Quanta Services Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	28,480	23,673	20,882	17,074	12,980
Revenue Growth (YoY)	20.31%	13.36%	22.30%	31.54%	15.87%
Cost of Revenue	24,205	20,162	17,945	14,545	11,027
Gross Profit	4,275	3,511	2,937	2,529	1,953
Selling, General & Admin	2,189	1,825	1,555	1,337	1,156
Amortization of Goodwill & Intangibles	498.8	382.96	289.01	353.97	165.37
Operating Expenses	2,688	2,208	1,844	1,691	1,321
Operating Income	1,587	1,303	1,093	838.47	631.94
Interest Expense	-261.45	-202.69	-186.91	-124.36	-68.9
Interest & Investment Income	15.7	32.4	10.83	2.61	3.19
Earnings From Equity Investments	46.46	53.13	42.91	52.47	44.06
Currency Exchange Gain (Loss)	-2.7	5.6	-	-	-
Other Non Operating Income (Expenses)	35.41	32	16.76	-46.42	25.09
EBT Excluding Unusual Items	1,421	1,223	976.52	722.77	635.38
Gain (Loss) on Sale of Investments	0.21	7.5	-	-	-
Gain (Loss) on Sale of Assets	-	-11.9	-	-	-
Asset Writedown	-	-	-	-14.46	-5.74
Other Unusual Items	-31.2	-7.06	-6.57	-4.42	-6.73
Pretax Income	1,390	1,212	969.96	703.89	622.9
Income Tax Expense	347.59	284.75	219.27	192.24	130.92
Earnings From Continuing Operations	1,042	927.28	750.69	511.64	491.98
Net Income to Company	1,042	927.28	750.69	511.64	491.98
Minority Interest in Earnings	-13.54	-22.46	-6	-20.45	-6.03
Net Income	1,028	904.82	744.69	491.19	485.96
Net Income to Common	1,028	904.82	744.69	491.19	485.96
Net Income Growth	13.66%	21.50%	51.61%	1.08%	9.06%
Shares Outstanding (Basic)	149	147	145	143	141
Shares Outstanding (Diluted)	151	150	149	148	145
Shares Change (YoY)	0.82%	0.83%	0.56%	1.80%	0.09%
EPS (Basic)	6.91	6.16	5.13	3.42	3.45
EPS (Diluted)	6.80	6.03	5.00	3.32	3.34
EPS Growth	12.77%	20.60%	50.60%	-0.60%	8.79%
Free Cash Flow	1,517	1,477	1,141	702.68	196.54
Free Cash Flow Per Share	10.03	9.84	7.67	4.75	1.35
Dividend Per Share	0.410	0.370	0.330	0.290	0.250
Dividend Growth	10.81%	12.12%	13.79%	16.00%	19.05%
Gross Margin	15.01%	14.83%	14.06%	14.81%	15.05%
Operating Margin	5.57%	5.50%	5.23%	4.91%	4.87%
Profit Margin	3.61%	3.82%	3.57%	2.88%	3.74%
Free Cash Flow Margin	5.33%	6.24%	5.46%	4.12%	1.51%
EBITDA	2,497	2,045	1,707	1,483	1,053
EBITDA Margin	8.77%	8.64%	8.17%	8.69%	8.11%
D&A For EBITDA	910.33	742.32	613.8	644.62	420.9
EBIT	1,587	1,303	1,093	838.47	631.94
EBIT Margin	5.57%	5.50%	5.23%	4.91%	4.87%
Effective Tax Rate	25.01%	23.49%	22.61%	27.31%	21.02%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.