PWR · News · 20260805N

Revenue Performance and Mix

QUANTA SERVICES, INC. · 2026-08-05 · Importance 70 · Surprise 56

Quanta Services reported second-quarter 2026 revenue of $9.56 billion, exceeding analyst estimates. Revenue increased 41.1% year over year, supported by record backlog in grid, energy, and data-center infrastructure projects. Adjusted EPS was $4.24, also above consensus estimates. The company cited broad-based strength across infrastructure and power-generation markets, including demand related to AI infrastructure.

Key facts

• Anderson Hoagland & Co. sold 2,088 shares of Quanta, reducing its stake by 17.8%, and retained 9,616 shares valued at $6.9 million. source
• Institutional investors own 90.49% of Quanta Services. source
• Shares fell 2.22% on Thursday, closing at $667.84, marking the second consecutive day of losses. source
• Another DCF model estimated intrinsic value of $479 per share and said the stock trades about 44.6% higher, with a P/E ratio of 78.5x. source