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Quanta Services PWR Long-term receivables, net

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Other financials

Income statement

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Revenue$9.6B+41.1%
Gross profit$1.5B+53.4%
Operating income$694.8M+87.6%
Net income$451.4M+96.9%
EPS (diluted)$2.96+94.7%

Balance sheet

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Cash & equivalents$512.1M-0.1%
Total debt$6.6B+28.9%
Total equity$9.6B+22.7%
Total assets$28.3B+42.2%

Cash flow

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Operating cash flow$1.1B+270%
CapEx$231.0M+64.6%
Free cash flow$864.5M+456%

Valuation

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Market cap$102.68B+77.8%
Enterprise value$108.81B+74.4%
P/E77.4×+18.0×
P/S3.1×+0.9×

Profitability

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Gross margin15.5%+0.4pp
Operating margin6.2%+0.5pp
Net margin4%+0.3pp
FCF margin7.3%+2.1pp

Returns & leverage

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Return on equity15.2%+1.7pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.3×

Where this comes from

Reported directly by Quanta Services in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerReceivableAfterAllowanceForCreditLossNoncurrent.

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

Certain contracts allow customers to withhold a small percentage of billings pursuant to retainage provisions, and such amounts are generally due upon completion of the contract and acceptance of the project by the customer. Based on Quanta’s experience in recent years, the majority of these retainage balances are expected to be collected within one year. Retainage balances with expected settlement dates within one year of June 30, 2026 and December 31, 2025 were $1.19 billion and $994.1 million, which are included in “Accounts receivable.” Retainage balances with expected settlement dates beyond one year were $312.7 million and $228.7 million as of June 30, 2026 and December 31, 2025 and are included in “Other assets, net.”

Item 1. Financial Statements (Unaudited)

FAQ

What is Quanta Services's long-term receivables, net?
Quanta Services (PWR) reported long-term receivables, net of $312.7M in Q2 2026.
What does long-term receivables, net mean?
This represents amounts owed to the company that are not expected to be collected within the next twelve months, net of any allowances for doubtful accounts. In the utility sector, this may include long-term financing arrangements or regulatory assets. It reflects the company's exposure to credit risk over an extended time horizon.

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