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Quanta Services PWR Contract Assets
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Where this comes from
Reported directly by Quanta Services in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The source filing: Quanta Services’s 10-Q, filed July 30, 2026.
- Filed
- Jul 30, 2026, 10:07 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001050915-26-000025
| Line item | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Current Assets: | ||
| Cash and cash equivalents | $506,431 | $439,508 |
| Accounts receivable, net | 8,532,311 | 6,847,091 |
| Contract assets | 1,534,265 | 1,522,186 |
| Inventories | 469,865 | 370,372 |
| Prepaid expenses and other current assets | 816,882 | 724,260 |
| Total current assets | 11,859,754 | 9,903,417 |
| Property and equipment, net | 3,697,411 | 3,455,204 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Quanta Services's contract assets?
- Quanta Services (PWR) reported contract assets of $1.53B in Q2 2026.
- How has Quanta Services's contract assets changed year-over-year?
- Quanta Services's contract assets increased by 13.9% year-over-year, from $1.35B to $1.53B.
- What is the long-term trend for Quanta Services's contract assets?
- Over 5 years (2020 to 2025), Quanta Services's contract assets has grown at a 27.4% compound annual growth rate (CAGR), from $453.83M to $1.52B.
- What does contract assets mean?
- Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.
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