Key Takeaways Quanta ended 2025 with record $28.5B revenues and $43.98B backlog, up 27.3% Y/Y.AI-driven data center demand is boosting utility spending across generation and grid infrastructure.PWR guides 2026 revenues of $33.25B-$33.75B, signaling continued double-digit growth.Quanta Services, Inc. (PWR) appears increasingly well-positioned to capitalize on the AI-driven power demand surge, particularly as utilities and data center developers accelerate infrastructure investments.The company closed 2025 on ...