{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-115127","form_type":"8-K","ticker":"MWH","cik":"0002065636","company_name":"SOLV Energy, Inc.","filed_at":"2026-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.147557+00:00","generated_at":"2026-05-15T09:44:16.309784+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SOLV Energy reports record 2025 revenue $2.49B, adj. EBITDA $342M; initiates 2026 guidance","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-115127","json":"https://secwatch.observer/filing/0001193125-26-115127.json","markdown":"https://secwatch.observer/filing/0001193125-26-115127.md","text":"https://secwatch.observer/filing/0001193125-26-115127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2065636/000119312526115127/0001193125-26-115127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2065636/000119312526115127/d31700d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:44:16.309784+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8267fbfe7780a73eb44ead44cb6a1aeaa1398259","claim":"SOLV Energy, Inc. updated its the quarter and full year ended December 31, 2025 guidance (initiated).","evidence_excerpt":"SOLV Energy, Inc. issued a press release announcing its financial results for the quarter and full year ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2065636/000119312526115127/0001193125-26-115127-index.htm","confidence":0.89,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and full year ended December 31, 2025"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}