Free cash flow
Quanta Services Free cash flow decreased by 81.6% to $171.65M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 55.4%, from $110.44M to $171.65M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 69.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $114.05M | -$56.74M | $97.10M | -$24.85M | -$2.84M | $237.40M | $492.97M | -$41.91M | $22.14M | $266.79M | $894.13M | $154.82M | $229.86M | $527.42M | $565.03M | $110.44M | $155.36M | $421.05M | $933.97M | $171.65M |
| QoQ Change | — | -149.7% | +271.1% | -125.6% | +88.6% | >999% | +107.6% | -108.5% | +152.8% | >999% | +235.1% | -82.7% | +48.5% | +129.5% | +7.1% | -80.5% | +40.7% | +171.0% | +121.8% | -81.6% |
| YoY Change | — | — | — | — | -102.5% | +518.4% | +407.7% | -68.7% | +878.6% | +12.4% | +81.4% | +469.4% | +938.4% | +97.7% | -36.8% | -28.7% | -32.4% | -20.2% | +65.3% | +55.4% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Quanta Services's free cash flow?
- Quanta Services (PWR) reported free cash flow of $171.65M in Q1 2026.
- How has Quanta Services's free cash flow changed year-over-year?
- Quanta Services's free cash flow increased by 55.4% year-over-year, from $110.44M to $171.65M.
- What is the long-term trend for Quanta Services's free cash flow?
- Over 4 years (2021 to 2025), Quanta Services's free cash flow has grown at a 69.5% compound annual growth rate (CAGR), from $196.54M to $1.62B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.