PWR Q1 2023 Earnings — Quanta Services, Inc. Revenue & Financial Results | Market Cap Arena

PWRQuanta Services, Inc.

$86B

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$4.4B+11.7% YoY

Gross Profit

$501M11.3% margin

Operating Income

$135M3.1% margin

Net Income

$95M2.1% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

-$42M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$14.0B

Total Liabilities

$8.5B

Stockholders' Equity

$5.5B

Cash & Equivalents

$217M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$4.0B	+11.7%
Gross Profit	$501M	$432M	+15.8%
Operating Income	$135M	$123M	+10.3%
Net Income	$95M	$85M	+12.3%

Revenue Segments

Electric Power Infrastructure

$2.3B53%

Underground Utility and Infrastructure Solutions

$1.1B24%

Renewable Energy Infrastructure Solutions

$1.0B23%

Geographic Segments

UNITED STATES

$3.7B83%

CANADA

$542M12%

AUSTRALIA

$155M3%

Non-US

$65M1%