PWR · 10-Q · 2026Q3 · Full report

Liquidity and Debt Position

QUANTA SERVICES, INC. · 2026-10-29 · Importance 64 · Surprise 42

At September 30, 2026, Quanta had $2.315 billion of cash and cash equivalents and $2.896 billion of available commitments under its senior credit facility, for total available liquidity of $5.211 billion. In July 2026, revolving commitments increased from $2.80 billion to $2.98 billion and the revolving-loan maturity was extended from July 31, 2030 to July 31, 2031. Effective August 8, 2026, the maximum unsecured commercial-paper program increased from $2.80 billion to $2.98 billion. Cash included $141.4 million held outside the United States, principally in Australia, with no material legal or economic repatriation restrictions.

Key facts

• Quanta Services used the proceeds from its August 2025 senior notes issuance to repay certain borrowings used in its acquisition program. source
• As of September 30, 2026, Quanta's available senior-credit-facility commitments plus cash and cash equivalents totaled $5.21 billion. source
• As of September 30, 2026, Quanta had $2.896121 billion of available senior-credit-facility commitments and $2.315271 billion of cash and cash equivalents, totaling $5.211392 billion. source
• In the nine months ended September 30, 2026, Quanta Services had $969.4 million of net repayments under its senior credit facility and commercial paper program. source
• Quanta increased senior-credit-facility revolving commitments from $2.80 billion to $2.98 billion in July 2026 and extended the revolving-loan maturity from July 31, 2030 to July 31, 2031. source
• Effective August 8, 2026, Quanta increased the maximum outstanding amount of its unsecured commercial paper program from $2.80 billion to $2.98 billion. source
• Quanta's credit agreement permits it, subject to specified conditions, to increase senior-credit-facility capacity by up to $400.0 million plus additional amounts if the Incremental Leverage Ratio Requirement is met. source
• In the nine months ended September 30, 2026, Quanta Services paid $174.7 million to satisfy tax withholding obligations associated with stock-based compensation. source