The financials
Quanta Services by the numbers
Quanta Services (PWR) reported revenue of $9.56B in Q2 2026 (quarter ended Jun 30, 2026), up 41% from the same quarter a year earlier. That came with a gross margin of 16% and net income of $460M (4.8% of revenue). For the full year FY2025, revenue was $28.5B (+20% year on year) and net income $1.04B. Its largest segment in Q2 2026 was Electric at $7.84B, 82% of the disclosed total, well ahead of Underground And Infrastructure at 18%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $9.56B | $6.77B | +41% |
| Gross profit | $1.55B | $1.01B | +53% |
| Operating income | $695M | $370M | +88% |
| Net income | $460M | $234M | +97% |
| Diluted EPS | $2.96 | $1.52 | +95% |
| Operating | Revenue | Share |
|---|---|---|
| Electric | $7.84B | 82% |
| Underground And Infrastructure | $1.72B | 18% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $9.56B (+21%)
Electric grew +44% year on yearUnderground And Infrastructure +31% year on year
Segment Latestquarter on quarteryear on year
- Electric$7.84B$7.84BQoQ +21%year on year +44%+21%+44%
- Underground And Infrastructure$1.72B$1.72BQoQ +22%year on year +31%+22%+31%
Engineering & Construction
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