Primoris Services (PRIM) Cost of Revenue (2010 - 2026)
Primoris Services (PRIM) posted quarterly Cost of Revenue of $1.4 billion for Q1 2026, down 3.53% year-over-year from $1.5 billion in Q1 2025, and down 15.3% on a QoQ basis from $1.7 billion in Q4 2025.
Primoris Services (PRIM) Cost of Revenue (2010 - 2026) Analysis & Trends
Primoris Services (PRIM) has reported Cost of Revenue for 17 consecutive years, with $1.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 3.53% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $6.7 billion (up 14.46% YoY), while the FY2025 annual figure was $6.8 billion, up 19.39% from the prior year.
- Cost of Revenue came in at $1.4 billion for Q1 2026 at Primoris Services, down from $1.7 billion in the prior quarter.
- The five-year high for Cost of Revenue was $1.9 billion in Q3 2025, with the low at $727.9 million in Q1 2022.
- Average Cost of Revenue over 5 years is $1.3 billion, with a median of $1.4 billion recorded in 2023.
- Across the five-year window, Cost of Revenue surged 58.97% in 2023 and slipped 3.53% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $1.2 billion in 2022, then climbed by 15.58% to $1.4 billion in 2023, then advanced by 14.56% to $1.6 billion in 2024, then gained by 8.09% to $1.7 billion in 2025, then decreased by 15.3% to $1.4 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $1.4 billion, $1.7 billion, and $1.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 780.20 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 6.77 Bn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 3.35 Bn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 631.38 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 1.36 Bn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 2.90 Bn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 719.50 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 3.50 Bn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 906.22 Mn |
| 10 | Primoris Services | - | - | 134.70 Mn | 1.43 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.43 Bn |
| Mar 31, 2026 | 1.43 Bn |
| Dec 31, 2025 | 1.68 Bn |
| Dec 31, 2025 | 1.68 Bn |
| Sep 30, 2025 | 1.94 Bn |
| Sep 30, 2025 | 1.94 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.56 Bn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.45 Bn |
| Sep 30, 2024 | 1.45 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 1.28 Bn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Dec 31, 2023 | 1.36 Bn |