# SOLARIS ENERGY INFRASTRUCTURE, INC. (SEI) · Edgar & Edgarette company card

> Solaris Energy Infrastructure (SEI) grew revenue 98.7% in FY2025 to $622 million, operating margin 21.8% against a 13.6% median for oil & gas field machinery & equipment, equity 26.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1697500 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/SEI) · [JSON](https://www.pops4.com/boards/company/SEI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $622M |
| Revenue growth, 1 year | 98.7% |
| Revenue growth per year | 40.6% |
| Operating margin | 21.8% (prior year 16.9%) |
| Net margin | 9.4% |
| Operating cash flow | $209M |
| Capital spending | $647M |
| Free cash flow | −$438M |
| Cash | $353M |
| Long-term debt | $184M |
| Total assets | $2.1B |
| Total equity | $564M |
| Equity ÷ assets | 26.3% |
| Return on equity | 10.3% |
| Dividend per share | $0.48 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 1.89 (grey zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Weathered boat · two warning signs · free cash flow was negative: capital spending outran operating cash (-$437.7M in FY2025); revenue is hard to predict: its 80% range is ±45%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $622.2M (FY2025), total debt $184.0M. Experience: revenue up 98.7% on the year, up 40.6% a year over 4 years; operating margin 21.8%, up from 16.9%. Soundness: equity 26.3% of assets, return on equity 10.3%, payout 37.3% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $608.0M and $1.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $474.4M to $2.1B. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, oil & gas field machinery & equipment): operating margin 21.8% against a 13.6% median; growth 98.7% against 3.4%.

Range logged 2026-09-24, receipt 6aaa28c554aecc45, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-02-17 ([filing](https://www.sec.gov/Archives/edgar/data/1697500/000119312526054550/0001193125-26-054550-index.htm))

## Recent filings

- 8-K · filed 2026-10-29 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1697500/000119312526437755/0001193125-26-437755-index.htm)
- 8-K · filed 2026-10-01 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1697500/000119312526410682/0001193125-26-410682-index.htm)
- 8-K · filed 2026-09-23 · 1.01 Entry into a Material Definitive Agreement; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1697500/000119312526399432/0001193125-26-399432-index.htm)
- 8-K · filed 2026-09-22 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1697500/000119312526397255/0001193125-26-397255-index.htm)
- 8-K · filed 2026-09-08 · 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.02 Unregistered Sales of Equity Securities; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1697500/000119312526385257/0001193125-26-385257-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1697500/000162828026054349/0001628280-26-054349-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001697500.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1697500

## Cite

POPS4, Edgar & Edgarette: SOLARIS ENERGY INFRASTRUCTURE, INC. (SEI) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/SEI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.