SOLV Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	2,491	1,848	2,101
Revenue Growth (YoY)	34.78%	-12.04%	-
Cost of Revenue	2,026	1,589	1,991
Gross Profit	464.23	259.16	110
Selling, General & Admin	211.04	127.89	95.84
Depreciation & Amortization Expenses	57.75	66.35	67.05
Total Operating Expenses	268.79	194.23	162.88
Operating Income	195.44	64.93	-52.89
Interest Income	7.16	4.6	1.63
Interest Expense	-52.73	-55.39	-59.7
Other Non-Operating Income (Expense)	3.48	-3.62	1.32
Total Non-Operating Income (Expense)	-42.1	-54.41	-56.75
Pretax Income	153.35	10.52	-109.64
Provision for Income Taxes	3.64	0.6	0.2
Net Income	149.7	9.92	-109.84
Minority Interest in Earnings	0.52	0	0
Net Income to Common	149.18	9.92	-109.84
Net Income Growth	1403.56%	-	-
Shares Outstanding (Basic)	0	-	-
Shares Outstanding (Diluted)	0	-	-
EPS (Basic)	1491830.00	-	-
EPS (Diluted)	1491830.00	-	-
Free Cash Flow	310.23	109.04	35.89
Free Cash Flow Growth	184.50%	203.84%	-
Free Cash Flow Per Share	3102340.00	-	-
Gross Margin	18.64%	14.03%	5.24%
Operating Margin	7.85%	3.51%	-2.52%
Profit Margin	6.01%	0.54%	-5.23%
FCF Margin	12.46%	5.90%	1.71%
EBITDA	280.99	149.77	28.94
EBITDA Margin	11.28%	8.11%	1.38%
EBIT	195.44	64.93	-52.89
EBIT Margin	7.85%	3.51%	-2.52%
Effective Tax Rate	2.38%	5.68%	-0.19%

SEC Filings: 10-K · 10-Q