SOLV Energy — Third Quarter 2026 Earnings Summary

SOLV Energy reported third-quarter 2026 revenue of $1.242 billion, representing a 65% year-over-year increase, with full-year revenue reaching $2.87 billion. The company achieved net income of $123 million for the quarter and $162 million year-to-date, driven by higher operating income and reduced interest expenses following the repayment of term debt. SOLV Energy raised its full-year 2026 financial guidance, projecting revenue between $4.03 billion and $4.12 billion and adjusted EBITDA between $525 million and $540 million. Additionally, the company completed the acquisition of ASB Energy Services in October 2026 and reported a total backlog of approximately $9.2 billion as of September 30, 2026.