Risk factors

Quanta Services (PWR) risk factors

Item 1A of every Quanta Services, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    50 risks2 new3 dropped10 reworded

    Inflation now threatens labor costs and customers’ project timing, potentially causing delays or cancellations.

    Filed Feb 19, 2026
  • FY2024 10-K risk factors
    51 risks

    Quanta Services faces concentration risk with its top ten customers generating 31 percent of consolidated revenues in 2024. Unapproved change orders and claims total 733.6 million dollars, creating potential recovery risks. Approximately 32 percent of employees are covered by collective bargaining agreements, exposing operations to union-related risks.

    Filed Feb 20, 2025