What is PRIM revenue?

Primoris Services Corporation (PRIM) reported $7.06B of revenue for the twelve months ended Sep 30, 2026. That is down 5.4% from the year before. Revenue for fiscal 2025 was $7.57B.

Yes. Primoris Services Corporation earned $96.30M in net income for the twelve months ended Sep 30, 2026, a net margin of 1.4%.

How much cash and debt does PRIM have?

Primoris Services Corporation reported $203.50M in cash and cash equivalents and $784.30M of debt on its most recent balance sheet in SEC filings.

How fast is PRIM revenue growing?

Primoris Services Corporation's revenue changed +19.0% in fiscal 2025, to $7.57B. Its compound annual growth rate was +16.8% over 5 years.

What is PRIM gross margin?

Primoris Services Corporation's gross profit was $596.80M on $7.06B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 8.5%.

What is PRIM free cash flow?

Primoris Services Corporation generated $37.70M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $151.80M less capital expenditures.

What is PRIM earnings per share?

Diluted earnings per share were $1.77 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did PRIM last report financial results?

The latest statements here come from Primoris Services Corporation's 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.

Financials · PRIM

Primoris Services Corporation (PRIM) financials

For the twelve months ended Sep 30, 2026, Primoris Services Corporation reported $7.06B of revenue and $96.30M of net income.

Revenue, TTM: $7.06B
Revenue growth, YoY: -5.4%
Net income, TTM: $96.30M
Net income growth, YoY: -65.2%
Net margin: 1.4%
Free cash flow, TTM: $37.70M
EPS, diluted, TTM: $1.77
EPS growth, YoY: -65.1%
Cash: $203.50M
Total debt: $784.30M
P/E: 35.67
P/S: 0.49
Market cap: $3.44B

Annual revenue$7.57B

FY2016FY2025

Annual net income$274.90M

FY2016FY2025

Annual free cash flow$340.50M

FY2016FY2025

PRIM revenue and earnings growth

PRIM revenueQ3 2026$1.95B

Quarter YoY: -10.4%
QoQ: +15.6%
FY YoY: +19.0%
5Y CAGR: +16.8%

PRIM revenue was $1.95B in fiscal Q3 2026 (ended Sep 30, 2026), down 10.4% from a year earlier and up 15.6% from the prior quarter. For the full fiscal 2025 it was $7.57B, up 19.0% from fiscal 2024. Compound annual growth was +16.8% over 5 years. It rose in each of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

PRIM net incomeQ3 2026$51.30M

Quarter YoY: -45.8%
FY YoY: +52.0%
5Y CAGR: +21.2%
10Y CAGR: +22.2%

PRIM net income was $51.30M in fiscal Q3 2026 (ended Sep 30, 2026), down 45.8% from a year earlier. For the full fiscal 2025 it was $274.90M, up 52.0% from fiscal 2024. Compound annual growth was +21.2% over 5 years and +22.2% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

PRIM EPSQ3 2026$0.95

Quarter YoY: -45.1%
FY YoY: +51.7%
5Y CAGR: +18.4%
10Y CAGR: +21.6%

PRIM diluted EPS was $0.95 in fiscal Q3 2026 (ended Sep 30, 2026), down 45.1% from a year earlier. For the full fiscal 2025 it was $5.02, up 51.7% from fiscal 2024. Compound annual growth was +18.4% over 5 years and +21.6% over 10 years.

PRIM free cash flowQ3 2026$98.10M

Quarter YoY: -33.9%
FY YoY: -10.8%
5Y CAGR: +6.5%

PRIM free cash flow was $98.10M in fiscal Q3 2026 (ended Sep 30, 2026), down 33.9% from a year earlier. For the full fiscal 2025 it was $340.50M, down 10.8% from fiscal 2024. Compound annual growth was +6.5% over 5 years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$7.57B	$6.37B	$5.72B	$4.42B	$3.50B	$3.49B	$3.11B	$2.94B	$2.38B	$2.00B
Cost of revenue	$6.76B	$5.66B	$5.13B	$3.96B	$3.08B	$3.12B	$2.78B	$2.61B	$2.10B	$1.80B
Gross profit	$813.10M	$703.20M	$587.50M	$456.88M	$416.66M	$370.21M	$330.93M	$325.74M	$278.43M	$201.31M
Selling, general and admin	$399.20M	$383.30M	$328.70M	$281.58M	$230.11M	$202.84M	$189.13M	$182.01M	$170.37M	$140.03M
Operating income	$411.50M	$317.40M	$253.10M	$195.34M	$170.15M	$163.95M	$140.88M	$130.47M	$106.29M	$57.75M
Interest expense	-	-	-	-	-	$20.30M	$20.10M	$18.75M	$8.15M	$8.91M
Pre-tax income	$384.00M	$254.90M	$177.60M	$159.29M	$151.86M	$145.64M	$117.91M	$113.36M	$105.28M	$48.87M
Income tax	$109.10M	$74.00M	$51.50M	$26.27M	$36.12M	$40.66M	$33.81M	$25.77M	$28.43M	$21.15M
Net income	$274.90M	$180.90M	$126.10M	$133.02M	$115.74M	$104.98M	$82.33M	$77.46M	$72.35M	$26.72M
EPS, basic	$5.09	$3.37	$2.37	$2.50	$2.19	$2.17	$1.62	$1.51	$1.41	$0.52
EPS, diluted	$5.02	$3.31	$2.33	$2.47	$2.17	$2.16	$1.61	$1.50	$1.40	$0.51
Diluted shares	54.8M	54.6M	54.2M	53.8M	53.2M	48.6M	51.1M	51.7M	51.7M	52.0M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$535.50M	$455.80M	$217.80M	$248.70M	$200.51M	$326.74M	$120.29M	$153.25M	$170.38M	$135.82M
Short-term investments	-	-	-	-	-	-	-	-	-	$0
Receivables	$723.40M	$834.40M	$685.44M	$663.12M	$471.66M	$432.45M	$404.91M	$372.69M	$291.59M	$388.00M
Inventory	-	-	-	-	-	-	-	-	$40.92M	$49.20M
Current assets	$2.33B	$2.16B	$1.89B	$1.70B	$1.18B	$1.12B	$912.71M	$924.45M	$743.21M	$731.11M
Goodwill	$856.90M	$856.90M	$857.70M	$871.81M	$581.66M	$215.10M	$206.16M	$206.16M	$153.37M	$127.23M
Total assets	$4.41B	$4.20B	$3.83B	$3.54B	$2.54B	$1.97B	$1.83B	$1.59B	$1.26B	$1.17B
Current liabilities	$1.85B	$1.67B	$1.34B	$1.14B	$759.12M	$764.41M	$670.45M	$621.81M	$454.90M	$449.94M
Short-term debt	$60.90M	$74.60M	$72.90M	$78.14M	$67.23M	$47.72M	$55.66M	$62.49M	$65.46M	$58.19M
Long-term debt	$409.00M	$660.20M	$885.37M	$1.07B	$594.23M	$268.83M	$295.64M	$305.67M	$193.35M	$203.15M
Total debt	$469.90M	$734.80M	$958.27M	$1.14B	$661.46M	$316.56M	$351.30M	$368.16M	$258.81M	$261.34M
Total liabilities	$2.73B	$2.79B	$2.59B	$2.44B	$1.55B	$1.25B	$1.20B	$987.16M	$693.56M	$672.00M
Shareholders' equity	$1.68B	$1.41B	$1.24B	$1.11B	$990.05M	$714.79M	$629.53M	$606.98M	$562.18M	$498.57M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$470.40M	$508.30M	$198.50M	$83.35M	$79.75M	$313.00M	$118.95M	$126.81M	$188.94M	$62.58M
Capital expenditures	$129.90M	$126.50M	$103.00M	$94.69M	$133.84M	$64.36M	$94.49M	$110.19M	$79.78M	$58.03M
Free cash flow	$340.50M	$381.80M	$95.50M	-$11.34M	-$54.09M	$248.64M	$24.45M	$16.63M	$109.16M	$4.55M
Investing cash flow	-$93.90M	-$27.20M	-$30.00M	-$481.94M	-$691.27M	-$42.51M	-$65.87M	-$209.15M	-$131.43M	-$59.42M
Financing cash flow	-$296.30M	-$244.40M	-$205.30M	$452.04M	$485.73M	-$62.82M	-$83.28M	$63.94M	-$22.95M	-$28.45M
Dividends paid	$17.30M	$12.90M	$12.80M	$12.78M	$12.56M	$11.59M	$12.21M	$12.34M	$11.33M	$11.38M
Share repurchases	-	-	-	$5.99M	$14.72M	$11.45M	-	$20.00M	$5.00M	$5.00M
Stock-based compensation	$20.60M	$15.10M	$11.80M	$7.44M	$10.46M	$2.27M	$1.58M	$1.25M	$1.13M	$1.63M
Depreciation and amortization	$91.90M	$95.50M	$107.00M	$99.16M	$105.56M	$82.50M	$85.40M	$79.25M	-	-

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	19.0%	11.4%	29.3%	26.4%	0.2%	12.4%	5.7%	23.5%	19.2%	-
Net income growth, YoY	52.0%	43.5%	-5.2%	14.9%	10.2%	27.5%	6.3%	7.1%	170.8%	-27.5%
EPS growth, YoY	51.7%	42.1%	-5.7%	13.8%	0.5%	34.2%	7.3%	7.1%	174.5%	-28.2%
Gross margin	10.7%	11.0%	10.3%	10.3%	11.9%	10.6%	10.7%	11.1%	11.7%	10.1%
Operating margin	5.4%	5.0%	4.4%	4.4%	4.9%	4.7%	4.5%	4.4%	4.5%	2.9%
Net margin	3.6%	2.8%	2.2%	3.0%	3.3%	3.0%	2.7%	2.6%	3.0%	1.3%
Free cash flow margin	4.5%	6.0%	1.7%	-0.3%	-1.5%	7.1%	0.8%	0.6%	4.6%	0.2%
Return on equity	16.4%	12.8%	10.2%	12.0%	11.7%	14.7%	13.1%	12.8%	12.9%	5.4%
Return on assets	6.2%	4.3%	3.3%	3.8%	4.6%	5.3%	4.5%	4.9%	5.8%	2.3%
Current ratio	1.26	1.29	1.41	1.50	1.56	1.46	1.36	1.49	1.63	1.62
Debt to equity	0.28	0.52	0.78	1.03	0.67	0.44	0.56	0.61	0.46	0.52

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025 Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Revenue	$1.95B	$1.69B	$1.56B	$1.86B	$2.18B	$1.89B	$1.65B	$1.74B	$1.65B	$1.56B	$1.41B	$1.52B
Cost of revenue	$1.75B	$1.61B	$1.43B	$1.68B	$1.94B	$1.66B	$1.48B	$1.56B	$1.45B	$1.38B	$1.28B	$1.36B
Gross profit	$204.70M	$82.40M	$134.70M	$175.00M	$235.70M	$231.70M	$170.70M	$184.60M	$198.50M	$186.70M	$133.40M	$156.60M
Selling, general and admin	$109.00M	$106.30M	$105.80M	$97.50M	$97.70M	$104.60M	$99.50M	$96.49M	$98.11M	$100.12M	$88.59M	$80.72M
Operating income	$94.90M	-$26.80M	$24.40M	$77.50M	$137.00M	$126.60M	$70.40M	$87.54M	$99.55M	$86.07M	$44.24M	$74.87M
Pre-tax income	$80.60M	-$36.60M	$19.90M	$71.90M	$131.00M	$118.70M	$62.30M	$76.14M	$82.31M	$69.78M	$26.68M	$52.97M
Income tax	$29.30M	-$12.40M	$2.50M	$20.20M	$36.40M	$34.40M	$18.10M	$22.16M	$23.87M	$20.24M	$7.74M	$15.36M
Net income	$51.30M	-$24.20M	$17.40M	$51.80M	$94.60M	$84.30M	$44.20M	$54.00M	$58.40M	$49.60M	$18.90M	$37.66M
EPS, basic	$0.96	-$0.45	$0.32	$0.96	$1.75	$1.56	$0.82	$1.00	$1.09	$0.92	$0.35	$0.71
EPS, diluted	$0.95	-$0.45	$0.32	$0.95	$1.73	$1.54	$0.81	$0.99	$1.07	$0.91	$0.35	$0.69
Diluted shares	54.1M	54.0M	54.8M	54.8M	54.8M	54.8M	54.7M	54.7M	54.7M	54.7M	54.4M	54.4M

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025 Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Cash and equivalents	$203.50M	$218.20M	$361.50M	$535.50M	$431.40M	$390.30M	$351.60M	$455.80M	$352.66M	$207.36M	$177.60M	$217.80M
Receivables	$935.00M	$839.10M	$754.40M	$723.40M	$1.04B	$1.02B	$756.50M	$834.40M	$941.01M	$888.27M	$811.95M	$685.44M
Current assets	$2.16B	$2.16B	$2.14B	$2.33B	$2.57B	$2.46B	$2.17B	$2.16B	$2.22B	$2.09B	$2.00B	$1.89B
Goodwill	$1.05B	$1.05B	$856.90M	$856.90M	$856.87M	$856.87M	$856.87M	$856.90M	$857.65M	$857.65M	$857.65M	$857.70M
Total assets	$4.63B	$4.64B	$4.21B	$4.41B	$4.65B	$4.54B	$4.22B	$4.20B	$4.24B	$4.05B	$3.95B	$3.83B
Current liabilities	$1.89B	$1.83B	$1.67B	$1.85B	$2.14B	$2.02B	$1.78B	$1.67B	$1.61B	$1.48B	$1.45B	$1.34B
Short-term debt	$42.50M	$45.00M	$57.20M	$60.90M	$63.84M	$78.08M	$68.06M	$74.60M	$76.75M	$89.27M	$89.53M	$72.90M
Long-term debt	$741.80M	$752.00M	$396.30M	$409.00M	$422.20M	$524.98M	$543.92M	$660.20M	$827.00M	$843.76M	$862.22M	$885.37M
Total debt	$784.30M	$797.00M	$453.50M	$469.90M	$486.04M	$603.06M	$611.99M	$734.80M	$903.75M	$933.03M	$951.75M	$958.27M
Total liabilities	$3.07B	$3.03B	$2.53B	$2.73B	$3.02B	$3.00B	$2.77B	$2.79B	$2.88B	$2.75B	$2.71B	$2.59B
Shareholders' equity	$1.56B	$1.61B	$1.68B	$1.68B	$1.63B	$1.53B	$1.45B	$1.41B	$1.36B	$1.30B	$1.25B	$1.24B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025 Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Operating cash flow	$140.20M	-$8.70M	-$122.60M	$142.90M	$182.90M	$78.40M	$66.20M	$298.25M	$222.45M	$16.07M	-$28.46M	$205.65M
Capital expenditures	$42.10M	$22.50M	$27.80M	$21.70M	$34.50M	$33.10M	$40.60M	$28.16M	$63.70M	$24.20M	$10.43M	$20.50M
Free cash flow	$98.10M	-$31.20M	-$150.40M	$121.20M	$148.40M	$45.30M	$25.60M	$270.08M	$158.75M	-$8.14M	-$38.90M	$185.15M
Investing cash flow	-$36.90M	-$418.50M	-$12.70M	-$15.70M	-$19.10M	-$25.90M	-$33.20M	-$26.31M	-$40.18M	$35.11M	$4.19M	-$4.38M
Financing cash flow	-$118.50M	$283.20M	-$38.60M	-$21.70M	-$122.90M	-$14.50M	-$137.20M	-$170.38M	-$34.92M	-$24.00M	-$15.11M	-$145.28M
Dividends paid	$4.30M	$4.40M	$4.30M	$4.40M	$4.30M	$4.30M	$4.30M	$3.26M	$3.22M	$3.22M	$3.20M	$3.22M
Share repurchases	$100.00M	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation	$4.70M	$3.20M	$7.70M	$5.70M	$4.50M	$5.40M	$5.00M	$4.75M	$3.99M	$3.95M	$2.41M	$2.85M
Depreciation and amortization	$34.00M	$30.70M	$23.80M	$24.20M	$23.80M	$22.50M	$21.40M	$22.55M	$22.67M	$25.69M	$24.58M	$25.55M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025 Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023 Dec 31, 2023
Revenue growth, YoY	-10.4%	-10.7%	-5.4%	6.7%	32.1%	20.9%	16.7%	14.9%	7.8%	10.6%	12.4%	14.0%
Net income growth, YoY	-45.8%	-	-60.6%	-4.1%	62.0%	70.0%	133.9%	43.4%	21.3%	27.1%	1342.7%	-9.3%
EPS growth, YoY	-45.1%	-	-60.5%	-4.0%	61.7%	69.2%	131.4%	43.5%	20.2%	26.4%	1650.0%	-10.4%
Gross margin	10.5%	4.9%	8.6%	9.4%	10.8%	12.3%	10.4%	10.6%	12.0%	11.9%	9.4%	10.3%
Operating margin	4.9%	-1.6%	1.6%	4.2%	6.3%	6.7%	4.3%	5.0%	6.0%	5.5%	3.1%	4.9%
Net margin	2.6%	-1.4%	1.1%	2.8%	4.3%	4.5%	2.7%	3.1%	3.5%	3.2%	1.3%	2.5%
Free cash flow margin	5.0%	-1.8%	-9.6%	6.5%	6.8%	2.4%	1.6%	15.5%	9.6%	-0.5%	-2.8%	12.2%
Current ratio	1.14	1.18	1.28	1.26	1.20	1.22	1.22	1.29	1.38	1.41	1.38	1.41
Debt to equity	0.50	0.50	0.27	0.28	0.30	0.39	0.42	0.52	0.67	0.72	0.76	0.78

Source: XBRL data Primoris Services Corporation files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

PRIM peers

Company	Revenue	Growth	Net income	Net margin	Market cap
PRIM	$7.06B	-5.4%	$96.30M	1.4%	$3.44B
MTZMasTec Inc.	$17.29B	+25.7%	$484.24M	2.8%	$13.98B
DYDycom Industries Inc.	$6.88B	+37.8%	$329.58M	4.8%	$6.26B
MYRGMYR Group Inc.	$4.31B	+22.8%	$193.20M	4.5%	$4.09B
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PRIM FAQ

9 questions

What is PRIM revenue?
Primoris Services Corporation (PRIM) reported $7.06B of revenue for the twelve months ended Sep 30, 2026. That is down 5.4% from the year before. Revenue for fiscal 2025 was $7.57B.
Is PRIM profitable?
Yes. Primoris Services Corporation earned $96.30M in net income for the twelve months ended Sep 30, 2026, a net margin of 1.4%.
How much cash and debt does PRIM have?
Primoris Services Corporation reported $203.50M in cash and cash equivalents and $784.30M of debt on its most recent balance sheet in SEC filings.
How fast is PRIM revenue growing?
Primoris Services Corporation's revenue changed +19.0% in fiscal 2025, to $7.57B. Its compound annual growth rate was +16.8% over 5 years.
What is PRIM gross margin?
Primoris Services Corporation's gross profit was $596.80M on $7.06B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 8.5%.
What is PRIM free cash flow?
Primoris Services Corporation generated $37.70M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $151.80M less capital expenditures.
What is PRIM earnings per share?
Diluted earnings per share were $1.77 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did PRIM last report financial results?
The latest statements here come from Primoris Services Corporation's 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
Where does this PRIM financial data come from?
Quantisnow builds these statements from the structured XBRL data Primoris Services Corporation files with the SEC. It is provided for information only and is not investment advice.