Primoris Services (PRIM) Financials: History & Chart

Primoris Services Corporation (PRIM)PRIMPrimoris Services Corporation

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

18,526 employees

www.prim.com

Industrials / Engineering & Construction

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

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	7.49B	1.56B	1.86B	2.18B	1.89B	1.65B	1.74B	1.65B	1.56B
Cost of Goods Sold	6.71B	1.43B	1.68B	1.94B	1.66B	1.48B	1.56B	1.45B	1.38B
Gross Profit	777.15M	134.70M	175.00M	235.71M	231.74M	170.66M	184.60M	198.56M	186.71M
Gross Profit Margin	10.4%	8.6%	9.4%	10.8%	12.3%	10.4%	10.6%	12.0%	11.9%
Total Operating Expenses	405.99M	105.80M	97.40M	97.69M	105.09M	100.29M	97.00M	99.01M	100.64M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	405.44M	105.80M	97.40M	97.69M	104.55M	99.50M	96.54M	98.11M	100.12M
Operating Income (EBIT)	371.16M	28.90M	77.60M	138.02M	126.64M	70.36M	87.59M	99.55M	86.07M
Operating Margin	5.0%	1.9%	4.2%	6.3%	6.7%	4.3%	5.0%	6.0%	5.5%
Income Before Tax (EBT)	341.73M	19.90M	72.00M	131.07M	118.76M	62.31M	76.15M	82.31M	69.78M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	16.31M	-4.60M	6.40M	6.96M	7.55M	7.79M	12.33M	17.86M	17.13M
Other Income/Expense	-29.44M	-9.00M	-5.60M	-6.95M	-7.88M	-8.05M	-11.44M	-17.25M	-16.29M
Net Income	248.14M	17.40M	51.80M	94.62M	84.32M	44.24M	53.97M	58.44M	49.54M
Income Tax Expense	93.59M	2.50M	20.20M	36.45M	34.44M	18.07M	22.19M	23.87M	20.24M
Net Profit Margin	3.3%	1.1%	2.8%	4.3%	4.5%	2.7%	3.1%	3.5%	3.2%
EBITDA	465.39M	52.70M	101.70M	161.85M	149.15M	91.76M	110.17M	122.22M	111.76M
EBITDA Margin	6.2%	3.4%	5.5%	7.4%	7.9%	5.6%	6.3%	7.4%	7.1%
Depreciation & Amortization	94.23M	23.80M	24.10M	23.83M	22.50M	21.40M	22.57M	22.67M	25.69M
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	54.10M	54.10M	54.00M	54.02M	54.00M	53.81M	53.72M	53.69M	53.64M
Diluted Shares Outstanding	54.80M	54.80M	54.80M	54.80M	54.80M	54.70M	54.66M	54.67M	54.65M

Annual Income Statement (USD)

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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
Revenue	7.57B	6.37B	5.72B	4.42B	3.50B	3.49B	3.11B	2.94B
Cost of Goods Sold	6.76B	5.66B	5.13B	3.96B	3.08B	3.12B	2.78B	2.61B
Gross Profit	813.10M	703.25M	587.49M	456.88M	416.66M	370.21M	330.93M	325.74M
Gross Profit Margin	10.7%	11.0%	10.3%	10.3%	11.9%	10.6%	10.7%	11.1%
Total Operating Expenses	399.20M	385.79M	334.42M	261.55M	246.51M	206.26M	190.05M	182.01M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	399.20M	383.35M	328.73M	281.58M	230.11M	202.84M	189.13M	182.01M
Operating Income (EBIT)	413.90M	317.45M	253.07M	195.34M	170.15M	163.95M	140.88M	130.47M
Operating Margin	5.5%	5.0%	4.4%	4.4%	4.9%	4.7%	4.5%	4.4%
Income Before Tax (EBT)	384.00M	254.92M	177.67M	159.29M	151.86M	145.64M	117.91M	113.36M
Interest Income	N/A	N/A	N/A	N/A	N/A	376K	N/A	1.75M
Interest Expense	28.70M	65.31M	78.17M	39.21M	18.50M	14.10M	19.14M	18.75M
Other Income/Expense	-29.90M	-62.53M	-75.40M	-36.05M	-18.29M	-18.31M	-22.97M	-17.11M
Net Income	274.90M	180.89M	126.14M	133.02M	115.74M	104.98M	82.33M	77.46M
Income Tax Expense	109.10M	74.03M	51.52M	26.27M	36.12M	40.66M	33.81M	25.77M
Net Profit Margin	3.6%	2.8%	2.2%	3.0%	3.3%	3.0%	2.7%	2.6%
EBITDA	505.80M	412.97M	360.11M	294.50M	275.71M	246.45M	226.28M	209.72M
EBITDA Margin	6.7%	6.5%	6.3%	6.7%	7.9%	7.1%	7.3%	7.1%
Depreciation & Amortization	91.90M	95.52M	107.04M	99.16M	105.56M	82.50M	85.40M	79.25M
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	54.00M	53.64M	53.30M	53.20M	52.67M	48.30M	50.78M	51.35M
Diluted Shares Outstanding	54.80M	54.58M	54.22M	53.76M	53.16M	48.63M	51.08M	51.67M

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

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