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
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