Quanta Services raises 2026 outlook after record second-quarter results
Filed with the SEC on · Summarized by InvestorsBot
Quanta Services reported second-quarter 2026 revenue of $9.56 billion, GAAP diluted EPS of $2.96, adjusted diluted EPS of $4.24, and free cash flow of $886.0 million for the period ended June 30, 2026, while backlog reached $53.4 billion. The company raised its full-year 2026 outlook to $39.3 billion-$39.7 billion in revenue and $16.45-$16.95 in adjusted diluted EPS; it also completed four acquisitions for approximately $1.24 billion upfront, including $1.07 billion in cash and $173.3 million in stock.