WBI (WBI) Financials

$31.00 -0.17 (-0.53%)

Closing price 05/22/2026 03:59 PM Eastern

Extended Trading

$31.15 +0.15 (+0.50%)

As of 05/22/2026 04:14 PM Eastern

Annual Income Statements for WBI

This table shows WBI's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-108	-531	0.01
Consolidated Net Income / (Loss)	15	0.00	0.01
Net Income / (Loss) Continuing Operations	-108	-531	0.01
Total Pre-Tax Income	15	-73	-1.06
Total Operating Income	40	112	79
Total Gross Profit	-71	-466	142
Total Revenue	201	0.00	526
Operating Revenue	201	-	526
Total Cost of Revenue	272	466	383
Operating Cost of Revenue	272	466	383
Total Operating Expenses	15	68	63
Selling, General & Admin Expense	15	68	47
Other Operating Expenses / (Income)	0.02	-0.13	4.16
Other Special Charges / (Income)	0.10	-0.14	12
Total Other Income / (Expense), net	-21	2.86	-80
Interest Expense	26	0.00	80
Other Income / (Expense), net	5.07	2.86	0.43
Income Tax Expense	0.11	0.32	-1.07
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	0.00
Basic Earnings per Share	$0.00	$0.00	$0.00
Weighted Average Basic Shares Outstanding	0.00	0.00	0.00
Diluted Earnings per Share	$0.00	$0.00	$0.00
Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00
Weighted Average Basic & Diluted Shares Outstanding	-	-	123.46M

This table shows WBI's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q1 2025	Q3 2025	Q1 2026
Period end date	9/30/2024	3/31/2025	9/16/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-25	16	0.00	3.52
Consolidated Net Income / (Loss)	3.31	1.71	0.00	9.52
Net Income / (Loss) Continuing Operations	-25	16	0.00	9.52
Total Pre-Tax Income	3.42	1.79	0.00	11
Total Operating Income	19	16	0.00	30
Total Gross Profit	-1.75	35	0.00	48
Total Revenue	90	98	0.00	201
Operating Revenue	90	98	0.00	201
Total Cost of Revenue	92	63	0.00	153
Operating Cost of Revenue	92	-	0.00	153
Total Operating Expenses	8.10	19	0.00	18
Selling, General & Admin Expense	6.91	6.59	-	17
Other Operating Expenses / (Income)	1.09	1.01	0.00	1.00
Other Special Charges / (Income)	0.09	12	0.00	-0.07
Total Other Income / (Expense), net	-15	0.13	0.00	-20
Interest Expense	16	-	-	20
Other Income / (Expense), net	0.25	0.13	0.00	0.11
Income Tax Expense	0.11	0.08	0.00	1.06
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	0.00	6.01
Basic Earnings per Share	$0.00	$0.00	$0.00	$0.08
Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	43.89M
Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.08
Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	123.46M
Weighted Average Basic & Diluted Shares Outstanding	-	-	123.46M	123.46M

This table details how cash moves in and out of WBI's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-147	30	38
Net Cash From Operating Activities	48	137	160
Net Cash From Continuing Operating Activities	50	157	160
Net Income / (Loss) Continuing Operations	15	-74	0.01
Consolidated Net Income / (Loss)	15	-74	0.01
Depreciation Expense	48	198	141
Amortization Expense	2.65	22	6.19
Non-Cash Adjustments To Reconcile Net Income	-5.28	18	29
Changes in Operating Assets and Liabilities, net	-11	-8.27	-17
Net Cash From Investing Activities	-171	-343	-219
Net Cash From Continuing Investing Activities	-171	-343	-219
Purchase of Property, Plant & Equipment	-148	-181	-279
Acquisitions	-25	-167	40
Sale of Property, Plant & Equipment	2.03	4.93	20
Net Cash From Financing Activities	129	216	97
Net Cash From Continuing Financing Activities	-25	218	97
Repayment of Debt	-30	-449	-1,877
Repurchase of Preferred Equity	-150	-	0.00
Repurchase of Common Equity	0.00	0.00	-8.26
Payment of Dividends	-0.77	-8.87	0.00
Issuance of Debt	150	676	1,505
Issuance of Common Equity	9.82	0.00	705
Other Financing Activities, net	-4.16	-0.90	-228

This table details how cash moves in and out of WBI's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q1 2025	Q4 2025	Q1 2026
Period end date	12/31/2024	3/31/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	60	14	-295	-0.88
Net Cash From Operating Activities	72	43	88	95
Net Cash From Continuing Operating Activities	92	43	88	95
Net Income / (Loss) Continuing Operations	-76	1.71	-14	9.52
Consolidated Net Income / (Loss)	-76	1.71	-14	9.52
Depreciation Expense	141	21	69	69
Amortization Expense	16	1.53	1.44	1.48
Non-Cash Adjustments To Reconcile Net Income	11	12	15	2.85
Changes in Operating Assets and Liabilities, net	-0.04	6.91	17	12
Net Cash From Investing Activities	-52	-26	-89	-110
Net Cash From Continuing Investing Activities	-52	-26	-89	-110
Purchase of Property, Plant & Equipment	-53	-46	-89	-111
Acquisitions	-0.68	-0.01	-	0.00
Sale of Property, Plant & Equipment	2.43	19	0.12	1.24
Net Cash From Financing Activities	-12	-2.83	-294	14
Net Cash From Continuing Financing Activities	21	-2.50	-294	14
Repayment of Debt	-46	-2.40	-1,738	-4.51
Repurchase of Common Equity	-	-0.10	-5.94	-0.54
Payment of Dividends	-4.43	0.00	-	-6.22
Issuance of Debt	71	0.00	1,450	25
Other Financing Activities, net	-	0.00	-0.00	-0.01

This table presents WBI's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2025
Period end date	12/31/2024	12/31/2025
Total Assets	2,940	3,700
Total Current Assets	246	261
Cash & Equivalents	61	52
Accounts Receivable	171	195
Prepaid Expenses	14	15
Plant, Property, & Equipment, net	2,328	2,286
Total Noncurrent Assets	366	1,153
Goodwill	178	53
Intangible Assets	144	936
Noncurrent Deferred & Refundable Income Taxes	0.00	132
Other Noncurrent Operating Assets	44	33
Total Liabilities & Shareholders' Equity	2,940	3,700
Total Liabilities	1,881	1,852
Total Current Liabilities	159	189
Short-Term Debt	34	13
Accounts Payable	33	45
Accrued Expenses	76	130
Other Current Liabilities	2.03	1.69
Total Noncurrent Liabilities	1,722	1,663
Long-Term Debt	1,688	1,432
Noncurrent Deferred & Payable Income Tax Liabilities	-	201
Other Noncurrent Operating Liabilities	34	30
Commitments & Contingencies	0.00	0.00
Total Equity & Noncontrolling Interests	0.00	1,848
Total Preferred & Common Equity	0.00	602
Total Common Equity	0.00	602
Common Stock	0.00	607
Retained Earnings	0.00	-4.54
Noncontrolling Interest	0.00	1,245

This table presents WBI's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2025	Q1 2026
Period end date	9/30/2025	3/31/2026
Total Assets	3,939	3,752
Total Current Assets	555	259
Cash & Equivalents	347	51
Accounts Receivable	191	196
Prepaid Expenses	17	12
Plant, Property, & Equipment, net	2,201	2,353
Total Noncurrent Assets	1,183	1,140
Goodwill	52	53
Intangible Assets	968	912
Noncurrent Deferred & Refundable Income Taxes	134	142
Other Noncurrent Operating Assets	29	32
Total Liabilities & Shareholders' Equity	3,939	3,752
Total Liabilities	2,079	1,905
Total Current Liabilities	165	199
Short-Term Debt	33	9.11
Accounts Payable	48	61
Accrued Expenses	82	125
Other Current Liabilities	1.78	4.40
Total Noncurrent Liabilities	1,914	1,705
Long-Term Debt	1,682	1,457
Noncurrent Deferred & Payable Income Tax Liabilities	202	217
Other Noncurrent Operating Liabilities	30	31
Commitments & Contingencies	0.00	0.00
Total Equity & Noncontrolling Interests	1,860	1,848
Total Preferred & Common Equity	608	657
Total Common Equity	608	657
Common Stock	608	660
Retained Earnings	-0.67	-3.20
Noncontrolling Interest	1,252	1,191

This table displays calculated financial ratios and metrics derived from WBI's official financial filings.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	123,455,000.00
DEI Adjusted Shares Outstanding	0.00	0.00	123,455,000.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00
Growth Metrics	-	-	-
Profitability Metrics	-	-	-
Net Operating Profit after Tax (NOPAT)	40	78	55
Return On Investment Capital (ROIC_SIMPLE)	-	4.54%	1.68%
Earnings before Interest and Taxes (EBIT)	46	115	79
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	97	335	226
Valuation Ratios	-	-	-
Leverage & Solvency	-	-	-
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-2,655	-452
Efficiency Ratios	-	-	-
Capital & Investment Metrics	-	-	-
Invested Capital	0.00	2,733	3,240
Increase / (Decrease) in Invested Capital	0.00	2,733	507
Book Value per Share	$0.00	$0.00	$4.88
Tangible Book Value per Share	$0.00	($10.17)	($3.13)
Total Capital	0.00	2,109	3,292
Total Debt	0.00	1,722	1,444
Total Long-Term Debt	0.00	1,688	1,432
Net Debt	0.00	1,660	1,393
Capital Expenditures (CapEx)	146	176	259
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	60	33
Debt-free Net Working Capital (DFNWC)	0.00	121	85
Net Working Capital (NWC)	0.00	87	72
Net Nonoperating Expense (NNE)	26	78	55
Net Nonoperating Obligations (NNO)	0.00	2,346	1,393
Total Depreciation and Amortization (D&A)	51	221	147
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	123.46M
Normalized Net Operating Profit after Tax (NOPAT)	40	78	64
Debt Service Ratios	-	-	-
Payout Ratios	-	-	-

This table displays calculated financial ratios and metrics derived from WBI's official financial filings.

Metric	Q3 2024	Q1 2025	Q3 2025	Q1 2026
Period end date	9/30/2024	3/31/2025	9/16/2025	3/31/2026
DEI Shares Outstanding	0.00	0.00	0.00	123,455,000.00
DEI Adjusted Shares Outstanding	0.00	0.00	0.00	123,455,000.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00	0.03
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	0.00%	37.24%	105.27%
EBITDA Growth	0.00%	0.00%	24.30%	162.95%
EBIT Growth	0.00%	0.00%	24.30%	92.89%
NOPAT Growth	0.00%	0.00%	40.96%	82.53%
Net Income Growth	0.00%	0.00%	23.72%	456.46%
EPS Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	120.08%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	-40.14%	0.00%	7.85%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	-1.95%	35.67%	28.39%	23.98%
EBITDA Margin	21.25%	39.23%	19.25%	50.25%
Operating Margin	20.98%	16.05%	19.22%	15.15%
EBIT Margin	21.25%	16.19%	19.25%	15.21%
Profit (Net Income) Margin	3.68%	1.75%	3.32%	4.74%
Tax Burden Percent	96.67%	95.59%	93.14%	90.02%
Interest Burden Percent	17.91%	11.30%	18.50%	34.60%
Effective Tax Rate	3.33%	4.41%	-8.34%	9.98%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	5.26%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	2.73%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	2.09%
Return on Equity (ROE)	0.00%	0.00%	0.00%	7.34%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	2.55%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.79%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	2.61%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	18	15	0.00	27
NOPAT Margin	20.28%	15.34%	20.83%	13.64%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	3.15%	2.53%
Return On Investment Capital (ROIC_SIMPLE)	-	-	0.00%	0.83%
Cost of Revenue to Revenue	101.95%	64.33%	71.61%	76.02%
SG&A Expenses to Revenue	7.70%	6.73%	7.31%	8.36%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.02%	19.62%	9.17%	8.82%
Earnings before Interest and Taxes (EBIT)	19	16	0.00	31
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	19	38	0.00	101
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	1.80	5.04
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	5.26
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.19%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.15	1.81
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	9.41
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	20.47
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	62.91
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	62.47
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	27.95
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.00	0.92	0.79
Long-Term Debt to Equity	0.00	0.00	0.90	0.79
Financial Leverage	0.00	0.00	0.74	0.77
Leverage Ratio	0.00	0.00	2.12	2.03
Compound Leverage Factor	0.00	0.00	0.39	0.70
Debt to Total Capital	0.00%	0.00%	47.98%	44.25%
Short-Term Debt to Total Capital	0.00%	0.00%	0.93%	0.27%
Long-Term Debt to Total Capital	0.00%	0.00%	47.05%	43.97%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	35.03%	35.94%
Common Equity to Total Capital	0.00%	0.00%	17.00%	19.81%
Debt to EBITDA	0.00	0.00	0.00	5.07
Net Debt to EBITDA	0.00	0.00	0.00	4.90
Long-Term Debt to EBITDA	0.00	0.00	0.00	5.04
Debt to NOPAT	0.00	0.00	0.00	15.49
Net Debt to NOPAT	0.00	0.00	0.00	14.95
Long-Term Debt to NOPAT	0.00	0.00	0.00	15.39
Altman Z-Score	0.00	0.00	0.00	1.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	64.47%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	0.00	3.36	1.30
Quick Ratio	0.00	0.00	3.26	1.24
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	-3,229	-3,236
Operating Cash Flow to CapEx	0.00%	165.81%	0.00%	86.70%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-165.67	-161.88
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	4.76
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	-0.73
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.17
Accounts Receivable Turnover	0.00	0.00	0.00	3.20
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.27
Accounts Payable Turnover	0.00	0.00	0.00	7.76
Days Sales Outstanding (DSO)	0.00	0.00	0.00	114.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	47.06
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	66.94
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	0.00	3,229	3,264
Invested Capital Turnover	0.00	0.00	0.00	0.39
Increase / (Decrease) in Invested Capital	0.00	0.00	3,229	3,264
Enterprise Value (EV)	0.00	0.00	3,712	5,914
Market Capitalization	634	634	1,091	3,307
Book Value per Share	$0.00	$0.00	$4.92	$5.32
Tangible Book Value per Share	$0.00	$0.00	($3.34)	($2.50)
Total Capital	0.00	0.00	3,576	3,314
Total Debt	0.00	0.00	1,716	1,466
Total Long-Term Debt	0.00	0.00	1,682	1,457
Net Debt	0.00	0.00	1,369	1,416
Capital Expenditures (CapEx)	0.00	26	0.00	110
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	0.00	77	18
Debt-free Net Working Capital (DFNWC)	0.00	0.00	423	69
Net Working Capital (NWC)	0.00	0.00	390	60
Net Nonoperating Expense (NNE)	15	13	0.00	18
Net Nonoperating Obligations (NNO)	0.00	0.00	1,369	1,416
Total Depreciation and Amortization (D&A)	0.00	23	0.00	70
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	2.89%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	10.95%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	9.50%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.08
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	43.89M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.08
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	123.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	123.46M	123.46M
Normalized Net Operating Profit after Tax (NOPAT)	18	26	0.00	27
Normalized NOPAT Margin	20.38%	26.68%	13.54%	13.61%
Pre Tax Income Margin	3.81%	1.83%	3.56%	5.26%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	1.22	0.00	1.23	1.53
NOPAT to Interest Expense	1.16	0.00	1.33	1.37
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-3.96
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-4.12
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	79.51%
Augmented Payout Ratio	0.00%	0.00%	0.00%	190.82%

Financials Breakdown Chart

Key Financial Trends

Below is a concise, investor-focused synthesis of WaterBridge Infrastructure LLC (WBI) financials from the last four quarters available (2024 Q4 and 2025 Q3–Q4). The bullets are organized from most positive to most negative potential impacts on the stock.

Operating cash flow remained positive in the latest quarter, with Net Cash From Continuing Operating Activities of $88.18 million in Q4 2025, close to the $92.31 million in Q4 2024.
Liquidity was bolstered by a large debt issuance in Q4 2025: Issuance of Debt of $1.45 billion, which improved near-term liquidity despite subsequent financing outflows.
The balance sheet shows solid liquidity indicators, including Cash & Equivalents of about $346.65 million (Q3 2025) and Total Current Assets around $555.09 million.
Revenue data for the latest quarter shows zero operating revenue in Q3 2025 and zero total revenue in that same period, which may reflect missing data or an unusual quarter rather than immediate profitability concerns.
Asset base appears sizable, with Plant, Property & Equipment net around $2.20 billion and Total Assets near $3.94 billion as of Q3 2025, suggesting substantial capital intensity.
Net change in cash for Q4 2025 was -$295.11 million, indicating a significant quarterly cash outflow despite positive operating cash flow.
Net cash from financing activities in Q4 2025 was -$294.19 million, driven by large debt repayments outweighing new borrowing, signaling tightening liquidity over the quarter.
Consolidated net income for Q4 2025 was -$13.58 million, with continuing operations also negative, pointing to quarterly profitability pressure.
Debt repayments in Q4 2025 were substantial at -$1.74 billion, highlighting heavy debt service requirements and potential refinancing risk.
Net cash from continuing investing activities was -$89.09 million in Q4 2025, reflecting ongoing capital expenditures (PPE purchases of about $89.21 million) that reduced near-term liquidity.

05/26/26 06:29 AM ETAI Generated. May Contain Errors.

WBI Financials - Frequently Asked Questions

According to the most recent income statement we have on file, WBI's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

WBI's net income appears to be on a downward trend, with a most recent value of $9 thousand in 2025, falling from $14.67 million in 2023. The previous period was $0.00 in 2024. See where experts think WBI is headed by visiting WBI's forecast page.

WBI's total operating income in 2025 was $78.86 million, based on the following breakdown:

Total Gross Profit: $142.24 million
Total Operating Expenses: $63.38 million

Over the last 2 years, WBI's total revenue changed from $200.77 million in 2023 to $525.55 million in 2025, a change of 161.8%.

WBI's total liabilities were at $1.85 billion at the end of 2025, a 1.5% decrease from 2024, and a 1.5% decrease since 2024.

In the past 1 years, WBI's cash and equivalents has ranged from $51.54 million in 2025 to $61.17 million in 2024, and is currently $51.54 million as of their latest financial filing in 2025.

Over the last 2 years, WBI's book value per share changed from 0.00 in 2023 to 4.88 in 2025, a change of 487.9%.

Financial statements for NYSE:WBI last updated on 5/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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WBI (WBI) Financials

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WBI (WBI) Financials

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