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Recent Updates — MWH

August 13, 2026View Source ↗

SOLV Energy, Inc. reported second quarter 2026 financial results on August 13, 2026, announcing record revenue of $951 million for the quarter and $1.628 billion for the first half, representing a 77% and 72% year-over-year increase, respectively. The company reported net income of $67 million for the quarter and $39 million for the six-month period, alongside Adjusted EBITDA of $117 million and $210 million, respectively. SOLV completed its acquisition of Roberson Waite Electric on July 1, 2026, for approximately $40.9 million in cash plus up to $9.0 million in contingent consideration. Management raised full-year 2026 revenue guidance to a range of $3.87 billion to $3.97 billion and updated Adjusted EBITDA guidance to $485 million–$505 million, citing strong demand and the new acquisition's contribution. The company operates in the power industry infrastructure services sector.