Quanta's Net Income Nearly Doubles: Can Profit Growth Stay Hot?
Quanta Services (PWR) reported exceptional Q2 2026 results with net income nearly doubling to $451.4 million and revenues climbing 41.1% to $9.56 billion. The Electric segment led growth with 43.6% revenue increase and 62.5% operating income surge. The company raised its full-year 2026 outlook for net income to $1.74-$1.82 billion and adjusted EBITDA to $4.09-$4.21 billion, supported by strong infrastructure demand and recent acquisitions.