QUANTA SERVICES, INC. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: PWR delivered strong Q1 FY2026 results with revenue surging 26.3% YoY to $7.87B and net income jumping 52.9% to $220.6M, driven by robust demand across its infrastructure services segments.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 26.3% YoY from $6.23B to $7.87B in Q1 FY2026, reflecting broad-based demand for infrastructure services. This top-line acceleration suggests continued momentum in utility, energy, and telecom end markets.
Gross margin improved modestly from 13.4% to 14.1% YoY, while operating margin expanded from 3.84% to 4.30%, indicating that revenue scale is beginning to generate operating leverage even as cost of revenue rose 25.3% to $6.77B.
Total assets grew 34.6% YoY to $25.75B, while total liabilities rose 42.4% to $16.60B. The faster growth in liabilities relative to assets and equity suggests increased use of debt financing, likely to support acquisitions or working capital needs.
Revenue
$7.87B
++26.33% YoY
EPS (Basic)
$1.47
++51.55% YoY
Gross Margin
14.1%
++0.68% YoY
Operating Income
$338.78M
++41.70% YoY
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