PWR · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

QUANTA SERVICES, INC. · 2026-10-29 · Importance 75 · Surprise 64 · Matches filing data

Third-quarter 2026 consolidated revenue increased 57.4% year over year to $12.015 billion, including $9.800 billion from Electric and $2.215 billion from Underground and Infrastructure. For the nine months ended September 30, 2026, revenue rose 42.7% to $29.447 billion; Electric contributed $24.106 billion, or 81.9%, and Underground and Infrastructure contributed $5.340 billion, or 18.1%. Nine-month Electric revenue increased $7.532 billion, including approximately $2.25 billion from acquired businesses, while Underground and Infrastructure revenue increased $1.277 billion, including approximately $1.02 billion from acquired businesses. Third-quarter increases included approximately $1.22 billion of acquired-business revenue in Electric and $335 million in Underground and Infrastructure.

Key facts

• Quanta's third-quarter 2026 operating income was $1,026.547 million, up $509.330 million or 98.5% year over year. source
• Quanta's nine-month 2026 operating income increased $933.6 million, including increases of $1.03 billion in Electric and $179.6 million in Underground and Infrastructure, partly offset by a $278.8 million increase in corporate and non-allocated costs. source
• Quanta's third-quarter 2026 consolidated revenues and operating income increased compared with the third quarter of 2025, with increases in both Electric and Underground and Infrastructure. source

Impact estimates