Income Taxes and Tax Receivable Agreement (Tables) - SOLV Energy Holdings LLC [Member]

12 Months Ended

Dec. 31, 2025

The income taxes paid consisted of the following:

The income tax expense consisted of the following:


	Year Ended December 31,
	2025			2024		2023
Current
Federal	$	2,213		$	—	$	—
State		1,932			598		204

Total current tax expense	$	4,145		$	598	$	204
Deferred
Federal	$	(710	)	$	—	$	—
State		208			—		—

Total deferred tax expense (benefit)	$	(502	)	$	—	$	—

Total provision for income taxes	$	3,643		$	598	$	204

The following is a reconciliation of the statutory federal income tax rate to our effective tax rate for the years ended December 31, 2025 and 2024:


	Year Ended December 31,
	2025					2024					2023
U.S. Federal Statutory Tax Rate	$	32,203		21.0	%	$	2,210		21.0	%	$	(23,024	)	21.0	%
State and Local Income Tax, Net of Federal Income Tax Effects (1)		2,037		1.3	%		598		5.7	%		204		(0.2	)%
Nontaxable or Nondeductible items
Partnership Income		(30,646	)	(20.0	)%		(2,210	)	(21.0	)%		23,024		(21.0	)%
Other		49		0.0	%		—		—	%		—		—	%

Effective Tax Rate	$	3,643		2.3	%	$	598		5.7	%	$	204		(0.2	)%

Significant components of the Company’s deferred income tax assets and liabilities consist of the following:


	December 31,
	2025			2024
Deferred tax assets
Other	$	740		$	—

Gross deferred tax assets		740		$	—
Valuation allowance		—			—

Total deferred tax assets		740		$	—
Deferred tax liabilities:
Fixed assets	$	(1,311	)	$	—
Intangible assets		(4,215	)		—
Other	$	(553	)		—

Total deferred tax liabilities	$	(6,079	)		—

Total deferred tax assets/(liabilities)	$	(5,339	)	$	—

SOLV Energy, Inc. S-1