Earnings ·
Quanta Services reported second quarter 2026 results with consolidated revenues of $9.56 billion and net income…
PWRQuanta Services, Inc.
Quanta Services reported second quarter 2026 results with consolidated revenues of $9.56 billion and net income attributable to common stock of $451.4 million, or $2.96 per diluted share. Adjusted diluted EPS was $4.24, significantly exceeding prior year figures. The company completed acquisitions of Phalcon, Enerfab, Percheron, and PSD, with aggregate upfront consideration of approximately $1.24 billion. Management significantly increased full-year 2026 financial expectations, now projecting revenues between $39.3 billion and $39.7 billion and diluted EPS between $11.41 and $11.92. Additionally, the Board authorized a new $1 billion stock repurchase program and declared a quarterly cash dividend of $0.11 per share. Quanta Services operates in the specialized infrastructure solutions industry, providing design, installation, repair, and maintenance services for energy, load center, and communications infrastructure.