Logotype for Quanta Services Inc

Quanta Services (PWR) investor relations material

Quanta Services Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Quanta Services Inc
Q2 2025 earnings summary31 Jul, 2025

Executive summary

  • Achieved strong double-digit growth in Q2 2025 revenue, adjusted EBITDA, and EPS, with record backlog of $35.8B and increased performance obligations.

  • Major acquisitions, including Dynamic Systems for $1.35B, expanded capabilities in mechanical, plumbing, and process infrastructure.

  • Strategic investments in Bell Lumber and Pole Company and other businesses enhanced supply chain and service offerings.

  • Raised full-year 2025 financial guidance for revenue, adjusted EBITDA, and adjusted EPS due to strong Q2 results and acquisitions.

  • Positioned to capitalize on demand for resilient electric grids, power generation, and technology-driven infrastructure.

Financial highlights

  • Q2 2025 revenue reached $6.8B, up 21.1% year-over-year; net income attributable to common stock was $229.3M.

  • Adjusted diluted EPS was $2.48 and adjusted EBITDA was $669M for the quarter.

  • Six-month 2025 revenues were $13.01B, net income $373.5M, and adjusted diluted EPS $4.25.

  • Cash flow from operations for the first half of 2025 was $538.9M; Q2 free cash flow was $170M.

  • Backlog and performance obligations reached record levels: $35.8B and $19.2B, respectively.

Outlook and guidance

  • Full-year 2025 revenue expected between $27.4B–$27.9B, adjusted EBITDA $2.76B–$2.89B, and adjusted EPS $10.28–$10.88.

  • Free cash flow forecasted at $1.2B–$1.7B for 2025.

  • Management expects strong demand for services, supported by robust backlog and performance obligations.

  • Utilities' grid modernization, electrification, and renewables expected to drive future growth.

  • Revenues from large pipeline projects may fluctuate.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Quanta Services earnings date

Logotype for Quanta Services Inc
Q3 202530 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Quanta Services earnings date

Logotype for Quanta Services Inc
Q3 202530 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Quanta Services, Inc. provides specialty contracting services worldwide. The company offers a portfolio of infrastructure solutions; specializing in electric power and transmission, building and industrial construction, pipeline construction and maintenance and government services. Quanta Services conducts its operations through the following segments: Electric Power & Transmission segment (Electric Power & Transmission), Building & Industrial Construction segment (Building & Industrial Construction), Pipeline Construction & Maintenance segment (Pipeline Construction & Maintenance), Government Services segment (Government Services), and Corporate segment. Quanta Services, Inc. is based in Houston, Texas.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage