What is Primoris Services's income tax?

Primoris Services (PRIM) reported income tax of $2.5M in Q1 2026.

How has Primoris Services's income tax changed year-over-year?

Primoris Services's income tax decreased by 86.2% year-over-year, from $18.1M to $2.5M.

What is the long-term trend for Primoris Services's income tax?

Over 4 years (2021 to 2025), Primoris Services's income tax has grown at a 31.8% compound annual growth rate (CAGR), from $36.12M to $109.13M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Primoris Services PRIM Income Tax

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Other financials

Income statement

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Revenue$1.6B-5.4%

Gross profit$134.7M-21.1%

Operating income$24.4M-65.3%

Net income$17.4M-60.6%

EPS (diluted)$0.32-60.5%

Balance sheet

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Cash & equivalents$361.5M+2.8%

Total debt$928.0M-12.4%

Total equity$1.7B+16.5%

Total assets$4.2B-0.1%

Cash flow

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Operating cash flow-$122.6M-285%

CapEx$27.8M-31.5%

Free cash flow-$150.4M-688%

Valuation

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Market cap$5.5B+151%

Profitability

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Gross margin10.4%-0.8pp

Operating margin4.9%-0.3pp

Net margin3.3%+0.2pp

FCF margin2.2%-4.6pp

Returns & leverage

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Return on equity15.9%+0.6pp

Debt / equity0.6×-0.2×

Current ratio1.3×+0.1×

Where this comes from

Reported directly by Primoris Services in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Primoris Services’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Primoris Services's income tax?: Primoris Services (PRIM) reported income tax of $2.5M in Q1 2026.
How has Primoris Services's income tax changed year-over-year?: Primoris Services's income tax decreased by 86.2% year-over-year, from $18.1M to $2.5M.
What is the long-term trend for Primoris Services's income tax?: Over 4 years (2021 to 2025), Primoris Services's income tax has grown at a 31.8% compound annual growth rate (CAGR), from $36.12M to $109.13M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.