SOLV Energy, Inc. (MWH) FY2026 YTD Q2 Statement of Cash Flows
2026-01-01 to 2026-06-30
Statement of Cash Flows
2026-01-01 to 2026-06-30
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Chart details
SOLV Energy, Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026
Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.
- Beginning cash on Dec 31, 2025
- 394,876,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- Operating activities
- 46,039,000 US dollars. Net cash provided.
- Net income
- 39,419,000 US dollars
- Depreciation and amortization
- 50,489,000 US dollars
- Non-cash compensation expense
- 79,670,000 US dollars
- Loss on extinguishment of debt (non-cash portion)
- 6,676,000 US dollars
- Write off of project development costs
- 4,265,000 US dollars
- Other
- negative 12,000 US dollars
- Change in operating assets and liabilities
- negative 132,040,000 US dollars
- Tax receivable agreement liability adjustment
- negative 2,428,000 US dollars
- Investing activities
- negative 15,960,000 US dollars. Net cash used.
- Purchases of property and equipment
- negative 15,960,000 US dollars
- Cash paid for acquisitions, net of cash acquired
- 0 US dollars
- Financing activities
- negative 60,987,000 US dollars. Net cash used.
- Proceeds on debt
- 0 US dollars
- Payments for finance leases
- negative 6,261,000 US dollars
- Proceeds on equipment financing
- 0 US dollars
- Payments on equipment financing
- negative 3,441,000 US dollars
- Distributions to members of SOLV Energy Holdings LLC
- negative 184,408,000 US dollars
- Issuance of Class A common stock, net of underwriting discount
- 844,249,000 US dollars
- Repayment of term debt
- negative 405,203,000 US dollars
- Payment of debt issuance costs
- negative 2,800,000 US dollars
- Payment of deferred acquisition consideration
- negative 5,500,000 US dollars
- Purchase of LLC Interests
- negative 291,706,000 US dollars
- Payment of offering costs
- negative 5,917,000 US dollars
- Operating adjustment reconciliation
- 141,100,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- financing gross reconciliation
- 905,236,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- investing gross reconciliation
- 15,960,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- Exchange-rate effect
- 0 US dollars
- Ending cash on Jun 30, 2026
- 363,968,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
- Cash sources and uses
- 440,915,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- Net cash change
- negative 30,908,000 US dollars. Ending cash minus beginning cash.
- Cash flow / Net income
- Unavailable. Operating cash flow and reconciliation net income for the same period are required.
- Operating cash flow
- 46,039,000 US dollars. Operating cash flow used in the free cash flow calculation.
- Cash purchases of property, plant and equipment
- 15,960,000 US dollars. These cash purchases are already included in investing activities above.
- Free cash flow
- 30,079,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.
Chart connections
- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $6.62M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 46,039,000 US dollars minus 15,960,000 US dollars equals 30,079,000 US dollars.
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