Quanta Services PWR
NYSE PWR
$650.47 +32.00 (+5.17%)
At close: Sep 11, 2026 · 4:00 PM EDT

Quanta Services (PWR) Operating Expenses (2009 - 2026)

Quanta Services' (PWR) quarterly Operating Expenses came in at $698.5 million in Q2 2026, up 32.2% year-over-year from $528.4 million in Q2 2025, and up 12.53% quarter-over-quarter from $620.7 million in Q1 2026.

Analysis

Quanta Services (PWR) Operating Expenses (2009 - 2026) Analysis & Trends

Quanta Services has disclosed Operating Expenses across 18 years of filings, most recently posting $698.5 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 32.2% year-over-year to $698.5 million; the TTM figure through Jun 2026 stood at $2.5 billion (up 23.54% YoY), while the FY2025 annual figure was $2.2 billion, up 19.97% from the prior year.
  • Operating Expenses came in at $698.5 million for Q2 2026 at Quanta Services, up from $620.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $698.5 million in Q2 2026 to a low of $323.2 million in Q2 2022.
  • Average Operating Expenses over 5 years is $456.9 million, with a median of $417.3 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 33.5% in 2022 against a maximum downside of 7.21% in 2022.
  • Over 5 years, Operating Expenses stood at $341.1 million in 2022, then increased by 17.22% to $399.9 million in 2023, then gained by 26.58% to $506.2 million in 2024, then climbed by 17.34% to $593.9 million in 2025, then advanced by 17.6% to $698.5 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $698.5 million in Q2 2026, $620.7 million in Q1 2026, and $593.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 97.75 Bn 97.35 Bn 1.55 Bn 698.49 Mn
2 Mastec 19.32 Bn 19.12 Bn 556.28 Mn 206.47 Mn
3 IES Holdings 13.78 Bn 13.39 Bn 340.66 Mn 162.17 Mn
4 Dycom Industries 9.22 Bn 8.51 Bn - -
5 Everus Construction 6.09 Bn 5.92 Bn 182.92 Mn 71.15 Mn
6 Myr 4.53 Bn 4.40 Bn 142.67 Mn 74.41 Mn
7 Primoris Services 4.05 Bn 3.84 Bn 82.40 Mn 109.20 Mn
8 Centuri Holdings 2.04 Bn 2.00 Bn 69.14 Mn 37.24 Mn
9 Magnitude International 225.45 Mn 223.35 Mn - -
10 Energy Services of America 211.94 Mn 197.26 Mn 14.32 Mn 9.69 Mn
Historic Data

Historic Data

Download Data
DateValue
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