MWHSOLV Energy, Inc.
$26.21
$26.21
$23.8352 weeks$46.77
The financials
SOLV Energy, Inc. by the numbers
SOLV Energy, Inc. (MWH) reported revenue of $951M in Q2 2026 (quarter ended Jun 30, 2026), up 133% from the same quarter a year earlier. That came with a gross margin of 15% and net income of $37M (3.9% of revenue). Its largest product in Q2 2026 was New Construction at $913M, 96% of the disclosed total, well ahead of Existing Infrastructure at 2.9%. The next results filing is expected around Nov 12, 2026, a quarter after the last one.
| Income statement | Q2 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $951M | $408M | +133% |
| Gross profit | $140M | $59M | +136% |
| Operating income | $70M | $9.3M | +652% |
| Net income | $37M | −$714K | to a profit |
| Diluted EPS | $0.30 | n/a | n/a |
| Product | Revenue | Share |
|---|---|---|
| New Construction | $913M | 96% |
| Existing Infrastructure | $28M | 2.9% |
| Other | $10M | 1.1% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $951.2M (+41%)
Segment Latestquarter on quarteryear on year
- New Construction$913.1M$913.1Mquarter on quarter +40%year on year +88%+40%+88%
- Existing Infrastructure$28.0M$28.0Mquarter on quarter +12%year on year -23%+12%-23%
- Other$10.2M$10.2Mquarter on quarter +816%year on year -24%+816%-24%
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