Solv Energy, Inc. income statement

In fiscal 2024, Solv Energy, Inc. reported revenue of $1.85bn, down 12.0% on the year before, operating income of $64.9m (a 3.5% margin) and net income of $9.9m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Solv Energy, Inc.: income statement, annual
Fiscal year	2022Dec 2022	2023Dec 2023	2024Dec 2024	LTMSept 2025
Revenue	2,318	2,101	1,848	2,138
Gross profit	98	110	259	402
Operating income	−82	−53	65	175
Net income	−122	−110	10	123

US$ millions unless shown otherwise. Fiscal quarters.

Solv Energy, Inc.: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	441	408	536	753	677	951
Cost of revenue	—	349	423	—	558	812
Gross profit	82	59	113	148	119	140
Selling, general and administrative	—	36	41	—	111	53
Operating income	25	9	58	83	−7	70
Interest expense	—	13	14	—	7	1
Income before tax	—	−0	46	—	−23	73
Income tax	—	0	1	—	4	6
Net income	10	−1	44	70	−23	37
Diluted EPS	—	—	—	—	−$0.20	$0.30
EBITDA	—	29	72	—	17	87

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Solv Energy, Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Solv Energy, Inc.