SOLV Energy (NASDAQ:MWH) reported sharply higher first-quarter revenue and adjusted earnings, raised its full-year profit outlook and said demand for solar, storage and grid infrastructure remains strong as U.S. power needs accelerate.
On the company’s first-quarter 2026 earnings call, Chief Executive Officer George Hershman said the quarter showed “strong execution across the business,” with profitability above expectations. Chief Financial Officer Chad Plotkin said revenue rose 66% year over year to $677 million, driven primarily by new construction revenue as backlog converted into results.
