Quanta Services, Inc. (PWR) Earnings Call Transcripts
Quanta Services, Inc.'s Latest Earnings Call - Q2 FY2026
In the second quarter of fiscal year 2026, Quanta Services, Inc. reported revenues of $9.6 billion and adjusted earnings per share (EPS) of $4.24, significantly exceeding expectations. Management raised full-year guidance, now projecting revenues between $39.3 billion and $39.7 billion, adjusted EBITDA between $4.1 billion and $4.2 billion, and adjusted EPS between $16.45 and $16.95. The company highlighted strong organic growth and a record backlog of $53 billion, indicating robust demand across its segments.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $9.6 billion (beat) |
| Adjusted EPS | $4.24 (beat) |
| Adjusted EBITDA | $1.1 billion (beat) |
| Record Backlog | $53 billion (positive) |
| Full-Year Revenue Guidance | $39.3 billion - $39.7 billion (positive) |
| Full-Year Adjusted EBITDA Guidance | $4.1 billion - $4.2 billion (positive) |
Guidance from management
Management raised full-year guidance across all metrics, expecting revenues of $39.3 billion to $39.7 billion and adjusted EPS between $16.45 and $16.95, reflecting strong demand and operational execution.
What management said
I'll just say it this way. We haven't seen it show up. We're in the middle of engineering with it. We're all over it in the high-voltage side as well as equipment. Anything complicated, anything with the higher voltage, -- the higher the voltage is better for Quanta. So I'll just say it like that. We love complicated high-voltage infrastructure, the more the better.
Yes. And Phil, just on the backlog, I think it's important to add that we take all those into account. The way we treat our backlog just like we do on the T&D side, just like we do on the generation side, we want to make sure that we have a constructive and prudent way of what goes into backlog. So on the data center side, we tend to put in things that have only and we don't put the rest of it until the project is a ...
What analysts pressed on
Analysts expressed concerns regarding margin sustainability and the potential impact of state regulations on data center projects. There were questions about the pace of acquisitions and whether it could affect underlying performance.
Main topics on the call
- Revenue and Earnings Performance — Quanta reported revenues of $9.6 billion and adjusted EPS of $4.24, reflecting strong double-digit growth. Management stated, "the strength you're seeing today reflects broad-based organic strength across our segments, s...
- Increased Full-Year Guidance — Management raised its full-year 2026 financial expectations, now forecasting revenues of $39.3 billion to $39.7 billion and adjusted EBITDA of $4.1 billion to $4.2 billion. This revision was driven by strong first-half p...
- Record Backlog — Quanta's backlog reached a record $53 billion, indicating strong demand and future revenue visibility. CEO Duke Austin noted, "the larger programs look to utility generation and technology load center markets are ahead o...
- Acquisitions Impact — The company completed several acquisitions that are expected to contribute approximately $1.2 billion to $1.4 billion in revenues and $120 million to $130 million in adjusted EBITDA for the year. CFO Jayshree Desai empha...
Read the full Quanta Services, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Quanta Services, Inc.
Quanta Services, Inc. (PWR) is a publicly listed company in the Construction and Engineering industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 61 calls on record spanning February 27, 2020 to July 30, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 61 Quanta Services, Inc. earnings call transcripts on record, spanning February 27, 2020 to July 30, 2026. Based on this history, Quanta Services, Inc. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- PWR
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Construction and Engineering
- Calls on record
- 61
- First call
- February 27, 2020
- Most recent
- July 30, 2026
- Reporting cadence
- quarterly