{
  "url": "https://struct.news/briefs/solvs-profit-returned-its-share-count-and-shrinking-gross-margin-complicate-the-comeback",
  "title": "SOLV's profit returned. Its share count and shrinking gross margin complicate the comeback",
  "summary": "Diluted shares rose 75% to 201.7 million as six-month revenue climbed 41%, while gross margin slipped to 14.7%.",
  "published_at": "2026-08-14T23:45:51.570216+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "SOLV Energy, Inc.",
    "ticker": "MWH",
    "cik": "1193125",
    "sector": "Utilities",
    "industry": "Utilities - Renewable"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-14",
    "accession": "0001193125-26-352447",
    "url": "https://www.sec.gov/Archives/edgar/data/2065636/000119312526352447/d152940d10q.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2026-05-13",
    "url": "https://www.sec.gov/Archives/edgar/data/2065636/000119312526220257/d27005d10q.htm"
  },
  "reported_figures": [
    {
      "group": "SOLV shares slipped despite the profit swing",
      "label": "Last close",
      "value": 32.01,
      "display": "$32.01",
      "unit": "usd_per_share",
      "period": "2026-08-14",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-08-14"
      }
    },
    {
      "group": "SOLV shares slipped despite the profit swing",
      "label": "One-day move",
      "value": -2.3191943851083474,
      "display": "-2.3%",
      "unit": "percent",
      "period": "2026-08-14",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-08-14"
      }
    }
  ],
  "watch_next": [
    {
      "type": "working_capital",
      "statement": "Operating assets and liabilities generated $95.7 million of additional cash outflows, primarily from supplier deposits and materials inventory.",
      "importance": "medium",
      "evidence": "This decrease was driven by higher net cash outflows of $95.7 million related to operating assets and liabilities, primarily supplier deposits and materials inventory, partially offset by a $90.9 million increase in net income after adjusting for non-cash items.",
      "source_date": "2026-08-14"
    }
  ],
  "related_tickers": [
    "MWH"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}