NASDAQ$MWH

SOLV Energy, Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

SOLV Energy reported Q1 2026 with $676.8M revenue, net loss of $23.4M, and diluted loss per share of $0.2.

For the period ended 2026-03-31, SOLV Energy reported $676.8M revenue. Revenue $676.8M first full quarter post-IPO. Net loss to SOLV Energy Inc. $23.4M. Recent IPO spin from SunPower; integration and project execution drive outlook.

  • Revenue $676.8M first full quarter post-IPO.
  • Net loss to SOLV Energy Inc. $23.4M.
  • Net loss and debt extinguishment costs.

Headline financials

Total Revenue

$677M

No prior period
EPS (adj)

-$0.20

No prior period
Capital Expenditures

-$10.4M

No prior period
Free Cash Flow

$3.8M

No prior period
Net Income

-$23.4M

No prior period
Operating Income

-$7.18M

No prior period
Gross Profit

$119M

No prior period
Cash & Equivalents

$385M

No prior period
Total Assets

$1.96B

No prior period

Revenue & EPS history

SOLV Energy, Inc · Revenue · Quarterly

$677M

Q1 2026
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Recent IPO spin from SunPower; integration and project execution drive outlook.

Tailwinds

  • Large revenue base in solar EPC.
  • IPO proceeds strengthen balance sheet.

Headwinds

  • Net loss and debt extinguishment costs.
  • Solar policy and tariff sensitivity.

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro