Compiled 2026-09-26Data through 2025-12-312 min read
Dated source-based research · No live market data

Executive summary

Annual revenue of USD 28.480 billion and net income of USD 1.028 billion for the period ended 2025-12-31. This is a structured data brief from filed financial statements, not an independently audited investment opinion.

Business and industry context

QUANTA SERVICES, INC. is an SEC-reporting issuer listed on NYSE under PWR. Its SEC industry description is Electrical Work. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications. Equipment manufacturers, transport operators and industrial service providers face differing order and asset cycles.

Financial evidence

The selected fiscal period runs from 2025-01-01 to 2025-12-31. Revenue was USD 28.480 billion; operating income was USD 1.612 billion; diluted EPS was USD 6.80 per share. Prior-period revenue was USD 23.673 billion. The reported revenue change was 20.31%. Comparisons are not adjusted for acquisitions, disposals, foreign exchange or fiscal-week differences.

Profitability and cash generation

Net margin, calculated as net income divided by revenue, was 3.61%. Operating cash flow was USD 2.230 billion; capital expenditure was USD 609.15 million. Free cash flow (operating cash flow less purchases of property, plant and equipment) was USD 1.621 billion. Missing standard tags are not interpreted as zero. These measures may not be directly comparable between business models.

Balance-sheet context

Total assets were USD 24.927 billion, total liabilities USD 15.899 billion and reported shareholder equity USD 8.938 billion at the period end. Total liabilities include operating obligations and are not a measure of interest-bearing debt.

Valuation context

This release does not include a synchronized market-price dataset. Consequently, price-based multiples are not quoted. P/E requires a dated share price and a clearly identified EPS basis; P/S and P/B require consistently dated capitalization and accounting denominators. A multiple alone does not establish fair value.

Risks and uncertainties

Order cancellations, supply constraints, execution risk, labor costs and capital-cycle sensitivity. Standardized XBRL can omit custom-tag disclosures. Annual data cannot establish the direction of the latest quarter.

What to monitor

Backlog conversion, utilization, deliveries, working capital and service revenue. Read subsequent quarterly filings, footnotes and accounting-policy changes before interpreting these historical observations.

Methodology note

Source snapshots were collected on September 18, 2026. Values preserve reported currency and periods. This brief was compiled on September 26, 2026; the publication date is not a new source retrieval date.

Sources & dates