Primoris Services Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,487	7,575	6,367	5,715	4,421	3,498
Revenue Growth (YoY)	13.40%	18.98%	11.40%	29.29%	26.39%	0.18%
Cost of Revenue	6,710	6,762	5,664	5,128	3,964	3,081
Gross Profit	777.14	813.1	703.2	587.5	456.89	416.66
Selling, General & Admin	405.5	399.2	383.3	328.7	281.58	230.11
Other Operating Expenses	6.11	2.4	2.5	5.7	-20.03	16.4
Total Operating Expenses	411.61	401.6	385.8	334.4	261.55	246.51
Operating Income	365.54	411.5	317.4	253.1	195.34	170.15
Interest Expense	-25.51	-28.7	-65.3	-78.2	-39.21	-18.5
Other Non-Operating Income (Expense)	1.57	1.2	2.8	2.7	3.16	0.2
Total Non-Operating Income (Expense)	-23.95	-27.5	-62.5	-75.5	-36.05	-18.29
Pretax Income	341.59	384	254.9	177.6	159.29	151.86
Provision for Income Taxes	93.53	109.1	74	51.5	26.27	36.12
Net Income	248.06	274.9	180.9	126.1	133.02	115.74
Net Income to Common	248.06	274.9	180.9	126.1	133.02	115.74
Net Income Growth	20.33%	51.96%	43.46%	-5.20%	14.93%	10.24%
Shares Outstanding (Basic)	54	54	54	53	53	53
Shares Outstanding (Diluted)	55	55	55	54	54	53
Shares Change (YoY)	0.22%	0.37%	0.74%	0.82%	1.13%	9.31%
EPS (Basic)	4.59	5.09	3.37	2.37	2.50	2.19
EPS (Diluted)	4.54	5.02	3.31	2.33	2.47	2.17
EPS Growth	20.11%	51.66%	42.06%	-5.67%	13.83%	0.46%
Shares Outstanding	54.24	54.05	53.74	53.37	53.12	53.19
Free Cash Flow	164.5	340.5	381.8	95.5	-11.34	-54.1
Free Cash Flow Growth	-51.69%	-10.82%	299.79%	-	-	-
Free Cash Flow Per Share	3.00	6.21	6.99	1.76	-0.21	-1.02
Dividends Per Share	0.320	0.320	0.260	0.240	0.240	0.240
Dividend Growth	-	23.08%	8.33%	-	-	-
Gross Margin	10.38%	10.73%	11.04%	10.28%	10.34%	11.91%
Operating Margin	4.88%	5.43%	4.99%	4.43%	4.42%	4.86%
Profit Margin	3.31%	3.63%	2.84%	2.21%	3.01%	3.31%
FCF Margin	2.20%	4.50%	6.00%	1.67%	-0.26%	-1.55%
EBITDA	459.84	503.4	412.9	360.1	294.5	275.71
EBITDA Margin	6.14%	6.65%	6.49%	6.30%	6.66%	7.88%
EBIT	365.54	411.5	317.4	253.1	195.34	170.15
EBIT Margin	4.88%	5.43%	4.99%	4.43%	4.42%	4.86%
Effective Tax Rate	27.38%	28.41%	29.03%	29.00%	16.49%	23.78%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q