Quanta Services (PWR) Operating Expenses (2009 - 2026)
Quanta Services (PWR) posted Operating Expenses of $698.5 million for Q2 2026, up 12.53% sequentially from $620.7 million in Q1 2026, and up 32.2% YoY from $528.4 million in Q2 2025.
Quanta Services (PWR) Operating Expenses (2009 - 2026) Analysis & Trends
Quanta Services has reported Operating Expenses for 18 years, with the latest figure at $698.5 million in Q2 2026.
- Quarterly Operating Expenses rose 32.2% year-over-year to $698.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.5 billion (up 23.54% YoY) and the FY2025 annual result came in at $2.2 billion, up 19.97% from the prior year.
- Operating Expenses rose to $698.5 million in Q2 2026 per PWR's latest filing, from $620.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $698.5 million in Q2 2026 and troughed at $323.2 million in Q2 2022.
- A 5-year average of $456.9 million and a median of $417.3 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 33.5% in 2022, down 7.21% in 2022.
- Over 5 years, Operating Expenses stood at $341.1 million in 2022, then gained by 17.22% to $399.9 million in 2023, then climbed by 26.58% to $506.2 million in 2024, then increased by 17.34% to $593.9 million in 2025, then grew by 17.6% to $698.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $698.5 million, $620.7 million, and $593.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 287.05 Mn |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 475.04 Mn |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 206.47 Mn |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 49.26 Mn |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 528.00 Mn |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 876.07 Mn |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 142.57 Mn |
| 10 | Dycom Industries | 12.50 Bn | 11.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 698.49 Mn |
| Mar 31, 2026 | 620.73 Mn |
| Dec 31, 2025 | 593.94 Mn |
| Sep 30, 2025 | 572.95 Mn |
| Jun 30, 2025 | 528.36 Mn |
| Mar 31, 2025 | 493.97 Mn |
| Dec 31, 2024 | 506.18 Mn |
| Sep 30, 2024 | 483.88 Mn |
| Jun 30, 2024 | 432.36 Mn |
| Mar 31, 2024 | 402.34 Mn |
| Dec 31, 2023 | 399.88 Mn |
| Sep 30, 2023 | 386.54 Mn |
| Jun 30, 2023 | 384.17 Mn |
| Mar 31, 2023 | 384.55 Mn |
| Dec 31, 2022 | 341.13 Mn |
| Sep 30, 2022 | 347.45 Mn |
| Jun 30, 2022 | 323.25 Mn |
| Mar 31, 2022 | 324.89 Mn |
| Dec 31, 2021 | 367.65 Mn |
| Sep 30, 2021 | 274.85 Mn |