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SOLV Energy $MWH

Utilities

Russell 1000 California

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$22.93

-0.92 (-3.86%)

As of Oct 21, 2026, 12:54 AM EDT

Price history

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SOLV Energy (MWH) is trading down at $22.93 (-3.86%), as of the latest quote. It is a Russell 1000 constituent in the Utilities sector.

IPO: February 11, 2026 · $25.00 offering · NASDAQ · View IPO details →

SOLV Energy revenue & net income history

RevenueNet incomeNet margin (right axis, %)

SOLV Energy quarterly financial statements
	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Income statement
Revenue	$407.8M	$536.0M	$676.8M	$951.2M
Growth (year over year)	—	—	+65.9%	+77.5%
Gross profit	$59.1M	$113.1M	$119.1M	$139.6M
Gross margin	14.5%	21.1%	17.6%	14.7%
Operating income	$9.26M	$58.1M	−$7.18M	$69.7M
Operating margin	2.3%	10.8%	−1.1%	7.3%
Net income	−$714.0K	$44.3M	−$23.4M	$37.0M
Net margin	−0.2%	8.3%	−3.5%	3.9%
EPS (diluted)	—	—	−$0.20	$0.30
Balance sheet
Cash and equivalents	—	—	$384.9M	$364.0M
Total assets	—	—	$1.96B	$2.13B
Total liabilities	—	—	$1.15B	$1.28B
Long-term debt	—	—	$0	$0
Shareholders' equity	—	—	$432.5M	$496.8M
Cash flow
Operating cash flow	$20.2M	$30.7M	$14.2M	$31.8M
Capital expenditure	$2.78M	$2.54M	$10.4M	$5.52M
Free cash flow	$17.4M	$28.1M	$3.80M	$26.3M
Dividends paid	$47.8M	$24.0M	$144.8M	$39.6M

From SOLV Energy's 10-Q filings with the SEC. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Filings on SEC EDGAR →