Discontinued — last reported Q2 '23
Underground Utility and Infrastructure Solutions — Revenue
Quanta Services Underground Utility and Infrastructure Solutions — Revenue increased by 14.7% to $1.24B in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $1.11B to $1.24B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates strong demand for underground infrastructure services and successful project delivery, while a decrease may signal project delays or reduced utility capital expenditure.
Detailed definition
This metric represents the total revenue generated from the design, installation, and maintenance of underground utility...
Peer comparison
Comparable to infrastructure services revenue reported by peers in the utility construction and engineering sector.
pwr_segment_underground_utility_and_infrastructure_solutions_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $852.04M | $1.02B | $1.01B | $951.20M | $1.11B | $1.20B | $1.10B | $1.08B | $1.24B |
| QoQ Change | — | +20.3% | -1.4% | -5.9% | +16.5% | +8.1% | -8.5% | -1.1% | +14.7% |
| YoY Change | — | — | — | — | +30.1% | +17.0% | +8.6% | +14.0% | +12.2% |
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Frequently Asked Questions
- What is Quanta Services's underground utility and infrastructure solutions — revenue?
- Quanta Services (PWR) reported underground utility and infrastructure solutions — revenue of $1.24B in Q2 2023.
- How has Quanta Services's underground utility and infrastructure solutions — revenue changed year-over-year?
- Quanta Services's underground utility and infrastructure solutions — revenue increased by 12.2% year-over-year, from $1.11B to $1.24B.
- What does underground utility and infrastructure solutions — revenue mean?
- The total sales generated by the company's underground utility and infrastructure business segment.