Quanta Services Current retainage balances increased by 13.2% to $863.80M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.8%, from $758.80M to $863.80M. Over 4 years (FY 2020 to FY 2024), Current retainage balances shows an upward trend with a 21.5% CAGR.
other_contract_with_customer_receivable_after_allowance__e3cb8c| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $283.00M | $295.90M | $406.70M | $353.60M | $342.10M | $339.90M | $397.60M | $392.50M | $483.90M | $544.80M | $610.00M | $624.20M | $646.00M | $758.80M | $666.50M | $729.20M | $763.00M | $863.80M |
| QoQ Change | — | +4.6% | +37.4% | -13.1% | -3.3% | -0.6% | +17.0% | -1.3% | +23.3% | +12.6% | +12.0% | +2.3% | +3.5% | +17.5% | -12.2% | +9.4% | +4.6% | +13.2% |
| YoY Change | — | — | — | — | +20.9% | +14.9% | -2.2% | +11.0% | +41.4% | +60.3% | +53.4% | +59.0% | +33.5% | +39.3% | +9.3% | +16.8% | +18.1% | +13.8% |