
SOLV Energy reports strong 77% revenue growth to $951M
SOLV Energy (NASDAQ:MWH) reported second-quarter 2026 revenue of $951 million, up 77% year over year, as the company expanded activity across its solar and energy infrastructure operations.
SOLV Energy (NASDAQ:MWH) announced its financial results for the fourth quarter and full fiscal year ended December 31, 2025, marking its first earnings report as a public company following its successful Nasdaq debut in February 2026.
It's been a turbulent year so far for the IPO market. In just one week, both Clear Street and Liftoff postponed plans to go public, citing market conditions. But Solv Energy, owned by the private equity firm American Securities, went ahead and completed its IPO, raising $513 million dollars. Michael Fisch, the Founder and CEO of American Securities joined Bloomberg Open Interest to talk about the debut and the broader dealmaking environment.