QUANTA SERVICES, INC. 8K

Quanta Services reported record Q2 2026 results, raised full‑year guidance, executed four acquisitions, formed a high‑voltage breaker joint venture, and authorized a $1 billion share repurchase plus dividend under generally favorable credit and operating conditions.

Quanta Services, Inc. filed a Form 8-K to furnish a press release reporting record second quarter 2026 financial results, including revenues of $9.56 billion, GAAP diluted EPS of $2.96 and adjusted diluted EPS of $4.24, strong cash flow and record backlog, along with a significant upward revision of full‑year 2026 guidance across all major metrics. The company disclosed that it completed or agreed to acquire four businesses—Phalcon, Enerfab, Percheron and PSD—for aggregate upfront consideration of approximately $1.24 billion plus up to about $242.3 million of contingent payments, expecting these acquisitions to contribute $1.2–$1.4 billion of 2026 revenues and $120–$140 million of adjusted EBITDA, largely within its Electric segment. The release also highlighted the formation of a U.S. joint venture with Hyosung HICO to manufacture high‑voltage circuit breakers, authorization of a new $1 billion stock repurchase program and declaration of a $0.11 per share quarterly dividend, a Moody’s credit rating upgrade to Baa2 on senior unsecured notes and Prime‑2 on commercial paper, the election of Joseph Kim to the board, and reaffirmed Quanta’s positive long‑term outlook despite macroeconomic and regulatory uncertainties.

Filing Facts

CIK

1050915

Ticker

PWR

Form

8K

Source Type

sec

Accession

0001193125-26-324855

Alert Tier

7