PWR · 8-K · 20261029PR436949
Guidance / Outlook
QUANTA SERVICES, INC. · 2026-10-29 · Importance 75 · Surprise 60 · In source text
For the year ending December 31, 2026, Quanta expects revenue of $41.3 billion to $41.6 billion, net income attributable to common stock of $1.92 billion to $1.98 billion, and adjusted diluted EPS of $17.90 to $18.30. The company projects adjusted EBITDA of $4.40 billion to $4.49 billion, operating cash flow of $3.45 billion to $4.00 billion, and free cash flow of $2.50 billion to $3.00 billion. Management cites inflation, interest rates, and potential recessionary conditions among uncertainties considered in its outlook, which aligns with backlog being executed and opportunities expected during the remainder of 2026.
Key facts
- Quanta expects full-year 2026 revenue of $41.3 billion to $41.6 billion. source
- Quanta expects full-year 2026 net income attributable to common stock of $1.92 billion to $1.98 billion. source
- Quanta expects full-year 2026 EBITDA of $3.99 billion to $4.09 billion and adjusted EBITDA of $4.40 billion to $4.49 billion. source
- Quanta expects full-year 2026 net cash provided by operating activities of $3.45 billion to $4.00 billion. source
- Quanta Services estimated full-year 2026 free cash flow of $2.500 billion to $3.000 billion. source
- Quanta Services estimated full-year 2026 net income attributable to common stock of $1.917 billion to $1.9783 billion. source
- Quanta Services estimated full-year 2026 adjusted net income attributable to common stock of $2.7301 billion to $2.7914 billion. source
- Quanta Services estimated full-year 2026 EBITDA of $3.9924 billion to $4.0857 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | unclear | committed | — | Quanta expects full-year 2026 revenue of $41.3 billion to $41.6 billion. |
| net_income | unclear | committed | — | Quanta Services estimated full-year 2026 net income attributable to common stock of $1.917 billion to $1.9783 billion. |
| net_income | unclear | committed | — | Quanta Services estimated full-year 2026 adjusted net income attributable to common stock of $2.7301 billion to $2.7914 billion. |
| operating_income | unclear | committed | — | Quanta Services estimated full-year 2026 EBITDA of $3.9924 billion to $4.0857 billion. |
| operating_income | unclear | committed | — | Quanta Services estimated full-year 2026 adjusted EBITDA of $4.3985 billion to $4.4918 billion. |
| cash | unclear | committed | — | Quanta Services estimated full-year 2026 net cash provided by operating activities of $3.450 billion to $4.000 billion and net capital… |
| net_income | positive | committed | — | Quanta stated that it expects strong double-digit adjusted EPS growth in 2027, supported by continued backlog growth. |
| net_income | unclear | committed | — | Quanta Services estimated full-year 2026 adjusted diluted earnings per share of $17.90 to $18.30. |