Quanta Services Operating Income decreased by 30.1% to $338.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 41.7%, from $239.08M to $338.78M. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 24.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $161.65M | $248.08M | $140.06M | $117.52M | $208.36M | $286.79M | $259.40M | $125.86M | $279.27M | $400.33M | $322.51M | $155.35M | $307.23M | $431.16M | $452.72M | $239.08M | $370.28M | $517.22M | $484.93M | $338.78M |
| QoQ Change | — | +53.5% | -43.5% | -16.1% | +77.3% | +37.6% | -9.6% | -51.5% | +121.9% | +43.3% | -19.4% | -51.8% | +97.8% | +40.3% | +5.0% | -47.2% | +54.9% | +39.7% | -6.2% | -30.1% |
| YoY Change | — | — | — | — | +28.9% | +15.6% | +85.2% | +7.1% | +34.0% | +39.6% | +24.3% | +23.4% | +10.0% | +7.7% | +40.4% | +53.9% | +20.5% | +20.0% | +7.1% | +41.7% |
| Segment | Q3 '21 | Q4 '21 | Q3 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Electric Power | $216.35M | $216.35M | $255.46M | $296.18M | $258.01M | $228.03M | $263.86M | $354.51M |
| Renewable Energy | $45.48M | $45.48M | $88.89M | $151.39M | $179.68M | $74.85M | $162.72M | $221.51M |
| Underground and Infrastructure | $37.54M | $37.54M | $101.35M | $123.76M | — | $46.89M | $81.59M | $93.96M |
| Total | $248.08M | $140.06M | $286.79M | $400.33M | $322.51M | $155.35M | $307.23M | $431.16M |
Electric Power, Renewable Energy, Underground and Infrastructure were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|
| Renewable Energy Infrastructure Solutions | $29.93M | $35.87M | $70.81M | $69.94M | $81.69M | $63.79M | $35.66M | $110.49M |
| Electric Power Infrastructure Solutions | — | $252.42M | $252.29M | $203.42M | $232.15M | $267.77M | — | — |
| Underground Utility and Infrastructure Solutions | — | $68.17M | $49.23M | $48.18M | $89.94M | — | — | — |
| Total | $161.65M | $248.08M | $140.06M | $117.52M | $208.36M | $259.40M | $125.86M | $279.27M |
Electric Power Infrastructure Solutions, Renewable Energy Infrastructure Solutions, Underground Utility and Infrastructure Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.