Quanta Services (PWR) Operating Expenses (2009 - 2026)
Quanta Services (PWR) posted Operating Expenses of $620.7 million for Q1 2026, up 4.51% sequentially from $593.9 million in Q4 2025, and up 25.66% YoY from $494.0 million in Q1 2025.
Quanta Services (PWR) Operating Expenses (2009 - 2026) Analysis & Trends
Quanta Services (PWR) has 18 years of Operating Expenses data on file, last reported at $620.7 million in Q1 2026.
- Quarterly Operating Expenses rose 25.66% year-over-year to $620.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 20.85% YoY) and the FY2025 annual result came in at $2.2 billion, up 19.97% from the prior year.
- Operating Expenses improved to $620.7 million in Q1 2026 per PWR's latest filing, from $593.9 million in the prior quarter.
- The five-year high for Operating Expenses was $620.7 million in Q1 2026, with the low at $323.2 million in Q2 2022.
- Average Operating Expenses over 5 years is $442.7 million, with a median of $402.3 million recorded in 2024.
- The widest YoY moves for Operating Expenses: up 33.5% in 2022, down 7.21% in 2022.
- Quanta Services' Operating Expenses stood at $341.1 million in 2022, then advanced by 17.22% to $399.9 million in 2023, then grew by 26.58% to $506.2 million in 2024, then rose by 17.34% to $593.9 million in 2025, then increased by 4.51% to $620.7 million in 2026.
- Business Quant data shows PWR's Operating Expenses at $620.7 million in Q1 2026, $593.9 million in Q4 2025, and $572.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 666.00 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 620.73 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 297.49 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 49.26 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 517.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 876.07 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 57.87 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 53.05 Mn |
| 10 | Tetra Tech | 7.59 Bn | 7.37 Bn | 214.09 Mn | 5.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 270.11 Mn |