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Quanta Services PWR Q1 2026 earnings

Reported April 30, 2026 · Before market open

Revenue$7.9BBeat by $873.0M
EPS$2.68Beat by $0.64
Revenue estimate$7.0B
EPS estimate$2.04
“Quanta delivered an exceptional first quarter, reflected by strong double-digit growth in revenue, adjusted EBITDA and adjusted earnings per share, along with record backlog of $48.5 billion. In particular, revenue growth and margin performance exceeded our expectations across both segments, demonstrating the power of our differentiated, solutions-based operating model and the execution certainty our craft-skilled workforce delivers for our customers every day. Based on this strong start to the year and improved visibility, we are increasing our full-year 2026 financial expectations and remain on track to deliver another year of double-digit earnings per share growth,”
Duke Austin

Next report

Oct 29, 2026 (In 3 weeks)
Revenue estimate$10.9B
EPS estimate$4.95

Financials

Q1 2026

Income statement

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Revenue$7.9B+26.3%
Gross profit$1.1B+32.8%
Operating income$338.8M+41.7%
Net income$220.6M+52.9%
EPS (diluted)$1.45+51.0%

Balance sheet

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Cash & equivalents$369.8M-29.3%
Total debt$6.4B+32.5%
Total equity$9.0B+21.3%
Total assets$25.7B+34.6%

Cash flow

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Operating cash flow$391.7M+61.1%
CapEx$220.1M+65.8%
Free cash flow$171.7M+55.4%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$82.14B+118%
Enterprise value$88.13B+110%
P/E74.4×+33.9×
P/S2.7×+1.2×

Profitability

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Gross margin15.1%+0.1pp
Operating margin5.7%-0.1pp
Net margin3.7%-0.1pp
FCF margin5.6%-0.2pp

Returns & leverage

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Return on equity13.4%-0.1pp
Debt / equity0.7×+0.1×
Current ratio1.1×-0.2×

Segments

By segment

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Electric$6.5B+30.8%
Underground and Infrastructure (1)$1.4B+9.1%

FAQ

When did Quanta Services report Q1 2026 earnings?
Quanta Services (PWR) reported Q1 2026 earnings on April 30, 2026 before market open.
What were Quanta Services's Q1 2026 revenue and EPS?
Quanta Services reported revenue of $7.9B and eps of $2.68 for Q1 2026.
Did Quanta Services beat estimates in Q1 2026?
Revenue beat the consensus estimate of $7.0B by $873.0M. EPS beat the consensus estimate of $2.04 by $0.64.
How did Quanta Services's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 26.3% from $6.2B a year earlier and eps grew 50.6% from $1.78.
Where can I find Quanta Services's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-193918) and the 10-Q periodic report (0001050915-26-000016) directly on SEC EDGAR. The filing index links above go to sec.gov.