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Side-by-side financial comparison of Select Water Solutions, Inc. (WTTR) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $346.5M, roughly 1.1× Select Water Solutions, Inc.). EXPRO GROUP HOLDINGS N.V. runs the higher net margin — 1.5% vs -0.1%, a 1.6% gap on every dollar of revenue. On growth, Select Water Solutions, Inc. posted the faster year-over-year revenue change (-0.7% vs -12.5%). EXPRO GROUP HOLDINGS N.V. produced more free cash flow last quarter ($23.2M vs $-6.0M). Over the past eight quarters, EXPRO GROUP HOLDINGS N.V.'s revenue compounded faster (-0.2% CAGR vs -2.8%).

Select Water Solutions, Inc. is a leading provider of end-to-end water management, fluid handling, and environmental sustainability services primarily catering to the North American onshore oil and gas exploration and production sector. Its core offerings include water sourcing, treatment, recycling, disposal, and chemical solutions to help clients cut operational costs and reduce environmental footprint.

Expro is an energy services provider headquartered in Houston, Texas, United States.

WTTR vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
1.1× larger
XPRO
$382.1M
$346.5M
WTTR
Growing faster (revenue YoY)
WTTR
WTTR
+11.8% gap
WTTR
-0.7%
-12.5%
XPRO
Higher net margin
XPRO
XPRO
1.6% more per $
XPRO
1.5%
-0.1%
WTTR
More free cash flow
XPRO
XPRO
$29.2M more FCF
XPRO
$23.2M
$-6.0M
WTTR
Faster 2-yr revenue CAGR
XPRO
XPRO
Annualised
XPRO
-0.2%
-2.8%
WTTR

Income Statement — Q4 2025 vs Q4 2025

Metric
WTTR
WTTR
XPRO
XPRO
Revenue
$346.5M
$382.1M
Net Profit
$-346.0K
$5.8M
Gross Margin
13.1%
Operating Margin
-0.1%
3.1%
Net Margin
-0.1%
1.5%
Revenue YoY
-0.7%
-12.5%
Net Profit YoY
78.9%
-74.9%
EPS (diluted)
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
WTTR
WTTR
XPRO
XPRO
Q4 25
$346.5M
$382.1M
Q3 25
$322.2M
$411.4M
Q2 25
$364.2M
$422.7M
Q1 25
$374.4M
$390.9M
Q4 24
$349.0M
$436.8M
Q3 24
$371.3M
$422.8M
Q2 24
$365.1M
$469.6M
Q1 24
$366.5M
$383.5M
Net Profit
WTTR
WTTR
XPRO
XPRO
Q4 25
$-346.0K
$5.8M
Q3 25
$2.7M
$14.0M
Q2 25
$10.6M
$18.0M
Q1 25
$8.2M
$13.9M
Q4 24
$-1.6M
$23.0M
Q3 24
$15.8M
$16.3M
Q2 24
$12.9M
$15.3M
Q1 24
$3.6M
$-2.7M
Gross Margin
WTTR
WTTR
XPRO
XPRO
Q4 25
13.1%
Q3 25
13.5%
Q2 25
15.9%
Q1 25
14.9%
Q4 24
12.7%
Q3 24
16.8%
Q2 24
16.5%
Q1 24
14.4%
Operating Margin
WTTR
WTTR
XPRO
XPRO
Q4 25
-0.1%
3.1%
Q3 25
-0.5%
6.4%
Q2 25
4.2%
7.7%
Q1 25
4.2%
2.6%
Q4 24
0.7%
7.3%
Q3 24
6.6%
6.2%
Q2 24
5.6%
5.9%
Q1 24
1.9%
2.2%
Net Margin
WTTR
WTTR
XPRO
XPRO
Q4 25
-0.1%
1.5%
Q3 25
0.8%
3.4%
Q2 25
2.9%
4.3%
Q1 25
2.2%
3.6%
Q4 24
-0.5%
5.3%
Q3 24
4.3%
3.8%
Q2 24
3.5%
3.3%
Q1 24
1.0%
-0.7%
EPS (diluted)
WTTR
WTTR
XPRO
XPRO
Q4 25
$0.05
Q3 25
$0.12
Q2 25
$0.16
Q1 25
$0.12
Q4 24
$0.20
Q3 24
$0.14
Q2 24
$0.13
Q1 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
WTTR
WTTR
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$18.1M
$196.1M
Total DebtLower is stronger
$320.0M
$79.1M
Stockholders' EquityBook value
$805.6M
$1.5B
Total Assets
$1.6B
$2.3B
Debt / EquityLower = less leverage
0.40×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WTTR
WTTR
XPRO
XPRO
Q4 25
$18.1M
$196.1M
Q3 25
$17.8M
$197.9M
Q2 25
$51.2M
$206.8M
Q1 25
$27.9M
$179.3M
Q4 24
$20.0M
$183.0M
Q3 24
$10.9M
$165.7M
Q2 24
$16.4M
$133.5M
Q1 24
$12.8M
$163.2M
Total Debt
WTTR
WTTR
XPRO
XPRO
Q4 25
$320.0M
$79.1M
Q3 25
$305.0M
$99.1M
Q2 25
$275.0M
$121.1M
Q1 25
$250.0M
$121.1M
Q4 24
$85.0M
$121.1M
Q3 24
$80.0M
$121.1M
Q2 24
$90.0M
$121.1M
Q1 24
$75.0M
$40.0M
Stockholders' Equity
WTTR
WTTR
XPRO
XPRO
Q4 25
$805.6M
$1.5B
Q3 25
$808.1M
$1.5B
Q2 25
$799.3M
$1.5B
Q1 25
$793.1M
$1.5B
Q4 24
$793.5M
$1.5B
Q3 24
$796.5M
$1.5B
Q2 24
$782.0M
$1.5B
Q1 24
$770.0M
$1.3B
Total Assets
WTTR
WTTR
XPRO
XPRO
Q4 25
$1.6B
$2.3B
Q3 25
$1.6B
$2.3B
Q2 25
$1.5B
$2.3B
Q1 25
$1.5B
$2.3B
Q4 24
$1.4B
$2.3B
Q3 24
$1.3B
$2.3B
Q2 24
$1.3B
$2.3B
Q1 24
$1.3B
$2.0B
Debt / Equity
WTTR
WTTR
XPRO
XPRO
Q4 25
0.40×
0.05×
Q3 25
0.38×
0.07×
Q2 25
0.34×
0.08×
Q1 25
0.32×
0.08×
Q4 24
0.11×
0.08×
Q3 24
0.10×
0.08×
Q2 24
0.12×
0.08×
Q1 24
0.10×
0.03×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
WTTR
WTTR
XPRO
XPRO
Operating Cash FlowLast quarter
$65.5M
$57.1M
Free Cash FlowOCF − Capex
$-6.0M
$23.2M
FCF MarginFCF / Revenue
-1.7%
6.1%
Capex IntensityCapex / Revenue
20.6%
8.9%
Cash ConversionOCF / Net Profit
9.89×
TTM Free Cash FlowTrailing 4 quarters
$-79.9M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WTTR
WTTR
XPRO
XPRO
Q4 25
$65.5M
$57.1M
Q3 25
$71.7M
$63.2M
Q2 25
$82.6M
$48.4M
Q1 25
$-5.1M
$41.5M
Q4 24
$67.8M
$97.4M
Q3 24
$51.9M
$55.3M
Q2 24
$83.1M
$-13.2M
Q1 24
$32.1M
$29.9M
Free Cash Flow
WTTR
WTTR
XPRO
XPRO
Q4 25
$-6.0M
$23.2M
Q3 25
$-23.5M
$39.0M
Q2 25
$3.2M
$27.2M
Q1 25
$-53.5M
$8.4M
Q4 24
$12.7M
$53.0M
Q3 24
$16.7M
$23.3M
Q2 24
$34.0M
$-49.5M
Q1 24
$-1.6M
$-801.0K
FCF Margin
WTTR
WTTR
XPRO
XPRO
Q4 25
-1.7%
6.1%
Q3 25
-7.3%
9.5%
Q2 25
0.9%
6.4%
Q1 25
-14.3%
2.1%
Q4 24
3.6%
12.1%
Q3 24
4.5%
5.5%
Q2 24
9.3%
-10.5%
Q1 24
-0.4%
-0.2%
Capex Intensity
WTTR
WTTR
XPRO
XPRO
Q4 25
20.6%
8.9%
Q3 25
29.6%
5.9%
Q2 25
21.8%
5.0%
Q1 25
12.9%
8.5%
Q4 24
15.8%
10.2%
Q3 24
9.5%
7.6%
Q2 24
13.5%
7.7%
Q1 24
9.2%
8.0%
Cash Conversion
WTTR
WTTR
XPRO
XPRO
Q4 25
9.89×
Q3 25
26.72×
4.52×
Q2 25
7.76×
2.69×
Q1 25
-0.61×
2.98×
Q4 24
4.23×
Q3 24
3.29×
3.40×
Q2 24
6.46×
-0.86×
Q1 24
8.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

WTTR
WTTR

Water Services$178.3M51%
Marcellus Utica$38.6M11%
Rockies$38.3M11%
Eagle Ford$28.2M8%
Midcon$23.0M7%
Haynesville E.Texas$19.1M6%
Bakken$17.3M5%
Eliminations And Other Geographical Regions$3.6M1%

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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