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
DateValue
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