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Other financials

Income statement

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Revenue$1.7B-10.7%
Gross profit$82.4M-64.4%
Operating income-$26.8M-121%
Net income-$24.2M-129%
EPS (diluted)-$0.45-129%

Balance sheet

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Cash & equivalents$218.2M-44.1%
Total debt$1.3B+19.4%
Total equity$1.6B+4.7%
Total assets$4.6B+2.3%

Cash flow

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Operating cash flow-$8.7M-111%
Free cash flow-$31.2M-169%

Valuation

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Market cap$4.32B-27.6%
Enterprise value$5.38B-19.1%
P/E30.9×+6.2×
P/S0.6×-0.3×

Profitability

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Gross margin8.6%-2.7pp
Operating margin2.9%-2.6pp
Net margin1.9%-1.6pp
FCF margin1.2%-6.0pp

Returns & leverage

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Return on equity8.9%-8.1pp
Debt / equity0.8×+0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Primoris Services in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Primoris Services’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-090540
Line itemSix Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Other long-term liabilities7.44.6
Net cash (used in) provided by operating activities(131.3)144.6
Cash flows from investing activities:
Purchase of property and equipment(50.3)(73.7)
Proceeds from sale of assets12.514.6
Proceeds from repayment of note receivable8.0
Cash paid for acquisitions, net of cash acquired(401.4)
Net cash used in investing activities(431.2)(59.1)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Primoris Services's capex?
Primoris Services (PRIM) reported capex of $22.5M in Q2 2026.
How has Primoris Services's capex changed year-over-year?
Primoris Services's capex decreased by 32.0% year-over-year, from $33.1M to $22.5M.
What is the long-term trend for Primoris Services's capex?
Over 4 years (2021 to 2025), Primoris Services's capex has grown at a -0.7% compound annual growth rate (CAGR), from $133.84M to $129.9M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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