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Did Quanta Services Beat Earnings?
Quanta Services (PWR) reported Q2 '26 revenue of $9.56B, up 41.1% year-over-year, with reported EPS of $3.93. That topped the $3.03 analyst estimate by 29.7% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Quanta Services’s job postings, web traffic, and employee business outlook. See the full PWR stock analysis or the earnings calendar for upcoming reports.
PWR Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q2 '26 | $3.03 | $3.93 | Beat +29.7% |
| Q1 '26 | $2.03 | $2.68 | Beat +32.0% |
| Q4 '25 | $3.02 | $3.16 | Beat +4.6% |
| Q3 '25 | $3.26 | $3.33 | Beat +2.1% |
| Q2 '25 | $2.45 | $2.48 | Beat +1.2% |
| Q1 '25 | $1.66 | $1.78 | Beat +7.2% |
Quanta Services Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.49B | 6.55B | 6.23B | 6.77B | 7.51B | 7.84B | 7.87B | 9.56B |
| Gross margin | 13.9% | 14.5% | 11.6% | 13.2% | 14.5% | 12.6% | 14.1% | 16.2% |
| Operating margin | 6.6% | 6.8% | 3.9% | 5.8% | 6.9% | 6.2% | 4.2% | 7.3% |
| Net income | 293M | 305M | 144M | 229M | 339M | 316M | 231M | 451M |
| Net margin | 4.5% | 4.7% | 2.3% | 3.4% | 4.5% | 4.0% | 2.9% | 4.7% |
| EPS | $2.72 | $2.94 | $1.78 | $2.48 | $3.33 | $3.16 | $2.68 | $3.93 |
Quanta Services Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, Quanta Services’s quarterly revenue moved from $6.49B to $9.56B. Net margin held roughly steady from 4.5% to 4.7%, against a 16.2% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Quanta Services has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.
When Is Quanta Services’s Next Earnings Date?
Quanta Services reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the PWR earnings calendar.
Frequently Asked Questions: Quanta Services Earnings
Quanta Services's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
Quanta Services reported Q2 '26 EPS of $3.93 on revenue of $9.56B (+41.1% YoY). Quanta Services beat estimates, reporting $3.93 vs. the $3.03 estimate.
Quanta Services reported Q2 '26 revenue of $9.56B, up 41.1% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the PWR AI Score.
