Company Dossier · Industrials
Quanta Services
- S&P 500
- Russell 1000
What Quanta Services is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $32.9 billion, up 26% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $2.39 billion, up 76% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $0.79 billion, up 25% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to December 31, 2025: $0.13 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (July 30, 2026): sentiment 0.80 on a −1 to +1 scale (confident, opportunity-framed), confidence 0.90 of 1.Palanor Discourse
- Guidance in the last 90 days: 7 outlook figures raised, 0 lowered, 0 held.Guidance Ledger (8-K results releases)
- Latest annual report (filed February 19, 2026): 0 risk factors added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q2 2026: $123 million on the open market.SEC Form 4
- 1,947 institutional managers reported a position at June 30, 2026 (+199 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 7 (7 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What Quanta Services is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Expanding · Confident
Expanding ↔ Retrenching
Expanding
- Capital spending65th pct
- Debt raised—
- Buybacks vs capex95th pct
- Hiring filings56th pct
- Deals and private raises40th pct
- Patent publications68th pct
Confident ↔ Hedging
Confident
- Call sentiment84th pct
- Call confidence84th pct
- Guidance changes97th pct
- Risk factors added61st pct
- Insider open-market trades44th pct
- + Guidance changes
- + Call sentiment
- + Call confidence
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver26th pct
- Stress filings50th pct
Credit
How these are built →Quanta Services's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Debt on the balance sheet
$6.1B
- Due within a year $0.7B
- Longer term $5.4B
- Default point $3.4B (short + ½ long)
Finance leases included · Jun 30, 2026 filing
Bonds priced, last 12 months
$2.0B
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Aug 3, 2026 | $750M | 5.550% | 2036 (10y) | +90bp | — |
| Aug 3, 2026 | $500M | 4.850% | 2029 (3y) | +55bp | — |
| Aug 3, 2026 | $750M | 5.300% | 2033 (7y) | +80bp | — |
| Aug 4, 2025 | $500M | 4.500% | 2031 (5y) | +80bp | — |
| Aug 4, 2025 | $500M | 5.100% | 2035 (10y) | +93bp | — |
| Aug 4, 2025 | $500M | 4.300% | 2028 (3y) | +65bp | — |
| Aug 7, 2024 | $600M | 4.750% | 2027 (3y) | +95bp | — |
| Aug 7, 2024 | $650M | 5.250% | 2034 (10y) | +135bp | — |
From the pricing term sheets Quanta Services filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 16, 2026LobbyingLobbying report (BROWNSTEIN HYATT FARBER SCHRECK, LLP)third_quarter 2026 · $0.1 million
- Oct 15, 2026LobbyingLobbying report (CAPITOL COUNSEL LLC)third_quarter 2026 · $0.0 million
- Oct 14, 2026LobbyingLobbying report (VANTAGEKNIGHT LLC)third_quarter 2026 · $0.0 million
- Sep 15, 20268-KDirector or officer changeItem 5.02
- Aug 6, 20268-KMaterial agreement signedItem 1.01
- Aug 4, 20268-KMaterial agreement signedItem 1.01
- Jul 21, 2026LobbyingLobbying report (BIGHORN PUBLIC AFFAIRS GROUP)second_quarter 2026 · $0.0 million
- Jul 21, 2026LobbyingLobbying report (DMM STRATEGIES)second_quarter 2026 · $0.0 million
- Jul 16, 2026LobbyingLobbying report (BROWNSTEIN HYATT FARBER SCHRECK, LLP)second_quarter 2026 · $0.1 million
- Jul 15, 2026LobbyingLobbying report (CAPITOL COUNSEL LLC)second_quarter 2026 · $0.0 million
- Jul 14, 2026Patent
- Jul 9, 2026LobbyingLobbying report (VANTAGEKNIGHT LLC)second_quarter 2026 · $0.0 million
- Jun 2, 2026Patent
- May 27, 20268-KShareholder vote resultsItem 5.07
- Apr 28, 2026Patent
- Apr 16, 20268-KDirector or officer changeItem 5.02
- Mar 17, 2026Patent
- Mar 4, 20268-KDirector or officer changeItem 5.02
- Feb 24, 2026Patent
- Feb 19, 202610-KAnnual report (10-K)0 risk factors added, 0 removed
- Aug 7, 20258-KMaterial agreement signedItem 1.01
- Aug 5, 20258-KMaterial agreement signedItem 1.01
- May 29, 20258-KDirector or officer changeItem 5.02
- May 29, 20258-KShareholder vote resultsItem 5.07
- Mar 5, 20258-KDirector or officer changeItem 5.02
- Feb 20, 202510-KAnnual report (10-K)0 risk factors added, 0 removed
- Jan 7, 20258-KDirector or officer changeItem 5.02
- Feb 22, 202410-KAnnual report (10-K)0 risk factors added, 0 removed
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Emcor EME | $18.6B | $1.2B | Jun 30, 2026 |
| MasTec MTZ | $16.1B | $0.2B | Jun 30, 2026 |
| AECOM ACM | $15.4B | $0.2B | Jun 30, 2026 |
| Jacobs Solutions J | $14.2B | $0.6B | Jun 26, 2026 |
| APi Group APG | $8.4B | $0.7B | Jun 30, 2026 |
| Everus Construction Group ECG | $4.3B | $0.3B | Jun 30, 2026 |
| Comfort Systems USA FIX | $1.8B | $2.2B | Jun 30, 2026 |
| Cummins CMI | $33.7B | $3.4B | Jun 30, 2026 |