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Segments

By segment

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Energy$14.4M+125%
U And D$14.2M-2.7%

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%
CapEx$22.5M-32.0%
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:DepreciationDepletionAndAmortization.

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 itemFor the three months ended June 30, 2026For the three months ended June 30, 2025For the six months ended June 30, 2026For the six months ended June 30, 2025
Utilities$14.2$14.6$28.3$28.8
Energy14.46.422.312.3
Corporate and non-allocated costs2.11.53.82.8
Total depreciation and amortization$30.7$22.5$54.4$43.9

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Primoris Services's D&A?
Primoris Services (PRIM) reported D&A of $30.7M in Q2 2026.
How has Primoris Services's D&A changed year-over-year?
Primoris Services's D&A increased by 36.4% year-over-year, from $22.5M to $30.7M.
What is the long-term trend for Primoris Services's D&A?
Over 4 years (2021 to 2025), Primoris Services's D&A has grown at a -3.4% compound annual growth rate (CAGR), from $105.56M to $91.9M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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