Quanta Services PWR Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Electric | $6.47B+30.8% | —— | $6.17B+17.9% | $5.46B+21.6% | $4.94B+26.4% | |
| Underground and Infrastructure (1) | $1.41B+9.1% | $1.41B+20.6% | $1.46B+15.9% | $1.31B+18.7% | $1.29B+15.0% | |
| Segment Operating Income by Business | ||||||
| Electric | $561.08M+37.5% | —— | $703.84M+22.2% | $552.62M+29.5% | $408.16M+34.8% | |
| Underground and Infrastructure | $105.62M+37.4% | —— | $122.22M+30.1% | $90.7M+11.2% | $76.87M+63.9% | |
| Segment Operating Expenses by Business | ||||||
| Electric | $5.92B+30.2% | —— | $5.48B+17.3% | $4.92B+20.9% | $4.55B+25.6% | |
| Underground and Infrastructure | $1.3B+7.3% | $1.31B+15.6% | $1.34B+14.7% | $1.22B+19.3% | $1.21B+12.9% | |
| Segment operating expenses, (excluding depreciation expense) by Business | ||||||
| Underground and Infrastructure | $1.28B+7.5% | —— | —— | —— | $1.19B+10.1% | |
| Equity in earnings of integral unconsolidated affiliates by Business | ||||||
| Electric | $14.47M+11.9% | —— | $13.73M-2.0% | $14.44M+68.2% | $12.93M+4.8% | |
| Underground and Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| Segment depreciation expense by Business | ||||||
| Electric | $82.77M+24.8% | —— | $72.36M+15.3% | $68.73M+14.4% | $66.31M+13.9% | |
| Underground and Infrastructure | $25.5M-2.2% | $28.12M+23.5% | $26.58M+24.1% | $25.3M+42.6% | $26.07M+4.3% | |
| Revenue by Geography | ||||||
| Australia | $201.24M+17.6% | $208.31M+27.2% | $202.03M+3.2% | $198.1M+22.9% | $171.09M+17.2% | |
| Canada | $276.02M+31.3% | $294.46M+19.5% | $275.64M-16.2% | $238.41M+8.3% | $210.25M-8.4% | |
| Others | $35.91M-43.8% | $36.24M-67.1% | $40.77M-57.9% | $57.49M-28.5% | $63.95M-26.2% | |
| United States | $7.36B+27.2% | $7.3B+21.0% | $7.11B+21.1% | $6.28B+22.3% | $5.79B+26.7% | |
| Percent of total revenues (in percent) by Geography | ||||||
| Australia | 2.6%-0.1pp | —— | 2.6%-0.4pp | 2.9%0.0pp | 2.7%-0.2pp | |
| Canada | 3.5%+0.1pp | 0.1%— | 3.6%-1.5pp | 3.5%-0.4pp | 3.4%-1.2pp | |
| United States | 93.4%+0.5pp | 0.1%-0.1pp | 93.3%+2.9pp | 92.8%+1.0pp | 92.9%+2.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Quanta Services break its business down?
- Quanta Services (PWR) reports revenue by business across 2 parts — Electric and Underground and Infrastructure (1). Each is extracted from the segment footnotes and tracked over time.
- Where does Quanta Services's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Quanta Services's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
