Primoris Services Corporation (PRIM)

PRIM Financials

PRIM Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Gross Profit	777.150M	134.700M	175.000M	235.714M	231.736M	170.657M	184.598M	198.561M	186.710M
Revenue	7.487B	1.560B	1.858B	2.178B	1.891B	1.648B	1.741B	1.649B	1.564B
Cost of Goods Sold	6.710B	1.425B	1.683B	1.943B	1.659B	1.477B	1.557B	1.451B	1.377B
Gross Profit Margin	8.6%	8.6%	9.4%	10.8%	12.3%	10.4%	10.6%	12.0%	11.9%
Total Operating Expenses	405.986M	105.800M	97.400M	97.694M	105.092M	100.293M	97.004M	99.011M	100.640M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	405.443M	105.800M	97.400M	97.694M	104.549M	99.501M	96.539M	98.106M	100.118M
Operating Income (EBIT)	371.164M	28.900M	77.600M	138.020M	126.644M	70.364M	87.594M	99.550M	86.070M
Operating Margin	1.9%	1.9%	4.2%	6.3%	6.7%	4.3%	5.0%	6.0%	5.5%
Income Before Tax (EBT)	341.725M	19.900M	72.000M	131.066M	118.759M	62.309M	76.153M	82.305M	69.779M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	16.307M	-4.600M	6.400M	6.955M	7.552M	7.789M	12.331M	17.859M	17.133M
Other Income/Expense	-29.439M	-9.000M	-5.600M	-6.954M	-7.885M	-8.055M	-11.441M	-17.245M	-16.291M
Net Income	248.136M	17.400M	51.800M	94.617M	84.319M	44.240M	53.966M	58.436M	49.543M
Income Tax Expense	93.589M	2.500M	20.200M	36.449M	34.440M	18.069M	22.187M	23.869M	20.236M
Net Profit Margin	1.1%	1.1%	2.8%	4.3%	4.5%	2.7%	3.1%	3.5%	3.2%
EBITDA	465.860M	52.700M	102.500M	161.847M	148.813M	91.495M	111.058M	122.838M	112.605M
EBITDA Margin	3.4%	3.4%	5.5%	7.4%	7.9%	5.6%	6.4%	7.4%	7.2%
Depreciation & Amortization	94.228M	23.800M	24.100M	23.826M	22.502M	21.397M	22.574M	22.674M	25.693M
EPS Basic	4.59	0.32	0.96	1.75	1.56	0.82	1.00	1.09	0.92
EPS Diluted	4.53	0.32	0.94	1.73	1.54	0.81	0.99	1.07	0.91
Shares Outstanding	54.100M	54.100M	54.000M	54.017M	54.003M	53.813M	53.720M	53.692M	53.640M
Diluted Shares Outstanding	54.800M	54.800M	54.800M	54.803M	54.805M	54.705M	54.662M	54.675M	54.653M

PRIM Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Gross Profit	813.100M	703.245M	587.491M	456.885M	416.660M	370.214M	330.926M	325.737M
Revenue	7.575B	6.367B	5.715B	4.421B	3.498B	3.491B	3.106B	2.939B
Cost of Goods Sold	6.762B	5.664B	5.128B	3.964B	3.081B	3.121B	2.775B	2.614B
Gross Profit Margin	10.7%	11.0%	10.3%	10.3%	11.9%	10.6%	10.7%	11.1%
Total Operating Expenses	399.200M	385.793M	334.418M	261.547M	246.509M	206.265M	190.051M	182.006M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	399.200M	383.351M	328.733M	281.577M	230.110M	202.835M	189.129M	182.006M
Operating Income (EBIT)	413.900M	317.452M	253.073M	195.338M	170.151M	163.949M	140.875M	130.471M
Operating Margin	5.5%	5.0%	4.4%	4.4%	4.9%	4.7%	4.5%	4.4%
Income Before Tax (EBT)	384.000M	254.917M	177.669M	159.286M	151.857M	145.639M	117.909M	113.358M
Interest Income	—	—	—	—	—	376K	—	1.753M
Interest Expense	28.700M	65.315M	78.171M	39.212M	18.498M	14.096M	19.142M	18.746M
Other Income/Expense	-29.900M	-62.535M	-75.404M	-36.052M	-18.294M	-18.310M	-22.966M	-17.113M
Net Income	274.900M	180.888M	126.145M	133.021M	115.739M	104.983M	82.327M	77.461M
Income Tax Expense	109.100M	74.029M	51.524M	26.265M	36.118M	40.656M	33.812M	25.765M
Net Profit Margin	3.6%	2.8%	2.2%	3.0%	3.3%	3.0%	2.7%	2.6%
EBITDA	504.600M	415.754M	362.881M	297.655M	275.914M	248.059M	222.451M	208.223M
EBITDA Margin	6.7%	6.5%	6.3%	6.7%	7.9%	7.1%	7.2%	7.1%
Depreciation & Amortization	91.900M	95.522M	107.041M	99.157M	105.559M	82.497M	85.400M	79.250M
EPS Basic	5.09	3.37	2.37	2.50	2.19	2.17	1.62	1.51
EPS Diluted	5.02	3.31	2.33	2.47	2.17	2.16	1.61	1.50
Shares Outstanding	54.000M	53.636M	53.297M	53.200M	52.674M	48.303M	50.784M	51.350M
Diluted Shares Outstanding	54.800M	54.576M	54.223M	53.759M	53.161M	48.633M	51.084M	51.670M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Primoris Services Corporation

Primoris Services Corporation functions as a prominent specialized contracting firm, offering a wide array of services that include construction, fabrication, upkeep, modernization, and advanced engineering expertise throughout the United States and Canada. The company's operations are divided into three primary divisions: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment focuses on installing and maintaining both new and existing natural gas distribution networks, electrical transmission and distribution systems, and communications infrastructure. Within the Energy/Renewables segment, Primoris delivers comprehensive services such as engineering, procurement, and construction (EPC), alongside major civil projects like highway and bridge construction, demolition, site preparation, mass excavation, and flood control. This segment also provides retrofits, upgrades, repairs, and routine maintenance for industries ranging from renewable energy and energy storage to renewable fuels, petroleum refining, petrochemicals, and state departments of transportation. Finally, the Pipeline Services segment concentrates on the construction, maintenance, and integrity management of pipelines, in addition to installing compressor and pump stations and metering facilities for clients in the petroleum and petrochemical sectors, as well as gas, water, and sewer utility providers. Founded in 1960, Primoris Services Corporation is headquartered in Dallas, Texas.

Dallas, TX

15,716 employees

www.primoriscorp.com

Industrials / Engineering & Construction

Sector: Industrials
Industry: Engineering & Construction
CEO: Koti Vadlamudi

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