---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-169944"
form_type: "8-K"
ticker: "PWR"
cik: "0001050915"
company_name: "QUANTA SERVICES, INC."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:07:51.898893+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Quanta reports record Q2 revenue $6.77B, acquires Dynamic Systems for up to $1.566B

## Summary
- Q2 revenue $6.77B (record), GAAP EPS $1.52, adjusted EPS $2.48, net income $229.3M, adjusted EBITDA $668.8M.
- Record total backlog $35.8B; RPO $19.2B. Full-year 2025 outlook raised on strong results and acquisition.
- Acquired Dynamic Systems for up to $1.566B ($1.35B base + $216M earnout); ~$1.15B cash + ~$200M stock.
- DSI estimated FY2025 revenue $1.0-1.1B, adj. EBITDA $150-170M; expected immediately accretive to EPS.
- DSI expected to contribute $0.32-$0.47 adjusted EPS in FY2026; ~2,400 employees, management retained.

## SEC filing metadata
- accession: 0001193125-25-169944
- form_type: 8-K
- ticker: PWR
- cik: 0001050915
- company_name: QUANTA SERVICES, INC.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050915/000119312525169944/0001193125-25-169944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050915/000119312525169944/d28227d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-169944
- JSON: https://secwatch.observer/filing/0001193125-25-169944.json
- Plain text: https://secwatch.observer/filing/0001193125-25-169944.txt

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