XML 47 R34.htm IDEA: XBRL DOCUMENT v3.26.1

Detail of Certain Accounts (Tables)

3 Months Ended

Mar. 31, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Cash and Cash Equivalents

Amounts related to cash and cash equivalents held by consolidated or proportionately consolidated joint ventures and the captive insurance company, which are included in Quanta’s total cash and cash equivalents balances, were as follows (in thousands):

						March 31, 2026						December 31, 2025
Cash and cash equivalents held by domestic joint ventures						$	73,356					$	63,620
Cash and cash equivalents held by foreign joint ventures						13,454						10,639
Total cash and cash equivalents held by joint ventures						86,810						74,259
Cash and cash equivalents held by captive insurance company						16,521						19,595
Cash and cash equivalents not held by joint ventures or captive insurance company						261,430						345,654
Total cash and cash equivalents						$	364,761					$	439,508

Schedule of Inventory, Current

Inventories consisted of the following (in thousands):

						March 31, 2026						December 31, 2025
Construction materials and aviation spare parts						$	147,527					$	143,994
Raw materials						73,565						64,758
Work-in-process						12,226						4,427
Finished goods and merchandise purchased for resale						213,573						157,193
Total Inventories, net						$	446,891					$	370,372

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):

						March 31, 2026						December 31, 2025
Prepaid expenses						$	465,512					$	488,488
Other current assets						167,721						235,772
Prepaid expenses and other current assets						$	633,233					$	724,260

Schedule of Identifiable Intangible Assets

Quanta’s identifiable intangible assets were as follows (in thousands):

						March 31, 2026						December 31, 2025
Customer relationships						$	3,535,422					$	3,523,939
Backlog						577,249						618,911
Trade names						794,379						794,379
Non-compete agreements						91,423						91,781
Patented rights, developed technology, process certifications and other						35,440						35,413
Curriculum						16,715						16,691
Other intangible assets subject to amortization						5,050,628						5,081,114
Accumulated amortization						(2,329,405)						(2,177,926)
Other intangible assets subject to amortization, net						2,721,223						2,903,188
Engineering license						3,000						3,000
Other intangible assets, net						$	2,724,223					$	2,906,188

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in thousands):

						March 31, 2026						December 31, 2025
Accounts payable, trade						$	2,915,840					$	2,832,600
Accrued compensation and related expenses						728,556						781,610
Other accrued expenses						1,093,845						965,248
Accounts payable and accrued expenses						$	4,738,241					$	4,579,458

X

- References

No definition available.

+ Details

Name:	us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of cash and cash equivalents.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-SubTopic 30
-Topic 350
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(6)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483489/210-10-50-1

+ Details

Name:	us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the carrying amounts of other current assets.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration