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Primoris Services PRIM Energy — Gross Profit

Other segment segments

U And D
$85.1M-12.7%

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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:GrossProfit.

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 — gross profit?
Primoris Services (PRIM) reported energy — gross profit of -$2.7M in Q2 2026.
How has Primoris Services's energy — gross profit changed year-over-year?
Primoris Services's energy — gross profit decreased by 102.0% year-over-year, from $134.2M to -$2.7M.
What is the long-term trend for Primoris Services's energy — gross profit?
Over 4 years (2021 to 2025), Primoris Services's energy — gross profit has grown at a 21.6% compound annual growth rate (CAGR), from $230.37M to $504.43M.
What does energy — gross profit mean?
This is the residual profit earned by the Energy segment after deducting the direct costs of providing construction and engineering services from total segment revenue. It represents the fundamental profitability of the segment's core operations before accounting for corporate overhead or administrative expenses.

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