Primoris Services Corp (PRIM) Financial Statements
Industry: Water, Sewer, Pipeline, Comm & Power Line Construction
In fiscal 2025, Primoris Services reported revenue of $7.57B, up 19.0% from $6.37B the year before. Net income was $274.9M (a 3.6% net margin), or $5.02 per diluted share. Gross margin was 10.7% and operating margin was 5.4%. Operating activities generated $470.4M of cash, leaving $340.5M of free cash flow. At fiscal year end, Primoris Services held $4.41B in total assets against $2.73B in total liabilities, including $535.5M of cash and equivalents.
Open the full interactive Primoris Services financials → Quarterly statements, key ratios, valuation history and price charts.
Primoris Services Key Stats
| Share Price | $82.52 |
|---|---|
| Market Cap | $4.46B |
| P/E Ratio | 16.4 |
| Revenue YoY Growth | +19.0% |
| 52-Week Range | $71.04 – $202.53 |
| Shares Outstanding | 54.0 million (basic, 2026 Q2) |
Primoris Services Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.49B | $3.50B | $4.42B | $5.72B | $6.37B | $7.57B |
| Cost of Goods Sold | $3.12B | $3.08B | $3.96B | $5.13B | $5.66B | $6.76B |
| Gross Profit | $370.2M | $416.7M | $456.9M | $587.5M | $703.2M | $813.1M |
| Operating Income | $163.9M | $170.2M | $195.3M | $253.1M | $317.5M | $411.5M |
| Pre-Tax Income | $145.6M | $151.9M | $159.3M | $177.7M | $254.9M | $384.0M |
| Income Tax | $40.7M | $36.1M | $26.3M | $51.5M | $74.0M | $109.1M |
| Net Income | $105.0M | $115.6M | $133.0M | $126.1M | $180.9M | $274.9M |
| Diluted EPS | $2.16 | $2.17 | $2.47 | $2.33 | $3.31 | $5.02 |
Primoris Services Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.18B | $1.86B | $1.56B | $1.69B |
| Net Income | $94.6M | $51.7M | $17.4M | -$24.2M |
| Diluted EPS | $1.73 | $0.94 | $0.32 | -$0.45 |
Primoris Services Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $326.7M | $200.5M | $248.7M | $217.8M | $455.8M | $535.5M |
| Current Assets | $1.12B | $1.18B | $1.70B | $1.89B | $2.16B | $2.33B |
| Total Assets | $1.97B | $2.54B | $3.54B | $3.83B | $4.20B | $4.41B |
| Current Liabilities | $764.4M | $759.1M | $1.14B | $1.34B | $1.67B | $1.85B |
| Total Long-Term Debt | $316.6M | $661.5M | $1.14B | $958.3M | $734.8M | $469.9M |
| Total Liabilities | $1.25B | $1.55B | $2.44B | $2.59B | $2.79B | $2.73B |
| Shareholders' Equity | $714.8M | $990.1M | $1.11B | $1.24B | $1.41B | $1.68B |
Primoris Services Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $311.9M | $79.7M | $83.3M | $198.6M | $508.3M | $470.4M |
| Cash From Investing | -$42.5M | -$691.3M | -$481.9M | -$30.0M | -$27.2M | -$93.9M |
| Cash From Financing | -$62.8M | $485.7M | $452.0M | -$205.3M | -$244.4M | -$296.3M |
| Free Cash Flow | $247.6M | -$54.1M | -$11.3M | $95.5M | $381.8M | $340.5M |
Figures from Primoris Services' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Primoris Services financials page for every line item.
Primoris Services Company Profile
| Ticker | PRIM |
|---|---|
| Exchange | NYSE |
| Industry | Water, Sewer, Pipeline, Comm & Power Line Construction |
| Headquarters | Dallas, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001361538 |
Frequently Asked Questions
What was Primoris Services' revenue in fiscal 2025?
Primoris Services (PRIM) reported revenue of $7.57B for fiscal 2025.
What is Primoris Services' annual revenue history?
Primoris Services' annual revenue by fiscal year: 2020: $3.49B; 2021: $3.50B; 2022: $4.42B; 2023: $5.72B; 2024: $6.37B; 2025: $7.57B.
What was Primoris Services' net income in fiscal 2025?
Primoris Services reported net income of $274.9M for fiscal 2025.
What was Primoris Services' earnings per share (EPS) in fiscal 2025?
Primoris Services' diluted EPS was $5.02 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Primoris Services generate in fiscal 2025?
Primoris Services generated $340.5M of free cash flow in fiscal 2025.
What was Primoris Services' revenue last quarter?
In its most recent reported quarter (2026 Q2), Primoris Services reported revenue of $1.69B.
How much debt does Primoris Services have?
Primoris Services reported $469.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Primoris Services are outstanding?
Primoris Services reported a weighted average of 54.0 million basic shares outstanding in 2026 Q2.
What is Primoris Services' market cap?
Based on its latest closing price, Primoris Services (PRIM) has a market capitalization of about $4.46B.
When does Primoris Services' fiscal year end?
Primoris Services' fiscal year end, as registered with the SEC, is December 31.
Where is Primoris Services headquartered?
Primoris Services lists its business address in Dallas, Texas in its SEC filings.
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