Quanta Services, Inc.
PWR
Jodie read · what matters now
Revenue increased 26.3% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to PWR, and whether its market group begins moving.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-04-30 against the comparable filing from 2025-05-01.
What improved
- Revenue increased 26.3% versus the comparable filing period.
- Net income increased 52.9% versus the comparable filing period.
- Operating cash flow covered net income at 1.78x, improving versus the comparable period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“Also contributing to the increase was a $29.8 million increase in compensation expense, which was primarily attributable to increased non-cash stock compensation expense in support of business growth.”
“The increase in revenues for the three months ended March 31, 2026 was primarily due to increased demand for our services, as well as approximately $460 million in revenues attributable to acquired businesses.”
“4 Estimated orders under MSAs and short-term, non-fixed price contracts 10,228,261 22,228,912 10,159,490 20,213,394 Backlog $ 28,232,699 $ 48,471,389 $ 25,866,287 $ 43,976,408 The increases in both remaining performance obligations and backlog from December 31, 2025 to March 31, 2026 were primarily due to new project awards with existing customers.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind PWR
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 6 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
PWR is currently a Leader in the organic co-movement group Infrastructure Technology. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.