SOLV Energy Q2 FY26 net income rises 50% to $67 million; revenue increases 77% to $951 million

• SOLV Energy posted Q2 revenue up 77% to $951 million from a year earlier; GAAP net income rose 50% to $67 million.
• GAAP gross margin narrowed 6.4 percentage points to 14.7%.
• Non-GAAP adjusted EBITDA climbed 36% to $117 million; total backlog grew 44% year over year to about $8.9 billion.
• Closed the Roberson Waite Electric acquisition on July 1 for $40.9 million cash, with up to $9 million tied to performance.
• Raised 2026 guidance to revenue of $3.87 billion-$3.97 billion; lifted adjusted EBITDA outlook to $485 million-$505 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SOLV Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130700PRIMZONEFULLFEED9809411) on August 13, 2026, and is solely responsible for the information contained therein.