How has Quanta Services's electric — segment operating expenses changed year-over-year?

Quanta Services's electric — segment operating expenses increased by 30.2% year-over-year, from $4.55B to $5.92B.

What does electric — segment operating expenses mean?

The total operating costs associated with the electric power infrastructure segment, including both cash operating expenses and non-cash depreciation. This represents the full cost structure of the segment before corporate allocations.

Quanta Services PWR Electric — Segment Operating Expenses

Similar metrics at other companies

UTLElectric — Total Costs & Expenses

$35.9M+9.8%

ORAElectricity — Segment operating expenses (income)

$14.28M-27.0%

MGEEElectric — Interest Expense Operating

-$8.08M-24.4%

CNP

CNPElectric — Interest Income (Expense), Operating

$5M-28.6%

CMS

CMSElectric Utility — Total Costs & Expenses

$1.19B+8.4%

OTT

OTTRElectric — Electric Operating and Maintenance Expenses

$50.26M+2.8%

Other financials

Income statement

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Revenue$7.9B+26.3%

Gross profit$1.1B+32.8%

Operating income$338.8M+41.7%

Net income$220.6M+52.9%

EPS (diluted)$1.45+51.0%

Balance sheet

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Cash & equivalents$369.8M-29.3%

Total debt$6.4B+32.5%

Total equity$9.0B+21.3%

Total assets$25.7B+34.6%

Cash flow

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Operating cash flow$391.7M+61.1%

CapEx$220.1M+65.8%

Free cash flow$171.7M+55.4%

Valuation

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Market cap$93.91B+53.8%

Enterprise value$99.9B+52.1%

P/E85×+22.2×

P/S3.1×+0.8×

Profitability

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Gross margin15.1%+0.1pp

Operating margin5.7%-0.1pp

Net margin3.7%-0.1pp

FCF margin5.6%-0.2pp

Returns & leverage

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Return on equity13.4%-0.1pp

Debt / equity0.7×+0.1×

Current ratio1.1×-0.2×

Where this comes from

Reported directly by Quanta Services in its filing.

Tagged under the XBRL concept pwr:SegmentOperatingExpenses.

The official record: Quanta Services’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Quanta Services's electric — segment operating expenses?: Quanta Services (PWR) reported electric — segment operating expenses of $5.92B in Q1 2026.
How has Quanta Services's electric — segment operating expenses changed year-over-year?: Quanta Services's electric — segment operating expenses increased by 30.2% year-over-year, from $4.55B to $5.92B.
What does electric — segment operating expenses mean?: The total operating costs associated with the electric power infrastructure segment, including both cash operating expenses and non-cash depreciation. This represents the full cost structure of the segment before corporate allocations.