SOLV Energy, Inc. (MWH) FY2026 YTD Q2 P&L / Income Statement

Revenue by Product and Service

2026-01-01 to 2026-06-30

Swipe to see the full flow
SOLV Energy, Inc. (MWH) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETNew ConstructionExisting infrastructureOtherRevenueGross profitCost of revenueOperating incomeTotal operating expensesSelling, general and administrative expensesAmortization expenseIncome before income taxesOther income (expense), net (calculated)Net incomeIncome tax expenseRevenueRevenue$1.63 BGross profitGross profit$258.69 MOperating incomeOperating income$62.50 MIncome before income taxesPretax income$49.41 MNet incomeNet income$39.42 MTotal operating expensesTotal operatingexpenses$196.18 MIncome tax expenseIncome tax expense$9.99 MCost of revenueCost of revenue$1.37 BSelling, general and administrative expensesSelling, general andadministrative expenses$164.02 MOther income (expense), net (calculated)Other income,net (calculated)−$13.09 MNew ConstructionNew Construction$1.56 BAmortization expenseAmortization expense$32.16 MExisting infrastructureExisting infrastructure$52.93 MOtherOther$11.26 M
Chart details

SOLV Energy, Inc. (MWH) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2026-01-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
1,628,048,000 US dollars
Cost of revenue
1,369,362,000 US dollars
Gross profit
258,686,000 US dollars
Total operating expenses
196,184,000 US dollars
Operating income
62,502,000 US dollars
Other income (expense), net (calculated)
negative 13,094,000 US dollars
Income before income taxes
49,408,000 US dollars
Income tax expense
9,989,000 US dollars
Net income
39,419,000 US dollars
New Construction
1,563,855,000 US dollars
Existing infrastructure
52,934,000 US dollars
Other
11,259,000 US dollars
Selling, general and administrative expenses
164,024,000 US dollars
Amortization expense
32,160,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to SOLV Energy, Inc.: $13.61 M; to noncontrolling interests: $25.81 M.
SOLV Energy, Inc. (MWH) FY2026 YTD Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

15.9%

Gross profit / revenue

Operating margin

3.8%

Operating profit / revenue

Cash conversion

116.8%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!