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Equity
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Equity
9. EQUITY:
Stock Repurchases
On May 23, 2023, Quanta’s Board of Directors approved a stock repurchase program that authorizes Quanta to purchase, from time to time through June 30, 2026, up to $500 million of its outstanding common stock. During the three months ended March 31, 2026, Quanta did not repurchase any shares of its common stock in the open market under its stock repurchase program. During the three months ended March 31, 2025, Quanta repurchased 471,387 shares of its common stock in the open market under its stock repurchase program for $118.6 million. As of March 31, 2026, $365.1 million remained available under this repurchase program.
Repurchases may be implemented through open market repurchases or privately negotiated transactions, at management’s discretion, based on market and business conditions, applicable contractual and legal requirements and other factors. Quanta is not obligated to acquire any specific amount of common stock, and the repurchase program may be modified or terminated by Quanta’s Board of Directors at any time at its sole discretion and without notice.
Dividends
Quanta declared and paid the following cash dividends and cash dividend equivalents during 2025 and the first three months of 2026 (in thousands, except per share amounts):
DeclarationRecordPaymentDividendDividends
DateDateDatePer ShareDeclared
March 19, 2026April 2, 2026April 10, 2026$0.11 $16,774 
November 17, 2025January 2, 2026January 12, 2026$0.11 $16,742 
August 27, 2025October 1, 2025October 10, 2025$0.10 $14,739 
May 22, 2025July 1, 2025July 11, 2025$0.10 $15,104 
March 21, 2025April 3, 2025April 11, 2025$0.10 $15,089