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

- Company: Quanta Services, Inc. (PWR)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-10-31, accession number 0001050915-24-000159
- Page: https://plicit.ai/financials/pwr/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/pwr-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/pwr/fy2024-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/pwr-fy2024-q3-revenue-by-geography-sankey.png

Income statement for 2024-07-01 through 2024-09-30. View: Geography. 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
- **UNITED STATES**: 5,871,453,000 US dollars
- **CANADA**: 329,066,000 US dollars
- **AUSTRALIA**: 195,815,000 US dollars
- **Others**: 96,833,000 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

### 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.

## Chart details: Revenue by Basis of Pricing

- Page: https://plicit.ai/financials/pwr/fy2024-q3-income-statement/revenue-by-basis-of-pricing
- Chart image: https://plicit.ai/charts/pwr-fy2024-q3-revenue-by-basis-of-pricing-sankey.png

Income statement for 2024-07-01 through 2024-09-30. View: Contract with Customer, Basis of Pricing. 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
- **Fixed price contracts**: 3,725,174,000 US dollars
- **Unit-price contracts**: 1,769,369,000 US dollars
- **Cost-plus contracts**: 998,624,000 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

### 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.