Quanta Services (PWR) 10-K Summaries & Annual Filing History
Review Quanta Services, Inc. (PWR) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Quanta Services filed its annual report for the most recent period. Revenue increased over the prior years, and the company continues to generate substantial operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$28.5B
Revenue reported for the fiscal year.
Operating income
$1.6B
Income from operations reported for the year.
Net income
$1B
Net income reported for the year.
Operating cash flow
$2.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $17.1B | +31.5% |
| Dec 31, 2023 | $20.9B | +22.3% |
| Dec 31, 2024 | $23.7B | +13.4% |
| Dec 31, 2025 | $28.5B | +20.3% |
Business overview
The filing includes a reference to a business overview section, but the specific description is not provided in the supplied context. No further details about the company's operations are available in the data.
Financial performance
Revenue for the reported period reached a substantial level, reflecting continued growth from prior periods. Operating income and net income were also significant. Operating cash flow provided strong liquidity.
Material risks
The filing references risk factors in Item 1A, but the supplied context does not include the specific risk descriptions. General economic, financial, and operational risks are acknowledged in the filing.
Liquidity and capital
The company intends to fund its working capital, capital expenditures, debt service, and dividends primarily through cash from operations and, if needed, debt financing. Management monitors financial and economic conditions that may affect liquidity.
What to watch
Monitor the impact of global economic conditions on the company's liquidity and capital resources, as noted in the management discussion.