---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-141267"
form_type: "8-K"
ticker: "PWR"
cik: "0001050915"
company_name: "QUANTA SERVICES, INC."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:17:39.701213+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quanta Q1 revs $3.97B (record), adj. EPS $1.37 (record); CFO transition; reaffirms FY22 guidance

## Summary
- Q1 revenue $3.97B (record), up 47% YoY; GAAP diluted EPS $0.57; adjusted diluted EPS $1.37 (record) vs $0.83 prior year.
- Total backlog $20.5B (record); remaining performance obligations $6.8B; full-year 2022 financial expectations reaffirmed.
- CFO transition: Derrick Jensen to EVP Business Operations; Jayshree Desai named CFO, effective July 2022. No disagreement with company or auditor.
- No acquisitions in Q1 2022; company targets 10% organic adj. EPS CAGR and +15% adj. EPS CAGR through 2026.

## SEC filing metadata
- accession: 0001193125-22-141267
- form_type: 8-K
- ticker: PWR
- cik: 0001050915
- company_name: QUANTA SERVICES, INC.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050915/000119312522141267/0001193125-22-141267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050915/000119312522141267/d342384d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-141267
- JSON: https://secwatch.observer/filing/0001193125-22-141267.json
- Plain text: https://secwatch.observer/filing/0001193125-22-141267.txt

## Key facts
- Executive change
  Derrick A. Jensen changed role as Executive Vice President – Business Operations at QUANTA SERVICES, INC..
  - Action: will transition
  - Role: Executive Vice President – Business Operations
  source text: Derrick A. Jensen will transition from his current role as Chief Financial Officer and principal financial officer of the Company to another role with Quanta, Executive Vice President – Business Operations
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050915/000119312522141267/0001193125-22-141267-index.htm
- Executive change
  Jayshree S. Desai changed role as Chief Financial Officer at QUANTA SERVICES, INC..
  - Action: will transition
  - Role: Chief Financial Officer
  source text: Jayshree S. Desai will transition from her current role as Chief Corporate Development Officer to Chief Financial Officer and principal financial officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050915/000119312522141267/0001193125-22-141267-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.