Quanta Services (PWR) financials
Quanta Services revenue and earnings by year
Quanta Services's revenue was $28.5 billion in the fiscal year to December 31, 2025, up 20.3% from the year before. Net income was $1.03 billion, 3.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 15.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.5 | 23.7 | 20.9 | 17.1 | 13.0 | 11.2 | 12.1 | 11.2 | 9.5 | 7.7 |
| Revenue growth | 20.3% | 13.4% | 22.3% | 31.5% | 15.9% | -7.5% | 8.4% | 18.0% | 23.7% | — |
| Gross profit | 4.3 | 3.5 | 2.9 | 2.5 | 2.0 | 1.7 | 1.6 | 1.5 | 1.2 | 1.0 |
| Gross margin | 15.0% | 14.8% | 14.1% | 14.8% | 15.0% | 14.8% | 13.2% | 13.2% | 13.1% | 13.3% |
| Operating income | 1.6 | 1.3 | 1.1 | 0.8 | 0.6 | 0.6 | 0.6 | 0.5 | 0.4 | 0.3 |
| Operating margin | 5.5% | 5.5% | 5.2% | 4.8% | 4.8% | 5.4% | 4.7% | 4.7% | 3.9% | 4.2% |
| Net income | 1.0 | 0.9 | 0.7 | 0.5 | 0.5 | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 |
| Net margin | 3.6% | 3.8% | 3.6% | 2.9% | 3.7% | 4.0% | 3.3% | 2.6% | 3.3% | 2.6% |
| Diluted EPS | $6.80 | $6.03 | $5.00 | $3.32 | $3.34 | $3.07 | $2.73 | $1.90 | $2.00 | $1.28 |
| Free cash flow | 1.6 | 1.5 | 1.1 | 0.7 | 0.2 | 0.9 | 0.3 | 0.1 | 0.2 | 0.2 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PWR in Markets.
How Quanta Services makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Electric | $9.80B | 81.6% |
| Underground & Infrastructure | $2.22B | 18.4% |
See also: PWR valuation and P/E history · PWR returns
No forecast, no recommendation. This page describes Quanta Services from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.