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Segments

By segment

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Energy$999.9M-19.2%
U And D$712.6M+2.8%

Other financials

Income statement

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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$4.52B-24.2%
Enterprise value$5.59B-16.0%
P/E32.4×+7.6×
P/S0.6×-0.2×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue$1,688.2$1,890.7$3,248.1$3,538.8
Cost of revenue1,605.81,659.03,031.03,136.4
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)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Primoris Services's total revenue?
Primoris Services (PRIM) reported total revenue of $1.69B in Q2 2026.
How has Primoris Services's total revenue changed year-over-year?
Primoris Services's total revenue decreased by 10.7% year-over-year, from $1.89B to $1.69B.
What is the long-term trend for Primoris Services's total revenue?
Over 4 years (2021 to 2025), Primoris Services's total revenue has grown at a 21.3% compound annual growth rate (CAGR), from $3.5B to $7.57B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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