Primoris Services Corp
PRIM- Exchange
- NYSE
- Industry
- Water, Sewer, Pipeline, Comm & Power Line Construction
- SEC CIK
- 0001361538
In the last 90 days, Primoris Services Corp insiders filed 1 open-market purchase and 0 sales; 452 institutions reported holding it in 13F filings for Q2 2026, worth $5.44B in total; Soros Fund Management is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:14 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 23, 2026 | Feb 24, 2025 | Feb 26, 2024 | Feb 27, 2023 | Feb 28, 2022 |
| Revenue | $7.57B | $6.37B | $5.72B | $4.42B | $3.50B |
| Cost of revenue | $6.76B | $5.66B | $5.13B | $3.96B | $3.08B |
| Gross profit | $813.1M | $703.2M | $587.5M | $456.9M | $416.7M |
| Selling, general and administrative | $399.2M | $383.4M | $328.7M | $281.6M | $230.1M |
| Operating income | $411.5M | $317.5M | $253.1M | $195.3M | $170.2M |
| Income tax | $109.1M | $74.0M | $51.5M | $26.3M | $36.1M |
| Net income | $274.9M | $180.9M | $126.1M | $133.0M | $115.6M |
| EPS, basic | $5.09 | $3.37 | $2.37 | $2.50 | $2.19 |
| EPS, diluted | $5.02 | $3.31 | $2.33 | $2.47 | $2.17 |
| Weighted shares, basic | 54.0M | 53.6M | 53.3M | 53.2M | 52.7M |
| Weighted shares, diluted | 54.8M | 54.6M | 54.2M | 53.8M | 53.2M |
| Margins and growth | |||||
| Gross margin | 10.7% | 11.0% | 10.3% | 10.3% | 11.9% |
| Operating margin | 5.4% | 5.0% | 4.4% | 4.4% | 4.9% |
| Net margin | 3.6% | 2.8% | 2.2% | 3.0% | 3.3% |
| Revenue growth, year over year | +19.0% | +11.4% | +29.3% | +26.4% | +0.2% |
| Net income growth, year over year | +52.0% | +43.4% | −5.2% | +15.1% | +10.1% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 23, 2026 | Feb 24, 2025 | Feb 26, 2024 | Feb 27, 2023 | Feb 28, 2022 |
| Cash and equivalents | $535.5M | $455.8M | $217.8M | $248.7M | $200.5M |
| Accounts receivable | $723.4M | $834.4M | $112.2M | $663.1M | $471.7M |
| Total current assets | $2.33B | $2.16B | $1.89B | $1.70B | $1.18B |
| Property, plant and equipment | $531.2M | $488.2M | $475.9M | $493.9M | $433.3M |
| Goodwill | $856.9M | $856.9M | $857.6M | $871.8M | $581.7M |
| Intangible assets | $190.2M | $207.9M | $227.6M | $249.4M | $171.3M |
| Total assets | $4.41B | $4.20B | $3.83B | $3.54B | $2.54B |
| Accounts payable | $744.3M | $624.3M | $629.0M | $535.0M | $273.5M |
| Short-term debt | $60.9M | $74.6M | $72.9M | $78.1M | $67.2M |
| Total current liabilities | $1.85B | $1.67B | $1.34B | $1.14B | $759.1M |
| Long-term debt | $409.0M | $660.2M | $885.4M | $1.07B | $594.2M |
| Total liabilities | $2.73B | $2.79B | $2.59B | $2.44B | $1.55B |
| Shareholders' equity | $1.68B | $1.41B | $1.24B | $1.11B | $990.1M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 23, 2026 | Feb 24, 2025 | Feb 26, 2024 | Feb 27, 2023 | Feb 28, 2022 |
| Operating cash flow | $470.4M | $508.3M | $198.6M | $83.3M | $79.7M |
| Capital expenditures | $129.9M | $126.6M | $103.0M | $94.7M | $133.8M |
| Free cash flow | $340.5M | $381.8M | $95.5M | -$11.3M | -$54.1M |
| Depreciation and amortization | $91.9M | $95.5M | $107.0M | $99.2M | $105.6M |
| Stock-based compensation | $20.6M | $15.1M | $11.8M | $7.44M | $10.5M |
| Dividends paid | $17.3M | $12.9M | $12.8M | $12.8M | $12.6M |
| Share buybacks | – | – | – | $5.99M | $14.7M |
| Investing cash flow | -$93.9M | -$27.2M | -$30.0M | -$481.9M | -$691.3M |
| Financing cash flow | -$296.3M | -$244.4M | -$205.3M | $452.0M | $485.7M |
| Net change in cash | $79.9M | $237.9M | -$35.4M | $53.3M | -$125.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.3% | 0.2% | 0.2% | 0.2% | 0.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 30, 2026 | 52.5M | −2.8% | SEC |
| Jul 31, 2026 | 53.8M | −0.3% | SEC |
| May 1, 2026 | 54.3M | +0.5% | SEC |
| Feb 17, 2026 | 54.1M | +0.6% | SEC |
| Oct 29, 2025 | 54.0M | +0.6% | SEC |
| Jul 30, 2025 | 54.0M | +0.6% | SEC |
| Apr 30, 2025 | 54.0M | +0.7% | SEC |
| Feb 18, 2025 | 53.7M | +0.6% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.