# Quanta Services, Inc. (PWR) FY2024 Annual P&L / Income Statement

- Company: Quanta Services, Inc. (PWR)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-20, accession number 0001050915-25-000005
- Page: https://plicit.ai/financials/pwr/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/pwr-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 23,672,795,000 US dollars
- **Cost of services**: 20,162,034,000 US dollars
- **Gross profit**: 3,510,761,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 2,164,293,000 US dollars
- **Operating income**: 1,346,468,000 US dollars
- **Other income (expense), net (calculated)**: negative 134,438,000 US dollars
- **Income before income taxes**: 1,212,030,000 US dollars
- **Provision for income taxes**: 284,747,000 US dollars
- **Net income**: 927,283,000 US dollars
- **Electric Power**: 11,166,495,000 US dollars
- **Renewable Energy**: 7,845,884,000 US dollars
- **Underground and Infrastructure**: 4,660,416,000 US dollars
- **Selling, general and administrative expenses**: 1,824,754,000 US dollars
- **Change in fair value of contingent consideration liabilities**: 7,064,000 US dollars
- **Amortization of intangible assets**: 382,959,000 US dollars
- **Asset impairment charges**: 0 US dollars
- **Equity in earnings of integral unconsolidated affiliates**: negative 50,484,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Quanta Services, Inc.: $904.82 M; to noncontrolling interests: $22.46 M.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/pwr/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/pwr-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 23,672,795,000 US dollars
- **Cost of services**: 20,162,034,000 US dollars
- **Gross profit**: 3,510,761,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 2,164,293,000 US dollars
- **Operating income**: 1,346,468,000 US dollars
- **Other income (expense), net (calculated)**: negative 134,438,000 US dollars
- **Income before income taxes**: 1,212,030,000 US dollars
- **Provision for income taxes**: 284,747,000 US dollars
- **Net income**: 927,283,000 US dollars
- **UNITED STATES**: 21,606,807,000 US dollars
- **CANADA**: 1,025,074,000 US dollars
- **AUSTRALIA**: 666,870,000 US dollars
- **Others**: 374,044,000 US dollars
- **Selling, general and administrative expenses**: 1,824,754,000 US dollars
- **Change in fair value of contingent consideration liabilities**: 7,064,000 US dollars
- **Amortization of intangible assets**: 382,959,000 US dollars
- **Asset impairment charges**: 0 US dollars
- **Equity in earnings of integral unconsolidated affiliates**: negative 50,484,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Quanta Services, Inc.: $904.82 M; to noncontrolling interests: $22.46 M.

## Chart details: Revenue by Basis of Pricing

- Page: https://plicit.ai/financials/pwr/fy2024-annual-income-statement/revenue-by-basis-of-pricing
- Chart image: https://plicit.ai/charts/pwr-fy2024-annual-revenue-by-basis-of-pricing-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Contract with Customer, Basis of Pricing. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 23,672,795,000 US dollars
- **Cost of services**: 20,162,034,000 US dollars
- **Gross profit**: 3,510,761,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 2,164,293,000 US dollars
- **Operating income**: 1,346,468,000 US dollars
- **Other income (expense), net (calculated)**: negative 134,438,000 US dollars
- **Income before income taxes**: 1,212,030,000 US dollars
- **Provision for income taxes**: 284,747,000 US dollars
- **Net income**: 927,283,000 US dollars
- **Fixed price contracts**: 13,307,321,000 US dollars
- **Unit-price contracts**: 6,475,714,000 US dollars
- **Cost-plus contracts**: 3,889,760,000 US dollars
- **Selling, general and administrative expenses**: 1,824,754,000 US dollars
- **Change in fair value of contingent consideration liabilities**: 7,064,000 US dollars
- **Amortization of intangible assets**: 382,959,000 US dollars
- **Asset impairment charges**: 0 US dollars
- **Equity in earnings of integral unconsolidated affiliates**: negative 50,484,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to Quanta Services, Inc.: $904.82 M; to noncontrolling interests: $22.46 M.