Listed

SOLV Energy, Inc.

MWHNasdaqCIK 2065636IndustrialsFiscal year ends Dec 31

Share

Share this page

Story card, 1080 × 1920

Standardized line items from XBRL company facts, the last twelve quarters. Negative values are in parentheses. A figure marked d is derived from year-to-date figures.

Income statement

Revenue$951.2m, Q2 FY2026
Operating income$69.7m, Q2 FY2026
Net income$37.0m, Q2 FY2026
Line itemUnitperiod not labelled2025-03-31period not labelled2025-06-30Q1 FY20262026-03-31Q2 FY20262026-06-30
Revenue$m408Revenue, 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 figure536Revenue, 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 figure677Revenue, 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 figure951Revenue, Q2 FY2026, three months to 2026-06-30$951.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Cost of revenue$m349Cost of revenue, period not labelled, three months to 2025-03-31$348.7m. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure423Cost of revenue, period not labelled, three months to 2025-06-30$422.9m. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure558Cost of revenue, Q1 FY2026, three months to 2026-03-31$557.7m. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure812Cost of revenue, Q2 FY2026, three months to 2026-06-30$811.6m. XBRL concept us-gaap:CostOfRevenue. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Gross profit$m59.1Gross profit, period not labelled, three months to 2025-03-31$59.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure113Gross profit, period not labelled, three months to 2025-06-30$113.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure119Gross profit, Q1 FY2026, three months to 2026-03-31$119.1m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure140Gross profit, Q2 FY2026, three months to 2026-06-30$139.6m. XBRL concept us-gaap:GrossProfit. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Selling, general and administrative$m36.1Selling, general and administrative, period not labelled, three months to 2025-03-31$36.1m. XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure41.2Selling, general and administrative, period not labelled, three months to 2025-06-30$41.2m. XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure111Selling, general and administrative, Q1 FY2026, three months to 2026-03-31$111.4m. XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure52.6Selling, general and administrative, Q2 FY2026, three months to 2026-06-30$52.6m. XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Operating income$m9.3Operating income, period not labelled, three months to 2025-03-31$9.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure58.1Operating income, period not labelled, three months to 2025-06-30$58.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure(7.2)Operating income, Q1 FY2026, three months to 2026-03-31−$7.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure69.7Operating income, Q2 FY2026, three months to 2026-06-30$69.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Interest expense$m12.7Interest expense, period not labelled, three months to 2025-03-31$12.7m. XBRL concept us-gaap:InterestExpenseNonoperating. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure14.1Interest expense, period not labelled, three months to 2025-06-30$14.1m. XBRL concept us-gaap:InterestExpenseNonoperating. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure6.9Interest expense, Q1 FY2026, three months to 2026-03-31$6.9m. XBRL concept us-gaap:InterestExpenseNonoperating. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure1.4Interest expense, Q2 FY2026, three months to 2026-06-30$1.4m. XBRL concept us-gaap:InterestExpenseNonoperating. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Income tax$m0.3Income tax, period not labelled, three months to 2025-03-31$262.0k. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure1.0Income tax, period not labelled, three months to 2025-06-30$1.0m. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure4.2Income tax, Q1 FY2026, three months to 2026-03-31$4.2m. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure5.8Income tax, Q2 FY2026, three months to 2026-06-30$5.8m. XBRL concept us-gaap:IncomeTaxExpenseBenefit. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Net income$m(0.7)Net income, period not labelled, three months to 2025-03-31−$714.0k. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure44.3Net income, period not labelled, three months to 2025-06-30$44.3m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure(23.4)Net income, Q1 FY2026, three months to 2026-03-31−$23.4m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure37.0Net income, Q2 FY2026, three months to 2026-06-30$37.0m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Diluted EPS$ per sharenot reportednot 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 figure0.30Diluted EPS, Q2 FY2026, three months to 2026-06-30$0.30 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Basic EPS$ per sharenot reportednot reported(0.20)Basic EPS, Q1 FY2026, three months to 2026-03-31−$0.20 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure0.31Basic EPS, Q2 FY2026, three months to 2026-06-30$0.31 per share. XBRL concept us-gaap:EarningsPerShareBasic. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure

Balance sheet

Cash and equivalents$364.0m, Q2 FY2026
Long-term debt$0, Q2 FY2026
Shareholders' equity$496.8m, Q2 FY2026
Line itemUnitperiod not labelled2025-12-31Q1 FY20262026-03-31Q2 FY20262026-06-30
Cash and equivalents$m395Cash and equivalents, period not labelled, at 2025-12-31$394.9m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure385Cash and equivalents, Q1 FY2026, at 2026-03-31$384.9m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure364Cash and equivalents, Q2 FY2026, at 2026-06-30$364.0m. XBRL concept us-gaap:CashAndCashEquivalentsAtCarryingValue. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Current assets$m899Current assets, period not labelled, at 2025-12-31$899.3m. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure947Current assets, Q1 FY2026, at 2026-03-31$946.6m. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure1,052Current assets, Q2 FY2026, at 2026-06-30$1.05bn. XBRL concept us-gaap:AssetsCurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Total assets$m1,816Total assets, period not labelled, at 2025-12-31$1.82bn. XBRL concept us-gaap:Assets. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure1,957Total assets, Q1 FY2026, at 2026-03-31$1.96bn. XBRL concept us-gaap:Assets. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure2,130Total assets, Q2 FY2026, at 2026-06-30$2.13bn. XBRL concept us-gaap:Assets. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Current liabilities$m893Current liabilities, period not labelled, at 2025-12-31$892.8m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure892Current liabilities, Q1 FY2026, at 2026-03-31$892.3m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure962Current liabilities, Q2 FY2026, at 2026-06-30$961.6m. XBRL concept us-gaap:LiabilitiesCurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Total liabilities$m1,361Total liabilities, period not labelled, at 2025-12-31$1.36bn. XBRL concept us-gaap:Liabilities. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure1,145Total liabilities, Q1 FY2026, at 2026-03-31$1.15bn. XBRL concept us-gaap:Liabilities. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure1,279Total liabilities, Q2 FY2026, at 2026-06-30$1.28bn. XBRL concept us-gaap:Liabilities. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Long-term debt$m392Long-term debt, period not labelled, at 2025-12-31$392.0m. XBRL concept us-gaap:LongTermDebtNoncurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure0.0Long-term debt, Q1 FY2026, at 2026-03-31$0. XBRL concept us-gaap:LongTermDebtNoncurrent. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure0.0Long-term debt, Q2 FY2026, at 2026-06-30$0. XBRL concept us-gaap:LongTermDebtNoncurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Current portion of debt$m2.5Current portion of debt, period not labelled, at 2025-12-31$2.5m. XBRL concept us-gaap:LongTermDebtCurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure0.0Current portion of debt, Q1 FY2026, at 2026-03-31$0. XBRL concept us-gaap:LongTermDebtCurrent. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure0.0Current portion of debt, Q2 FY2026, at 2026-06-30$0. XBRL concept us-gaap:LongTermDebtCurrent. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure
Shareholders' equity$m(98.1)Shareholders' equity, period not labelled, at 2025-12-31−$98.1m. XBRL concept us-gaap:StockholdersEquity. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure433Shareholders' equity, Q1 FY2026, at 2026-03-31$432.5m. XBRL concept us-gaap:StockholdersEquity. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure497Shareholders' equity, Q2 FY2026, at 2026-06-30$496.8m. XBRL concept us-gaap:StockholdersEquity. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure

Cash flow

Operating cash flow$31.8m, Q2 FY2026
Capital expenditure$5.5m, Q2 FY2026
Line itemUnitperiod not labelled2025-03-31period not labelled2025-06-30Q1 FY20262026-03-31Q2 FY20262026-06-30
Operating cash flow$m20.2Operating cash flow, period not labelled, three months to 2025-03-31$20.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure30.7Operating cash flow, period not labelled, three months to 2025-06-30$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.Report this figure14.2Operating cash flow, Q1 FY2026, three months to 2026-03-31$14.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure31.8Operating cash flow, Q2 FY2026, three months to 2026-06-30$31.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Report this figure
Capital expenditure$m2.8Capital expenditure, period not labelled, three months to 2025-03-31$2.8m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure2.5Capital expenditure, period not labelled, three months to 2025-06-30$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 figure10.4Capital expenditure, Q1 FY2026, three months to 2026-03-31$10.4m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure5.5Capital expenditure, Q2 FY2026, three months to 2026-06-30$5.5m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Report this figure
Dividends paid$m47.8Dividends paid, period not labelled, three months to 2025-03-31$47.8m. XBRL concept us-gaap:PaymentsOfDividendsCommonStock. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure24.0Dividends paid, period not labelled, three months to 2025-06-30$24.0m. XBRL concept us-gaap:PaymentsOfDividendsCommonStock. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Report this figure145Dividends paid, Q1 FY2026, three months to 2026-03-31$144.8m. XBRL concept us-gaap:PaymentsOfDividendsCommonStock. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure39.6Dividends paid, Q2 FY2026, three months to 2026-06-30$39.6m. XBRL concept us-gaap:PaymentsOfDividendsCommonStock. 10-Q filed 2026-08-14, accession 0001193125-26-352447. Derived: 6-month figure less the 3-month figure.Report this figure

Shares

Diluted shares (weighted)201.68m, Q2 FY2026
Line itemUnitQ1 FY20262026-03-31Q2 FY20262026-06-30
Diluted shares (weighted)m shares115Diluted shares (weighted), Q1 FY2026, three months to 2026-03-31115,348,571 shares. XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding. 10-Q filed 2026-05-13, accession 0001193125-26-220257.Report this figure202Diluted shares (weighted), Q2 FY2026, three months to 2026-06-30201,682,563 shares. XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding. 10-Q filed 2026-08-14, accession 0001193125-26-352447.Report this figure

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:51 ET. Listed shows no prices and gives no investment advice.