Short answer
Quanta Services (PWR) filed its Q1 2025 10-Q quarterly report on May 1, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $6.2B (up 23.9% year over year) with net income of $144M.
Q1 2025 key financials · XBRL
- Revenue
- $6.2B
- +23.9% YoY
- Net income
- $144M
- +21.9% YoY
- Operating margin
- 3.8%
- Gross margin
- 13.4%
- EPS (diluted)
- $0.96
- +21.5% YoY
Source: XBRL data from the Quanta Services (PWR) Q1 2025 10-Q on SEC EDGAR. USD.
Quanta Services Q1 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Financing cash flow $+ net borrowings in Q1 2025 vs $504.5M net repayments in Q1 2024
- $118.6M common stock repurchases and $15.5M dividends paid in Q1 2025 vs $13.7M dividends in Q1 2024
- $71.6M payments for tax withholding on stock-based compensation in Q1 2025 vs $75.7M in Q1 2024
- Management expects continued debt repayments, dividend payments, and stock or debt repurchases in near term
- No explicit revenue, profit, or segment performance data disclosed in provided text
Risk Factors
- No newly added risk factors disclosed this quarter; risk factors consistent with 2024 Annual Report
- Updated project variability risk emphasizes increased exposure to fixed price contract losses due to complex regulatory, timing, and permitting uncertainties
- Regulatory risk includes potential delays, protests, legal challenges impacting large infrastructure projects, affecting profit margins and schedules
- Operational risk from seasonality and severe weather, with U.S. first quarter revenues lowest due to weather and capital budget timing, impacting project start
- Market risk from demand fluctuations linked to customer capital spending, renewable energy tax credits, tariffs, and economic conditions influencing quarter-to-quarter volume
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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