Quanta Services reported second quarter 2026 revenue of $9.56 billion, up 41% from $6.77 billion in the prior-year period. The company posted GAAP diluted EPS of $2.96, compared to $1.52 a year ago, while adjusted diluted EPS grew 71% to $4.24 from $2.48.
Key Highlights
- Total backlog grew 49% year-over-year to a record $53.4 billion, reflecting continued strong demand for infrastructure services.
- Quanta significantly raised its full-year 2026 guidance, now projecting revenues of $39.3 billion to $39.7 billion and adjusted EPS of $16.45 to $16.95.
- Revenue from the Electric segment increased 44% year-over-year to $7.8 billion, demonstrating robust customer investment in grid modernization and power generation.