SOLV Energy, Inc. (MWH)
NASDAQ: MWH · Real-Time Price · USD
37.26
-0.73 (-1.92%)
At close: Apr 28, 2026, 4:00 PM EDT
37.23
-0.03 (-0.08%)
After-hours: Apr 28, 2026, 4:10 PM EDT

SOLV Energy Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22
Revenue
2,4901,8482,1152,329
Revenue Growth (YoY)
34.78%-12.65%-9.16%-
Cost of Revenue
2,0261,5892,0022,227
Gross Profit
464.23259.16113.71101.99
Selling, General & Admin
193.24127.8996.98104.25
Amortization of Goodwill & Intangibles
57.7566.3567.0579
Operating Expenses
250.99194.23164.03183.25
Operating Income
213.2464.93-50.32-81.27
Interest Expense
-52.73-55.39-59.7-39.66
Interest & Investment Income
7.164.61.630.2
Other Non Operating Income (Expenses)
1.0111.32-
EBT Excluding Unusual Items
168.6815.14-107.07-120.72
Gain (Loss) on Sale of Investments
-0.8---
Gain (Loss) on Sale of Assets
-0.04-0.22--
Other Unusual Items
-14.5-4.4--
Pretax Income
153.3510.52-107.07-120.72
Income Tax Expense
3.640.60.20.01
Earnings From Continuing Operations
149.79.92-107.27-120.73
Minority Interest in Earnings
-0.52-0-0-0
Net Income
149.189.92-107.27-120.73
Net Income to Common
149.189.92-107.27-120.73
Net Income Growth
1403.56%---
Shares Outstanding (Basic)
115---
Shares Outstanding (Diluted)
115---
EPS (Basic)
1.29---
EPS (Diluted)
1.29---
Free Cash Flow
310.23109.0435.8956.67
Free Cash Flow Per Share
2.69---
Gross Margin
18.64%14.03%5.38%4.38%
Operating Margin
8.56%3.51%-2.38%-3.49%
Profit Margin
5.99%0.54%-5.07%-5.18%
Free Cash Flow Margin
12.46%5.90%1.70%2.43%
EBITDA
298.3149.330.966.56
EBITDA Margin
11.98%8.08%1.46%0.28%
D&A For EBITDA
85.0584.3781.2887.82
EBIT
213.2464.93-50.32-81.27
EBIT Margin
8.56%3.51%-2.38%-3.49%
Effective Tax Rate
2.38%5.68%--
Source: S&P Capital IQ. Standard template. Financial Sources.