Quanta Services, Inc. (PWR) Revenue History
Annual and quarterly revenue from 1997 to present
PWR Revenue Over Time (1997–2025)
PWR Revenue Growth History
22 of 28 years with positive growth- FY1997 revenue growth
- N/A
- FY1998 revenue growth
- +305.8%
- FY1999 revenue growth
- +199.4%
- FY2000 revenue growth
- +93.7%
- FY2001 revenue growth
- +12.4%
- FY2002 revenue growth
- -13.1%
- FY2003 revenue growth
- -6.2%
- FY2004 revenue growth
- -1.0%
- FY2005 revenue growth
- +14.3%
- FY2006 revenue growth
- +14.7%
- FY2007 revenue growth
- +24.6%
- FY2008 revenue growth
- +42.3%
- FY2009 revenue growth
- -12.2%
- FY2010 revenue growth
- +18.5%
- FY2011 revenue growth
- +17.6%
- FY2012 revenue growth
- +28.0%
- FY2013 revenue growth
- +10.2%
- FY2014 revenue growth
- +20.4%
- FY2015 revenue growth
- -3.6%
- FY2016 revenue growth
- +1.0%
- FY2017 revenue growth
- +23.7%
- FY2018 revenue growth
- +18.0%
- FY2019 revenue growth
- +8.4%
- FY2020 revenue growth
- -7.5%
- FY2021 revenue growth
- +15.9%
- FY2022 revenue growth
- +31.5%
- FY2023 revenue growth
- +22.3%
- FY2024 revenue growth
- +13.4%
- FY2025 revenue growth
- +19.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $7.87B | +26.3% |
| Q4 2025 | $7.84B | +19.6% |
| Q3 2025 | $7.51B | +15.6% |
| Q2 2025 | $6.77B | +21.1% |
| Q1 2025 | $6.23B | +23.9% |
| Q4 2024 | $6.55B | +13.3% |
| Q3 2024 | $6.49B | +15.5% |
| Q2 2024 | $5.59B | +10.8% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
PWR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PWR Revenue Analysis (1997–2025)
Current Revenue & Growth
As of June 22, 2026, Quanta Services, Inc. (PWR) generated trailing twelve-month (TTM) revenue of $29.99 billion, reflecting exceptional growth of +26.3% year-over-year. The most recent quarter (Q1 2026) recorded $7.87 billion in revenue, up 0.4% sequentially.
Historical Growth Trajectory
PWR's 5-year compound annual growth rate (CAGR) stands at +20.4%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +18.4% is below the 5-year average, signalling a growth deceleration in recent years. Quanta Services, Inc.'s highest annual revenue of $28.35 billion was recorded in 2025, an all-time high.
Revenue by Segment
PWR's revenue is primarily driven by Electric Power Infrastructure (81%), and Underground Utility and Infrastructure Solutions (19%). With over half of revenue concentrated in Electric Power Infrastructure, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including EME (+18.3% YoY), MYRG (+13.1% YoY), and WLDN (+14.9% YoY) — PWR has outperformed the peer group in revenue growth. Compare PWR vs EME →
PWR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PWRCurrent | $30.0B | +26.3% | +20.4% | 5.8% | |
 EME | $17.0B | +18.3% | +14.1% | 9.8% | |
 MYRG | $3.7B | +13.1% | +10.2% | 4.4% | |
 WLDN | $682M | +14.9% | +11.8% | 6.5% | |
 DY | $5.5B | +29.8% | +11.6% | 12.5% | |
 PRIM | $7.6B | +13.4% | +16.8% | 5.5% |
PWR Historical Revenue Data (1997–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $28.35B | +19.8% | $3.69B | 13.0% | $1.64B | 5.8% |
| 2024 | $23.67B | +13.4% | $3.13B | 13.2% | $1.34B | 5.6% |
| 2023 | $20.88B | +22.3% | $2.65B | 12.7% | $1.13B | 5.4% |
| 2022 | $17.07B | +31.5% | $2.18B | 12.7% | $955.2M | 5.6% |
| 2021 | $12.98B | +15.9% | $1.79B | 13.8% | $679.3M | 5.2% |
| 2020 | $11.20B | -7.5% | $1.58B | 14.1% | $635.7M | 5.7% |
| 2019 | $12.11B | +8.4% | $1.54B | 12.7% | $582.2M | 4.8% |
| 2018 | $11.17B | +18.0% | $1.44B | 12.9% | $586.4M | 5.2% |
| 2017 | $9.47B | +23.7% | $1.21B | 12.8% | $431.7M | 4.6% |
| 2016 | $7.65B | +1.0% | $982.1M | 12.8% | $335.1M | 4.4% |
| 2015 | $7.57B | -3.6% | $892.4M | 11.8% | $299.6M | 4.0% |
| 2014 | $7.85B | +20.4% | $1.21B | 15.4% | $526.0M | 6.7% |
| 2013 | $6.52B | +10.2% | $1.03B | 15.8% | $526.9M | 8.1% |
| 2012 | $5.92B | +28.0% | $900.0M | 15.2% | $465.1M | 7.9% |
| 2011 | $4.62B | +17.6% | $532.7M | 11.5% | $194.8M | 4.2% |
Full Stock Analysis
Deep dive into PWR consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
29+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
PWR — Frequently Asked Questions
Quick answers to the most common questions about buying PWR stock.
Is PWR's revenue growth accelerating or slowing?
PWR revenue growth is accelerating. TTM revenue reached $30.0B, up +26.3% year-over-year — ahead of the 5-year CAGR of +20.4%. This indicates the business is expanding faster than its historical baseline.
What is PWR's revenue history from 1997 to 2026?
Quanta Services, Inc. (PWR) revenue history spans 1997 to 2026. TTM revenue as of 2026 is $30.0B, growing at +26.3% YoY. The 5-year CAGR is +20.4%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is PWR's long-term revenue growth rate (CAGR)?
Quanta Services, Inc.'s 5-year revenue CAGR of +20.4% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +26.3% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for PWR.
Why does PWR's quarterly revenue fluctuate?
PWR quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Quanta Services, Inc.'s revenue data from 1997 to 2026 shows full historical quarterly detail on this page.
How is PWR's revenue distributed by segment?
PWR reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does PWR's revenue compare to industry peers?
Quanta Services, Inc. (PWR) with TTM revenue of $30.0B and +26.3% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.