SOLV Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	3,175	2,490	1,848	2,115	2,329
Revenue Growth	-	34.78%	-12.65%	-9.16%	-
Cost of Revenue	2,619	2,026	1,589	2,002	2,227
Gross Profit	555.99	464.23	259.16	113.71	101.99
Selling, General & Admin	276.88	193.24	127.89	96.98	104.25
Amortization of Goodwill & Intangibles	62.37	57.75	66.35	67.05	79
Operating Expenses	339.26	250.99	194.23	164.03	183.25
Operating Income	216.74	213.24	64.93	-50.32	-81.27
Interest Expense	-34.28	-52.73	-55.39	-59.7	-39.66
Interest & Investment Income	5.59	7.16	4.6	1.63	0.2
Other Non Operating Income (Expenses)	3.67	1.01	1	1.32	-
EBT Excluding Unusual Items	191.73	168.68	15.14	-107.07	-120.72
Gain (Loss) on Sale of Investments	-0.8	-0.8	-	-	-
Gain (Loss) on Sale of Assets	-0.04	-0.04	-0.22	-	-
Other Unusual Items	-28.34	-14.5	-4.4	-	-
Pretax Income	157.32	153.35	10.52	-107.07	-120.72
Income Tax Expense	12.32	3.64	0.6	0.2	0.01
Earnings From Continuing Operations	144.99	149.7	9.92	-107.27	-120.73
Minority Interest in Earnings	-25.74	-0.52	-0	-0	-0
Net Income	119.25	149.18	9.92	-107.27	-120.73
Net Income to Common	119.25	149.18	9.92	-107.27	-120.73
Net Income Growth	-	1403.56%	-	-	-
Shares Outstanding (Basic)	124	115	-	-	-
Shares Outstanding (Diluted)	124	115	-	-	-
Shares Change	-	-	-	-	-
EPS (Basic)	0.96	1.29	-	-	-
EPS (Diluted)	0.96	1.29	-	-	-
EPS Growth	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Free Cash Flow	294.79	310.23	109.04	35.89	56.67
Free Cash Flow Per Share	2.38	2.69	-	-	-
Gross Margin	17.51%	18.64%	14.03%	5.38%	4.38%
Operating Margin	6.83%	8.56%	3.51%	-2.38%	-3.49%
Profit Margin	3.76%	5.99%	0.54%	-5.07%	-5.18%
Free Cash Flow Margin	9.29%	12.46%	5.90%	1.70%	2.43%
EBITDA	312.51	298.3	149.3	30.96	6.56
EBITDA Margin	9.84%	11.98%	8.08%	1.46%	0.28%
D&A For EBITDA	95.78	85.05	84.37	81.28	87.82
EBIT	216.74	213.24	64.93	-50.32	-81.27
EBIT Margin	6.83%	8.56%	3.51%	-2.38%	-3.49%
Effective Tax Rate	7.83%	2.38%	5.68%	-	-

SEC Filings: 10-K · 10-Q