Quanta Services, Inc. (PWR) Financial Statements
Industry: Electrical Work
In fiscal 2025, Quanta Services reported revenue of $28.48B, up 20.3% from $23.67B the year before. Net income was $1.03B (a 3.6% net margin), or $6.80 per diluted share. Gross margin was 15.0% and operating margin was 5.7%. Operating activities generated $2.23B of cash, leaving $1.62B of free cash flow. At fiscal year end, Quanta Services held $24.93B in total assets against $15.90B in total liabilities, including $439.5M of cash and equivalents.
Open the full interactive Quanta Services financials → Quarterly statements, key ratios, valuation history and price charts.
Quanta Services Key Stats
| Share Price | $688.88 |
|---|---|
| Market Cap | $105.01B |
| P/E Ratio | 101.3 |
| Revenue YoY Growth | +20.3% |
| 52-Week Range | $411.89 – $784.99 |
| Shares Outstanding | 150.2 million (basic, 2026 Q2) |
Quanta Services Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $11.20B | $12.98B | $17.07B | $20.88B | $23.67B | $28.48B |
| Cost of Goods Sold | $9.54B | $11.03B | $14.54B | $17.95B | $20.16B | $24.20B |
| Gross Profit | $1.66B | $1.95B | $2.53B | $2.94B | $3.51B | $4.28B |
| Operating Income | $611.4M | $663.5M | $872.1M | $1.13B | $1.35B | $1.61B |
| Pre-Tax Income | $571.3M | $622.9M | $703.9M | $970.0M | $1.21B | $1.39B |
| Income Tax | $119.4M | $130.9M | $192.2M | $219.3M | $284.7M | $347.6M |
| Net Income | $445.6M | $486.0M | $491.2M | $744.7M | $904.8M | $1.03B |
| Diluted EPS | $3.07 | $3.34 | $3.32 | $5.00 | $6.03 | $6.80 |
Quanta Services Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $7.63B | $7.84B | $7.87B | $9.56B |
| Net Income | $339.4M | $315.4M | $220.6M | $451.4M |
| Diluted EPS | $2.24 | $2.09 | $1.45 | $2.96 |
Quanta Services Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $184.6M | $229.1M | $428.5M | $1.29B | $742.0M | $439.5M |
| Current Assets | $3.59B | $4.73B | $5.54B | $7.68B | $7.85B | $9.90B |
| Total Assets | $8.40B | $12.86B | $13.46B | $16.24B | $18.68B | $24.93B |
| Current Liabilities | $2.14B | $3.16B | $3.41B | $5.21B | $6.03B | $8.72B |
| Total Long-Term Debt | $1.18B | $3.74B | $3.73B | $4.20B | $4.16B | $5.99B |
| Total Liabilities | $4.05B | $7.74B | $8.07B | $9.95B | $11.35B | $15.90B |
| Shareholders' Equity | $4.34B | $5.11B | $5.38B | $6.27B | $7.32B | $8.94B |
Quanta Services Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.12B | $582.4M | $1.13B | $1.58B | $2.08B | $2.23B |
| Cash From Investing | -$499.3M | -$2.90B | -$617.2M | -$989.6M | -$2.29B | -$3.83B |
| Cash From Financing | -$601.4M | $2.36B | -$311.1M | $268.5M | -$305.6M | $1.27B |
| Free Cash Flow | $855.9M | $196.5M | $702.7M | $1.14B | $1.48B | $1.62B |
Figures from Quanta Services' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Quanta Services financials page for every line item.
Quanta Services Company Profile
| Ticker | PWR |
|---|---|
| Exchange | NYSE |
| Industry | Electrical Work |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001050915 |
Frequently Asked Questions
What was Quanta Services' revenue in fiscal 2025?
Quanta Services (PWR) reported revenue of $28.48B for fiscal 2025.
What is Quanta Services' annual revenue history?
Quanta Services' annual revenue by fiscal year: 2020: $11.20B; 2021: $12.98B; 2022: $17.07B; 2023: $20.88B; 2024: $23.67B; 2025: $28.48B.
What was Quanta Services' net income in fiscal 2025?
Quanta Services reported net income of $1.03B for fiscal 2025.
What was Quanta Services' earnings per share (EPS) in fiscal 2025?
Quanta Services' diluted EPS was $6.80 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Quanta Services generate in fiscal 2025?
Quanta Services generated $1.62B of free cash flow in fiscal 2025.
What was Quanta Services' revenue last quarter?
In its most recent reported quarter (2026 Q2), Quanta Services reported revenue of $9.56B.
How much debt does Quanta Services have?
Quanta Services reported $5.99B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Quanta Services are outstanding?
Quanta Services reported a weighted average of 150.2 million basic shares outstanding in 2026 Q2.
What is Quanta Services' market cap?
Based on its latest closing price, Quanta Services (PWR) has a market capitalization of about $105.01B.
When does Quanta Services' fiscal year end?
Quanta Services' fiscal year end, as registered with the SEC, is December 31.
Where is Quanta Services headquartered?
Quanta Services lists its business address in Houston, Texas in its SEC filings.