Depreciation
Quanta Services Depreciation increased by 2.2% to $113.29M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.5%, from $98.11M to $113.29M. Over 4 years (FY 2021 to FY 2025), Depreciation shows an upward trend with a 12.7% CAGR.
Analysis
How to read this metric
Higher depreciation relative to capital expenditures may suggest aging assets, while lower levels relative to revenue may indicate high asset efficiency.
Detailed definition
Depreciation is a non-cash accounting charge that allocates the cost of tangible assets over their useful lives. It refl...
Peer comparison
Standardized for capital-intensive industries; peers in manufacturing typically show significant depreciation expenses.
operating_depreciationHistorical 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 | $62.76M | $61.62M | $69.05M | $70.95M | $73.96M | $73.51M | $72.23M | $78.38M | $79.88M | $81.49M | $85.04M | $88.90M | $83.65M | $89.98M | $96.84M | $98.11M | $98.73M | $103.88M | $110.82M | $113.29M |
| QoQ Change | — | -1.8% | +12.1% | +2.8% | +4.2% | -0.6% | -1.7% | +8.5% | +1.9% | +2.0% | +4.4% | +4.5% | -5.9% | +7.6% | +7.6% | +1.3% | +0.6% | +5.2% | +6.7% | +2.2% |
| YoY Change | — | — | — | — | +17.8% | +19.3% | +4.6% | +10.5% | +8.0% | +10.9% | +17.7% | +13.4% | +4.7% | +10.4% | +13.9% | +10.4% | +18.0% | +15.4% | +14.4% | +15.5% |
Business Segments — Electric Power
| Segment | Q3 '21 | Q4 '21 | Q3 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Electric Power | $35.27M | $35.27M | $35.90M | $38.23M | $46.82M | $40.45M | $40.21M | $42.12M |
| Underground and Infrastructure | $20.93M | $20.93M | $20.31M | $23.94M | — | $24.99M | $17.74M | $21.41M |
| Renewable Energy | $3.51M | $3.51M | $11.21M | $15.81M | $17.02M | $17.80M | $19.88M | $20.62M |
| Total | $61.62M | $69.05M | $73.51M | $81.49M | $85.04M | $88.90M | $83.65M | $89.98M |
Electric Power, Renewable Energy, Underground and Infrastructure were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Electric Power Infrastructure Solutions
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|
| Renewable Energy Infrastructure Solutions | $2.29M | $2.34M | $7.15M | $8.23M | $10.18M | $10.91M | $10.86M | $10.68M |
| Electric Power Infrastructure Solutions | — | $34.86M | $37.04M | $36.78M | $36.78M | $39.70M | — | — |
| Underground Utility and Infrastructure Solutions | — | $20.96M | $20.54M | $20.94M | $20.67M | — | — | — |
| Total | $62.76M | $61.62M | $69.05M | $70.95M | $73.96M | $72.23M | $78.38M | $79.88M |
Electric Power Infrastructure Solutions, Renewable Energy Infrastructure Solutions, Underground Utility and Infrastructure Solutions were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Depreciation at Other Companies
Frequently Asked Questions
- What is Quanta Services's depreciation?
- Quanta Services (PWR) reported depreciation of $113.29M in Q1 2026.
- How has Quanta Services's depreciation changed year-over-year?
- Quanta Services's depreciation increased by 15.5% year-over-year, from $98.11M to $113.29M.
- What is the long-term trend for Quanta Services's depreciation?
- Over 4 years (2021 to 2025), Quanta Services's depreciation has grown at a 12.7% compound annual growth rate (CAGR), from $255.53M to $411.54M.
- What does depreciation mean?
- The systematic reduction in the recorded value of physical assets over time.