Quanta Q4 revenue record $7.84B, adj EPS $3.16; backlog $44B; FY26 guides >20% EPS growth

QUANTA SERVICES, INC.

2025-FY EPS reported $6.80 revenue$28,479,697,000

Q4 revenue $7.84B (record), +20% YoY; GAAP EPS $2.08; adj EPS $3.16 (record).
Full-year 2025 revenue $28.48B (record), adj EPS $10.75, net income $1.03B, adj EBITDA $2.88B (all records).
Year-end backlog record $43.98B; RPO $23.76B; Electric segment backlog at all-time highs.
FY2026 guidance: double-digit revenue/net income/adj EBITDA growth; over 20% EPS growth; record backlog expected.
Acquired Tri-City, Wilson, and Billings during Q4; expands electrical infrastructure platform.

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