SOLV Energy, Inc.
MWHNasdaqCIK 2065636IndustrialsFiscal year ends Dec 31
Latest reported revenue, Q2 FY2026$951.2mRevenue, Q2 FY2026, three months to 2026-06-30$951.2m. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figureThree months to Jun 30, 2026, from the 10-Q filed Aug 14, 2026.Latest quarter: Q2 FY2026
Three months to Jun 30, 2026, against the same quarter a year earlier.
- Revenue$951.2mRevenue, Q2 FY2026, three months to 2026-06-30$951.2m. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure+77.5% on a year earlier - Gross margin14.7%Gross margin, Q2 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $139.6m. XBRL concept
us-gaap:GrossProfit. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $951.2m. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure−6.4 pts on a year earlier - Operating margin7.3%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $69.7m. XBRL concept
us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $951.2m. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure−3.5 pts on a year earlier - Net margin3.9%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $37.0m. XBRL concept
us-gaap:NetIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $951.2m. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure−4.4 pts on a year earlier - Diluted EPS$0.30Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.30 per share. XBRL concept
us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figureNo year-earlier figure to compare - Free cash flow$26.3mFree cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $31.8m. XBRL concept
us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Capital expenditure: $5.5m. XBRL conceptus-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Report this figure−6.6% on a year earlier
Last eight quarters
Full statements| Line item | Unit | period not labelled2025-03-31 | period not labelled2025-06-30 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 | Shape over the periods |
|---|---|---|---|---|---|---|
| Revenue | $m | 408Revenue, period not labelled, three months to 2025-03-31$407.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 536Revenue, period not labelled, three months to 2025-06-30$536.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | 677Revenue, Q1 FY2026, three months to 2026-03-31$676.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 951Revenue, Q2 FY2026, three months to 2026-06-30$951.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | |
| Gross margin | % | 14.5%Gross margin, period not labelled, three months to 2025-03-31. gross profit / revenueGross profit: $59.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Revenue: $407.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 21.1%Gross margin, period not labelled, three months to 2025-06-30. gross profit / revenueGross profit: $113.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $536.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | 17.6%Gross margin, Q1 FY2026, three months to 2026-03-31. gross profit / revenueGross profit: $119.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Revenue: $676.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 14.7%Gross margin, Q2 FY2026, three months to 2026-06-30. gross profit / revenueGross profit: $139.6m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $951.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | |
| Operating margin | % | 2.3%Operating margin, period not labelled, three months to 2025-03-31. operating income / revenueOperating income: $9.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Revenue: $407.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 10.8%Operating margin, period not labelled, three months to 2025-06-30. operating income / revenueOperating income: $58.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $536.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | (1.1%)Operating margin, Q1 FY2026, three months to 2026-03-31. operating income / revenueOperating income: −$7.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Revenue: $676.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 7.3%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $69.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $951.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | |
| Net margin | % | (0.2%)Net margin, period not labelled, three months to 2025-03-31. net income / revenueNet income: −$714.0k. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Revenue: $407.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 8.3%Net margin, period not labelled, three months to 2025-06-30. net income / revenueNet income: $44.3m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $536.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | (3.5%)Net margin, Q1 FY2026, three months to 2026-03-31. net income / revenueNet income: −$23.4m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Revenue: $676.8m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 3.9%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $37.0m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Revenue: $951.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | |
| Diluted EPS | $ per share | not reported (Diluted EPS not reported) | not reported (Diluted EPS not reported) | (0.20)Diluted EPS, Q1 FY2026, three months to 2026-03-31−$0.20 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 0.30Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.30 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure | |
| Free cash flow | $m | 17.4Free cash flow, period not labelled, three months to 2025-03-31. operating cash flow − capital expenditureOperating cash flow: $20.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Capital expenditure: $2.8m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 28.1Free cash flow, period not labelled, three months to 2025-06-30. operating cash flow − capital expenditureOperating cash flow: $30.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Capital expenditure: $2.5m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Report this figure | 3.8Free cash flow, Q1 FY2026, three months to 2026-03-31. operating cash flow − capital expenditureOperating cash flow: $14.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Capital expenditure: $10.4m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure | 26.3Free cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $31.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Capital expenditure: $5.5m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | Shape over the periods |
|---|---|---|
| Revenue | $ | |
| Gross margin | % | |
| Operating margin | % | |
| Net margin | % | |
| Diluted EPS | $ per share | |
| Free cash flow | $ |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| AMERICAN SECURITIES LLC | 2026-06-30 | $2.82bn | 82,920,401 | Reduced−8,853,170 | |
| BlackRock, Inc. | 2026-06-30 | $94.4m | 2,772,967 | Added+2,126,024 | |
| Robeco Schweiz AG | 2026-06-30 | $89.9m | 2,641,405 | Added+1,636,501 | |
| Driehaus Capital Management LLC | 2026-06-30 | $81.0m | 2,378,054 | Added+1,107,548 | |
| FRED ALGER MANAGEMENT, LLC | 2026-06-30 | $77.4m | 2,272,871 | New+2,272,871 | |
| VANGUARD CAPITAL MANAGEMENT LLC | 2026-06-30 | $55.1m | 1,617,598 | Added+650,258 | |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2026-06-30 | $51.8m | 1,520,337 | Added+685,454 | |
| Balyasny Asset Management L.P. | 2026-06-30 | $50.1m | 1,472,078 | Added+874,927 | |
| JENNISON ASSOCIATES LLC | 2026-06-30 | $39.8m | 1,168,757 | Added+303,934 | |
| TWO SIGMA INVESTMENTS, LP | 2026-06-30 | $35.3m | 1,035,722 | Added+780,778 |
Recent filings
All 110 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-08-1416:35 ET | 10-Q | Quarterly reportPeriod 2026-06-30 | 0001193125-26-352447 |
| 2026-08-1307:09 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-347858 |
| 2026-05-2616:20 ET | S-1 | Registration statement | 0001193125-26-239368 |
| 2026-05-1320:48 ET | 10-Q | Quarterly reportPeriod 2026-03-31 | 0001193125-26-220257 |
| 2026-05-1207:08 ET | 8-K | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-218154 |
| 2026-03-2621:48 ET | 10-K/A | Annual report, amendedPeriod 2025-12-31 | 0001193125-26-124739 |
| 2026-03-2516:10 ET | 10-K | Annual reportPeriod 2025-12-31 | 0001193125-26-124117 |
| 2026-03-1907:12 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-115127 |
| 2026-02-1216:24 ET | 8-K | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 3.03 Change to security holders’ rights; 5.02 Departure or appointment of officers or directors; 5.03 Amendment to articles or bylaws; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-048814 |
| 2026-01-3014:19 ET | S-1/A | Registration statement, amended | 0001193125-26-031520 |
Latest annual report
Form 10-K for the fiscal year ended Dec 31, 2025Filed Mar 25, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by [object Promise].Forecast this quarter
About the filer
- CIK
- 2065636
- Tickers
- MWH
- Exchange
- Nasdaq
- SIC code
- 1600 Heavy Construction Other Than Bldg Const - Contractors
- Sector
- Industrials
- Fiscal year ends
- Dec 31
- Incorporated in
- DE
- Filer category
- Non-accelerated filer
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:51 ET. Listed shows no prices and gives no investment advice.