Quanta Services, Inc. (NYSE:PWR) Q2 2025 Earnings Call Transcript\n\nPublished on August 2, 2025 at 8:14 am by Insider Monkey Transcripts in News, Transcripts\n\nQuanta Services, Inc. (NYSE:PWR) reported strong double-digit growth in revenue, adjusted EBITDA, and adjusted earnings per share during the second quarter of 2025. The company announced the acquisition of Dynamic Systems, a premier mechanical, plumbing, and process infrastructure solutions provider, which strengthens Quanta's capabilities in growing technology, manufacturing, and other load center markets. The acquisition is expected to expand Quanta's total addressable market across several strategic verticals. Additionally, Quanta made a strategic investment in Bell Lumber and Pole Company, the largest private producer of round wooden poles and other mass timber products.\n\nQuanta's President and CEO, Earl C. Austin, highlighted the company's record backlog of $35.8 billion and several other record financial metrics. He emphasized Quanta's strategy of craft-skilled labor, execution certainty, investment discipline, and clear strategic rationale. Quanta's differentiated platform and solution-based approach enable it to provide comprehensive self-perform infrastructure solutions, creating deeper strategic relationships with customers.\n\nJayshree S. Desai, Quanta's CFO, reported second quarter revenues of $6.8 billion, net income attributable to common stock of $229 million, adjusted diluted earnings per share of $2.48, and adjusted EBITDA of $669 million. The company generated healthy cash flows with cash flow from operations of $296 million and free cash flow of $170 million. Quanta's financial expectations for the year have been raised due to strong performance and strategic acquisitions.\n\nIn the Q&A session, Duke Austin and Jayshree Desai discussed various topics, including the impact of the big beautiful bill, utility CapEx pivoting towards larger transmission projects, and the strategic rationale behind the acquisition of Dynamic Systems. They also addressed questions about renewable energy projects and the potential effects of the Investment Tax Credit (ITC) winding down. The executives expressed confidence in Quanta's ability to grow revenues and earnings over the coming years, driven by favorable end market trends and the company's strategic initiatives.

Quanta Services, Inc. (NYSE:PWR) Q2 2025 Earnings Call Transcript

Quanta Services, Inc. reported strong financial performance in Q2 2025, including double-digit revenue growth, record backlog, and strategic acquisitions. The company acquired Dynamic Systems to expand its infrastructure solutions and invested in Bell Lumber, a mass timber producer. Executives highlighted record financial metrics and confidence in future growth.