Key Highlights

  • Quanta's $0.11 quarterly dividend goes ex-dividend October 1, 2026 and is payable October 9 to shareholders of record.
  • Second-quarter revenue was a record $9.56 billion versus $6.77 billion a year earlier.
  • GAAP net income attributable to common stock was $451.4 million, or $2.96 per diluted share, versus $229.3 million, or $1.52.
  • Adjusted diluted EPS, a non-GAAP measure, was $4.24, and backlog was a record $53.4 billion.

Overview

Quanta Services, Inc.'s (NYSE:PWR) $0.11 quarterly dividend, declared September 2, 2026, yields 0.07% and matches the $0.11 paid July 13. Second-quarter GAAP diluted EPS was $2.96 and adjusted diluted EPS, a non-GAAP measure, was $4.24. The board authorized a new $1 billion share repurchase program in May.

Dividend Program and Shareholder Returns

Quanta's board declared a regular quarterly dividend of $0.11 per common share on September 2, 2026, payable October 9 to shareholders of record on October 1. The second-quarter dividend was declared May 22 and paid July 13 to shareholders of record July 1 at the same $0.11 rate.

In May, the board also authorized a new $1 billion share repurchase program. The latest filings identify no special or supplemental common dividend.

About the Company

Quanta Services provides specialized contracting and infrastructure solutions for electric power, energy, communications and related industries. Its operating companies design, install, repair and maintain transmission and distribution systems, renewable energy infrastructure, pipelines, industrial facilities and communications networks. Results depend on project execution, labor availability, material costs, acquisitions and customer capital spending.

Financial Performance Behind the Payout

Quanta reported record second-quarter revenue of $9.56 billion, up from $6.77 billion. GAAP net income attributable to common stock was $451.4 million, or $2.96 per diluted share, compared with $229.3 million, or $1.52. Adjusted diluted EPS, a non-GAAP measure, was $4.24. For the first six months, net income attributable to common stock was $672.0 million.

Cash flow from operations was $1.1 billion in the quarter. Remaining performance obligations were a record $33.6 billion, and total backlog was a record $53.4 billion.

Backlog, Guidance and Capital Allocation

Quanta raised its 2026 financial expectations with its second-quarter results. Management cited demand for electric transmission and distribution infrastructure, data-center-related power requirements, renewable generation and broader energy infrastructure investment.

The $53.4 billion of backlog includes $33.6 billion of remaining performance obligations, which represent contracted future revenue. The 10-Q describes growth across electric infrastructure, renewable energy and communications markets, together with acquisition and integration activity.

The company's capital allocation program includes the regular dividend, the $1 billion repurchase authorization, acquisitions and infrastructure investment. GAAP diluted EPS of $2.96 and adjusted diluted EPS of $4.24 are reported separately.

Outlook

Quanta raised its 2026 financial expectations with its second-quarter results. Backlog of $53.4 billion, remaining performance obligations of $33.6 billion and repurchases under the $1 billion authorization are the other items the company reports.