Quanta Services said revenues for the 3 months ended June 30, 2025 increased compared with the prior-year period, with the Electric segment up $971.2 million and the Underground and Infrastructure segment up $207.4 million. The company said the increase in Electric included approximately $750 million in revenues from acquired businesses.

1. 01

   Quanta Services said revenues for the 3 months ended June 30, 2025 increased compared with the prior-year period, with the Electric segment up $971.2 million and the Underground and Infrastructure segment up $207.4 million. The company said the increase in Electric included approximately $750 million in revenues from acquired businesses.

2. 02

   Quanta Services acquired Dynamic Systems, LLC in July 2025. The company said the upfront consideration, subject to certain adjustments, was approximately $1.35 billion, consisting of cash and approximately $200 million of Quanta common stock, with a potential earnout payment of up to $216.0 million. It said it utilized approximately $700.0 million of borrowings under its commercial paper program and availability under its revolving credit facility to finance the cash portion of the acquisition.

3. 03

   The company said net cash provided by operating activities for the 6 months ended June 30, 2025 was $538.9 million, compared with $629.3 million in the corresponding period of 2024, and it used $734.4 million for acquisitions and investments in unconsolidated affiliates, $134.6 million for repurchases of common stock and $30.3 million for dividend payments.

4. 04

   Quanta Services said remaining performance obligations as of June 30, 2025 were $19.16 billion and backlog was $35.84 billion, representing increases of 14.3% and 3.8%, respectively, compared with December 31, 2024.

Key figures

Quarter ended June 30, 2025

Revenue

$6.8B

Operating income

$370M

Net income

$229M

EPS

$1.52

Gross profit

$1.0B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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