Quanta Services, Inc. (PWR) Q2 2025 Earnings Call

Concluded Jul 31, 2025

Jul 31, 2025 0 turns

Period: FY2025 Q2
Runtime: —
Sources: 2 artifacts

8-K 10-Q

Executive readout · one minute

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Renewables and energy transition 18 Acquisitions and capital deployment 12 Electric transmission demand and data centers 12 Backlog and financial outperformance 11 Texas floods community response 7 2025 guidance raise 5

Management tone

Confident

Net tone +82 · low hedging

Grounding quotes

“This morning, we reported our second quarter 2025 results, which included strong double-digit growth in revenue, adjusted EBITDA and adjusted earnings per share, along with record backlog of $35.8 billion and a number of other record financial metrics.”
“we are increasing our full year 2025 financial expectations for revenue, adjusted EBITDA and adjusted EPS”
“Our second quarter performance was ahead of our expectations across most financial metrics and similar to the first quarter, is allowing us to increase our full year expectations before considering the contribution from acquisitions.”
“While we recognize the variability in the regulatory environment, demand for Quanta's differentiated portfolio of self-performed craft labor solutions remains strong.”

Research coverage

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Revenue $6.77B +21.1% YoY

Diluted EPS $1.52 +20.6% YoY

Gross margin 14.9% +0.4 pp YoY

Net income $229.25M +21.8% YoY

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8-K earnings release Filed Jul 31, 2025 10-Q report Filed Jul 31, 2025

Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

Electric$5.46B +21.6% YoY

Underground and Infrastructure$1.31B +18.7% YoY

Capital returned

Buybacks: $16.00M
Shares repurchased: 67,172
Dividend / share: $0.10

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