QualTek Services Inc.

$ Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000162828023024856 Filed on July 13, 2023

Income Statement

Concept	2023 Q2	2022 Q2

Balance Sheet

Concept	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments		$180.0K
YoY Change		-73.74%
Cash & Equivalents	$8.149M	$1.595M
Short-Term Investments
Other Short-Term Assets	$6.536M	$4.030M
YoY Change	62.18%	1252.53%
Inventory	$6.728M	$6.585M
Prepaid Expenses	$6.843M	$8.923M
Receivables	$222.6M	$213.3M
Other Receivables		$0.00
Total Short-Term Assets	$250.8M	$235.9M
YoY Change	6.33%	23889.21%
LONG-TERM ASSETS
Property, Plant & Equipment	$63.96M	$52.60M
YoY Change	21.6%
Goodwill	$14.49M	$28.79M
YoY Change	-49.65%
Intangibles	$311.2M	$353.6M
YoY Change	-12.0%
Long-Term Investments
YoY Change
Other Assets	$4.072M	$1.697M
YoY Change	139.95%
Total Long-Term Assets	$421.1M	$436.7M
YoY Change	-3.57%	279.7%
TOTAL ASSETS
Total Short-Term Assets	$250.8M	$235.9M
Total Long-Term Assets	$421.1M	$436.7M
Total Assets	$671.9M	$672.6M
YoY Change	-0.1%	479.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$77.31M	$62.88M
YoY Change	22.95%	72201.94%
Accrued Expenses	$48.13M	$39.75M
YoY Change	21.08%	3581161.26%
Deferred Revenue	$22.36M	$13.51M
YoY Change	65.44%
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due		$9.564M
YoY Change
Total Short-Term Liabilities	$750.2M	$149.8M
YoY Change	400.74%	169998.21%
LONG-TERM LIABILITIES
Long-Term Debt		$485.2M
YoY Change
Other Long-Term Liabilities	$5.277M	$55.96M
YoY Change	-90.57%	17655.57%
Total Long-Term Liabilities	$5.277M	$485.2M
YoY Change	-98.91%	153831.09%
TOTAL LIABILITIES
Total Short-Term Liabilities	$750.2M	$149.8M
Total Long-Term Liabilities	$5.277M	$485.2M
Total Liabilities	$819.1M	$710.7M
YoY Change	15.25%	176148.03%
SHAREHOLDERS EQUITY
Retained Earnings	-$251.1M	-$195.0M
YoY Change	28.81%	31607.51%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity		-$17.65M
YoY Change
Total Liabilities & Shareholders Equity	$671.9M	$672.6M
YoY Change	-0.1%	479.87%

Cashflow Statement

Concept	2023 Q2	2022 Q2

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	dei	Entity Central Index Key EntityCentralIndexKey	0001839412
CY2023Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q2	dei	Amendment Flag AmendmentFlag	false
CY2021	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2022#AccountingStandardsUpdate202006Member
CY2022Q4	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.qtek.com/20230401#LongTermDebtAndLeaseObligationNetOfDeferredFinancingCostsCurrent
CY2023Q2	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://www.qtek.com/20230401#LongTermDebtAndLeaseObligationNetOfDeferredFinancingCostsCurrent
CY2023Q2	dei	Document Type DocumentType	10-Q
CY2023Q2	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q2	dei	Document Period End Date DocumentPeriodEndDate	2023-04-01
CY2023Q2	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q2	dei	Entity File Number EntityFileNumber	001-40147
CY2023Q2	dei	Entity Registrant Name EntityRegistrantName	QUALTEK SERVICES INC.
CY2023Q2	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q2	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	83-3584928
CY2023Q2	dei	Entity Address Address Line1 EntityAddressAddressLine1	475 Sentry Parkway E,
CY2023Q2	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 200,
CY2023Q2	dei	Entity Address City Or Town EntityAddressCityOrTown	Blue Bell
CY2023Q2	dei	Entity Address State Or Province EntityAddressStateOrProvince	PA
CY2023Q2	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	19422
CY2023Q2	dei	City Area Code CityAreaCode	484
CY2023Q2	dei	Local Phone Number LocalPhoneNumber	804-4585
CY2023Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q2	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q2	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q2	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q2	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023Q2	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023Q2	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	us-gaap	Cash Cash	8149000	usd
CY2022Q4	us-gaap	Cash Cash	495000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5071000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5408000	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	222580000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	244964000	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	6728000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	9033000	usd
CY2023Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6843000	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5289000	usd
CY2023Q2	us-gaap	Other Assets Current OtherAssetsCurrent	6536000	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	2815000	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	250836000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	262596000	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	43732000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	39671000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	63958000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	59818000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	27405000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	28566000	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	311157000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	321686000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	14493000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	14493000	usd
CY2023Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4072000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1768000	usd
CY2023Q2	us-gaap	Assets Assets	671921000	usd
CY2022Q4	us-gaap	Assets Assets	688927000	usd
CY2023Q2	qtek	Long Term Debt And Lease Obligation Net Of Deferred Financing Costs Current LongTermDebtAndLeaseObligationNetOfDeferredFinancingCostsCurrent	592867000	usd
CY2022Q4	qtek	Long Term Debt And Lease Obligation Net Of Deferred Financing Costs Current LongTermDebtAndLeaseObligationNetOfDeferredFinancingCostsCurrent	556426000	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	9516000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	9594000	usd
CY2023Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	77311000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	83298000	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	48131000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	50510000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	22358000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	24094000	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	750183000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	723922000	usd
CY2023Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	27337000	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	22875000	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	21217000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	22491000	usd
CY2023Q2	qtek	Tax Receivable Agreement Liability TaxReceivableAgreementLiability	15084000	usd
CY2022Q4	qtek	Tax Receivable Agreement Liability TaxReceivableAgreementLiability	15084000	usd
CY2023Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	5277000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	5275000	usd
CY2023Q2	us-gaap	Liabilities Liabilities	819098000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	789647000	usd
CY2023Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	174507000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	174112000	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-251142000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-226648000	usd
CY2023Q2	us-gaap	Minority Interest MinorityInterest	-70547000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	-48189000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-147177000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-100720000	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	671921000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	688927000	usd
CY2023Q2	us-gaap	Revenues Revenues	156246000	usd
CY2022Q2	us-gaap	Revenues Revenues	148161000	usd
CY2023Q2	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	143444000	usd
CY2022Q2	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	132105000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	24376000	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	22141000	usd
CY2023Q2	qtek	Transaction Expense TransactionExpense	0	usd
CY2022Q2	qtek	Transaction Expense TransactionExpense	9268000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14999000	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14766000	usd
CY2023Q2	us-gaap	Costs And Expenses CostsAndExpenses	182819000	usd
CY2022Q2	us-gaap	Costs And Expenses CostsAndExpenses	178280000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-26573000	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-30119000	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	304000	usd
CY2022Q2	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1915000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	20583000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	12343000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-20279000	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-10428000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-46852000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-40547000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-22358000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-35547000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-24494000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-5000000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-24494000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-5000000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.88
CY2022Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.20
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.91
CY2022Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.20
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-100720000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	395000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-46852000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-147177000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-66978000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	6711000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	100170000	usd
CY2022Q2	qtek	Adjustments To Additional Paid In Capital Tax Receivable Agreement AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement	34092000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-40547000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-38145000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-46852000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-40547000	usd
CY2023Q2	qtek	Depreciation Amortization And Accretion Of Debt Discount Premium DepreciationAmortizationAndAccretionOfDebtDiscountPremium	14999000	usd
CY2022Q2	qtek	Depreciation Amortization And Accretion Of Debt Discount Premium DepreciationAmortizationAndAccretionOfDebtDiscountPremium	14766000	usd
CY2023Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1576000	usd
CY2022Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1668000	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	395000	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2023Q2	us-gaap-supplement	Investment Company Increase Decrease From Share Transaction InvestmentCompanyIncreaseDecreaseFromShareTransaction	0	usd
CY2022Q2	us-gaap-supplement	Investment Company Increase Decrease From Share Transaction InvestmentCompanyIncreaseDecreaseFromShareTransaction	-6711000	usd
CY2023Q2	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	-196000	usd
CY2022Q2	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	-1006000	usd
CY2023Q2	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	304000	usd
CY2022Q2	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1915000	usd
CY2023Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-231000	usd
CY2022Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-22581000	usd
CY2022Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	10475000	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2306000	usd
CY2022Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1176000	usd
CY2023Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	7539000	usd
CY2022Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1374000	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-8435000	usd
CY2022Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-8827000	usd
CY2023Q2	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1736000	usd
CY2022Q2	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1259000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-22974000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-40686000	usd
CY2023Q2	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	0	usd
CY2022Q2	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	1063000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-22974000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-39623000	usd
CY2023Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	941000	usd
CY2022Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	801000	usd
CY2023Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	407000	usd
CY2022Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2278000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-534000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1477000	usd
CY2023Q2	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	6181000	usd
CY2022Q2	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	48069000	usd
CY2023Q2	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	usd
CY2022Q2	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	124685000	usd
CY2023Q2	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	54926000	usd
CY2022Q2	us-gaap	Proceeds From Short Term Debt ProceedsFromShortTermDebt	0	usd
CY2023Q2	qtek	Payments Of Debt And Financing Costs PaymentsOfDebtAndFinancingCosts	11089000	usd
CY2022Q2	qtek	Payments Of Debt And Financing Costs PaymentsOfDebtAndFinancingCosts	0	usd
CY2023Q2	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	2391000	usd
CY2022Q2	us-gaap	Repayments Of Short Term Debt RepaymentsOfShortTermDebt	2391000	usd
CY2023Q2	qtek	Repayment Of Acquisition Debt RepaymentOfAcquisitionDebt	0	usd
CY2022Q2	qtek	Repayment Of Acquisition Debt RepaymentOfAcquisitionDebt	34718000	usd
CY2023Q2	qtek	Repayment Of Promissory Note RepaymentOfPromissoryNote	0	usd
CY2022Q2	qtek	Repayment Of Promissory Note RepaymentOfPromissoryNote	500000	usd
CY2023Q2	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2022Q2	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	8928000	usd
CY2023Q2	qtek	Payments Of Finance Leases PaymentsOfFinanceLeases	4103000	usd
CY2022Q2	qtek	Payments Of Finance Leases PaymentsOfFinanceLeases	4330000	usd
CY2023Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
CY2022Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	36948000	usd
CY2023Q2	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	usd
CY2022Q2	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	24999000	usd
CY2023Q2	qtek	Payments Of Tax Distributions To Members PaymentsOfTaxDistributionsToMembers	0	usd
CY2022Q2	qtek	Payments Of Tax Distributions To Members PaymentsOfTaxDistributionsToMembers	98000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	31162000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	37600000	usd
CY2023Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	0	usd
CY2022Q2	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-10000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	7654000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-556000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	495000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2151000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8149000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1595000	usd
CY2023Q2	us-gaap	Cash Cash	8149000	usd
CY2022Q2	us-gaap	Cash Cash	180000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations	0	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations	1415000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	8149000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1595000	usd
CY2023Q2	us-gaap	Interest Paid Net InterestPaidNet	13266000	usd
CY2022Q2	us-gaap	Interest Paid Net InterestPaidNet	12287000	usd
CY2023Q2	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	8239000	usd
CY2022Q2	us-gaap	Fair Value Of Assets Acquired FairValueOfAssetsAcquired	5264000	usd
CY2023Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2022Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	34718000	usd
CY2022Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	500000	usd
CY2022Q1	qtek	Tax Receivable Agreement Percentage Of Savings Payable TaxReceivableAgreementPercentageOfSavingsPayable	0.85
CY2023Q2	us-gaap	Use Of Estimates UseOfEstimates	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. These estimates are based on historical experience and various other assumptions that management believes to be reasonable under the current facts and circumstances. Actual results could differ from those estimates and assumptions.</span>
CY2022Q1	qtek	Earnout Period EarnoutPeriod	P5Y
CY2023Q2	us-gaap	Share Price SharePrice	15.00
CY2023Q2	qtek	Earnout Shares Trading Days EarnoutSharesTradingDays	20	tradingday
CY2023Q2	qtek	Earnout Shares Consecutive Trading Days EarnoutSharesConsecutiveTradingDays	P30D
CY2023Q2	qtek	Percentage Of Earnout Shares Earned PercentageOfEarnoutSharesEarned	0.50
CY2023Q2	qtek	Earnout Shares Trading Days EarnoutSharesTradingDays	20	tradingday
CY2023Q2	qtek	Earnout Shares Consecutive Trading Days EarnoutSharesConsecutiveTradingDays	P30D
CY2023Q2	qtek	Percentage Of Earnout Shares Earned PercentageOfEarnoutSharesEarned	0.50
CY2022Q1	qtek	Business Combination And Pipe Financing Transaction Costs BusinessCombinationAndPipeFinancingTransactionCosts	24999000	usd
CY2022Q2	qtek	Transaction Expense TransactionExpense	9268000	usd
CY2023Q2	qtek	Transaction Expense TransactionExpense	0	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-46852000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-22358000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-24494000	usd
CY2023Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-2004000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.88
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-46852000	usd
CY2023Q2	qtek	Net Income Loss Attributable To Non Controlling Interest Diluted NetIncomeLossAttributableToNonControllingInterestDiluted	-3680000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-43172000	usd
CY2023Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	-2078000	usd
CY2023Q2	qtek	Weighted Average Class B Common Shares If Converted To Class Common Shares Outstanding Excluding Earnout Voting Shares WeightedAverageClassBCommonSharesIfConvertedToClassCommonSharesOutstandingExcludingEarnoutVotingShares	19468023	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	44998748	shares
CY2023Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.91
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-11016000	usd
CY2022Q2	qtek	Net Income Loss Attributable To Non Controlling Interest Diluted NetIncomeLossAttributableToNonControllingInterestDiluted	-6016000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-5000000	usd
CY2022Q2	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Diluted UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted	-465000	usd
CY2022Q2	qtek	Weighted Average Number Of Share Outstanding Diluted WeightedAverageNumberOfShareOutstandingDiluted	24446284	shares
CY2022Q2	qtek	Weighted Average Number Of Shares Unvested Blocker Owner Earnout Shares Outstanding Diluted WeightedAverageNumberOfSharesUnvestedBlockerOwnerEarnoutSharesOutstandingDiluted	-2274934	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22171350	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22171350	shares
CY2022Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.20
CY2022Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.20
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	21077482	shares
CY2022Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	38272869	shares
CY2023Q2	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	65712000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	57905000	usd
CY2023Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	107690000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	99489000	usd
CY2023Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	43732000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	39671000	usd
CY2023Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	63958000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	59818000	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	4470000	usd
CY2022Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3785000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	22358000	usd
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	24094000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	13432000	usd
CY2022Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	7215000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5408000	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5614000	usd
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-196000	usd
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	8533000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	141000	usd
CY2022	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	8739000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5071000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	5408000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	14493000	usd
CY2023Q2	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	0	usd
CY2023Q2	us-gaap	Goodwill Goodwill	14493000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	484229000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	173072000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	311157000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	484229000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	162543000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	321686000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10529000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10572000	usd
CY2022	us-gaap	Shortterm Debt Average Outstanding Amount ShorttermDebtAverageOutstandingAmount	548847000	usd
CY2023Q2	us-gaap	Shortterm Debt Average Outstanding Amount ShorttermDebtAverageOutstandingAmount	595074000	usd
CY2023Q2	us-gaap	Debt Instrument Periodic Payment DebtInstrumentPeriodicPayment	2391000	usd
CY2023Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	12634000	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	13022000	usd
CY2023Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	592867000	usd
CY2022Q4	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	556426000	usd
CY2023Q2	us-gaap	Finance Lease Liability FinanceLeaseLiability	39971000	usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	35897000	usd
CY2023Q2	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	12634000	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	13022000	usd
CY2023Q2	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	27337000	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	22875000	usd
CY2023Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	27337000	usd
CY2022Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	22875000	usd
CY2023Q2	qtek	Debt Instrument Deferred Financing Fees Excluded From Current Portion Of Long Term Debt DebtInstrumentDeferredFinancingFeesExcludedFromCurrentPortionOfLongTermDebt	24405000	usd
CY2022Q4	qtek	Debt Instrument Deferred Financing Fees Excluded From Current Portion Of Long Term Debt DebtInstrumentDeferredFinancingFeesExcludedFromCurrentPortionOfLongTermDebt	15007000	usd
CY2022Q4	qtek	Number Of Common Units Owned NumberOfCommonUnitsOwned	48834924	shares
CY2023Q2	qtek	Number Of Common Units Owned NumberOfCommonUnitsOwned	48834924	shares
CY2023Q2	qtek	Total Ownership Interest TotalOwnershipInterest	1
CY2022	qtek	Total Ownership Interest TotalOwnershipInterest	1
CY2023Q2	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio1 StockholdersEquityNoteStockSplitConversionRatio1	1
CY2023Q2	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio1 StockholdersEquityNoteStockSplitConversionRatio1	1
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2023Q2	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5632011	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	5.92
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	0	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0
CY2023Q2	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	0	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	228063	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	6.80
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	125250	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	7.50
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5278698	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	5.38
CY2023Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P5Y8M1D
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	0	usd
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	1074716	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	7.27
CY2023Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P5Y6M3D
CY2023Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	0	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	395000	usd
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	0	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-40547000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	20583000	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
CY2022Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0
CY2023Q2	qtek	Tax Receivable Agreement Percent Of Cash Tax Savings Payable To Holders TaxReceivableAgreementPercentOfCashTaxSavingsPayableToHolders	0.85
CY2023Q2	qtek	Tax Receivable Agreement Percent Of Cash Tax Savings Retained TaxReceivableAgreementPercentOfCashTaxSavingsRetained	0.15
CY2023Q2	qtek	Tax Receivable Agreement Liability Estimate Of Future Payments TaxReceivableAgreementLiabilityEstimateOfFuturePayments	34092000	usd
CY2023Q2	qtek	Tax Receivable Agreement Gain Loss On Liability Decrease Increase TaxReceivableAgreementGainLossOnLiabilityDecreaseIncrease	19008000	usd
CY2023Q2	qtek	Tax Receivable Agreement Liability TaxReceivableAgreementLiability	15084000	usd
CY2023Q2	qtek	Tax Receivable Agreement Liability Sufficient Income To Utilize Tax Attributes TaxReceivableAgreementLiabilitySufficientIncomeToUtilizeTaxAttributes	43364000	usd
CY2023Q2	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2023Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q2	us-gaap	Revenues Revenues	156246000	usd
CY2022Q2	us-gaap	Revenues Revenues	148161000	usd
CY2023Q2	us-gaap	Assets Assets	671921000	usd
CY2022Q2	us-gaap	Assets Assets	672584000	usd
CY2023Q2	qtek	Capital Expenditure CapitalExpenditure	9180000	usd
CY2022Q2	qtek	Capital Expenditure CapitalExpenditure	6065000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14999000	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14766000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	20583000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	12343000	usd
CY2023Q2	qtek	Earnings Before Interest Tax Depreciation And Amortization Ebitda EarningsBeforeInterestTaxDepreciationAndAmortizationEBITDA	-11270000	usd
CY2022Q2	qtek	Earnings Before Interest Tax Depreciation And Amortization Ebitda EarningsBeforeInterestTaxDepreciationAndAmortizationEBITDA	-13438000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-46852000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	12343000	usd
CY2023Q2	us-gaap	Depreciation Depreciation	4470000	usd
CY2022Q2	us-gaap	Depreciation Depreciation	3785000	usd
CY2023Q2	us-gaap	Adjustment For Amortization AdjustmentForAmortization	10529000	usd
CY2022Q2	us-gaap	Adjustment For Amortization AdjustmentForAmortization	10981000	usd
CY2023Q2	qtek	Earnings Before Interest Tax Depreciation And Amortization Ebitda EarningsBeforeInterestTaxDepreciationAndAmortizationEBITDA	-11270000	usd
CY2022Q2	qtek	Earnings Before Interest Tax Depreciation And Amortization Ebitda EarningsBeforeInterestTaxDepreciationAndAmortizationEBITDA	-13438000	usd

Files In Submission

Name	View Source	Status
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0001628280-23-024856-index.html	Edgar Link	pending
0001628280-23-024856.txt	Edgar Link	pending
0001628280-23-024856-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
qtek-20230401.htm	Edgar Link	pending
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qtek-20230401.xsd	Edgar Link	pending
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qtek-20230401xex104.htm	Edgar Link	pending
qtek-20230401xex311.htm	Edgar Link	pending
qtek-20230401xex312.htm	Edgar Link	pending
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qtek-20230401_def.xml	Edgar Link	unprocessable
qtek-20230401_lab.xml	Edgar Link	unprocessable
qtek-20230401_htm.xml	Edgar Link	completed
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
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QualTek Services Inc.

2023 Q2 Form 10-Q Financial Statement

#000162828023024856 Filed on July 13, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission