Quanta’s order book reaches $48.5 billion
Quanta Services has positioned itself to benefit from infrastructure build-out and grid modernization, with a record backlog of $48.5 billion.
The company’s services are essential for building substations and upgrading transmission lines.
The 12-month backlog of $28 billion is up 45% and equivalent to the company’s full-year 2025 revenue.
The business is shifting toward larger, fixed-price contracts, which accounted for around 63% of total revenue in the first quarter.