Reports Q4 revenue $7.84B, consensus $7.37B. “Quanta closed 2025 with another strong quarter, delivering double-digit year-over-year growth in revenue and adjusted EBITDA, while achieving record fourth-quarter and full-year results across multiple key financial metrics. Backlog was exceptionally strong at a record $44.0 billion, reflecting accelerating demand in our Electric segment and sustained activity across our end markets, which positions us well heading into 2026. These results underscore the strength of our portfolio, our differentiated solutions, and the deep expertise of our craft-skilled workforce-enabling us to deliver speed, certainty, and world-class execution as our customers modernize and expand critical infrastructure,” said Duke Austin, president and CEO of Quanta Services (PWR).
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