Discontinued — last reported Q2 '23

Business Segments · Operating income (loss)

Renewable Energy Infrastructure Solutions — Operating income (loss)

Quanta Services Renewable Energy Infrastructure Solutions — Operating income (loss) increased by 209.9% to $110.49M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 35.3%, from $81.69M to $110.49M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ2 2023
Rolls up toOperating Income

How to read this metric

An increase indicates improved operational efficiency or higher project margins, while a decrease suggests rising costs or pricing pressures.

Detailed definition

This metric calculates the profit or loss generated by the renewable energy infrastructure segment after deducting opera...

Peer comparison

Peers in the energy infrastructure sector report similar segment-level operating income to demonstrate core business health.

Metric ID: pwr_segment_renewable_energy_infrastructure_solutions_operating_income_loss

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23
Value$29.93M$35.87M$70.81M$69.94M$81.69M$88.89M$63.79M$35.66M$110.49M
QoQ Change+19.8%+97.4%-1.2%+16.8%+8.8%-28.2%-44.1%+209.9%
YoY Change+172.9%+147.8%-9.9%-49.0%+35.3%
Range$29.93M$110.49M
CAGR+92.1%
Avg YoY Growth+59.4%
Median YoY Growth+35.3%

Frequently Asked Questions

What is Quanta Services's renewable energy infrastructure solutions — operating income (loss)?
Quanta Services (PWR) reported renewable energy infrastructure solutions — operating income (loss) of $110.49M in Q2 2023.
How has Quanta Services's renewable energy infrastructure solutions — operating income (loss) changed year-over-year?
Quanta Services's renewable energy infrastructure solutions — operating income (loss) increased by 35.3% year-over-year, from $81.69M to $110.49M.
What does renewable energy infrastructure solutions — operating income (loss) mean?
The profit or loss earned by the renewable energy infrastructure segment from its core business activities.