Quanta Services (PWR) financial statements
- FY2025 revenue
- $28.5B▲ +20.3%
- FY2025 net income
- $1.0B▲ +13.7%
- FY2025 diluted EPS
- $6.80▲ +12.8%
- FY2025 free cash flow
- $1.6B▲ +9.7%
Quanta Services income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 28,480 | 23,673 | 20,882 |
| Gross profit | 4,275 | 3,511 | 2,937 |
| Operating income | 1,612 | 1,346 | 1,128 |
| Pretax income | 1,390 | 1,212 | 970 |
| Net income | 1,028 | 905 | 745 |
| Diluted earnings per share | 6.80 | 6.03 | 5.00 |
Quanta Services balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 440 | 742 | 1,290 |
| Total assets | 24,927 | 18,684 | 16,237 |
| Total liabilities | 15,899 | 11,354 | 9,954 |
| Total equity | 9,028 | 7,330 | 6,283 |
| Long-term debt | 5,231 | 4,100 | 3,664 |
Quanta Services cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 2,230 | 2,081 | 1,576 |
| Capital expenditure | -609 | -604 | -435 |
| Free cash flow (derived) | 1,621 | 1,477 | 1,141 |
| Dividends paid | -60 | -54 | -48 |
| Share repurchases | -135 | 0 | -0 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 12,015 | 9,557 | 7,875 | 7,842 |
| Operating income (derived) | 1,027 | 695 | 339 | 485 |
| Net income (derived) | 695 | 460 | 231 | 315 |
| Diluted earnings per share | 4.55 | 2.96 | 1.45 | n/a |
| Operating cash flow (derived) | 1,454 | 1,095 | 392 | 1,128 |
| Total assets | 32,749 | 28,292 | 25,747 | 24,927 |
Quanta Services major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.5% | 11,160,325 | 30 April 2026 |
Quanta Services 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 29 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 29 October 2026 | 8-K | Current report | Current report |
| 15 September 2026 | 8-K | Current report | Current report |
| 6 August 2026 | 8-K | Current report | Current report |
| 4 August 2026 | 8-K | Current report | Current report |
| 30 July 2026 | 10-Q | Quarterly report | Quarterly report |
| 30 July 2026 | 8-K | Current report | Current report |
| 27 May 2026 | 8-K | Current report | Current report |
Common questions
What was Quanta Services' revenue in fiscal 2025?
Quanta Services reported $28.5 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 20.3% from fiscal 2024.
What was Quanta Services' net income in fiscal 2025?
Quanta Services reported net income of $1.0 billion for fiscal 2025, the year ended 31 December 2025, up 13.7% from fiscal 2024. Diluted earnings per share were $6.80.
What was Quanta Services' free cash flow in fiscal 2025?
Quanta Services had $1.6 billion in free cash flow in fiscal 2025. Operating cash flow was $2.2 billion and capital expenditure was $609 million.
What were Quanta Services' total assets at the end of fiscal 2025?
Quanta Services reported total assets of $24.9 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much Quanta Services history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
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