Quanta Services Q1 revenue $6.23B, adj. EPS $1.78, raises FY2025 midpoint

QUANTA SERVICES, INC.

2025-Q1 EPS reported $0.96 revenue$6,233,334,000

Revenue of $6.23B (record Q1) vs $5.03B YoY, up 24%; net income $144.3M, diluted EPS $0.96.
Adjusted diluted EPS of $1.78 vs $1.41 YoY; adjusted EBITDA $503.9M (record).
Record total backlog $35.3B; record RPO $17.6B; operating cash flow $243.2M.
Repurchased ~$135M of stock during quarter.
Raised midpoint of full-year 2025 revenue, adj. EBITDA, GAAP and adj. EPS expectations.

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