# SOLV Energy, Inc.: financial statements, quarterly

MWH · Nasdaq · CIK 2065636 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/mwh.md) · [Financials](/companies/mwh/financials.md) · [Filings](/companies/mwh/filings.md) · [Insiders](/companies/mwh/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/mwh/financials.md?period=annual).

## Income statement

| Line item | Unit | period not labelled (2025-03-31) | period not labelled (2025-06-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $m | [408](/filings/0001193125-26-220257.md) | [536](/filings/0001193125-26-352447.md) | [677](/filings/0001193125-26-220257.md) | [951](/filings/0001193125-26-352447.md) |
| Cost of revenue | $m | [349](/filings/0001193125-26-220257.md) | [423](/filings/0001193125-26-352447.md) | [558](/filings/0001193125-26-220257.md) | [812](/filings/0001193125-26-352447.md) |
| Gross profit | $m | [59.1](/filings/0001193125-26-220257.md) | [113](/filings/0001193125-26-352447.md) | [119](/filings/0001193125-26-220257.md) | [140](/filings/0001193125-26-352447.md) |
| Selling, general and administrative | $m | [36.1](/filings/0001193125-26-220257.md) | [41.2](/filings/0001193125-26-352447.md) | [111](/filings/0001193125-26-220257.md) | [52.6](/filings/0001193125-26-352447.md) |
| Operating income | $m | [9.3](/filings/0001193125-26-220257.md) | [58.1](/filings/0001193125-26-352447.md) | [(7.2)](/filings/0001193125-26-220257.md) | [69.7](/filings/0001193125-26-352447.md) |
| Interest expense | $m | [12.7](/filings/0001193125-26-220257.md) | [14.1](/filings/0001193125-26-352447.md) | [6.9](/filings/0001193125-26-220257.md) | [1.4](/filings/0001193125-26-352447.md) |
| Income tax | $m | [0.3](/filings/0001193125-26-220257.md) | [1.0](/filings/0001193125-26-352447.md) | [4.2](/filings/0001193125-26-220257.md) | [5.8](/filings/0001193125-26-352447.md) |
| Net income | $m | [(0.7)](/filings/0001193125-26-220257.md) | [44.3](/filings/0001193125-26-352447.md) | [(23.4)](/filings/0001193125-26-220257.md) | [37.0](/filings/0001193125-26-352447.md) |
| Diluted EPS | $ per share | not reported | not reported | [(0.20)](/filings/0001193125-26-220257.md) | [0.30](/filings/0001193125-26-352447.md) |
| Basic EPS | $ per share | not reported | not reported | [(0.20)](/filings/0001193125-26-220257.md) | [0.31](/filings/0001193125-26-352447.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | period not labelled (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: |
| Cash and equivalents | $m | [395](/filings/0001193125-26-352447.md) | [385](/filings/0001193125-26-220257.md) | [364](/filings/0001193125-26-352447.md) |
| Current assets | $m | [899](/filings/0001193125-26-352447.md) | [947](/filings/0001193125-26-220257.md) | [1,052](/filings/0001193125-26-352447.md) |
| Total assets | $m | [1,816](/filings/0001193125-26-352447.md) | [1,957](/filings/0001193125-26-220257.md) | [2,130](/filings/0001193125-26-352447.md) |
| Current liabilities | $m | [893](/filings/0001193125-26-352447.md) | [892](/filings/0001193125-26-220257.md) | [962](/filings/0001193125-26-352447.md) |
| Total liabilities | $m | [1,361](/filings/0001193125-26-352447.md) | [1,145](/filings/0001193125-26-220257.md) | [1,279](/filings/0001193125-26-352447.md) |
| Long-term debt | $m | [392](/filings/0001193125-26-352447.md) | [0.0](/filings/0001193125-26-220257.md) | [0.0](/filings/0001193125-26-352447.md) |
| Current portion of debt | $m | [2.5](/filings/0001193125-26-352447.md) | [0.0](/filings/0001193125-26-220257.md) | [0.0](/filings/0001193125-26-352447.md) |
| Shareholders' equity | $m | [(98.1)](/filings/0001193125-26-352447.md) | [433](/filings/0001193125-26-220257.md) | [497](/filings/0001193125-26-352447.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | period not labelled (2025-03-31) | period not labelled (2025-06-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [20.2](/filings/0001193125-26-220257.md) | [30.7 d](/filings/0001193125-26-352447.md) | [14.2](/filings/0001193125-26-220257.md) | [31.8 d](/filings/0001193125-26-352447.md) |
| Capital expenditure | $m | [2.8](/filings/0001193125-26-220257.md) | [2.5 d](/filings/0001193125-26-352447.md) | [10.4](/filings/0001193125-26-220257.md) | [5.5 d](/filings/0001193125-26-352447.md) |
| Dividends paid | $m | [47.8](/filings/0001193125-26-220257.md) | [24.0 d](/filings/0001193125-26-352447.md) | [145](/filings/0001193125-26-220257.md) | [39.6 d](/filings/0001193125-26-352447.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock

## Shares

| Line item | Unit | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [115](/filings/0001193125-26-220257.md) | [202](/filings/0001193125-26-352447.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:51 ET. No prices; not investment advice.