Quanta Services, Inc. (PWR) FY2025 Annual P&L / Income Statement

Revenue by Business Segment

2025-01-01 to 2025-12-31

Swipe to see the full flow
Quanta Services, Inc. (PWR) FY2025 Annual P&L / Income StatementIncome statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETElectricUnderground and InfrastructureRevenuesGross profitCost of servicesOperating incomeOperating costs, net of other operating income (calculated)Selling, general and administrative expensesAmortization of intangible assetsEquity in earnings of integral unconsolidated affiliatesIncrease in fair value of contingent consideration liabilitiesIncome before income taxesOther income (expense), net (calculated)Net incomeProvision for income taxesRevenuesRevenues$28.48 BGross profitGross profit$4.28 BOperating incomeOperating income$1.61 BIncome before income taxesPretax income$1.39 BNet incomeNet income$1.04 BOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$2.66 BProvision for income taxesProvision forincome taxes$347.59 MCost of servicesCost of services$24.20 BSelling, general and administrative expensesSelling, general andadministrative expenses$2.19 BElectricElectric$23.00 BOther income (expense), net (calculated)Other income,net (calculated)−$222.00 MAmortization of intangible assetsAmortization of intangible assets$498.80 MEquity in earnings of integral unconsolidated affiliatesEquity in earnings of integralunconsolidated affiliates−$55.64 MUnderground and InfrastructureUnderground and Infrastructure$5.48 BIncrease in fair value of contingent consideration liabilitiesIncrease in fair value of contingentconsideration liabilities$31.20 M
Chart details

Quanta Services, Inc. (PWR) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
28,479,697,000 US dollars
Cost of services
24,204,616,000 US dollars
Gross profit
4,275,081,000 US dollars
Operating costs, net of other operating income (calculated)
2,663,572,000 US dollars
Operating income
1,611,509,000 US dollars
Other income (expense), net (calculated)
negative 222,004,000 US dollars
Income before income taxes
1,389,505,000 US dollars
Provision for income taxes
347,588,000 US dollars
Net income
1,041,917,000 US dollars
Electric
23,001,468,000 US dollars
Underground and Infrastructure
5,478,229,000 US dollars
Selling, general and administrative expenses
2,189,209,000 US dollars
Increase in fair value of contingent consideration liabilities
31,203,000 US dollars
Amortization of intangible assets
498,795,000 US dollars
Equity in earnings of integral unconsolidated affiliates
negative 55,635,000 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.: $1.03 B; to noncontrolling interests: $13.54 M.
Quanta Services, Inc. (PWR) FY2025 Annual P&L / Income Statement Sankey chart, Business segment view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

15.0%

Gross profit / revenue

Operating margin

5.7%

Operating profit / revenue

Cash conversion

214.0%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!