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SOLV Energy 3Q26 net income jumps 75% year over year to $122.75 million

PUBT·11/12/2026 13:26:56
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SOLV Energy 3Q26 net income jumps 75% year over year to $122.75 million
  • SOLV Energy’s third-quarter 2026 adjusted EBITDA rose 42% year over year to $173 million.
  • Revenue jumped 65% year over year to $1.24 billion.
  • Backlog increased from the previous quarter to a record $9.2 billion at September 30, 2026.
  • The $45 million acquisition of ASB Energy Services closed October 30, expanding self-perform high-voltage construction capabilities.
  • 2026 guidance increased to adjusted EBITDA of $525 million–$540 million and revenue of $4.03 billion–$4.12 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SOLV Energy Inc. published the original content used to generate this news brief on November 12, 2026, and is solely responsible for the information contained therein.