Quanta Services (PWR) Revenue — Quarter Ended Dec 31, 2023
Quanta Services reported a sequential increase in quarterly revenue, continuing its upward trajectory. Compared to the same period a year earlier, revenue also posted a substantial gain.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Quanta Services reported a sequential increase in quarterly revenue, continuing its upward trajectory. Compared to the same period a year earlier, revenue also posted a substantial gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.9%
Change from the immediately preceding quarter.
Year-over-year
+31.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $4.4B | +11.7% |
| Jun 30, 2023 | $5B | +19.3% |
| Sep 30, 2023 | $5.6B | +26.0% |
| Dec 31, 2023 | $5.8B | +31.0% |
Revenue performance
The quarter's revenue was the highest in the reported trend, reflecting sustained business momentum.
Quarterly comparison
Revenue rose moderately from the immediately preceding quarter and increased sharply from the same quarter one year earlier.
What to watch
The company monitors macroeconomic conditions and financial markets that may influence its liquidity and capital resources.