Discontinued — last reported Q2 '23
Quanta Services Underground Utility and Infrastructure Solutions — Operating income (loss) increased by 74.1% to $107.21M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.2%, from $89.94M to $107.21M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates improved operational efficiency or higher project margins, while a decrease suggests rising costs or competitive pricing pressures.
This metric represents the profit or loss generated by the underground utility segment after accounting for direct costs...
Comparable to segment-level operating profit reported by diversified infrastructure and utility service providers.
pwr_segment_underground_utility_and_infrastructure_solutions_operating_income_loss| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $23.94M | $68.17M | $49.23M | $48.18M | $89.94M | $101.35M | $78.07M | $61.57M | $107.21M |
| QoQ Change | — | +184.8% | -27.8% | -2.1% | +86.7% | +12.7% | -23.0% | -21.1% | +74.1% |
| YoY Change | — | — | — | — | +275.7% | +48.7% | +58.6% | +27.8% | +19.2% |