---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-128105"
form_type: "8-K"
ticker: "PWR"
cik: "0001050915"
company_name: "QUANTA SERVICES, INC."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-02T23:47:41.925837+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quanta Services Q1 2024 revenues $5.03B (record); adj. EPS $1.41; raises full-year guidance

## Summary
- Record revenue $5.03B (+13.5% YoY); GAAP net income $118.4M, EPS $0.79; adjusted EPS $1.41 vs $1.24 YoY.
- Adjusted EBITDA $387.3M (record Q1); operating cash flow $238.0M; free cash flow $181.2M (record Q1).
- Total backlog $29.9B; remaining performance obligations $14.9B; electric power segment outperformed expectations.
- Raising full-year 2024 revenue and EPS expectations; CEO cites demand from AI, data centers, and energy transition.
- Electric Power segment profitability beat expectations; utilities increasing power demand for first time in years.

## SEC filing metadata
- accession: 0001193125-24-128105
- form_type: 8-K
- ticker: PWR
- cik: 0001050915
- company_name: QUANTA SERVICES, INC.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050915/000119312524128105/0001193125-24-128105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050915/000119312524128105/d800145d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-128105
- JSON: https://secwatch.observer/filing/0001193125-24-128105.json
- Plain text: https://secwatch.observer/filing/0001193125-24-128105.txt

## Key facts
- Earnings Releases
  QUANTA SERVICES, INC. reported first quarter 2024 results: revenue $5.03 billion, net income $118.4 million, EPS $0.79.
  - Period: first quarter 2024
  - Revenue: $5.03 billion
  - Net income: $118.4 million
  - EPS: $0.79
  - Result: reported results
  source text: First Quarter Consolidated Revenues of $5.03 Billion* First Quarter GAAP Diluted EPS of $0.79 and Adjusted Diluted EPS of $1.41* Net Income Attributable to Common Stock of $118.4 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050915/000119312524128105/0001193125-24-128105-index.htm
- Earnings Releases
  QUANTA SERVICES, INC. updated its full-year 2024 guidance (raised).
  - Period: full-year 2024
  - Guidance: raised
  - Result: guidance update
  source text: Raising Full-Year 2024 Revenue and Earnings Per Share Expectations
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050915/000119312524128105/0001193125-24-128105-index.htm

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