PWR Q2 2023 Earnings — Quanta Services, Inc. Revenue & Financial Results | Market Cap Arena

PWRQuanta Services, Inc.

$86B

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$5.0B+19.3% YoY

Gross Profit

$654M13.0% margin

Operating Income

$272M5.4% margin

Net Income

$166M3.3% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

+14.0%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

$21M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$14.7B

Total Liabilities

$9.0B

Stockholders' Equity

$5.7B

Cash & Equivalents

$362M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$4.2B	+19.3%
Gross Profit	$654M	$517M	+26.6%
Operating Income	$272M	$208M	+30.8%
Net Income	$166M	$88M	+88.5%

Revenue Segments

Electric Power Infrastructure

$2.4B48%

Renewable Energy Infrastructure Solutions

$1.4B28%

Underground Utility and Infrastructure Solutions

$1.2B25%

Geographic Segments

UNITED STATES

$4.3B85%

CANADA

$523M10%

AUSTRALIA

$157M3%

Non-US

$86M2%