Quanta Services
Quanta Services is a leading provider of comprehensive infrastructure solutions for the electric power, underground utility, and communications industries. The company specializes in the design, engineering, procurement, and maintenance of critical infrastructure, including power grids, renewable energy facilities, and pipeline systems. Quanta serves as a primary partner for utilities and industrial customers, leveraging a decentralized model and a large fleet of specialized equipment to support large-scale capital programs and emergency restoration.
Financials
Based on Q1 2026 filing
Revenue
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Electric
primaryProvides comprehensive services for the electric power grid, renewable energy generation, and large load centers. This segment focuses on the modernization and hardening of transmission and distribution networks, as well as the integration of battery storage and smart grid technologies.
Substation Facilities, Utility-scale Wind and Solar Generation, Battery Storage Facilities, Energized Installation (Bare Hand and Hot Stick), Smart Grid Technologies, Aviation Services, Power Transformers, Circuit Breakers
Electric Utilities, Renewable Energy Developers, Hyperscalers, Technology Companies, Communications Providers
Underground Utility and Infrastructure
majorDelivers infrastructure solutions for the transportation, storage, and processing of natural gas, oil, and other products. It also provides mechanical and process infrastructure for large load centers like data centers and semiconductor manufacturing facilities.
Natural Gas Distribution Systems, Pipeline Integrity Testing, Catalyst Replacement Services, Critical-path Turnaround Services, Carbon Capture Systems, Hydrogen Infrastructure, Turnkey Mechanical and Plumbing Solutions
Gas Utilities, Midstream and Downstream Energy Companies, Petrochemical Companies, Healthcare Facilities, Semiconductor Manufacturers
Segment Financials
Electric — Segment Operating Income
View metricElectric — Equity in earnings of integral unconsolidated affiliates
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View metricUnderground and Infrastructure — Segment Operating Income
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View metricUnderground and Infrastructure — Segment operating expenses, (excluding depreciation expense)
View metricBusiness Overview
Competitive Position
Quanta is a market leader with a significant competitive advantage derived from its specialized craft labor workforce, proprietary energized-line technologies, and extensive geographic scale.
Geographies
United States, Canada, Australia
Customer Segments
Electric and Gas Utilities, Hyperscale Data Center Operators, Industrial Energy Companies, Governmental Entities
Upstream Dependencies
Specialty Construction Equipment Manufacturers, Steel, Copper, and Aluminum Suppliers, Solar Panel and Wind Turbine OEMs, Skilled Craft Labor Unions
Downstream Customers
Investor-owned Utilities, Municipal Power Agencies, Technology Hyperscalers, Telecommunications Carriers, Energy Pipeline Operators
Competitors & Partners
Competitors
EMCOR Group
EME
Competitor in electrical and mechanical construction services
MasTec
MTZ
Direct competitor in utility and communications infrastructure construction
Sterling Infrastructure, Inc.
STRL
Specialty infrastructure and electrical solutions competitor
AECOM
ACM
Global infrastructure and engineering services competitor
Fluor
FLR
Competitor in large-scale energy and industrial EPC projects
Partners
LUMA Energy, LLC
Joint venture partner for the operation and modernization of the electric transmission and distribution system in Puerto Rico
International Brotherhood of Electrical Workers
Labor union partner providing specialized apprenticeship and training programs
Subsidiaries
Dynamic Systems (DSI), LLC
Provider of turnkey mechanical, plumbing, and process infrastructure solutions
Cupertino Electric, Inc. (CEI)
Electrical infrastructure solutions provider for technology and renewable industries
Northwest Lineman College
Postsecondary educational institution for utility and communications training
Quanta Services FAQ
Common questions about Quanta Services
Quanta Services is a leading provider of comprehensive infrastructure solutions for the electric power, underground utility, and communications industries. The company specializes in the design, engineering, procurement, and maintenance of critical infrastructure, including power grids, renewable energy facilities, and pipeline systems. Quanta serves as a primary partner for utilities and industrial customers, leveraging a decentralized model and a large fleet of specialized equipment to support large-scale capital programs and emergency restoration.
Quanta Services (PWR) has a market capitalization of $108.56B and trades on NYSE.
Quanta Services generated $30.1B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 3.7%. Gross margin stands at 15.1%, with free cash flow of $1.7B. These figures are based on the Q1 2026 filing.
Quanta Services's key competitors include EMCOR Group, Inc., MasTec, Inc., Sterling Infrastructure, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Quanta Services has approximately 52,500 employees.