Amid the sharp correction in AI stocks, investors question what to do next.

Quanta Services (PWR) shows re-accelerating demand, with revenue growing 60.1% year over year to roughly $12.0B in 2026Q3 and diluted EPS rising 103.1% to $4.55, suggesting operating leverage is beginning to emerge as operating margin expanded from 3.9% in 2025Q1 to 8.5% in 2026Q3.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue and margin trends show strong top-line acceleration with gross margin recovering from 11.6% in 2025Q1 to 16.7% in 2026Q3, though operating margin of 8.5% remains thin and leaves little cushion against cost overruns.
Quanta Services reported significant revenue of $7.87B in Q1 2026, showcasing robust financial performance.
The company maintains a strong backlog of $48.5B, indicating sustained demand and future revenue potential.
Quanta Services raised its financial guidance, reflecting confidence in continued growth and execution.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $6.06+20.7% vs $5.02 | $12.0B+8.9% vs $11.0B |
Q3 2026 Jul 30, 2026 | $4.24+28.1% vs $3.31 | $9.6B+11.0% vs $8.6B |
Q2 2026 Apr 30, 2026 | $2.68+31.4% vs $2.04 | $7.9B+12.5% vs $7.0B |
Q1 2026 Feb 19, 2026 | $3.16+4.6% vs $3.02 | $7.8B+6.5% vs $7.4B |
Amid the sharp correction in AI stocks, investors question what to do next.

Fourteen more units due in early 2027; HYPRC to be presented on Canada's Energy Storage & Grid Tech Roadshow Vancouver, British Columbia--(Newsfile Corp. - November 6, 2026) - Aegis Critical Energy Defence Corp. (CSE: QESS) (OTCQB: QESSF) (FSE: JG6) ("Aegis" or the "Company") is pleased to announce that it is shipping seven PWR Flex 261Q energy storage systems to the United States for its channel partner GGV Energy, filling the first U.S. order announced on May 26, 2026. They are the first commercial shipment of a storage system of Aegis's own design, and installation is expected before the end of 2026.

The Blue Wave is throwing some cold water on the AI trade.
Caldwell Trust Co raised its stake in shares of Quanta Services, Inc. (NYSE: PWR) by 8.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,504 shares of the construction company's stock after purchasing an additional 1,232 shares during the quarter. Caldwell
Benchmark PWR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Quanta Services, Inc. (PWR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $540.90 | $81.17B | 79.54 | 19.76% | 3.63% | 12.57% | 0.07% | |
| $608.45 | $27.04B | 21.58 | 16.64% | 7.77% | 38.77% | 0.16% | |
| $262.91 | $4.09B | 34.92 | 8.79% | 4.48% | 26.32% | — | |
| $66.22 | $1B | 18.97 | 20.46% | 8.8% | 20.92% | — | |
| $207.52 | $6.23B | 21.71 | 17.95% | 4.79% | 18.05% | — | |
| $65.40 | $3.55B | 13.03 | 18.97% | 1.92% | 8.46% | 0.48% |
Quanta Services, Inc. (PWR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Quanta Services, Inc. (PWR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Jul 30, 2026·SEC
May 27, 2026·SEC
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Quanta Services, Inc. (PWR) stock FAQ — growth, dividends, profitability & financials explained
Quanta Services, Inc. (PWR) reported $37.29B in revenue over the trailing twelve months. Revenue was $28.35B in fiscal year 2025. That is 37107% more than the $76.2M of fiscal year 1997.
Quanta Services, Inc. (PWR) grew revenue by 19.8% in fiscal year 2025, compared with the prior fiscal year.
Yes. Quanta Services, Inc. (PWR) earned $1.69B in net income over the trailing twelve months (a 4.5% net margin).
Quanta Services, Inc. (PWR) does not currently pay a meaningful dividend.
Quanta Services, Inc. (PWR) had a return on equity (ROE) of 12.6% in fiscal year 2025. That is in line with the market's typical 10-15%.
Quanta Services, Inc. (PWR) generated $2.29B in free cash flow over the trailing twelve months.