Flagship explainer

How WaterBridge Infrastructure LLC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$526M · 100%Cost of revenue$383M · 73%Gross profit$142M · 27%Operating income$78.9M · 15%Income before tax−$1.1M · −0%Income tax−$1.1M · −0%Net income$9000 · 0%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$526M100%
Cost of revenue$383M73%
$142M27%
$78.9M15%
Income before tax−$1.1M−0%
Income tax−$1.1M−0%
$90000%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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