Tax

Income Tax

Quanta Services Income Tax decreased by 75.8% to $24.93M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 37.5%, from $39.88M to $24.93M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 27.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.

Detailed definition

The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...

Peer comparison

Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$40.95M$61.58M$14.66M$6.56M$41.25M$72.89M$71.55M-$3.42M$69.37M$77.52M$75.80M$21.10M$75.20M$82.42M$106.03M$39.88M$85.10M$119.61M$103.00M$24.93M
QoQ Change+50.4%-76.2%-55.3%+529.2%+76.7%-1.8%-104.8%>999%+11.8%-2.2%-72.2%+256.5%+9.6%+28.6%-62.4%+113.4%+40.5%-13.9%-75.8%
YoY Change+0.7%+18.4%+388.0%-152.2%+68.2%+6.4%+5.9%+716.7%+8.4%+6.3%+39.9%+89.0%+13.2%+45.1%-2.9%-37.5%
Range-$3.42M$119.61M
CAGR-9.9%
Avg YoY Growth+75.8%
Median YoY Growth+10.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is Quanta Services's income tax?
Quanta Services (PWR) reported income tax of $24.93M in Q1 2026.
How has Quanta Services's income tax changed year-over-year?
Quanta Services's income tax decreased by 37.5% year-over-year, from $39.88M to $24.93M.
What is the long-term trend for Quanta Services's income tax?
Over 4 years (2021 to 2025), Quanta Services's income tax has grown at a 27.6% compound annual growth rate (CAGR), from $130.92M to $347.59M.
What does income tax mean?
The amount of money a company sets aside to pay its corporate income taxes.