Every 10-Q that Solaris Energy Infrastructure, Inc. (SEI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SEI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SEI filings page.
Solaris Energy Infrastructure, Inc. delivered significant growth for the quarter ended June 30, 2026. Total revenue rose to $219,400 (in thousands) from $149,328 (in thousands) a year earlier, led by higher leasing revenue in Solaris Power Solutions. Net income attributable to Class A common shareholders increased to $19,853 (in thousands) from $11,402 (in thousands), with diluted EPS of $0.26.
For the first six months of 2026, revenue reached $415,639 (in thousands) versus $275,660 (in thousands) in 2025, and net cash provided by operating activities climbed to $265,506 (in thousands). Total assets expanded to $4,212,318 (in thousands), reflecting growth in equipment held for lease and the $483.2 million Genco asset acquisition.
To fund expansion, Solaris issued $1.3 billion of 6.375% Senior Notes due 2031 and added a $650.0 million revolving credit facility, alongside existing convertible notes. Deferred revenue increased to $192.4 million, supported by long-term leasing contracts with future minimum lease payments totaling $6,102.6 million.
Solaris Energy Infrastructure, Inc. reported sharply higher results for the three months ended March 31, 2026, driven by its power solutions business and new leasing assets. Total revenue rose to $196.2 million from $126.3 million, while net income increased to $32.1 million from $13.0 million.
Leasing revenue more than doubled to $105.4 million, largely within Solaris Power Solutions, and service revenue was $90.9 million. Net income attributable to Class A shareholders was $20.7 million, or $0.40 basic and $0.32 diluted EPS, up from $0.14 a year earlier.
The company transformed its balance sheet by closing the $484.3 million Genco asset acquisition, expanding equipment held for lease to $2.0 billion gross and boosting segment assets in Solaris Power Solutions to $2.26 billion. Capital expenditures reached $343.4 million, funded largely by new term debt, including a $300.0 million Bridge Term Loan and a $148.6 million Stonebriar facility, bringing total debt to $715.1 million plus $902.5 million of convertible notes.
Solaris Energy Infrastructure reported a sharp Q3 turnaround, with total revenue of $166.8 million, up from $75.0 million a year ago, and operating income of $37.9 million. Net income attributable to Class A shareholders was $14.0 million, or $0.31 diluted EPS, versus a loss last year.
Growth was driven by Solaris Power Solutions, which generated $104.9 million in Q3 revenue (vs. $4.7 million), including $82.4 million of leasing revenue as deployed power assets scaled. Solaris Logistics Solutions delivered $61.9 million (vs. $70.3 million). Segment Adjusted EBITDA totaled $75.5 million (vs. $27.5 million).
The company expanded its asset base and financing. Equipment held for lease rose to $763.1 million (from $339.9 million at year-end), and future minimum lease payments were $1,441.9 million as of September 30, 2025. Cash from operations reached $113.2 million year-to-date, while capital expenditures were $392.3 million. Long-term debt (including Stateline) increased, and convertible notes of $149.5 million were outstanding.
Strategic moves included forming and consolidating Stateline Power (50.1% owned) and securing a delayed draw term loan with an initial $72.0 million draw, plus completing the HVMVLV acquisition for $60.1 million, which contributed $4.6 million of revenue and $2.5 million of pre-tax income in Q3.