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Primoris Services PRIM Energy — Cost of Goods Sold

Other segment segments

U And D
$627.5M+5.4%

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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%
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:CostOfGoodsAndServicesSold.

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 itemUtilities% of Segment RevenueEnergy% of Segment RevenueCorporate and non-allocated costsConsolidated% of Consolidated Revenue
Revenue$712.6$999.9$(24.3)$1,688.2
Cost of revenue627.588.1%1,002.6100.3%(24.3)1,605.895.1%
Gross profit (loss)85.111.9%(2.7)(0.3)%82.44.9%
Selling, general, and administrative expenses30.64.3%53.75.4%22.0106.36.3%
Transaction and related costs2.92.9
Operating income (loss)$54.57.6%$(56.4)(5.6)%$(24.9)$(26.8)(1.6)%

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Primoris Services's energy — cost of goods sold?
Primoris Services (PRIM) reported energy — cost of goods sold of $1B in Q2 2026.
How has Primoris Services's energy — cost of goods sold changed year-over-year?
Primoris Services's energy — cost of goods sold decreased by 9.1% year-over-year, from $1.1B to $1B.
What is the long-term trend for Primoris Services's energy — cost of goods sold?
Over 3 years (2022 to 2025), Primoris Services's energy — cost of goods sold has grown at a 28.0% compound annual growth rate (CAGR), from $2.15B to $4.51B.
What does energy — cost of goods sold mean?
This captures the direct costs associated with delivering energy infrastructure services, including labor, materials, equipment rentals, and project-specific overhead. Monitoring this metric is essential for assessing the direct production efficiency and cost management capabilities of the Energy segment's project execution teams.

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