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Just reported
Q3 2026 results
From Quanta Services's results release of October 29, 2026; its quarterly report has since been filed.
Revenue
Actual
$12.01B
+57% y/y
+26% q/qGuided
—
No guide given
EPS, GAAP
Actual
$4.55
+103% y/y
+54% q/qGuided
—
No guide given
Operating income, GAAP
Actual
$1.03B
+98% y/y
+48% q/qGuided
—
No guide given
Company outlook
Full year 2026
- EPS$12.57First given
Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.
The full earnings report →Keep exploring
The themes Quanta Services is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.
The themes it is part of
- Curated
Engineering & construction
By InspectStocks · 20 companies
Contractors that build power lines, data centres, plants and infrastructure.
- Price, 1 year
- -0.7%
- Revenue, 1 year
- +16.5%
+14A 11B 5C 2F 2
- Curated
AI power & data-centre infrastructure
By InspectStocks · 19 companies
Power generation, electrical gear and cooling that data centres need to run.
- Price, 1 year
- +3.0%
- Revenue, 1 year
- +22.9%
+13A 11B 5C 1F 2
Highest-graded in Engineering and Construction
Graded A or B and worth $2B or more: A first, then the largest.
- FIXComfort Systems USA, Inc.$40.6BA+
- EMEEMCOR Group, Inc.$29.2BA
- APGAPi Group Corporation$18.7BA
MTZMasTec, Inc.$15.2BA
STRLSterling Infrastructure, Inc.$9.3BA+
Grade rose recently in Industrials
Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.
UPSUnited Parcel Service, Inc.Oct 27, 2026CBGraded C, now B
CSXCSX CorporationOct 21, 2026CAGraded C, now A
CPCanadian Pacific Kansas City Ltd.Oct 29, 2026BAGraded B, now A
URIUnited Rentals, Inc.Oct 21, 2026CAGraded C, now A
WCNWaste Connections, Inc.Oct 22, 2026BAGraded B, now A
How it makes money
- Electric grid, power generation and large-facility electrical work82%
- Gas, pipeline, industrial and other infrastructure work18%
Shares of revenue are estimates for nine months ended September 30, 2026, not figures from a filing.
Competes with
What it sells6
Electric power grid services
Design, construction, upgrades, repairs and maintenance for overhead and underground power lines and substations.
Power generation and energy storage construction
Engineering and construction for wind, solar, hydropower and gas power facilities, and battery storage sites.
Electrical systems for large facilities
Design and installation of electrical, mechanical, plumbing and process systems for data centers, manufacturers and other large sites.
Show 3 more
Gas and pipeline services
Construction, inspection, repair and replacement of gas utility systems and pipelines, including work to test and protect aging pipelines.
Communications network construction
Construction and maintenance of wireline and wireless networks, including fiber-optic and cable networks.
Industrial facility services
Maintenance and construction work at energy and industrial sites, including equipment turnarounds, piping, fabrication and site preparation.
Who buys it6
- Electric and gas utilities, which hire Quanta for grid construction, upgrades, repairs and ongoing maintenance.
- Power developers, which hire Quanta to build generation and battery storage sites and connect them to the grid.
- Technology companies and data center operators, which hire Quanta for electrical and other building systems.
Show 3 more
- Manufacturers and other large-site operators, which hire Quanta for facility construction and industrial work.
- Telecommunications and cable companies, which hire Quanta to build and maintain their networks.
- Pipeline, energy and government customers, which hire Quanta for pipeline, industrial and public infrastructure projects.
What it stands on, and what could break it
What the business leans on
- 1Quanta depends on skilled craft workers, project managers and engineers to carry out its labor-intensive construction and maintenance work.
- 2Projects depend on the availability and cost of equipment and materials such as trucks, specialty construction machinery, steel, copper, transformers and wire.
- 3A portion of work comes through service agreements that do not guarantee customers will order a set amount of work; many contracts can also be suspended or canceled on short notice.
- 4Large projects depend on permits, regulatory approvals and rights of way, which can delay construction.
What could go wrong
- 1On complex or fixed-price projects, unexpected site conditions, delays, cost changes or poor execution can reduce profits, create losses or lead to claims and disputes with customers.
- 2If Quanta cannot attract, train and retain enough skilled workers, it may be unable to meet project schedules or may face higher labor costs.
- 3Accidents, wildfires and severe weather can interrupt work or cause major claims; insurance may not cover all losses or may become harder or more costly to obtain.
About Quanta Services, Inc.
Quanta designs, builds, upgrades and maintains electric power lines, substations and power generation facilities. It also installs electrical, mechanical and plumbing systems in data centers and other large facilities, and works on gas pipelines, communications networks and industrial sites. Customers hire Quanta for individual projects and ongoing service work.
- Head office
- Houston, Texas
- Founded
- 1997
- Employees
- More than 85,000 (July 30, 2026, medium)
- Listed on
- NYSE
- Financial year ends
- December 31
Built from Quanta Services, Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.