# Primoris Services Corp: financial statements, quarterly

PRIM · NYSE · CIK 1361538 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/prim.md) · [Financials](/companies/prim/financials.md) · [Filings](/companies/prim/filings.md) · [Insiders](/companies/prim/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/prim/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,529](/filings/0001558370-25-001397.md) | [1,516](/filings/0001558370-25-001397.md) | [1,413](/filings/0001104659-26-018677.md) | [1,564](/filings/0001104659-26-018677.md) | [1,649](/filings/0001104659-26-018677.md) | [1,741](/filings/0001104659-26-018677.md) | [1,648](/filings/0001104659-26-055741.md) | [1,891](/filings/0001104659-26-090540.md) | [2,178](/filings/0001104659-26-018677.md) | [1,858](/filings/0001104659-26-018677.md) | [1,560](/filings/0001104659-26-055741.md) | [1,688](/filings/0001104659-26-090540.md) |
| Cost of revenue | $m | [1,356](/filings/0001558370-24-014294.md) | [1,359 d](/filings/0001104659-26-018677.md) | [1,279](/filings/0001558370-25-006332.md) | [1,377](/filings/0001558370-25-010123.md) | [1,451](/filings/0001104659-25-105706.md) | [1,557 d](/filings/0001104659-26-018677.md) | [1,477](/filings/0001104659-26-055741.md) | [1,659](/filings/0001104659-26-090540.md) | [1,943](/filings/0001104659-25-105706.md) | [1,683 d](/filings/0001104659-26-018677.md) | [1,425](/filings/0001104659-26-055741.md) | [1,606](/filings/0001104659-26-090540.md) |
| Gross profit | $m | [174](/filings/0001558370-25-001397.md) | [157](/filings/0001558370-25-001397.md) | [133](/filings/0001104659-26-018677.md) | [187](/filings/0001104659-26-018677.md) | [199](/filings/0001104659-26-018677.md) | [185](/filings/0001104659-26-018677.md) | [171](/filings/0001104659-26-055741.md) | [232](/filings/0001104659-26-090540.md) | [236](/filings/0001104659-26-018677.md) | [175](/filings/0001104659-26-018677.md) | [135](/filings/0001104659-26-055741.md) | [82.4](/filings/0001104659-26-090540.md) |
| Selling, general and administrative | $m | [84.4](/filings/0001558370-24-014294.md) | [80.7 d](/filings/0001104659-26-018677.md) | [88.6](/filings/0001558370-25-006332.md) | [100](/filings/0001558370-25-010123.md) | [98.1](/filings/0001104659-25-105706.md) | [96.5 d](/filings/0001104659-26-018677.md) | [99.5](/filings/0001104659-26-055741.md) | [105](/filings/0001104659-26-090540.md) | [97.7](/filings/0001104659-25-105706.md) | [97.5 d](/filings/0001104659-26-018677.md) | [106](/filings/0001104659-26-055741.md) | [106](/filings/0001104659-26-090540.md) |
| Operating income | $m | [88.4](/filings/0001558370-24-014294.md) | [74.9 d](/filings/0001104659-26-018677.md) | [44.2](/filings/0001558370-25-006332.md) | [86.1](/filings/0001558370-25-010123.md) | [99.6](/filings/0001104659-25-105706.md) | [87.5 d](/filings/0001104659-26-018677.md) | [70.4](/filings/0001104659-26-055741.md) | [127](/filings/0001104659-26-090540.md) | [137](/filings/0001104659-25-105706.md) | [77.5 d](/filings/0001104659-26-018677.md) | [24.4](/filings/0001104659-26-055741.md) | [(26.8)](/filings/0001104659-26-090540.md) |
| Interest expense | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Income tax | $m | [19.7](/filings/0001558370-24-014294.md) | [15.4 d](/filings/0001104659-26-018677.md) | [7.7](/filings/0001558370-25-006332.md) | [20.2](/filings/0001558370-25-010123.md) | [23.9](/filings/0001104659-25-105706.md) | [22.2 d](/filings/0001104659-26-018677.md) | [18.1](/filings/0001104659-26-055741.md) | [34.4](/filings/0001104659-26-090540.md) | [36.4](/filings/0001104659-25-105706.md) | [20.1 d](/filings/0001104659-26-018677.md) | [2.5](/filings/0001104659-26-055741.md) | [(12.4)](/filings/0001104659-26-090540.md) |
| Net income | $m | [48.1](/filings/0001558370-25-001397.md) | [37.7](/filings/0001558370-25-001397.md) | [18.9](/filings/0001104659-26-018677.md) | [49.6](/filings/0001104659-26-018677.md) | [58.4](/filings/0001104659-26-018677.md) | [54.0](/filings/0001104659-26-018677.md) | [44.2](/filings/0001104659-26-055741.md) | [84.3](/filings/0001104659-26-090540.md) | [94.6](/filings/0001104659-26-018677.md) | [51.8](/filings/0001104659-26-018677.md) | [17.4](/filings/0001104659-26-055741.md) | [(24.2)](/filings/0001104659-26-090540.md) |
| Diluted EPS | $ per share | [0.89](/filings/0001558370-25-001397.md) | [0.69](/filings/0001558370-25-001397.md) | [0.35](/filings/0001104659-26-018677.md) | [0.91](/filings/0001104659-26-018677.md) | [1.07](/filings/0001104659-26-018677.md) | [0.99](/filings/0001104659-26-018677.md) | [0.81](/filings/0001104659-26-055741.md) | [1.54](/filings/0001104659-26-090540.md) | [1.73](/filings/0001104659-26-018677.md) | [0.95](/filings/0001104659-26-018677.md) | [0.32](/filings/0001104659-26-055741.md) | [(0.45)](/filings/0001104659-26-090540.md) |
| Basic EPS | $ per share | [0.90](/filings/0001558370-25-001397.md) | [0.71](/filings/0001558370-25-001397.md) | [0.35](/filings/0001104659-26-018677.md) | [0.92](/filings/0001104659-26-018677.md) | [1.09](/filings/0001104659-26-018677.md) | [1.00](/filings/0001104659-26-018677.md) | [0.82](/filings/0001104659-26-055741.md) | [1.56](/filings/0001104659-26-090540.md) | [1.75](/filings/0001104659-26-018677.md) | [0.96](/filings/0001104659-26-018677.md) | [0.32](/filings/0001104659-26-055741.md) | [(0.45)](/filings/0001104659-26-090540.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: not reported
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [161](/filings/0001558370-24-014294.md) | [218](/filings/0001104659-26-018677.md) | [178](/filings/0001558370-25-006332.md) | [207](/filings/0001558370-25-010123.md) | [353](/filings/0001104659-25-105706.md) | [456](/filings/0001104659-26-090540.md) | [352](/filings/0001104659-26-055741.md) | [390](/filings/0001104659-26-090540.md) | [431](/filings/0001104659-25-105706.md) | [536](/filings/0001104659-26-090540.md) | [362](/filings/0001104659-26-055741.md) | [218](/filings/0001104659-26-090540.md) |
| Current assets | $m | [1,891](/filings/0001558370-23-018043.md) | [1,885](/filings/0001558370-25-001397.md) | [1,999](/filings/0001558370-24-007404.md) | [2,091](/filings/0001558370-24-010882.md) | [2,223](/filings/0001558370-24-014294.md) | [2,160](/filings/0001104659-26-018677.md) | [2,174](/filings/0001558370-25-006332.md) | [2,459](/filings/0001558370-25-010123.md) | [2,566](/filings/0001104659-25-105706.md) | [2,334](/filings/0001104659-26-090540.md) | [2,141](/filings/0001104659-26-055741.md) | [2,163](/filings/0001104659-26-090540.md) |
| Total assets | $m | [3,803](/filings/0001558370-23-018043.md) | [3,827](/filings/0001558370-25-001397.md) | [3,954](/filings/0001558370-24-007404.md) | [4,050](/filings/0001558370-24-010882.md) | [4,240](/filings/0001558370-24-014294.md) | [4,196](/filings/0001104659-26-018677.md) | [4,217](/filings/0001558370-25-006332.md) | [4,536](/filings/0001558370-25-010123.md) | [4,650](/filings/0001104659-25-105706.md) | [4,408](/filings/0001104659-26-090540.md) | [4,214](/filings/0001104659-26-055741.md) | [4,639](/filings/0001104659-26-090540.md) |
| Current liabilities | $m | [1,298](/filings/0001558370-23-018043.md) | [1,335](/filings/0001558370-25-001397.md) | [1,448](/filings/0001558370-24-007404.md) | [1,485](/filings/0001558370-24-010882.md) | [1,612](/filings/0001558370-24-014294.md) | [1,671](/filings/0001104659-26-018677.md) | [1,783](/filings/0001558370-25-006332.md) | [2,020](/filings/0001558370-25-010123.md) | [2,141](/filings/0001104659-25-105706.md) | [1,849](/filings/0001104659-26-090540.md) | [1,671](/filings/0001104659-26-055741.md) | [1,831](/filings/0001104659-26-090540.md) |
| Total liabilities | $m | [2,606](/filings/0001558370-23-018043.md) | [2,591](/filings/0001558370-25-001397.md) | [2,705](/filings/0001558370-24-007404.md) | [2,751](/filings/0001558370-24-010882.md) | [2,882](/filings/0001558370-24-014294.md) | [2,786](/filings/0001104659-26-018677.md) | [2,772](/filings/0001558370-25-006332.md) | [3,001](/filings/0001558370-25-010123.md) | [3,022](/filings/0001104659-25-105706.md) | [2,727](/filings/0001104659-26-090540.md) | [2,530](/filings/0001104659-26-055741.md) | [3,033](/filings/0001104659-26-090540.md) |
| Long-term debt | $m | [1,014](/filings/0001558370-23-018043.md) | [885](/filings/0001558370-25-001397.md) | [862](/filings/0001558370-24-007404.md) | [844](/filings/0001558370-24-010882.md) | [827](/filings/0001558370-24-014294.md) | [660](/filings/0001104659-26-018677.md) | [544](/filings/0001558370-25-006332.md) | [525](/filings/0001558370-25-010123.md) | [422](/filings/0001104659-25-105706.md) | [409](/filings/0001104659-26-090540.md) | [396](/filings/0001104659-26-055741.md) | [752](/filings/0001104659-26-090540.md) |
| Current portion of debt | $m | [85.2](/filings/0001558370-23-018043.md) | [72.9](/filings/0001558370-25-001397.md) | [89.5](/filings/0001558370-24-007404.md) | [89.3](/filings/0001558370-24-010882.md) | [76.8](/filings/0001558370-24-014294.md) | [74.6](/filings/0001104659-26-018677.md) | [68.1](/filings/0001558370-25-006332.md) | [78.1](/filings/0001558370-25-010123.md) | [63.8](/filings/0001104659-25-105706.md) | [60.9](/filings/0001104659-26-090540.md) | [57.2](/filings/0001104659-26-055741.md) | [45.0](/filings/0001104659-26-090540.md) |
| Shareholders' equity | $m | [1,197](/filings/0001558370-24-014294.md) | [1,236](/filings/0001104659-26-018677.md) | [1,249](/filings/0001558370-25-010123.md) | [1,299](/filings/0001104659-25-105706.md) | [1,358](/filings/0001104659-25-105706.md) | [1,410](/filings/0001104659-26-090540.md) | [1,446](/filings/0001104659-26-090540.md) | [1,535](/filings/0001104659-26-090540.md) | [1,628](/filings/0001104659-25-105706.md) | [1,681](/filings/0001104659-26-090540.md) | [1,684](/filings/0001104659-26-090540.md) | [1,606](/filings/0001104659-26-090540.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [73.7 d](/filings/0001558370-24-014294.md) | [206 d](/filings/0001104659-26-018677.md) | [(28.5)](/filings/0001558370-25-006332.md) | [16.1 d](/filings/0001558370-25-010123.md) | [222 d](/filings/0001104659-25-105706.md) | [298 d](/filings/0001104659-26-018677.md) | [66.2](/filings/0001104659-26-055741.md) | [78.4 d](/filings/0001104659-26-090540.md) | [183 d](/filings/0001104659-25-105706.md) | [143 d](/filings/0001104659-26-018677.md) | [(123)](/filings/0001104659-26-055741.md) | [(8.7) d](/filings/0001104659-26-090540.md) |
| Capital expenditure | $m | [40.1 d](/filings/0001558370-24-014294.md) | [20.5 d](/filings/0001104659-26-018677.md) | [10.4](/filings/0001558370-25-006332.md) | [24.2 d](/filings/0001558370-25-010123.md) | [63.7 d](/filings/0001104659-25-105706.md) | [28.2 d](/filings/0001104659-26-018677.md) | [40.6](/filings/0001104659-26-055741.md) | [33.1 d](/filings/0001104659-26-090540.md) | [34.5 d](/filings/0001104659-25-105706.md) | [21.7 d](/filings/0001104659-26-018677.md) | [27.8](/filings/0001104659-26-055741.md) | [22.5 d](/filings/0001104659-26-090540.md) |
| Dividends paid | $m | [3.2 d](/filings/0001558370-24-014294.md) | [3.2 d](/filings/0001104659-26-018677.md) | [3.2](/filings/0001558370-25-006332.md) | [3.2 d](/filings/0001558370-25-010123.md) | [3.2 d](/filings/0001104659-25-105706.md) | [3.3 d](/filings/0001104659-26-018677.md) | [4.3](/filings/0001104659-26-055741.md) | [4.3 d](/filings/0001104659-26-090540.md) | [4.3 d](/filings/0001104659-25-105706.md) | [4.4 d](/filings/0001104659-26-018677.md) | [4.3](/filings/0001104659-26-055741.md) | [4.4 d](/filings/0001104659-26-090540.md) |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: not reported

## Shares

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [54.4](/filings/0001558370-25-001397.md) | [54.4](/filings/0001558370-25-001397.md) | [54.4](/filings/0001104659-26-018677.md) | [54.7](/filings/0001104659-26-018677.md) | [54.7](/filings/0001104659-26-018677.md) | [54.7](/filings/0001104659-26-018677.md) | [54.7](/filings/0001104659-26-055741.md) | [54.8](/filings/0001104659-26-090540.md) | [54.8](/filings/0001104659-26-018677.md) | [54.8](/filings/0001104659-26-018677.md) | [54.8](/filings/0001104659-26-055741.md) | [54.0](/filings/0001104659-26-090540.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 53,832,327 at 2026-07-31, from the cover of the [10-Q filed 2026-08-05](/filings/0001104659-26-090540.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:37 ET. No prices; not investment advice.