Quanta Services, Inc. (PWR) FY2024 Q3 P&L / Income Statement

Quanta Services, Inc. (PWR) FY2024 Q3 P&L / Income Statement

Income statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues

6,493,167,000 US dollars

Cost of services

5,480,597,000 US dollars

Gross profit

1,012,570,000 US dollars

Operating costs, net of other operating income (calculated)

581,409,000 US dollars

Operating income

431,161,000 US dollars

Other income (expense), net (calculated)

negative 49,719,000 US dollars

Income before income taxes

381,442,000 US dollars

Provision for income taxes

82,421,000 US dollars

Net income

299,021,000 US dollars

Electric Power

2,982,032,000 US dollars

Renewable Energy

2,251,855,000 US dollars

Underground and Infrastructure

1,259,280,000 US dollars

Change in fair value of contingent consideration liabilities

1,124,000 US dollars

Selling, general and administrative expenses

483,878,000 US dollars

Amortization of intangible assets

110,422,000 US dollars

Equity in earnings of integral unconsolidated affiliates

negative 14,015,000 US dollars

Electric Power costs (calculated)

2,627,527,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Renewable Energy costs (calculated)

2,030,346,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Underground and Infrastructure costs (calculated)

1,165,324,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

238,809,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

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.: $293.19 M; to noncontrolling interests: $5.84 M.