Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations

v3.25.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Total Revenue $ 124,092 $ 101,117 $ 244,583 $ 204,523
Cost of Revenue        
Direct Operating Costs 58,227 40,194 108,415 79,840
Cost of Goods Sold 127   127  
Depreciation, Amortization and Accretion 19,972 19,707 39,728 39,128
Total Cost of Revenue 78,326 59,901 148,270 118,968
Operating Costs and Expenses        
Abandoned Well Costs 998 (25) 1,460 310
General and Administrative 17,699 16,037 37,709 30,538
Research and Development Expense 946 1,128 2,074 2,193
Other Operating (Income) Expense, Net (208) 157 904 737
Total Operating Expenses 19,435 17,297 42,147 33,778
Operating Income 26,331 23,919 54,166 51,777
Other Expense        
Interest Expense, Net 9,567 8,813 18,797 17,251
Other     2,535 1
Total Other Expense 9,567 8,813 21,332 17,252
Income Before Income Taxes 16,764 15,106 32,834 34,525
Income Tax Expense 2,680 1,994 2,750 4,583
Net Income 14,084 13,112 30,084 29,942
Net Income Attributable to Noncontrolling Interest 7,433 7,147 14,822 16,354
Net Income Attributable to Aris Water Solutions, Inc. $ 6,651 $ 5,965 $ 15,262 $ 13,588
Net Income Per Share of Class A Common Stock        
Basic (in dollars per share) $ 0.19 $ 0.18 $ 0.45 $ 0.41
Diluted (in dollars per share) $ 0.19 $ 0.18 $ 0.44 $ 0.41
Weighted Average Shares of Class A Common Stock Outstanding        
Basic (in shares) 32,702,834 30,549,092 32,048,183 30,451,553
Diluted (in shares) 33,494,725 30,589,997 32,880,189 30,472,005
Other Revenue        
Revenue        
Total Revenue $ 726 $ 440 $ 1,624 $ 969
Nonrelated Party | Produced Water Handling        
Revenue        
Total Revenue 62,243 54,815 119,549 113,921
Nonrelated Party | Water Solutions        
Revenue        
Total Revenue 19,397 13,795 40,053 25,497
Related Party        
Revenue        
Total Revenue 41,700 32,000 83,400 64,100
Related Party | Produced Water Handling        
Revenue        
Total Revenue 35,964 28,614 70,836 55,441
Related Party | Water Solutions        
Revenue        
Total Revenue $ 5,762 $ 3,453 $ 12,521 $ 8,695