Quanta Services, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Quanta Services, Inc. reported net income of $1.03B on revenue of $28.48B. Operating cash flow was $2.23B and capital expenditures were $609.15M, leaving $1.62B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.65B | $9.47B | $11.17B | $12.11B | $11.20B | $12.98B | $17.07B | $20.88B | $23.67B | $28.48B |
| Gross profit | $1.01B | $1.24B | $1.48B | $1.60B | $1.66B | $1.95B | $2.53B | $2.94B | $3.51B | $4.28B |
| Operating income | $320.81M | $378.85M | $540.27M | $554.87M | $611.37M | $663.52M | $872.06M | $1.13B | $1.35B | $1.61B |
| Net income | $200.10M | $314.98M | $293.35M | $402.04M | $445.60M | $485.96M | $491.19M | $744.69M | $904.82M | $1.03B |
| Diluted EPS | $1.26 | $2.00 | $1.90 | $2.73 | $3.07 | $3.34 | $3.32 | $5.00 | $6.03 | $6.80 |
| Operating cash flow | $390.75M | $371.89M | $358.79M | $526.55M | $1.12B | $582.39M | $1.13B | $1.58B | $2.08B | $2.23B |
| Capital expenditures | $212.56M | $244.65M | $293.60M | $261.76M | $260.05M | $385.85M | $427.63M | $434.80M | $604.08M | $609.15M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | 15.0% | 5.7% | 3.6% |
| Dec 2024 | 14.8% | 5.7% | 3.8% |
| Dec 2023 | 14.1% | 5.4% | 3.6% |
| Dec 2022 | 14.8% | 5.1% | 2.9% |
| Dec 2021 | 15.0% | 5.1% | 3.7% |
Source: SEC EDGAR XBRL company facts for CIK 1050915 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.