- Chemical Technologies segment revenues declined about 11% sequentially but exceeded margin guidance with 17.5% gross margin before D&A.
- Consolidated adjusted EBITDA was $73 million in Q2, above the high end of prior guidance.
- Select Water Solutions increased net income by 22% and adjusted EBITDA by 13% in Q2 2025.
- SG&A increased to $39 million (just under 11% of revenue), partly due to Peak carve-out costs.
- Water Infrastructure segment revenues grew 12% with a 55% gross margin before D&A, up 1.5 percentage points sequentially.
- Water Services segment revenues decreased approximately 4% sequentially, with gross margins holding steady around 20%.
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Dafinchi