QUANTA SERVICES, INC.

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

PWR$591.48+9.4%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In thousands, except per share information)

	Year Ended December 31,
	2025	2024	2023
Revenues	$28,479,697	$23,672,795	$20,882,206
Cost of services	24,204,616	20,162,034	17,945,120
Gross profit	4,275,081	3,510,761	2,937,086
Equity in earnings of integral unconsolidated affiliates	55,635	50,484	41,609
Selling, general and administrative expenses	(2,189,209)	(1,824,754)	(1,555,137)
Amortization of intangible assets	(498,795)	(382,959)	(289,014)
Increase in fair value of contingent consideration liabilities	(31,203)	(7,064)	(6,568)
Operating income	1,611,509	1,346,468	1,127,976
Interest and other financing expenses	(261,445)	(202,687)	(186,913)
Interest income	15,702	32,404	10,830
Other income, net	23,739	35,845	18,063
Income before income taxes	1,389,505	1,212,030	969,956
Provision for income taxes	347,588	284,747	219,267
Net income	1,041,917	927,283	750,689
Less: Net income attributable to non-controlling interests	13,539	22,459	6,000
Net income attributable to common stock	$1,028,378	$904,824	$744,689
Earnings per share attributable to common stock:
Basic	$6.91	$6.16	$5.13
Diluted	$6.80	$6.03	$5.00
Shares used in computing earnings per share:
Weighted average basic shares outstanding	148,790	146,929	145,222
Weighted average diluted shares outstanding	151,291	150,056	148,823

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.