Quanta Services CapEx increased by 35.9% to $193.59M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 31.7%, from $146.99M to $193.59M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 12.1% CAGR.
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
cf_capital_expenditures| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $74.90M | $74.61M | $152.86M | $109.94M | $121.57M | $105.96M | $90.16M | $80.32M | $105.28M | $139.80M | $109.41M | $83.14M | $161.46M | $212.50M | $146.99M | $132.76M | $140.35M | $142.45M | $193.59M |
| QoQ Change | — | -0.4% | +104.9% | -28.1% | +10.6% | -12.8% | -14.9% | -10.9% | +31.1% | +32.8% | -21.7% | -24.0% | +94.2% | +31.6% | -30.8% | -9.7% | +5.7% | +1.5% | +35.9% |
| YoY Change | — | — | — | — | +62.3% | +42.0% | -41.0% | -26.9% | -13.4% | +31.9% | +21.3% | +3.5% | +53.4% | +52.0% | +34.3% | +59.7% | -13.1% | -33.0% | +31.7% |