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Waterbridge Infrastructure LLC Class A (WBI)
NYSE:WBI
US Market

Waterbridge Infrastructure LLC Class A (WBI) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Nov 12, 2025
After Close (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
0.21
Last Year’s EPS
Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 12, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
WaterBridge's first earnings call as a public company highlighted significant achievements such as a successful IPO and strong quarterly revenue growth. Despite reporting a net loss and facing regulatory challenges in New Mexico, the company demonstrated commercial momentum and a solid financial position, suggesting a generally positive outlook.
Company Guidance
During WaterBridge's Third Quarter 2025 Earnings Call, the company outlined several key financial metrics and strategic initiatives. The company reported a pro forma revenue of $205.5 million for the quarter, marking an 8% increase from the previous quarter, driven by a 7% increase in combined produced water handling volumes, which reached 2.5 million barrels per day. The pro forma net loss for the quarter was $18.7 million, while the pro forma adjusted EBITDA stood at $105.7 million, resulting in a 51% adjusted EBITDA margin. WaterBridge highlighted its strong liquidity position, ending the quarter with $547 million, including $347 million in cash and cash equivalents, and a new $500 million senior secured revolving credit facility. The company emphasized its strategic focus on scaling its water infrastructure in the Delaware Basin, leveraging its extensive pipeline network and produced water handling capacity. WaterBridge also discussed its successful IPO, which raised approximately $673 million, and its commitment to maintaining a conservative balance sheet with a long-term leverage target of less than 3x. Looking ahead, the company plans to provide 2026 guidance in its fourth-quarter earnings call.
Successful IPO and Public Market Entry
WaterBridge completed a successful IPO on September 18, 2025, which was significantly oversubscribed and priced at the high end of the range. This marked the largest energy sector IPO since 2019.
Strong Quarterly Performance
Pro forma revenue for the third quarter increased to $205.5 million, up 8% compared to last quarter, driven by increased volumes and rates.
Operational Achievements
Combined produced water handling volumes for the quarter were 2.5 million barrels per day, representing quarter-over-quarter growth of 7%.
Commercial Momentum
The company brought the bpx Kraken project online, featuring a 10-year minimum volume commitment, and announced the final investment decision for the Speedway pipeline project.
Solid Financial Position
WaterBridge ended the quarter with total liquidity of $547 million, including cash and cash equivalents of $347 million.

Waterbridge Infrastructure LLC Class A (WBI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

WBI Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Nov 12, 2025
2025 (Q3)
0.21 / -0.15
0.076-297.37% (-0.23)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

WBI Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 12, 2025
$25.47$24.67-3.14%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Waterbridge Infrastructure LLC Class A (WBI) report earnings?
Waterbridge Infrastructure LLC Class A (WBI) is schdueled to report earning on Nov 12, 2025, After Close (Confirmed).
    What is Waterbridge Infrastructure LLC Class A (WBI) earnings time?
    Waterbridge Infrastructure LLC Class A (WBI) earnings time is at Nov 12, 2025, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is WBI EPS forecast?
          WBI EPS forecast for the fiscal quarter 2025 (Q3) is 0.21.