Solaris Energy Infrastructure Inc-A 2025年度报告

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months(or for such shorter period that the registrant was required to submit such files). Yes_No† Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,”“accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.† Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-OxleyAct (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report._ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recoveryperiod pursuant to §240.10D-1(b).† As of February 19, 2026, the registrant had 53,115,995 shares of Class A common stock, $0.01 par value per share, and 15,350,605 shares of Class B common stock, $0.00 par value per share, outstanding.DOCUMENTS INCORPORATED BY REFERENCE Portions of the definitive proxy statement relating to the Registrant’s 2026 Annual Meeting of Shareholders, which will be filed with the U.S. Securities and Exchange Commission within 120 days of December 31, 2025, areincorporated by reference into Part III of this Annual Report on Form 10-K. SOLARIS ENERGY INFRASTRUCTURE, INC.TABLE OF CONTENTS Cautionary Statement Regarding Forward-Looking StatementsRisk Factors Summary PART I Item 1.BusinessItem 1A.Risk FactorsItem 1B.Unresolved Staff CommentsItem 1C.CybersecurityItem 2.PropertiesItem 3.Legal ProceedingsItem 4.Mine Safety Disclosures PART II Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity SecuritiesItem 6.ReservedItem 7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 7A.Quantitative and Qualitative Disclosures about Market RiskItem 8.Financial Statements and Supplementary DataItem 9.Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A.Controls and ProceduresItem 9B.Other InformationItem 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections PART III Item 10.Directors, Executive Officers and Corporate GovernanceItem 11.Executive CompensationItem 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13.Certain Relationships and Related Transactions, and Director IndependenceItem 14.Principal Accountant Fees and Services PART IV Item 15.Exhibits and Financial Statement SchedulesItem 16.Form 10-K Summary CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K (this “Annual Report”) includes “forward-looking statements” within the meaning of Section 27A of the Securities Actof 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which involve risks,uncertainties and assumptions. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include the words“believe,” “expect,” “anticipate,” “intend,” “estimate,” “could,” “may,” “continue,” “predict,” “potential,” “plan,” “will,” “should” and other expressions thatare predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. Our forward-lookingstatements include statements about our business strategy, our industry, our future profitability, our expected capital expenditures and the impact of suchexpenditures on our performance, management changes, current and potential future long-term contracts, the costs of being a publicly traded corporation, ourcapital programs and our future business and financial performance. In addition, our forward-looking statements address the various risks and uncertaintiesassociated with extraordinary market environments, and the expected impact on our businesses, results of operations, and earnings. A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. We believe that we havechosen these assumptions or bases in good faith and that they are reasonable. You a