Quanta Services, Inc. (PWR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 7.87B | 7.84B | 7.51B | 6.77B | 6.23B | 6.55B | 6.49B | 5.59B | 5.03B | 5.78B | 5.62B | 5.05B | 4.43B | 4.42B | 4.46B | 4.23B | 3.97B | 3.92B | 3.35B | 3B |
| Revenue Growth % | 26.33% | 19.63% | 15.59% | 21.07% | 23.88% | 13.3% | 15.52% | 10.81% | 13.62% | 30.96% | 26.03% | 19.3% | 11.68% | 12.57% | 33% | 41.08% | 46.68% | 34.73% | 11.03% | 19.69% |
| Cost of Goods Sold | 6.77B | 6.86B | 6.41B | 5.88B | 5.51B | 5.61B | 5.59B | 4.86B | 4.49B | 5.07B | 4.84B | 4.39B | 3.93B | 3.81B | 3.84B | 3.72B | 3.53B | 3.43B | 2.84B | 2.57B |
| COGS % of Revenue | 85.94% | 87.44% | 85.47% | 86.79% | 88.38% | 85.54% | 86.11% | 86.91% | 89.15% | 87.6% | 86.19% | 87.04% | 88.69% | 86.31% | 86.06% | 87.79% | 89.1% | 87.31% | 84.73% | 85.79% |
| Gross Profit | 1.11B | 985M | 1.09B | 894.4M | 724.48M | 947.55M | 902.15M | 732.12M | 545.98M | 717.24M | 775.96M | 654.07M | 500.79M | 604.43M | 621.68M | 516.64M | 432.42M | 498.03M | 511.9M | 426.42M |
| Gross Margin % | 14.06% | 12.56% | 14.53% | 13.21% | 11.62% | 14.46% | 13.89% | 13.09% | 10.85% | 12.4% | 13.81% | 12.96% | 11.31% | 13.69% | 13.94% | 12.21% | 10.9% | 12.69% | 15.27% | 14.21% |
| Gross Profit Growth % | 52.85% | 3.95% | 20.84% | 22.17% | 32.69% | 32.11% | 16.26% | 11.93% | 9.02% | 18.66% | 24.82% | 26.6% | 15.81% | 21.36% | 21.45% | 21.16% | 23.01% | 12.03% | 4.94% | 26.35% |
| Operating Expenses | 773.11M | 500M | 572.95M | 503.76M | 480.19M | 501.65M | 476.16M | 423.21M | 389.37M | 383.38M | 382.37M | 382.56M | 365.49M | 336.96M | 307.59M | 309.05M | 309.76M | 367.65M | 274.85M | 270.11M |
| OpEx % of Revenue | 9.82% | 6.38% | 7.63% | 7.44% | 7.7% | 7.65% | 7.33% | 7.56% | 7.74% | 6.63% | 6.8% | 7.58% | 8.25% | 7.63% | 6.9% | 7.3% | 7.81% | 9.37% | 8.2% | 9% |
| Selling, General & Admin | 620.73M | 500M | 572.95M | 503.76M | 480.19M | 501.65M | 476.16M | 423.21M | 389.37M | 383.38M | 382.37M | 382.56M | 365.49M | 336.96M | 307.59M | 309.05M | 309.76M | 367.65M | 274.85M | 270.11M |
| SG&A % of Revenue | 7.88% | 6.38% | 7.63% | 7.44% | 7.7% | 7.65% | 7.33% | 7.56% | 7.74% | 6.63% | 6.8% | 7.58% | 8.25% | 7.63% | 6.9% | 7.3% | 7.81% | 9.37% | 8.2% | 9% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 334.22M | 485M | 517.22M | 390.64M | 244.28M | 445.91M | 425.99M | 308.91M | 156.61M | 333.87M | 393.59M | 271.51M | 135.31M | 267.48M | 314.1M | 207.59M | 122.66M | 130.39M | 237.06M | 156.31M |
| Operating Margin % | 4.24% | 6.19% | 6.89% | 5.77% | 3.92% | 6.8% | 6.56% | 5.52% | 3.11% | 5.77% | 7% | 5.38% | 3.06% | 6.06% | 7.04% | 4.91% | 3.09% | 3.32% | 7.07% | 5.21% |
| Operating Income Growth % | 36.82% | 8.77% | 21.42% | 26.46% | 55.98% | 33.56% | 8.23% | 13.77% | 15.75% | 24.82% | 25.31% | 30.79% | 10.31% | 105.14% | 32.5% | 32.81% | 13.39% | -32.27% | -4.32% | 42.58% |
| EBITDA | 343.38M | 610M | 817.93M | 602.54M | 451.96M | 658.56M | 626.39M | 471.77M | 323.02M | 494.13M | 546.44M | 421.41M | 286.09M | 402.83M | 454.75M | 389.5M | 309.37M | 299.38M | 321.45M | 240.36M |
| EBITDA Margin % | 4.36% | 7.78% | 10.9% | 8.9% | 7.25% | 10.05% | 9.65% | 8.43% | 6.42% | 8.54% | 9.72% | 8.35% | 6.46% | 9.12% | 10.2% | 9.2% | 7.8% | 7.63% | 9.59% | 8.01% |
| EBITDA Growth % | -24.02% | -7.37% | 30.58% | 27.72% | 39.92% | 33.28% | 14.63% | 11.95% | 12.91% | 22.66% | 20.16% | 8.2% | -7.52% | 34.55% | 41.47% | 62.05% | 61.43% | 9.3% | -0.7% | 32.11% |
| D&A (Non-Cash Add-back) | 9.16M | 125M | 300.71M | 211.9M | 207.68M | 212.65M | 200.4M | 162.87M | 166.41M | 160.26M | 152.85M | 149.9M | 150.78M | 135.36M | 140.65M | 181.9M | 186.71M | 169M | 84.39M | 84.05M |
| EBIT | 329.62M | 515.75M | 534.25M | 378.2M | 243.16M | 472.66M | 441.39M | 312.4M | 188.26M | 338.91M | 398.58M | 284.14M | 135.24M | 283.11M | 262.77M | 166.05M | 116.31M | 147.01M | 254.24M | 173.03M |
| Net Interest Income | -70.36M | -71.39M | -68.08M | -55.8M | -50.47M | -42.76M | -52.71M | -41.76M | -33.05M | -43.63M | -45.54M | -46.74M | -40.18M | -35.55M | -33.13M | -28.42M | -24.66M | -25.96M | -17.19M | -10.2M |
| Interest Income | 2.91M | 4.36M | 3.72M | 3.78M | 3.84M | 13.59M | 7.24M | 3.56M | 8.02M | 5.87M | 1.99M | 1.45M | 1.52M | 1.88M | 436K | 222K | 69K | 96K | 72K | 2.91M |
| Interest Expense | 73.27M | 75.75M | 71.81M | 59.58M | 54.31M | 56.34M | 59.95M | 45.32M | 41.07M | 49.5M | 47.53M | 48.19M | 41.69M | 37.43M | 33.57M | 28.64M | 24.73M | 26.06M | 17.26M | 13.11M |
| Other Income/Expense | -77.87M | -45M | -54.77M | -72.02M | -55.44M | -29.59M | -44.54M | -41.82M | -9.43M | -44.46M | -42.54M | -35.56M | -41.76M | -21.79M | -84.89M | -70.18M | -31.08M | -9.43M | -79K | 3.61M |
| Pretax Income | 256.36M | 440M | 462.44M | 318.62M | 188.85M | 416.32M | 381.44M | 267.08M | 147.19M | 289.41M | 351.05M | 235.95M | 93.55M | 245.68M | 229.21M | 137.41M | 91.58M | 120.96M | 236.98M | 159.92M |
| Pretax Margin % | 3.26% | 5.61% | 6.16% | 4.7% | 3.03% | 6.35% | 5.87% | 4.77% | 2.93% | 5% | 6.25% | 4.67% | 2.11% | 5.56% | 5.14% | 3.25% | 2.31% | 3.08% | 7.07% | 5.33% |
| Income Tax | 24.93M | 124.5M | 119.61M | 85.1M | 39.88M | 106.03M | 82.42M | 75.2M | 21.1M | 75.8M | 77.52M | 69.37M | -3.42M | 71.55M | 72.89M | 41.25M | 6.56M | 14.66M | 61.58M | 40.95M |
| Effective Tax Rate % | 9.72% | 28.3% | 25.86% | 26.71% | 21.12% | 25.47% | 21.61% | 28.16% | 14.33% | 26.19% | 22.08% | 29.4% | -3.66% | 29.12% | 31.8% | 30.02% | 7.16% | 12.12% | 25.99% | 25.61% |
| Net Income | 231.43M | 315.5M | 339.42M | 229.25M | 144.26M | 305.12M | 293.19M | 188.16M | 118.36M | 210.91M | 272.84M | 165.9M | 95.05M | 162.57M | 155.96M | 88.02M | 84.64M | 104.8M | 174.37M | 117.03M |
| Net Margin % | 2.94% | 4.02% | 4.52% | 3.38% | 2.31% | 4.66% | 4.52% | 3.36% | 2.35% | 3.65% | 4.85% | 3.29% | 2.15% | 3.68% | 3.5% | 2.08% | 2.13% | 2.67% | 5.2% | 3.9% |
| Net Income Growth % | 60.43% | 3.4% | 15.77% | 21.84% | 21.88% | 44.67% | 7.46% | 13.42% | 24.53% | 29.73% | 74.94% | 88.48% | 12.29% | 55.13% | -10.56% | -24.79% | -5.7% | -38.37% | 7.03% | 58.27% |
| Net Income (Continuing) | 231.43M | 315.5M | 342.84M | 233.52M | 148.97M | 310.29M | 299.02M | 191.88M | 126.09M | 213.61M | 273.52M | 166.58M | 96.97M | 174.14M | 156.32M | 96.16M | 85.03M | 106.3M | 175.4M | 118.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 98.35M | 89.63M | 8.01M | 11.17M | 15.71M | 11.99M | 18.41M | 13.44M | 10.65M | 11.11M | 8.54M | 8.05M | 8.54M | 15.36M | 5.51M | 12.76M | 4.47M | 4.62M | 3.12M | 3.06M |
| EPS (Diluted) | 1.45 | 2.08 | 2.24 | 1.52 | 0.96 | 2.03 | 1.95 | 1.26 | 0.79 | 1.42 | 1.83 | 1.12 | 0.64 | 1.10 | 1.06 | 0.59 | 0.57 | 0.71 | 1.21 | 0.81 |
| EPS Growth % | 51.04% | 2.46% | 14.87% | 20.63% | 21.52% | 42.96% | 6.56% | 12.5% | 23.44% | 29.09% | 72.64% | 89.83% | 12.28% | 54.93% | -12.4% | -27.16% | -8.06% | -39.32% | 7.08% | 55.77% |
| EPS (Basic) | 1.47 | 2.08 | 2.28 | 1.54 | 0.97 | 2.06 | 1.99 | 1.28 | 0.81 | 1.45 | 1.88 | 1.14 | 0.66 | 1.14 | 1.09 | 0.61 | 0.59 | 0.73 | 1.25 | 0.83 |
| Diluted Shares Outstanding | 152.09M | 151.68M | 151.5M | 150.94M | 150.96M | 150.62M | 150.56M | 149.79M | 149.35M | 148.91M | 148.79M | 148.77M | 148.66M | 147.54M | 147.68M | 148.21M | 148.08M | 147.83M | 144.3M | 144.61M |
| Basic Shares Outstanding | 149.78M | 151.68M | 149.04M | 148.36M | 148.27M | 147.79M | 147.39M | 146.58M | 145.94M | 145.53M | 145.46M | 145.42M | 144.47M | 143.21M | 143.35M | 143.85M | 143.54M | 142.87M | 140.01M | 140.28M |
| Dividend Payout Ratio | 7.42% | 4.76% | 4.44% | 6.48% | 10.72% | 4.4% | 4.69% | 7.05% | 11.61% | 5.54% | 4.24% | 7.04% | 13.48% | 6.19% | 6.46% | 11.46% | 12.81% | 8.01% | 4.83% | 7.19% |