Quanta Services raises 2026 outlook after record third-quarter results
Filed with the SEC on · Summarized by InvestorsBot
Quanta Services reported third-quarter 2026 revenue of $12.01 billion, GAAP diluted EPS of $4.55 and adjusted diluted EPS of $6.06 for the period ended September 30, compared with $7.63 billion, $2.24 and $3.33, respectively, a year earlier. The company raised its full-year 2026 outlook to revenue of $41.3 billion-$41.6 billion, adjusted diluted EPS of $17.90-$18.30 and free cash flow of $2.5 billion-$3.0 billion; backlog reached $63.7 billion and Quanta completed two acquisitions for approximately $245 million in September and October.