Quanta Services Q2 rev $6.8 bln, up 16% YoY, EPS $1.52, adj. EPS $2.48.

• Quanta Services reports Q2 2025 consolidated revenues of $6.8 bln • Q2 GAAP diluted EPS of $1.52 and adjusted diluted EPS of $2.48 • Net income attributable to common stock of $229.3 mln and adjusted EBITDA of $668.8 mln • Year-to-date cash flow from operations of $538.9 mln and free cash flow of $288.2 mln • RPO of $19.2 bln and total backlog of $35.8 bln • Selected for the Boardman to Hemingway high-voltage electric transmission project • Raises full-year 2025 outlook to reflect strong Q2 results and Dynamic Systems acquisition

Quanta Services (NYSE:PWR) has reported its second-quarter 2025 financial results, showcasing robust performance across various key metrics. The company reported consolidated revenues of $6.8 billion, a significant increase from the $5.59 billion recorded in the second quarter of 2024 [2]. This growth was driven by favorable market trends and strategic initiatives, including the acquisition of Dynamic Systems and selection for the Boardman to Hemingway high-voltage electric transmission project.

The company's adjusted diluted earnings per share (EPS) for the quarter was $2.48, up from $1.90 in the same period last year. The GAAP diluted EPS was $1.52, indicating a strong financial performance. Additionally, net income attributable to common stock reached $229.3 million, while adjusted EBITDA stood at $668.8 million. These figures reflect the company's ability to manage costs effectively while driving revenue growth.

Quanta's year-to-date cash flow from operations totaled $538.9 million, and the free cash flow was $288.2 million. The company's total backlog reached a record $35.8 billion, underscoring its strong position in the market. The company's research and development (R&D) expenses for the quarter were $19.2 billion, highlighting its commitment to innovation and future growth.

Quanta Services has also raised its full-year 2025 outlook to reflect the strong Q2 results and the $1.35 billion acquisition of Dynamic Systems. The new guidance expects revenues to be between $27.4 billion and $27.9 billion, net income of $978.5 million to $1.07 billion, and adjusted EBITDA of $2.76 billion to $2.89 billion [2].

The company's Zacks Rank is currently 3, indicating a "Hold" rating. However, its Earnings ESP (Earnings Surprise Percentage) is -0.18%, which suggests a potential for an earnings surprise. The company has historically shown strong performance, with earnings beating estimates in three out of the last four quarters [1].

In summary, Quanta Services' Q2 2025 financial results demonstrate the company's ability to navigate market conditions and capitalize on strategic opportunities. The strong performance across various metrics positions the company well for the remainder of the year and beyond. Investors should closely monitor the company's progress as it continues to execute its growth strategy.

References:
[1] https://finance.yahoo.com/news/heres-investors-must-know-ahead-152500195.html
[2] https://www.stocktitan.net/news/PWR/quanta-services-reports-second-quarter-2025-gx5hcfga62yg.html