Quarterly ResultJul 30, 2026, 10:12 AM
Quanta Services Q2 Revenue $9.56B, EPS $2.96; Backlog $33.55B
AI Summary
Quanta Services reported strong financial results for Q2 2026, with revenues increasing 41.1% to $9.56 billion and diluted EPS rising 94.7% to $2.96. For the first six months, revenues grew 34.0% to $17.43 billion and diluted EPS increased 78.5% to $4.41. The company's remaining performance obligations significantly expanded to $33.55 billion, up 41.2% from year-end 2025, indicating robust future project activity. Net cash provided by operating activities also saw a substantial increase.
Key Highlights
- Q2 2026 revenues increased 41.1% to $9.56 billion.
- Q2 2026 diluted EPS rose 94.7% to $2.96.
- Six-month 2026 revenues grew 34.0% to $17.43 billion.
- Six-month 2026 diluted EPS increased 78.5% to $4.41.
- Remaining performance obligations reached $33.55 billion, up 41.2% from year-end 2025.
- Net cash provided by operating activities surged 176.0% to $1.49 billion for the six months.
- United States revenue was $9.10 billion, representing 95.2% of total Q2 revenue.
- Fixed price contracts accounted for 63.7% of Q2 revenue.
Price Impact
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