of each column is the total.