What changed in Quanta Services, Inc.'s latest annual report
In the year ended 31 Dec 2025, Quanta Services, Inc.'s revenue rose 20.3% to USD 28.48bn, from USD 23.67bn; net income rose 13.7% to USD 1.03bn, from USD 904.82m; cash and cash equivalents fell 40.8% to USD 439.51m, from USD 741.96m.
Year ended 31 Dec 2025. Source: 10-K filed 19 Feb 2026, read it on SEC EDGAR.
USD 23.67bn to USD 28.48bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 23.67bn | 28.48bn | Up 20.3% |
| Net income | 904.82m | 1.03bn | Up 13.7% |
| Total assets | 18.68bn | 24.93bn | Up 33.4% |
| Total liabilities | 11.35bn | 15.90bn | Up 40% |
| Cash and cash equivalents | 741.96m | 439.51m | Down 40.8% |
| Shareholders' equity | 7.32bn | 8.94bn | Up 22.1% |
Questions people ask
Did Quanta Services, Inc.'s revenue grow last year?
Revenue grew 20.3%, from USD 23.67bn to USD 28.48bn in the year ended 31 Dec 2025.
Is Quanta Services, Inc. profitable?
Yes. Net income was USD 1.03bn in the year ended 31 Dec 2025. The year before: USD 904.82m.
How much cash and debt does Quanta Services, Inc. have?
At its latest year end (31 Dec 2025), Quanta Services, Inc. reported cash and cash equivalents of USD 439.51m.
Where do these numbers come from?
From Quanta Services, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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