Underground and Infrastructure — Segment operating expenses, (excluding depreciation expense)
Quanta Services Underground and Infrastructure — Segment operating expenses, (excluding depreciation expense) increased by 7.5% to $1.28B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $1.19B to $1.28B. Over 2 years (FY 2022 to FY 2024), Underground and Infrastructure — Segment operating expenses, (excluding depreciation expense) shows relatively stable performance with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may indicate rising project execution costs, inflationary pressures on labor or materials, or operational inefficiencies. A decrease relative to revenue suggests improved cost control or better project management efficiency.
Detailed definition
This metric represents the total cash-based operating costs incurred by the Underground and Infrastructure segment to de...
Peer comparison
Comparable to 'Cash Operating Expenses' or 'Cost of Services excluding Depreciation' reported by other engineering and construction firms in the utility and energy infrastructure sector.
pwr_segment_underground_and_infrastructure_segment_operating_expenses_excluding_depreciation_expenseHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $988.6M | $988.6M | $988.6M | $988.6M | $1.14B | $1.14B | $1.14B | $1.14B | $1.08B | $1.08B | $1.08B | $1.08B | $1.19B | $1.28B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +15.3% | +0.0% | +0.0% | +0.0% | -5.5% | +0.0% | +0.0% | +0.0% | +10.1% | +7.5% |
| YoY Change | — | — | — | — | +15.3% | +15.3% | +15.3% | +15.3% | -5.5% | -5.5% | -5.5% | -5.5% | +10.1% | +7.5% |
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Frequently Asked Questions
- What is Quanta Services's underground and infrastructure — segment operating expenses, (excluding depreciation expense)?
- Quanta Services (PWR) reported underground and infrastructure — segment operating expenses, (excluding depreciation expense) of $1.28B in Q1 2026.
- How has Quanta Services's underground and infrastructure — segment operating expenses, (excluding depreciation expense) changed year-over-year?
- Quanta Services's underground and infrastructure — segment operating expenses, (excluding depreciation expense) increased by 7.5% year-over-year, from $1.19B to $1.28B.
- What is the long-term trend for Quanta Services's underground and infrastructure — segment operating expenses, (excluding depreciation expense)?
- Over 2 years (2022 to 2024), Quanta Services's underground and infrastructure — segment operating expenses, (excluding depreciation expense) has grown at a 4.4% compound annual growth rate (CAGR), from $3.95B to $4.31B.
- What does underground and infrastructure — segment operating expenses, (excluding depreciation expense) mean?
- The total cash operating costs required to run the Underground and Infrastructure business segment, excluding depreciation.