Quanta Services, Inc. (PWR)

NYSE: PWR · Electrical Work · Houston, TX · filing with the SEC since 1997

Grade4.4

◀ Past 4.9● Present 4.4▶ Future 3.5

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 19, 2026	Feb 20, 2025	Feb 22, 2024	Feb 23, 2023	Feb 25, 2022	Mar 1, 2021	Feb 28, 2020	Feb 28, 2019	Feb 28, 2018	Mar 1, 2017
Revenue	28,479,697	23,672,795	20,882,206	17,073,903	12,980,213	11,202,672	12,112,153	11,171,423	9,466,478	7,651,319
Cost of revenue	24,204,616	20,162,034	17,945,120	14,544,748	11,026,954	9,541,825	10,511,901	9,691,459	8,224,618	6,637,519
Gross profit	4,275,081	3,510,761	2,937,086	2,529,155	1,953,259	1,660,847	1,600,252	1,479,964	1,241,860	1,013,800
Selling, general and administrative	2,189,209	1,824,754	1,555,137	1,336,711	1,155,956	975,074	955,991	857,574	777,920	653,338
Operating income	1,611,509	1,346,468	1,127,976	872,058	663,521	611,371	554,874	540,269	378,849	320,813
Interest expense	261,445	202,687	186,913	124,363	68,899	45,013	66,890	36,945	20,946	14,887
Interest and investment income	15,702	32,404	10,830	2,606	3,194	2,449	927	1,555	832	2,423
Share of profit of equity-method investments	·	·	·	·	·	1,309	76,801	-52,867	-10,945	-979
Other income (expense), net	23,739	35,845	18,063	-46,415	25,085	2,539	83,376	-47,213	-4,978	-663^r
Income before income taxes	1,389,505	1,212,030	969,956	703,886	622,901	571,346	572,287	457,666	353,757	307,686
Income tax expense	347,588	284,747	219,267	192,243	130,918	119,387	165,472	161,659	35,532	107,246
Income from continuing operations	·	·	·	·	·	·	·	293,346	314,978	198,725
Income from discontinued operations	·	·	·	·	·	·	·	0	0	-342
Net income including non-controlling interests	1,041,917	927,283	750,689	511,643	491,983	451,959	406,815	296,007	318,225	200,098
Net income to non-controlling interests	13,539	22,459	6,000	20,454	6,027	6,363	4,771	2,661	3,247	1,715
Net income	1,028,378	904,824	744,689	491,189	485,956	445,596	402,044	293,346	314,978	·
Net income to common shareholders	1,028,378	904,824	744,689	491,189	485,956	445,596	402,044	293,346	314,978	198,383
Earnings per share, basic	6.91	6.16	5.13	3.42	3.45	3.15	2.76	1.92	2.02	1.26
Earnings per share, diluted	6.80	6.03	5.00	3.32	3.34	3.07	2.73	1.90	2.00	1.26
Earnings per share, basic and diluted	·	·	·	·	·	·	·	·	·	1.26
Weighted average shares, basic	148,790	146,929	145,222	143,488	140,824	141,380	145,710	152,963	156,124	157,287
Weighted average shares, diluted	151,291	150,056	148,823	147,992	145,373	145,247	147,534	154,226	157,155	157,288

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueServicesNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfServices

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton PWR · research, not advice