Other

Unrecognized tax benefits

Quanta Services Unrecognized tax benefits decreased by 6.4% to $78.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $77.70M to $78.60M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ2 2017
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests more aggressive tax positions or increased scrutiny from tax authorities, while a decrease indicates resolution of tax uncertainties.

Detailed definition

Represents the total amount of tax benefits that have been taken or are expected to be taken in tax returns but have not...

Peer comparison

Standard disclosure for large multinational corporations; peers with complex global tax structures typically report significant balances.

Metric ID: other_unrecognized_tax_benefits

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$39.10M$40.60M$40.20M$42.30M$42.30M$44.10M$46.30M$49.30M$47.40M$50.10M$57.00M$77.70M$81.60M$84.00M$78.60M
QoQ Change+3.8%-1.0%+5.2%+0.0%+4.3%+5.0%+6.5%-3.9%+5.7%+13.8%+36.3%+5.0%+2.9%-6.4%
YoY Change+8.2%+4.2%+9.7%+9.5%+16.5%+7.5%+8.2%+15.6%+63.9%+62.9%+47.4%+1.2%
Range$39.10M$84.00M
CAGR+22.1%
Avg YoY Growth+21.2%
Median YoY Growth+9.6%

Frequently Asked Questions

What is Quanta Services's unrecognized tax benefits?
Quanta Services (PWR) reported unrecognized tax benefits of $78.60M in Q1 2026.
How has Quanta Services's unrecognized tax benefits changed year-over-year?
Quanta Services's unrecognized tax benefits increased by 1.2% year-over-year, from $77.70M to $78.60M.
What does unrecognized tax benefits mean?
The total value of tax positions taken that are not yet fully recognized in financial reporting due to uncertainty.