Strong Financial Performance: Quanta Services reported a robust second quarter 2025 with revenues of $6.8 billion, a 15% increase year-over-year. Adjusted EBITDA grew to $669 million, and adjusted EPS rose to $2.48, marking double-digit growth across key metrics. The company has raised its full year 2025 revenue guidance to a range of $27.4 billion to $27.9 billion, reflecting strong operational performance and backlog growth.
Record Backlog and Acquisitions: The company announced a record backlog of $35.8 billion and the acquisition of Dynamic Systems, enhancing its mechanical, plumbing, and process infrastructure capabilities. This acquisition positions Quanta to capture growth in technology and manufacturing sectors and further expand its addressable market.
Increased Capital Deployment and Investment Strategy: Quanta emphasizes disciplined investments in technology and complementary businesses, such as its recent stakes in Bell Lumber and Dynamic Systems. This strategic capital deployment is expected to drive long-term sustainable growth, with an elevated focus on sectors benefiting from technological advancements and infrastructure modernization.