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U.S. COMPANY FILING

QUANTA SERVICES, INC. — Form 10-K filed 2026-02-19

Filed: 2026-02-19Company: QUANTA SERVICES, INC.Ticker: PWRExchange: NYSEForm: 10-KReport period: 2025-12-31SEC accession: 0001050915-26-000006Event: earningsMateriality: 85

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Quanta Services reported 2025 revenue of $28.48 billion, up 20.3%, and net income of $1.04 billion, up 12.4%. Electric segment drove growth, with acquisitions contributing significantly. Backlog rose 27.3% to $43.98 billion. Operating cash flow was $2.23 billion, up 7.1%. The company issued $1.5 billion in senior notes and expects 2026 capex of $750-800 million.

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