Quanta Services, Inc. · PWR · Next earnings

Quanta Services, Inc. reports Thursday, Feb 18, 2027

PWR reports before market open with consensus EPS at $5.12 and revenue at $11.92B. Last quarter: Quanta raises 2026 outlook as backlog reaches $64 billion

Reports Before market open106 days awayDate estimated Industrials

What the street expects

Consensus for the coming report
Consensus EPS $5.12 Calendar consensus
Consensus revenue $11.92B Calendar consensus
Report date Feb 18, 2027 Thursday, date estimated
Session Before market open 106 days away

Where PWR left off: FY2026 Q3

Full report

Quanta raises 2026 outlook as backlog reaches $64 billion

EPS surprise +20.7% Reported $6.06 vs $5.02
Revenue surprise +8.9% Reported $12.01B vs $11.03B
Stock move +4.7% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised the full-year 2026 outlook to $41.3-$41.6 billion of revenue and $4.4-$4.49 billion of adjusted EBITDA.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Labor hiring constraints could limit project execution despite expanded training.
  • Copper, OEM component, fuel, and insurance costs may pressure delivery or margins.
  • Permitting and regulatory delays could defer large transmission programs.
  • A slowdown in data-center demand could affect project growth.
  • Fixed-price contract exposure and ROIC progression warrant monitoring.

Questions analysts left open

  • Whether margin expansion can persist beyond favorable mix and labor leverage.
  • Labor availability and training capacity could constrain execution.
  • Copper and OEM component shortages may pressure delivery and costs.
  • Timing and backlog composition of large transmission projects remain important.
  • Fixed-price contract exposure, permitting delays, and the pace of data-center demand are key risks.

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Recent PWR quarters

All PWR earnings
+4.7%FY2026 Q3+17.3%FY2026 Q2+15.8%FY2026 Q1+6.7%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.