
• Reported GAAP EPS of $1.47 up 51.55% YoY • Reported revenue of $7.87B up 26.33% YoY • Quanta Services is increasing its full-year 2026 financial expectations, now projecting revenues between $34.7 billion and $35.2 billion, and adjusted diluted EPS from $13.55 to $14.25.
Bullish
Quanta Services delivered strong Q1 results with double-digit growth and record backlog, driven by its unique market positioning in converging utility and generation markets, and is increasing 2026 expectations.
Bearish
Quanta Services faces future uncertainty from weather, regulatory, supply chain challenges, and broader economic conditions like inflation and interest rates, alongside potential skilled labor shortages.