Quanta ServicesPWREarnings & Financial Report
Quanta Services is a U.S. corporation that provides infrastructure services for the electric power, pipeline, industrial and communications industries. Its capabilities include planning, design, installation, program management, maintenance and repair of most types of network infrastructure. The company has grown organically since its founding, but it has also acquired over 150 companies in the electrical contracting industry.
Revenue
$6.5B
Gross Profit
$1.0B
Operating Profit
$431.2M
Net Profit
$293.2M
Gross Margin
15.6%
Operating Margin
6.6%
Net Margin
4.5%
YoY Growth
15.5%
EPS
$1.95
Quanta Services Q3 FY2024 Financial Summary
Quanta Services reported revenue of $6.5B (up 15.5% YoY) for Q3 FY2024, with a net profit of $293.2M (up 7.5% YoY) (4.5% margin). Cost of goods sold was $5.5B, operating expenses totaled $581.4M.
Key Financial Metrics
| Total Revenue | $6.5B |
|---|---|
| Net Profit | $293.2M |
| Gross Margin | 15.6% |
| Operating Margin | 6.6% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Quanta Services Q3 FY2024 revenue of $6.5B breaks down across 6 segments, led by Electric Power at $3.0B (45.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Electric Power | $3.0B | 45.9% |
| Underground Infrastructure | $1.3B | 19.4% |
| Cost Plus Contract Member | $998.6M | 15.4% |
| Acquisitions2024 | $613.2M | 9.4% |
| CA | $329.1M | 5.1% |
| AU | $195.8M | 3.0% |
Quanta Services Annual Revenue by Year
Quanta Services annual revenue history includes year-by-year totals (for example, 2025 revenue was $28.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $28.5B |
| 2024 | $23.7B |
| 2023 | $20.9B |
| 2022 | $17.1B |
Quanta Services Quarterly Revenue & Net Profit History
Quanta Services results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $7.9B | +26.3% | $231.4M | 2.9% |
| Q4 FY2025 | $7.8B | +19.7% | $316.6M | 4.0% |
| Q3 FY2025 | $7.6B | +17.5% | $339.4M | 4.4% |
| Q2 FY2025 | $6.8B | +21.1% | $229.3M | 3.4% |
| Q1 FY2025 | $6.2B | +23.9% | $144.3M | 2.3% |
| Q4 FY2024 | $6.6B | +13.3% | $310.3M | 4.7% |
| Q3 FY2024 | $6.5B | +15.5% | $293.2M | 4.5% |
| Q2 FY2024 | $5.6B | +10.8% | $188.2M | 3.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.59B | $6.49B | $6.55B | $6.23B | $6.77B | $7.63B | $7.84B | $7.87B |
| YoY Growth | 10.8% | 15.5% | 13.3% | 23.9% | 21.1% | 17.5% | 19.7% | 26.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.93B | $18.87B | $18.68B | $19.13B | $19.89B | $22.74B | $24.93B | $25.75B |
| Liabilities | $9.35B | $11.78B | $11.35B | $11.66B | $12.02B | $14.34B | $15.90B | $16.60B |
| Equity | $6.57B | $7.07B | $7.32B | $7.46B | $7.86B | $8.40B | $8.94B | $9.04B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $391.3M | $739.9M | $712.0M | $243.2M | $295.7M | $563.5M | $1.13B | $391.7M |