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Quanta Services (PWR) Cost of Revenue (2016 - 2025)

Quanta Services' Cost of Revenue history spans 17 years, with the latest figure at $6.6 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 20.67% year-over-year to $6.6 billion; the TTM value through Dec 2025 reached $24.2 billion, up 20.05%, while the annual FY2025 figure was $24.2 billion, 20.05% up from the prior year.
  • Cost of Revenue for Q4 2025 was $6.6 billion at Quanta Services, up from $6.4 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $6.6 billion in Q4 2025 and bottomed at $2.3 billion in Q1 2021.
  • The 5-year median for Cost of Revenue is $4.4 billion (2023), against an average of $4.4 billion.
  • The largest annual shift saw Cost of Revenue decreased 4.16% in 2021 before it soared 46.62% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at $3.3 billion in 2021, then grew by 12.73% to $3.7 billion in 2022, then surged by 33.14% to $5.0 billion in 2023, then rose by 9.99% to $5.5 billion in 2024, then grew by 20.67% to $6.6 billion in 2025.
  • Per Business Quant, the three most recent readings for PWR's Cost of Revenue are $6.6 billion (Q4 2025), $6.4 billion (Q3 2025), and $5.8 billion (Q2 2025).