- SOLV Energy, Inc. (MWH) Q1 2026 Earnings Call Transcript
May 15, 2026 · seekingalpha.com
SOLV Energy, Inc. (MWH) Q1 2026 Earnings Call Transcript
- SOLV Energy Q1 Earnings Call Highlights
May 12, 2026 · marketbeat.com
SOLV Energy NASDAQ: MWH reported sharply higher first-quarter revenue and adjusted earnings, raised its full-year profit outlook and said demand for solar, storage and grid infrastructure remains strong as U.S. power needs accelerate.
- SOLV Energy Reports First Quarter 2026 Results
May 12, 2026 · globenewswire.com
SAN DIEGO, May 12, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (“SOLV” or the “Company”) (Nasdaq: MWH), a leading provider of infrastructure services to the power industry, today announced financial results for the first quarter ended March 31, 2026. Financial Summary (in $ millions except percentages) Three Months Ended March 31, 2026 2025 Revenue 677 408 Gross Profit 119 59 Gross Margin 17.6% 14.5% Net Loss 1 (27) (1) Adjusted Gross Profit 2 124 59 Adjusted Gross Margin 2 18.4% 14.5% Adjusted EBITDA 93 34 1) Represents Net Loss before Non-Controlling Interest 2) Adjusted Gross Profit and Adjusted Gross Margin exclude the impact of the allocation of non-cash compensation expense to cost of revenue First Quarter 2026 Financial and Recent Business Highlights Revenue of $677 million, up 66% year over year Gross Profit of $119 million, up 102% year over year Adjusted Gross Profit of $124 million, up 110% year over year Net loss of $(27) million Primarily a result of a one-time, non-cash expense of $521 million related to the modification of legacy equity awards from the reorganization in the IPO Adjusted EBITDA of $93 million, up 174% year over year Total backlog as of March 31, 2026 at $8.2 billion Nearly 22 GW under contract for O&M services Announced the acquisition of Roberson Waite Electric (“RWE”) providing the Company additional capabilities and growth opportunities in the utility services market 1) Included in total non-cash compensation expense in cost of revenue and SG&A of approx.
- SOLV ENERGY REPORTS FIRST QUARTER 2026 RESULTS
May 12, 2026
SAN DIEGO, MAY 12, 2026 (GLOBE NEWSWIRE) -- SOLV ENERGY, INC. (“SOLV” OR THE “COMPANY”) (NASDAQ: MWH), A LEADING PROVIDER OF INFRASTRUCTURE SERVICES TO THE POWER INDUSTRY, TODAY ANNOUNCED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2026. FINANCIAL SUMMARY (IN $ MILLIONS EXCEPT PERCENTAGES) THREE MONTHS ENDED MARCH 31, 2026 2025 REVENUE 677 408 GROSS PROFIT 119 59 GROSS MARGIN 17.6% 14.5% NET LOSS 1 (27) (1) ADJUSTED GROSS PROFIT 2 124 59 ADJUSTED GROSS MARGIN 2 18.4% 14.5% ADJUSTED EBITDA 93 34 1) REPRESENTS NET LOSS BEFORE NON-CONTROLLING INTEREST 2) ADJUSTED GROSS PROFIT AND ADJUSTED GROSS MARGIN EXCLUDE THE IMPACT OF THE ALLOCATION OF NON-CASH COMPENSATION EXPENSE TO COST OF REVENUE FIRST QUARTER 2026 FINANCIAL AND RECENT BUSINESS HIGHLIGHTS REVENUE OF $677 MILLION, UP 66% YEAR OVER YEAR GROSS PROFIT OF $119 MILLION, UP 102% YEAR OVER YEAR ADJUSTED GROSS PROFIT OF $124 MILLION, UP 110% YEAR OVER YEAR NET LOSS OF $(27) MILLION PRIMARILY A RESULT OF A ONE-TIME, NON-CASH EXPENSE OF $521 MILLION RELATED TO THE MODIFICATION OF LEGACY EQUITY AWARDS FROM THE REORGANIZATION IN THE IPO ADJUSTED EBITDA OF $93 MILLION, UP 174% YEAR OVER YEAR TOTAL BACKLOG AS OF MARCH 31, 2026 AT $8.2 BILLION NEARLY 22 GW UNDER CONTRACT FOR O&M SERVICES ANNOUNCED THE ACQUISITION OF ROBERSON WAITE ELECTRIC (“RWE”) PROVIDING THE COMPANY ADDITIONAL CAPABILITIES AND GROWTH OPPORTUNITIES IN THE UTILITY SERVICES MARKET 1) INCLUDED IN TOTAL NON-CASH COMPENSATION EXPENSE IN COST OF REVENUE AND SG&A OF APPROX.
- SOLV Energy to Report First Quarter 2026 Financial Results on May 12, 2026
May 4, 2026 · globenewswire.com
SAN DIEGO, May 04, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (“SOLV” or the “Company”) (Nasdaq: MWH) plans to report first quarter 2026 results on Tuesday, May 12, 2026. Management will present results during a conference call at 8:30 a.m. Eastern time.
- SOLV ENERGY TO REPORT FIRST QUARTER 2026 FINANCIAL RESULTS ON MAY 12, 2026
May 4, 2026
SAN DIEGO, MAY 04, 2026 (GLOBE NEWSWIRE) -- SOLV ENERGY, INC. (“SOLV” OR THE “COMPANY”) (NASDAQ: MWH) PLANS TO REPORT FIRST QUARTER 2026 RESULTS ON TUESDAY, MAY 12, 2026. MANAGEMENT WILL PRESENT RESULTS DURING A CONFERENCE CALL AT 8:30 A.M. EASTERN TIME.
- SOLV Energy Expands Utility Infrastructure Platform with Roberson Waite Electric Acquisition, Advancing Long-Term Growth Strategy for Shareholders
May 4, 2026 · globenewswire.com
SAN DIEGO, May 04, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (Nasdaq: MWH) (“SOLV”), a leading provider of infrastructure services to the power industry, today announced it has entered into an agreement to acquire Roberson Waite Electric (“RWE”), a California-based provider of utility substation construction, testing, commissioning, and related infrastructure services.
- SOLV ENERGY EXPANDS UTILITY INFRASTRUCTURE PLATFORM WITH ROBERSON WAITE ELECTRIC ACQUISITION, ADVANCING LONG-TERM GROWTH STRATEGY FOR SHAREHOLDERS
May 4, 2026
SAN DIEGO, MAY 04, 2026 (GLOBE NEWSWIRE) -- SOLV ENERGY, INC. (NASDAQ: MWH) (“SOLV”), A LEADING PROVIDER OF INFRASTRUCTURE SERVICES TO THE POWER INDUSTRY, TODAY ANNOUNCED IT HAS ENTERED INTO AN AGREEMENT TO ACQUIRE ROBERSON WAITE ELECTRIC (“RWE”), A CALIFORNIA-BASED PROVIDER OF UTILITY SUBSTATION CONSTRUCTION, TESTING, COMMISSIONING, AND RELATED INFRASTRUCTURE SERVICES.
- SOLV Energy: Valuation Too Low Vs. Peers
Apr 15, 2026 · seekingalpha.com
SOLV Energy is undervalued, with a recurring O&M revenue stream and a robust $8B backlog supporting near-term growth. MWH's installed base and long-term O&M contracts create a higher-quality, stickier earnings profile than typical EPC contractors. Scale advantages position MWH to capture larger, more complex projects and adjacent revenue streams, widening its competitive moat.
- Contrasting Primoris Services (NYSE:PRIM) and SOLV Energy (NASDAQ:MWH)
Apr 6, 2026 · defenseworld.net
SOLV Energy (NASDAQ: MWH - Get Free Report) and Primoris Services (NYSE: PRIM - Get Free Report) are both mid-cap construction companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, profitability, risk, analyst recommendations, valuation, earnings and institutional ownership. Earnings and Valuation This table compares SOLV
