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Quanta Services, Inc.

PWR
Exchange
NYSE
Industry
Electrical Work
SEC CIK
0001050915

No open-market purchases or sales by Quanta Services, Inc. insiders were filed in the last 90 days; 1,952 institutions reported holding it in 13F filings for Q2 2026, worth $95.7B in total; no superinvestor holds it.

Currency
USD
Source
SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
Updated
Oct 30, 2026, 1:16 AM ET

Revenue flow, FY2025

Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.

Income statement

Each column is one fiscal year, newest first.

Income statement of Quanta Services, Inc., annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing10-K10-K10-K10-K10-K
ReportedFeb 19, 2026Feb 20, 2025Feb 22, 2024Feb 23, 2023Feb 24, 2022
Revenue$28.5B$23.7B$20.9B$17.1B$13.0B
Cost of revenue$24.2B$20.2B$17.9B$14.5B$11.0B
Gross profit$4.28B$3.51B$2.94B$2.53B$1.95B
Selling, general and administrative$2.19B$1.82B$1.56B$1.34B$1.16B
Operating income$1.61B$1.35B$1.13B$872.1M$663.5M
Interest expense––$186.9M$124.4M$68.9M
Income tax$347.6M$284.7M$219.3M$192.2M$130.9M
Net income$1.03B$904.8M$744.7M$491.2M$486.0M
EPS, basic$6.91$6.16$5.13$3.42$3.45
EPS, diluted$6.80$6.03$5.00$3.32$3.34
Weighted shares, basic148.8M146.9M145.2M143.5M140.8M
Weighted shares, diluted151.3M150.1M148.8M148.0M145.4M
Margins and growth
Gross margin15.0%14.8%14.1%14.8%15.0%
Operating margin5.7%5.7%5.4%5.1%5.1%
Net margin3.6%3.8%3.6%2.9%3.7%
Revenue growth, year over year+20.3%+13.4%+22.3%+31.5%+15.9%
Net income growth, year over year+13.7%+21.5%+51.6%+1.1%+9.1%

Balance sheet

Each column is one fiscal year, newest first.

Balance sheet of Quanta Services, Inc., annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing10-K10-K10-K10-K10-K
ReportedFeb 19, 2026Feb 20, 2025Feb 22, 2024Feb 23, 2023Feb 24, 2022
Cash and equivalents$439.5M$742.0M$1.29B$428.5M$229.1M
Accounts receivable$6.85B$5.17B$4.41B$3.67B$3.40B
Inventory$370.4M$260.2M$175.7M$103.3M$84.7M
Total current assets$9.90B$7.85B$7.68B$5.54B$4.73B
Goodwill$7.32B$5.32B$4.05B$3.59B$3.53B
Intangible assets$2.91B$1.86B$1.36B$1.46B$1.80B
Total assets$24.9B$18.7B$16.2B$13.5B$12.9B
Short-term debt$763.9M$62.7M$535.2M$0$15.7M
Total current liabilities$8.72B$6.03B$5.21B$3.41B$3.16B
Total liabilities$15.9B$11.4B$9.95B$8.07B$7.74B
Shareholders' equity$9.03B$7.33B$6.28B$5.40B$5.12B

Cash flow statement

Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.

Cash flow statement of Quanta Services, Inc., annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021
Filing10-K10-K10-K10-K10-K
ReportedFeb 19, 2026Feb 20, 2025Feb 22, 2024Feb 23, 2023Feb 24, 2022
Operating cash flow$2.23B$2.08B$1.58B$1.13B$582.4M
Capital expenditures$609.2M$604.1M$434.8M$427.6M$385.9M
Free cash flow$1.62B$1.48B$1.14B$702.7M$196.5M
Stock-based compensation$181.9M$150.5M$126.8M$105.6M$88.3M
Dividends paid$60.4M$54.2M$47.8M$41.1M$34.0M
Share buybacks$134.6M$0$350.0K$127.8M$66.7M
Investing cash flow-$3.83B-$2.29B-$989.6M-$617.2M-$2.90B
Financing cash flow$1.27B-$305.6M$268.5M-$311.1M$2.36B
Net change in cash-$303.2M-$549.0M$861.8M$201.3M$45.1M
Ratio
Stock-based compensation, % of revenue0.6%0.6%0.6%0.6%0.7%

Shares outstanding

Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.

Shares outstanding for Quanta Services, Inc. by cover date
Cover dateShares outstandingChange in a yearFiling
Oct 26, 2026150.7M+1.0%SEC
Jul 27, 2026150.3M+0.9%SEC
Apr 27, 2026150.1M+1.3%SEC
Feb 16, 2026149.6M+1.0%SEC
Oct 27, 2025149.1M+1.0%SEC
Jul 28, 2025149.0M+1.1%SEC
Apr 28, 2025148.2M+1.2%SEC
Feb 17, 2025148.2M+1.7%SEC

Notes and known gaps

How these numbers are put together, and what they can't tell you.

  • Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
  • Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.

Known gaps

  • Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
  • EPS and share counts are as reported at the time, not adjusted for later stock splits.
  • For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
  • For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
  • Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
  • Depreciation and amortization is missing for some companies that report it under their own XBRL tags.