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Primoris Services PRIM Operating Income

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Segments

By segment

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Energy-$56.4M-161%
U And D$54.5M-16.8%

Other financials

Income statement

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Revenue$1.7B-10.7%
Gross profit$82.4M-64.4%
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:OperatingIncomeLoss.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Gross profit82.4231.7217.1402.4
Selling, general and administrative expenses106.3104.6212.0204.1
Transaction and related costs2.90.57.41.3
Operating (loss) income(26.8)126.6(2.3)197.0
Other income (expense):
Foreign exchange gain (loss), net0.6(0.4)0.6(0.6)
Other income, net0.20.3
Interest expense, net(10.6)(7.5)(15.2)(15.3)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Primoris Services's operating income?
Primoris Services (PRIM) reported operating income of -$26.8M in Q2 2026.
How has Primoris Services's operating income changed year-over-year?
Primoris Services's operating income decreased by 121.2% year-over-year, from $126.6M to -$26.8M.
What is the long-term trend for Primoris Services's operating income?
Over 4 years (2021 to 2025), Primoris Services's operating income has grown at a 24.7% compound annual growth rate (CAGR), from $170.15M to $411.49M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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