QUANTA SERVICES, INC. 2026: Revenue $9.56B, EPS $2.96— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Quanta Services reported Q2 2026 results with revenue surging 41.1% YoY to $9.56B and diluted EPS rising 94.7% to $2.96, driven by strong demand in Electric and Underground segments. The company completed acquisitions like Dynamic Systems, expanding capabilities, while its backlog grew to $53.44B, bolstering near-term revenue visibility.
Quanta Services, Inc. reported results for 2026 showing strong year-over-year growth as consolidated revenue rose to $9.56B and diluted EPS increased to $2.96, supported by robust demand across its Electric and Underground businesses.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $9.56B | $6.77B | 41.1% |
| Net income² | $451.38M | $229.25M | 96.9% |
| Diluted EPS³ | $2.96 | $1.52 | 94.7% |
¹ Reported as “Revenues”. ² Reported as “Net income attributable to common stock”. ³ Reported as “Diluted earnings per share attributable to common stock”.
Business Highlights
- Revenue growth was driven by strong demand across Electric and Underground segments, with consolidated revenues up about 41% sequentially and 34% year-to-date.
- Electric work now represents roughly 82% of revenues, led by transmission, substation and data center projects.
- Company completed multiple acquisitions, including Dynamic Systems, expanding civil, mechanical and turnkey capabilities.
- Backlog increased to $53.44B with remaining performance obligations of $33.55B, enhancing near- to mid-term revenue visibility.
Original SEC Filing: QUANTA SERVICES, INC. [ PWR ] - 10-Q - Jul. 30, 2026