PWR · News · 20260807N

Revenue Performance and Mix

QUANTA SERVICES, INC. · 2026-08-07 · 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

• Report states Quanta has a record backlog in grid, energy, and data-center infrastructure projects, cited when raising its 2026 outlook. source
• Pacer Advisors Inc. reduced its stake by 36.2% in Q1 and now holds 7,522 shares valued at $4.13 million. source
• KeyBanc upgraded Quanta to Overweight from Sector Weight and set a price target of $807. source