Global Finance News
30 Oct 2025, 17:16
Quanta Services Delivers Record Q3 Results, Raises 2025 Outlook on Electric Segment Strength
Quanta Services (NYSE: PWR) reported record third-quarter 2025 revenue of $7.63 billion, up 18% year over year, with GAAP EPS of $2.24 and adjusted EPS of $3.33. Net income rose to $339 million, while adjusted EBITDA reached a record $858 million. The company generated $1.1 billion in operating cash flow and $726 million in free cash flow, with backlog expanding to $39.2 billion and remaining performance obligations totaling $21 billion.
Quanta raised its 2025 revenue outlook, citing accelerating growth in its Electric segment. CEO Duke Austin highlighted a new agreement with NiSource to design and build generation and grid infrastructure for a 3 GW power project, reinforcing Quanta’s leadership in integrated power and infrastructure solutions.
Quanta Services (NYSE: PWR) reported record third-quarter 2025 revenue of $7.63 billion, up 18% year over year, with GAAP EPS of $2.24 and adjusted EPS of $3.33. Net income rose to $339 million, while adjusted EBITDA reached a record $858 million. The company generated $1.1 billion in operating cash flow and $726 million in free cash flow, with backlog expanding to $39.2 billion and remaining performance obligations totaling $21 billion.
Quanta raised its 2025 revenue outlook, citing accelerating growth in its Electric segment. CEO Duke Austin highlighted a new agreement with NiSource to design and build generation and grid infrastructure for a 3 GW power project, reinforcing Quanta’s leadership in integrated power and infrastructure solutions.