Quanta Services Q3 FY2026: revenue up 57.4%, adjusted EPS beats
Quanta's Q3 FY2026 is a clear beat: revenue rose 57.4% to $12.01 billion, adjusted EPS of $6.06 topped the $5.07 consensus, and management raised full-year revenue guidance to a $41.45 billion midpoint. Read the quarter through three lenses: explosive Electric-led growth, a $63.7 billion backlog that supports future work, and working-capital and project-timing risks that can distort cash and guidance.
1 · Expected vs. Actual
Free preview belowAgainst the provided $5.07 consensus EPS estimate, adjusted diluted EPS of $6.06 was a 19.6% beat. GAAP diluted EPS was $4.55; the $1.51 gap reflects adjustments including $188.6 million of intangible amortization and $67.9 million of non-cash stock compensation. Net income was $694.9 million, up from $339.4 million a year earlier.
Revenue was $12.01 billion, up 57.4% from $7.63 billion a year earlier and up 25.7% from $9.56 billion in Q2 FY2026. Electric produced $9.80 billion, or 81.6% of the total, while Underground and Infrastructure produced $2.22 billion. Gross margin was 16.7%, up from 15.9% in Q3 FY2025.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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