PRIM - NASDAQ
Primoris Services Corporation
$135.69
+2.8%Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation. The Pipeline Services segment offers a range of services comprising pipeline construction, maintenance, facility, and integrity services; installation of compressor and pump stations; and metering facilities for entities in the petroleum and petrochemical industries, as well as gas, water, and sewer utilities. The company was founded in 1960 and is headquartered in Dallas, Texas.
At a Glance
Live SnapshotPrimoris Services Corporation Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
Primoris Services Corporation Income Statement
PRIM • NASDAQ
| Primoris Services Corporation Income Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||
6.4B | 5.7B | 4.4B | 3.5B | 3.5B | 3.1B | 2.9B | 2.4B | 2B | 1.9B | 2.1B | 1.9B | 1.5B | 1.5B | 941.8M | 467M | 609.1M | 0.0 | |
GROSS PROFIT | ||||||||||||||||||
(5.7B) | (5.1B) | (4B) | (3.1B) | (3.1B) | (2.8B) | (2.6B) | (2.1B) | (1.8B) | (1.7B) | (1.9B) | (1.7B) | (1.3B) | (1.3B) | (819M) | (391.4M) | (538.6M) | (0.0) | |
703.2M | 587.5M | 456.9M | 416.7M | 370.2M | 330.9M | 325.7M | 278.4M | 201.3M | 219.9M | 236M | 256M | 192.7M | 185.2M | 122.8M | 75.6M | 70.4M | 0.0 | |
OPERATING INCOME | ||||||||||||||||||
(385.8M) | (334.4M) | (261.5M) | (246.5M) | (206.3M) | (190.1M) | (182M) | (172.1M) | (140.8M) | (152.1M) | (132.2M) | (130.8M) | (96.4M) | (86.2M) | (65M) | (34.8M) | (31.5M) | (230K) | |
(383.4M) | (328.7M) | (281.6M) | (230.1M) | (202.8M) | (189.1M) | (182M) | (172.1M) | (140.8M) | (152.1M) | (132.2M) | (130.8M) | (96.4M) | (86.2M) | (65M) | (34.8M) | (31.5M) | (230K) | |
317.5M | 253.1M | 195.3M | 170.2M | 163.9M | 140.9M | 130.5M | 106.3M | 57.7M | 67.8M | 103.8M | 125.2M | 96.3M | 99M | 57.8M | 40.4M | 34.9M | -230K | |
PRE-TAX INCOME | ||||||||||||||||||
(65.3M) | (78.2M) | (39.2M) | (18.5M) | (14.1M) | (19.1M) | (18.7M) | (8.1M) | (8.9M) | (7.7M) | (6.4M) | (5.9M) | (3.6M) | (5.4M) | (6.2M) | (2M) | (856K) | (1.8M) | |
-65.3M | -78.2M | -39.2M | -18.5M | -13.7M | -19.1M | -17M | -7.6M | -8.8M | -7.6M | -6.3M | -5.8M | -3.5M | -5.1M | -5.6M | -1.3M | -540K | -23K | |
(2.4M) | (5.7M) | -20M | (16.4M) | (3.4M) | (922K) | -808K | (484K) | -315K | (0.0) | -757K | (0.0) | -870K | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-62.5M | -75.4M | -36.1M | -18.3M | -18.3M | -23M | -17.1M | -1M | -8.9M | -6.7M | -1.5M | -5.7M | -4.2M | -2.3M | -2.1M | 7.7M | 6.4M | 29.2M | |
254.9M | 177.7M | 159.3M | 151.9M | 145.6M | 117.9M | 113.4M | 105.3M | 48.9M | 61.1M | 102.3M | 119.6M | 92.1M | 96.7M | 55.7M | 48.1M | 41.3M | 424.1K | |
NET INCOME | ||||||||||||||||||
(74M) | (51.5M) | (26.3M) | (36.1M) | (40.7M) | (33.8M) | (25.8M) | (28.4M) | (21.1M) | (23.9M) | (38.6M) | (44.9M) | (33.8M) | (38.2M) | (22.1M) | (18.4M) | (4.8M) | (73K) | |
180.9M | 126.1M | 133M | 115.7M | 105M | 82.3M | 77.5M | 72.4M | 26.7M | 36.9M | 63.2M | 69.7M | 56.8M | 58.6M | 33.6M | 25.9M | 36.4M | 351.1K |
SEC Filings
PRIM - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 20, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 17, 2026 | March 12, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 23, 2026 | February 17, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 03, 2025 | October 29, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 07, 2025 | October 06, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 05, 2025 | June 30, 2025 | 2025 |
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