SOLV Energy reports record 2025 revenue $2.49B, adj. EBITDA $342M; initiates 2026 guidance

SOLV Energy, Inc.

2025 revenue $2,490M, up 35% from $1,848M; Q4 revenue $794M vs $441M.
Net income (controlling interest) $149M in 2025 (up from $10M); adj. EBITDA $342M (up from $165M).
Backlog at year-end 2025: $8B, an 87% increase over 2024; over 20 GW under O&M contract.
Raised $552.5M net from IPO; repaid term loan, upsized revolver to $200M.
2026 guidance: revenue $3.72B-$3.82B, gross profit $580M-$620M, adj. EBITDA $400M-$420M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.89

SOLV Energy, Inc. updated its the quarter and full year ended December 31, 2025 guidance (initiated).

Period: the quarter and full year ended December 31, 2025
Guidance: initiated
Result: reported results

Exact text from the filing

SOLV Energy, Inc. issued a press release announcing its financial results for the quarter and full year ended December 31, 2025.

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SOLV Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-115127

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