Flagship explainer

How Quanta Services, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$28.5B · 100%Cost of revenue$24.2B · 85%Gross profit$4.3B · 15%Operating income$1.6B · 6%Income before tax$1.4B · 5%Income tax$348M · 1%Net income$1.0B · 4%As of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$28.5B100%
Cost of revenue$24.2B85%
$4.3B15%
$1.6B6%
Income before tax$1.4B5%
Income tax$348M1%
$1.0B4%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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