Cash Flow Statement
Growth Metrics

Quanta Services (PWR) Operating Expenses (2016 - 2026)

Quanta Services' Operating Expenses history spans 18 years, with the latest figure at $620.7 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 25.66% to $620.7 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.3 billion, a 20.85% increase, with the full-year FY2025 number at $2.2 billion, up 19.97% from a year prior.
  • Operating Expenses hit $620.7 million in Q1 2026 for Quanta Services, up from $593.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for PWR hit a ceiling of $620.7 million in Q1 2026 and a floor of $323.2 million in Q2 2022.
  • Historically, Operating Expenses has averaged $442.7 million across 5 years, with a median of $402.3 million in 2024.
  • The widest YoY moves for Operating Expenses: up 33.5% in 2022, down 7.21% in 2022.
  • Tracing PWR's Operating Expenses over 5 years: stood at $341.1 million in 2022, then rose by 17.22% to $399.9 million in 2023, then increased by 26.58% to $506.2 million in 2024, then grew by 17.34% to $593.9 million in 2025, then rose by 4.51% to $620.7 million in 2026.
  • Business Quant data shows Operating Expenses for PWR at $620.7 million in Q1 2026, $593.9 million in Q4 2025, and $572.9 million in Q3 2025.