Quanta Services revenue
Quanta Services's revenue was $28.48bn in fiscal 2025, up 20.3% on the year before. Since fiscal 2016 ($7.65bn) it has grown at a compound 15.7% a year. Over the last twelve months it was $37.29bn.
Revenue history
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.7 | 9.5 | 11.2 | 12.1 | 11.2 | 13.0 | 17.1 | 20.9 | 23.7 | 28.5 | 37.3 |
| Growth on the year before | — | +23.7% | +18.0% | +8.4% | −7.5% | +15.9% | +31.5% | +22.3% | +13.4% | +20.3% | — |
| Gross profit | 1.0 | 1.2 | 1.5 | 1.6 | 1.7 | 2.0 | 2.5 | 2.9 | 3.5 | 4.3 | 5.9 |
| Gross margin | 13.3% | 13.1% | 13.2% | 13.2% | 14.8% | 15.0% | 14.8% | 14.1% | 14.8% | 15.0% | 15.8% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Electric Power | $23B | 80.8% | ▲ 21.0% |
| Underground and Infrastructure | $5.5B | 19.2% | ▲ 17.5% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| United States | $26.5B | 93.0% | ▲ 22.6% |
| Canada | $1B | 3.6% | ▼ 0.6% |
| Australia | $780M | 2.7% | ▲ 16.9% |
| Other Countries | $198M | 0.7% | ▼ 46.9% |
From Quanta Services's 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Quanta Services | $37.29bn | 37.1% | 24.1% |
| Emcor | $19.84bn | 22.1% | 17.9% |
| Mastec Inc | $17.29bn | 25.7% | 13.8% |
| Fluor Corp | $15.54bn | -4.8% | 1.1% |
| Aecom | $15.39bn | -4.2% | 3.3% |
| Jacobs Solutions | $14.22bn | 20.1% | 28.1% |
Compare with peers
Head to head: EME vs PWRMTZ vs PWRFLR vs PWR
More: Construction & Engineering stocks compared, Industrials sector, rankings of US companies