Quanta Services Reports Strong Financial Growth in Q4 2025

By Chris Stiles • Thursday, February 19 15:50 • Permanent Link

Quanta Services, Inc. has reported its fourth-quarter and full-year 2025 results, showing significant growth in various financial metrics. In the fourth quarter of 2025, the company reported consolidated revenues of $7.84 billion, representing an increase from $6.55 billion in the same period in 2024. Net income attributable to common stock also saw growth, reaching $315.5 million in Q4 2025 compared to $305.1 million in Q4 2024. Additionally, the adjusted diluted earnings per share (EPS) attributable to common stock increased to $3.16 in Q4 2025 from $2.94 in Q4 2024.

For the full year of 2025, Quanta Services reported consolidated revenues of $28.48 billion, up from $23.67 billion in 2024. Net income attributable to common stock for the full year 2025 was $1.03 billion, or $6.80 per diluted share, compared to $904.8 million, or $6.03 per diluted share, in 2024. The adjusted diluted EPS attributable to common stock also showed growth, reaching $10.75 for the full year 2025 compared to $8.97 in 2024.

The company's backlog also reached a record level of $44.0 billion, reflecting accelerating demand in the electric segment and sustained activity across its end markets. Quanta Services expects this strong backlog to position the company well heading into 2026.

Furthermore, Quanta Services completed eight acquisitions during 2025, including the acquisition of Tri-City Group, Inc., Wilson Construction Company, and Billings Flying Service, LLC in the fourth quarter of 2025. These acquisitions are expected to contribute approximately $0.40 to $0.50 of adjusted EPS in 2026, primarily in the electric segment.

Looking ahead to 2026, Quanta Services anticipates double-digit growth in revenues, net income, and adjusted EBITDA, with an opportunity to deliver over 20% EPS growth, reflecting the company's confidence in achieving record backlog and sustained growth.

These results demonstrate Quanta Services' strong performance and growth trajectory, underpinned by its strategic acquisitions and robust backlog, positioning the company for continued success in the coming year. The market has reacted to these announcements by moving the company's shares 4.27% to a price of $466.75. If you want to know more, read the company's complete 8-K report here.

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