SOLV Energy Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters.
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 |
|---|---|---|
| Revenue | $951.2M | $676.8M |
| Cost of revenue | $811.6M | $557.7M |
| Gross profit | $139.6M | $119.1M |
| Selling, general and administrative expenses | $52.6M | $111.4M |
| Amortization expense | $17.3M | $14.9M |
| Total operating expenses | $69.9M | $126.3M |
| Operating income | $69.7M | ($7.2M) |
| Loss on debt extinguishment | $0 | $10.7M |
| Interest expense | $1.4M | $6.9M |
| Interest income | ($1.8M) | ($1.4M) |
| Other (income) loss, net | ($2.5M) | ($68.0K) |
| Income before income taxes | $72.7M | ($23.2M) |
| Income tax expense | $5.8M | $4.2M |
| Net income | $66.8M | ($27.4M) |
| Less: net income attributable to non-controlling interests and LLC members prior to IPO | $29.9M | ($4.1M) |
| Net income attributable to SOLV Energy, Inc. | $37.0M | ($23.4M) |
| Net income per share, Basic | $0.31 | -$0.20 |
| Net income per share, Diluted | $0.30 | -$0.20 |
| Weighted average shares outstanding, Basic | 118.1M | 115.3M |
| Weighted average shares outstanding, Diluted | 201.7M | 115.3M |
| Line item | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| Cash and cash equivalents | $364.0M | $384.9M |
| Accounts receivable, net | $392.8M | $285.0M |
| Contract assets | $181.5M | $157.9M |
| Capitalized project development costs | $3.3M | $13.3M |
| Prepaid and other current assets | $110.2M | $105.5M |
| Total current assets | $1.1B | $946.6M |
| Property and equipment, net | $122.3M | $116.1M |
| Operating lease right-of-use assets | $7.1M | $7.6M |
| Goodwill | $426.6M | $429.0M |
| Intangible assets, net | $333.9M | $347.5M |
| Deferred tax assets | $179.8M | $101.3M |
| Other long-term assets | $8.1M | $8.4M |
| Total assets | $2.1B | $2.0B |
| Accounts payable and accrued expenses | $680.5M | $524.9M |
| Contract liabilities | $258.2M | $346.3M |
| Current portion of equipment financing | $6.9M | $6.6M |
| Current portion of lease liabilities | $16.0M | $14.5M |
| Current portion of long-term debt | $0 | $0 |
| Total current liabilities | $961.6M | $892.3M |
| Term debt, long term | $0 | $0 |
| Equipment financing, long-term | $17.5M | $19.7M |
| Lease liabilities, long-term | $43.2M | $39.7M |
| Tax receivable agreement | $240.7M | $172.3M |
| Other long-term liabilities | $15.5M | $21.3M |
| Total liabilities | $1.3B | $1.1B |
| Total member's equity | $0 | $0 |
| Common stock | $21.0K | $21.0K |
| Additional paid-in capital | $483.1M | $455.9M |
| Retained earnings (accumulated deficit) | $13.6M | ($23.4M) |
| Total stockholders' equity to SOLV Energy, Inc. | $496.8M | $432.5M |
| Non-controlling interest | $354.4M | $378.7M |
| Total members'/stockholders' equity | $851.2M | $811.2M |
| Total liabilities and stockholders'/member's equity | $2.1B | $2.0B |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 |
|---|---|---|
| Net income | $39.4M | ($27.4M) |
| Depreciation and amortization | $50.5M | $23.7M |
| Non-cash compensation expense | $79.7M | $64.9M |
| Loss on extinguishment of debt (non-cash portion) | $6.7M | $6.7M |
| Write off of project development costs | $4.3M | $3.9M |
| Tax receivable agreement liability adjustment | ($2.4M) | — |
| Other | ($12.0K) | $152.0K |
| Change in operating assets and liabilities | ($132.0M) | ($57.7M) |
| Net cash provided by operating activities | $46.0M | $14.2M |
| Purchases of property and equipment | ($16.0M) | ($10.4M) |
| Cash paid for acquisitions, net of cash acquired | $0 | $0 |
| Net cash used in investing activities | ($16.0M) | ($10.4M) |
| Issuance of Class A common stock, net of underwriting discount | $844.2M | $552.5M |
| Purchase of LLC Interests | ($291.7M) | — |
| Repayment of term debt | ($405.2M) | ($405.2M) |
| Payment of deferred acquisition consideration | ($5.5M) | ($5.5M) |
| Payment of offering costs | ($5.9M) | ($3.5M) |
| Proceeds on debt | $0 | $0 |
| Payment of debt issuance costs | ($2.8M) | ($2.8M) |
| Payments for finance leases | ($6.3M) | ($2.9M) |
| Proceeds on equipment financing | $0 | $0 |
| Payments on equipment financing | ($3.4M) | ($1.5M) |
| Distributions to members of SOLV Energy Holdings LLC | ($184.4M) | ($144.8M) |
| Net cash used in financing activities | ($61.0M) | ($13.8M) |
| Net decrease in cash and cash equivalents | ($30.9M) | ($10.0M) |
| Cash and cash equivalents, beginning of period | $394.9M | $394.9M |
| Cash and cash equivalents, end of period | $364.0M | $384.9M |
| Interest paid | $8.9M | $8.6M |
| Income taxes paid | $12.0M | $0 |
| Deferred offering costs reclassified to additional paid-in capital | $11.1M | — |
SOLV Energy Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.