| Summary of Earnings Per Share, Basic and Diluted |
Basic and diluted earnings per share of common stock for the three and six months ended June 30, 2026 have been computed as follows
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Three Months
Ended June 30,
2026 |
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Period from
February 12,
2026 to June 30,
2026 |
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Basic net income per share: |
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| |
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| |
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$ |
66,833 |
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$ |
39,419 |
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Less: Net income attributable to non-controlling interests and LLC members prior to IPO |
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29,863 |
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25,807 |
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Net income attributable to SOLV Energy, Inc., basic and diluted |
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$ |
36,970 |
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$ |
13,612 |
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| |
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Weighted average shares of common stock outstanding, basic |
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|
118,080,650 |
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|
117,137,198 |
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Net income per share, basic |
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Diluted net income per share: |
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| Numerator: |
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Net income attributable to SOLV Energy, Inc., basic and diluted |
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$ |
36,970 |
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$ |
13,612 |
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Add: Net income attributable to non-controlling interests from assumed exchange of LLC Interests |
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29,863 |
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— |
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Less: Income tax expense on net income attributable to non-
controlling interest at 22.5% |
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(6,719 |
) |
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— |
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Net income attributable to SOLV Energy, Inc., diluted |
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$ |
60,114 |
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$ |
13,612 |
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| |
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Weighted average shares of common stock outstanding, basic |
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|
118,080,650 |
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|
117,137,198 |
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| Effect of dilutive securities: |
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Vested LLC Interests a ttributable to Continuing Equity Owners |
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78,400,204 |
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— |
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Unvested LLC Interests a ttributable to Management Holdings |
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|
5,088,760 |
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5,021,202 |
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| |
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82,874 |
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|
69,307 |
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| |
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30,075 |
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|
19,689 |
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Weighted averages shares of common stock outstanding, diluted |
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|
201,682,563 |
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122,247,396 |
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Net income per share, diluted |
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| Summary of Antidilutive Securities Excluded from Computation of Earnings Per Share |
The following securities were excluded from the computation of diluted net income per share for the period presented because their effect on net income per share would have been anti-dilutive:
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Three Months
Ended June 30,
2026 |
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Period from
February 12,
2026 to June 30,
2026 |
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Vested LLC Interests a ttributable to Continuing Equity Owners |
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| |
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45,814 |
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45,814 |
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