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Primoris Services PRIM Energy — Operating Income

Other segment segments

U And D
$54.5M-16.8%

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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: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 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 — operating income?
Primoris Services (PRIM) reported energy — operating income of -$56.4M in Q2 2026.
How has Primoris Services's energy — operating income changed year-over-year?
Primoris Services's energy — operating income decreased by 160.9% year-over-year, from $92.6M to -$56.4M.
What is the long-term trend for Primoris Services's energy — operating income?
Over 3 years (2022 to 2025), Primoris Services's energy — operating income has grown at a 35.3% compound annual growth rate (CAGR), from $137.65M to $341.07M.
What does energy — operating income mean?
This represents the profit or loss generated by the Energy segment after accounting for both direct project costs and indirect operating expenses. It is the primary measure of the segment's overall operational performance and its contribution to the company's consolidated bottom line.

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