PWR · 10-Q · 2026Q3 · Full report

Acquisitions and Divestitures

QUANTA SERVICES, INC. · 2026-10-29 · Importance 52 · Surprise 42 · Contradicted

During the nine months ended September 30, 2026, Quanta completed five business acquisitions, paying $1.10 billion in net cash consideration, funded with cash, existing debt financing and proceeds from senior notes. The acquisitions formed part of a broader $1.15 billion of cash used for strategic acquisitions and investments in unconsolidated affiliates during that period. Prior acquisitions expanded capabilities in turnkey mechanical, plumbing and process infrastructure, and enhanced heavy civil and site-preparation services for industrial, energy and technology markets.

Key facts

• During the nine months ended September 30, 2026, Quanta completed five business acquisitions for $1.10 billion in net cash consideration, funded with cash, existing debt borrowings and senior-note proceeds. source
• Quanta's third-quarter 2026 Electric segment revenue included approximately $1.22 billion attributable to acquired businesses. source
• Quanta's nine-month 2026 Electric revenue included approximately $2.25 billion attributable to acquired businesses. source
• During the nine months ended September 30, 2026, Quanta used $1.15 billion for strategic acquisitions and investments in unconsolidated affiliates and paid $50.9 million in common-stock dividends. source
• In the nine months ended September 30, 2025, Quanta Services used $1.78 billion of cash for acquisitions. source
• Quanta's nine-month 2026 Underground and Infrastructure revenue included approximately $1.02 billion attributable to acquired businesses. source
• In the nine months ended September 30, 2026, Quanta Services used $1.10 billion of cash for acquisitions. source
• Quanta's third-quarter 2026 Underground and Infrastructure revenue included approximately $335 million attributable to acquired businesses. source

Impact estimates