Quanta quarterly revenue reaches $12.01 billion with $63.7 billion backlog
Quanta Services reported third-quarter revenue of 12.01 billion dollars on 29 October, compared with 7.63 billion dollars a year earlier.
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Quanta Services reported third-quarter revenue of 12.01 billion dollars on 29 October, compared with 7.63 billion dollars a year earlier. Net income attributable to common stock was 694.9 million dollars, or 4.55 dollars per diluted share, compared with 339.4 million dollars and 2.24 dollars a year earlier.
Adjusted diluted earnings were 6.06 dollars per share, compared with 3.33 dollars in the previous year’s quarter. Total backlog was 63.7 billion dollars, while remaining performance obligations were 41.8 billion dollars. These are different order-related measures, not revenue recognised during the quarter or the value of a single new EPC contract.
The company completed five acquisitions in the first nine months of 2026, with acquired businesses included from their acquisition dates. Management raised full-year revenue expectations to 41.3–41.6 billion dollars and adjusted earnings expectations to 17.90–18.30 dollars per share. The outlook is forward-looking, and acquisition contributions affect comparisons with prior periods.
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Publication of the official announcement on 29 October 2026.
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Quanta quarterly revenue reaches $12.01 billion with $63.7 billion backlog
Quanta Services reported third-quarter revenue of 12.01 billion dollars on 29 October, compared with 7.63 billion dollars a year earlier. Net income attributable to common stock was 694.9 million dollars, or 4.55 dollars per diluted share, compared with 339.4 million dollars and 2.24 dollars a year earlier.
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