Operations
As of August 12, 2026
Q1 Revenue
↑ 66% YoY
$676.8M
Divisions
New Construction
96.1%
Existing Infrastructure
3.7%
Other
0.2%
Key Earnings Driver: New Construction
SOLV Energy’s Q1 revenue increased 66% year over year to $676.8M, with New Construction revenue increasing 61.1% to $650.7M and Existing Infrastructure revenue declining 5.8% to $25.0M.
Key Operating Metrics¹
METRIC
STATUS
New Construction
🟢 Scaling
Key Financial Metrics
Gross Margin
17.60%
+3.1 pp YoY
Backlog / Rev.
1,211.9%
12.11x Revenue
CapEx Intensity
1.54%
0.01x Revenue
Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.