Published
{
"ticker": "PWR",
"cik": "0001050915",
"company": "Quanta Services, Inc.",
"business_type": "industrial",
"schema_template": "standard (industrial services contractor): revenue, cost of revenue (the filing's 'Cost of services'), gross profit, operating income, net income, EPS; cash, debt, assets, equity; operating cash flow, capital expenditures, free cash flow; plus revenue and operating income for the two reportable segments",
"reporting_currency": "USD",
"converted_to_usd": false,
"units": "actual US dollars (not thousands); share counts in actual shares; per-share amounts in dollars. Expense, outflow and other deduction lines that the statements print in parentheses are stored as negative numbers; cost of revenue and the income tax provision, which the statements print without parentheses, are stored as positive numbers.",
"units_notes_seen": {
"FY2025 10-K consolidated balance sheets": "(In thousands, except share and per share information)",
"FY2025 10-K consolidated statements of operations": "(In thousands, except per share information); weighted average share counts are in thousands",
"FY2025 10-K consolidated statements of cash flows": "(In thousands)",
"FY2025 10-K consolidated statements of equity (dividends declared per share)": "(In thousands, except share information)",
"FY2025 10-K segment information (Note 5)": "The following tables show segment financial information in thousands of dollars for the periods presented.",
"Q2 2026 10-Q condensed consolidated balance sheets": "(In thousands, except share and per share information)",
"Q2 2026 10-Q condensed consolidated statements of operations": "(In thousands, except per share information); weighted average share counts are in thousands",
"Q2 2026 10-Q condensed consolidated statements of cash flows": "(In thousands) \u2014 six months ended June 30 only",
"Q2 2026 10-Q condensed consolidated statements of equity (dividends declared per share)": "(In thousands, except share data)",
"Q2 2026 10-Q segment information (Note 3)": "The following tables show segment financial information in thousands of dollars for the periods presented.",
"Q2 2026 earnings release (Exhibit 99.1, Form 8-K accession 0001193125-26-324855) free cash flow reconciliation": "(In thousands)"
},
"adjustments": {
"splits_applied": [],
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"fx": "none; Quanta Services reports in US dollars"
},
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}
],
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},
"trailing_twelve_months": {
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"period_type": "trailing twelve months",
"source_accession": "0001050915-26-000025",
"derived_from_accessions": [
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"0001050915-26-000025"
],
"derivation": "FY2025 (10-K, accession 0001050915-26-000006) plus the six months ended June 30, 2026 less the six months ended June 30, 2025 (10-Q, accession 0001050915-26-000025). Not printed by the company; per-share earnings and share counts are not additive and are omitted.",
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},
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}
},
"shares_outstanding_cover": {
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"as_of": "2026-07-27",
"source_accession": "0001050915-26-000025",
"note": "Common shares outstanding as stated on the cover of the Form 10-Q for the quarter ended June 30, 2026."
},
"notes": [
"Annual figures (FY2023-FY2025 income statement and cash flow; FY2024-FY2025 balance sheet) are from the FY2025 Form 10-K (accession 0001050915-26-000006). Quarterly and six-month figures are from the Form 10-Q for the quarter ended June 30, 2026 (accession 0001050915-26-000025). The 10-K presents a balance sheet only for December 31, 2025 and 2024, so FY2023 carries no balance sheet; the 10-Q presents a balance sheet only for June 30, 2026 and December 31, 2025, so Q2 FY2025 carries none.",
"Quanta Services' fiscal year is the calendar year. Q2 FY2026 is the three months ended June 30, 2026.",
"revenue is the 'Revenues' line; cost_of_revenue is the line the statements caption 'Cost of services'.",
"net_income is consolidated net income including non-controlling interests; net_income_attributable_to_common_stock is the earnings-per-share numerator. Basic and diluted EPS are as printed on the statements of operations.",
"operating_income on the statements of operations is after equity in earnings of integral unconsolidated affiliates, which the company presents within operating income.",
"Segment operating income (Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions) is before corporate and non-allocated costs, which include amortization of intangible assets, non-cash stock-based compensation and acquisition and integration costs; the two segments therefore do not sum to consolidated operating income. Segment revenues sum to consolidated revenues.",
"total_debt is derived: short-term debt and current maturities of long-term debt plus long-term debt, net of current maturities, as printed on the balance sheet. The June 30, 2026 balance sheet captions the current line 'Current maturities of long-term debt and short-term debt'; the December 31, 2025 and 2024 balance sheets caption it 'Current maturities of long-term debt'. The same field name is used for both.",
"shares_outstanding on each balance sheet is the common shares outstanding stated in the balance sheet's common stock caption.",
"free_cash_flow is derived as net cash provided by operating activities less gross capital expenditures. The company defines its own non-GAAP free cash flow as operating cash flow less NET capital expenditures (capital expenditures less proceeds from sales of and insurance settlements on property and equipment); that figure is stored separately as free_cash_flow_company_defined. For Q2 FY2026, Q2 FY2025 and both six-month periods it is as printed in the company's reconciliation in Exhibit 99.1 to the Form 8-K furnished July 30, 2026 (accession 0001193125-26-324855); for FY2023-FY2025 it is derived from the 10-K cash flow statement lines on the same definition.",
"Three-month cash flow figures for Q2 FY2026 and Q2 FY2025 (operating cash flow, capital expenditures, proceeds from sales of property and equipment, net capital expenditures, free cash flow) come from the earnings release furnished with the Form 8-K on July 30, 2026 (accession 0001193125-26-324855), because the Form 10-Q prints its cash flow statement for six-month periods only.",
"dividends_declared_per_share is from the statements of equity: $0.41, $0.37 and $0.33 for FY2025, FY2024 and FY2023 in the 10-K, and $0.11 per quarter in 2026 and $0.10 per quarter in 2025 in the 10-Q. The six-month amounts ($0.22 and $0.20) are the sum of the two quarters printed.",
"The trailing-twelve-month view is derived (FY2025 plus the first half of 2026 less the first half of 2025) and is not a figure the company prints.",
"No stock split, currency translation or ADR adjustment applies: Quanta Services reports in US dollars, its common stock trades directly on the NYSE, and no split occurred in the periods covered."
],
"uncertainties": [
"Discrete first-quarter 2026 and 2025 results are not presented as separate periods: the 10-Q's statements of operations print only the second quarter and the six-month totals.",
"Three-month cash flow figures rely on the earnings release rather than the 10-Q, which presents cash flows for six-month periods only."
],
"headline": {
"period": "Q2 FY2026",
"period_end_words": "June 30, 2026",
"metrics": [
{
"label": "Revenue",
"format": "usd",
"value": 9556997000,
"text": "$9.56 billion",
"exact": "$9,556,997,000",
"compact": "$9.56B",
"abs": "$9.56 billion",
"prior_value": 6773007000,
"prior": "$6.77 billion",
"priorabs": "$6.77 billion",
"yoy": "up 41.1%",
"source": {
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"field": "income_statement.revenue",
"index": 0,
"period_label": "Q2 FY2026",
"period_end": "2026-06-30",
"period_start": "2026-04-01",
"span_days": 90,
"source_accession": "0001050915-26-000025",
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"prior_period_end": "2025-06-30",
"prior_period_start": "2025-04-01",
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}
},
{
"label": "Net income",
"format": "usd",
"value": 451381000,
"text": "$451.38 million",
"exact": "$451,381,000",
"compact": "$451.38M",
"abs": "$451.38 million",
"prior_value": 229250000,
"prior": "$229.25 million",
"priorabs": "$229.25 million",
"yoy": "up 96.9%",
"source": {
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"index": 0,
"period_label": "Q2 FY2026",
"period_end": "2026-06-30",
"period_start": "2026-04-01",
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"prior_span_days": 90,
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}
},
{
"label": "Diluted EPS",
"format": "eps",
"value": 2.96,
"text": "$2.96",
"exact": "$2.96",
"compact": "$2.96",
"abs": "$2.96",
"prior_value": 1.52,
"prior": "$1.52",
"priorabs": "$1.52",
"yoy": "up 94.7%",
"source": {
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"field": "income_statement.diluted_eps",
"index": 0,
"period_label": "Q2 FY2026",
"period_end": "2026-06-30",
"period_start": "2026-04-01",
"span_days": 90,
"source_accession": "0001050915-26-000025",
"prior_index": 1,
"prior_period_label": "Q2 FY2025",
"prior_period_end": "2025-06-30",
"prior_period_start": "2025-04-01",
"prior_span_days": 90,
"prior_source_accession": "0001050915-26-000025",
"gap_days": 365
}
},
{
"label": "Operating income",
"format": "usd",
"value": 694834000,
"text": "$694.83 million",
"exact": "$694,834,000",
"compact": "$694.83M",
"abs": "$694.83 million",
"prior_value": 370282000,
"prior": "$370.28 million",
"priorabs": "$370.28 million",
"yoy": "up 87.6%",
"source": {
"array": "quarterly",
"field": "income_statement.operating_income",
"index": 0,
"period_label": "Q2 FY2026",
"period_end": "2026-06-30",
"period_start": "2026-04-01",
"span_days": 90,
"source_accession": "0001050915-26-000025",
"prior_index": 1,
"prior_period_label": "Q2 FY2025",
"prior_period_end": "2025-06-30",
"prior_period_start": "2025-04-01",
"prior_span_days": 90,
"prior_source_accession": "0001050915-26-000025",
"gap_days": 365
}
},
{
"label": "Electric segment revenue",
"format": "usd",
"value": 7837805000,
"text": "$7.84 billion",
"exact": "$7,837,805,000",
"compact": "$7.84B",
"abs": "$7.84 billion",
"prior_value": 5458074000,
"prior": "$5.46 billion",
"priorabs": "$5.46 billion",
"yoy": "up 43.6%",
"source": {
"array": "quarterly",
"field": "segments.electric.revenue",
"index": 0,
"period_label": "Q2 FY2026",
"period_end": "2026-06-30",
"period_start": "2026-04-01",
"span_days": 90,
"source_accession": "0001050915-26-000025",
"prior_index": 1,
"prior_period_label": "Q2 FY2025",
"prior_period_end": "2025-06-30",
"prior_period_start": "2025-04-01",
"prior_span_days": 90,
"prior_source_accession": "0001050915-26-000025",
"gap_days": 365
}
}
],
"summary": "Quanta Services reported $9.56 billion in revenue for Q2 FY2026, the quarter ended June 30, 2026, up 41.1% from a year earlier, as demand for its electric infrastructure work rose and acquired businesses added revenue. Net income attributable to common stock was $451.38 million, up 96.9%, or $2.96 per diluted share against $1.52, and operating income rose to $694.83 million from $370.28 million. Its Electric Infrastructure Solutions segment, the larger of its two segments, brought in $7.84 billion, up 43.6%.",
"qa": [
{
"q": "How much revenue did Quanta Services report in Q2 FY2026?",
"a": "Quanta Services reported $9.56 billion in revenue for Q2 FY2026, the quarter ended June 30, 2026. That is up 41.1% from $6.77 billion in the same quarter a year earlier."
},
{
"q": "What were Quanta Services' earnings per share in Q2 FY2026?",
"a": "Quanta Services earned $2.96 per diluted share in Q2 FY2026, compared with $1.52 a year earlier. Net income attributable to common stock was $451.38 million, up 96.9% from $229.25 million."
},
{
"q": "How much did Quanta Services' operating income grow in Q2 FY2026?",
"a": "Quanta Services' operating income was $694.83 million in Q2 FY2026, up 87.6% from $370.28 million in the same quarter a year earlier."
},
{
"q": "How much revenue did Quanta Services' Electric segment bring in during Q2 FY2026?",
"a": "Quanta Services' Electric Infrastructure Solutions segment reported $7.84 billion in revenue for Q2 FY2026, up 43.6% from $5.46 billion a year earlier."
}
]
},
"company_details": {
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"Ticker": "PWR",
"CIK": "0001050915",
"Exchange": "NYSE",
"State": "Texas",
"Incorporation": "Delaware",
"SIC": "1731",
"Office": "Real Estate & Construction",
"Industry": "Electrical Work"
},
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"income_before_income_taxes": "d2#f-149",
"provision_for_income_taxes": "d2#f-153",
"net_income": "d2#f-157",
"net_income_attributable_to_noncontrolling_interests": "d2#f-161",
"net_income_attributable_to_common_stock": "d2#f-812",
"basic_eps": "d2#f-169",
"diluted_eps": "d2#f-173",
"basic_weighted_average_shares": "d2#f-177",
"diluted_shares": "d2#f-181",
"dividends_declared_per_share": "d2#f-408"
},
"segments": {
"electric": {
"revenue": "d2#f-591",
"operating_income": "d2#f-606"
},
"underground_and_infrastructure": {
"revenue": "d2#f-592",
"operating_income": "d2#f-607"
}
}
}
]
}
}