Primoris Services Quarterly Income Statement
NYSE: PRIMIndustrialsWater Sewer Pipeline Comm & Power Line ConstructionUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Primoris Services revenue and earnings
In the quarter ended Jun 30, 2026, Primoris Services generated $1.69 billion in revenue, down 10.7% from the same quarter a year earlier. Primoris Services reported a net loss of $24.2 million, compared with net income of $84.3 million a year earlier. Gross margin was 4.9% (down from 12.3%) and operating margin -1.6%.
Diluted earnings per share came in at -$0.45, down from $1.54.
Summary generated from market data by MetaCap's automated system. Methodology
Primoris Services income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.69B | 1.56B | 1.86B | 2.18B | 1.89B | 1.65B | 1.74B | 1.65B | 1.56B | 1.41B | 1.52B | 1.53B |
| Revenue growth (YoY) | -10.71% | -5.35% | +6.68% | +32.10% | +20.91% | +16.66% | +14.90% | +7.82% | +10.64% | +12.40% | +14.02% | +19.11% |
| Cost of Revenue | 1.61B | 1.43B | 1.68B | 1.94B | 1.66B | 1.48B | 1.56B | 1.45B | 1.38B | 1.28B | 1.36B | 1.36B |
| Gross Profit | 82.40M | 134.70M | 175.00M | 235.70M | 231.70M | 170.70M | 184.60M | 198.50M | 186.70M | 133.40M | 156.60M | 173.90M |
| Operating Expenses | 109.20M | 110.30M | 97.51M | 98.70M | 105.10M | 100.30M | 97.06M | 98.95M | 100.63M | 89.16M | 81.73M | 85.49M |
| Selling, General & Admin | 106.30M | 105.80M | 97.45M | 97.69M | 104.60M | 99.50M | 96.49M | 98.11M | 100.12M | 88.59M | 80.72M | 84.40M |
| Operating Income | -26.80M | 24.40M | 77.49M | 137.00M | 126.60M | 70.40M | 87.54M | 99.55M | 86.07M | 44.24M | 74.87M | 88.41M |
| Other Income (Expense) | 200.00K | 100.00K | 1.12M | 134.00K | 32.00K | 16.00K | 84.00K | 61.00K | 81.00K | -126.00K | 60.00K | 467.00K |
| Pretax Income | -36.60M | 19.90M | 71.87M | 131.07M | 118.70M | 62.30M | 76.14M | 82.31M | 69.78M | 26.68M | 52.97M | 67.81M |
| Income Tax | -12.40M | 2.50M | 20.14M | 36.45M | 34.40M | 18.10M | 22.16M | 23.87M | 20.24M | 7.74M | 15.36M | 19.66M |
| Net Income | -24.20M | 17.40M | 51.80M | 94.60M | 84.30M | 44.20M | 54.00M | 58.40M | 49.60M | 18.90M | 37.66M | 48.14M |
| Net Income growth (YoY) | -128.71% | -60.63% | -4.07% | +61.99% | +69.96% | +133.86% | +43.39% | +21.30% | +27.08% | +1342.75% | -9.26% | +11.86% |
| EPS (Basic) | -0.45 | 0.32 | 0.96 | 1.75 | 1.56 | 0.82 | 1.00 | 1.09 | 0.92 | 0.35 | 0.71 | 0.90 |
| EPS (Diluted) | -0.45 | 0.32 | 0.95 | 1.73 | 1.54 | 0.81 | 0.99 | 1.07 | 0.91 | 0.35 | 0.69 | 0.89 |
| Shares Outstanding (Basic) | 54.00M | 54.10M | 54.00M | 54.00M | 54.00M | 53.80M | 53.70M | 53.70M | 53.60M | 53.50M | 53.36M | 53.34M |
| Shares Outstanding (Diluted) | 54.00M | 54.80M | 54.80M | 54.80M | 54.80M | 54.70M | 54.70M | 54.70M | 54.70M | 54.40M | 54.38M | 54.35M |
| EBITDA | 3.90M | 48.20M | 101.67M | 160.83M | 149.10M | 91.80M | 110.09M | 122.22M | 111.76M | 68.82M | 100.42M | 115.11M |
| Gross Margin | 4.88% | 8.64% | 9.42% | 10.82% | 12.25% | 10.36% | 10.60% | 12.04% | 11.94% | 9.44% | 10.33% | 11.37% |
| Operating Margin | -1.59% | 1.56% | 4.17% | 6.29% | 6.70% | 4.27% | 5.03% | 6.04% | 5.50% | 3.13% | 4.94% | 5.78% |
| Net Margin | -143.00% | 112.00% | 2.79% | 4.34% | 4.46% | 2.68% | 3.10% | 3.54% | 3.17% | 134.00% | 2.48% | 3.15% |
This table shows 12 quarterly periods of Primoris Services's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PRIM's reporting calendar. What is a income statement?