Primoris Services (PRIM) Cost of Revenue (2010 - 2026)
Primoris Services' Cost of Revenue came in at $1.61 billion for Q2 2026, down 3.2% from $1.66 billion a year earlier but up 12.7% from the prior quarter.
Primoris Services (PRIM) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Primoris Services reported Cost of Revenue of $6.66 billion, up 8.3% year-over-year; for FY2025, it came in at $6.76 billion, up 19.4% from FY2024.
- Cost of Revenue has increased in each of the last four years, with a five-year compound annual growth rate of 16.7% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $5.66 billion in FY2024 (+10.4%), $5.13 billion in FY2023 (+29.4%), $3.96 billion in FY2022 (+28.7%) and $3.08 billion in FY2021 (-1.3%).
- The five-year range for quarterly Cost of Revenue is $727.9 million (Q1 2022) to $1.94 billion (Q3 2025).
- Year-over-year, Cost of Revenue increased in six of the last eight quarters, with growth averaging 11.6%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q1 2023 (growth of 59.0%), and the weakest in Q3 2021 (a decline of 4.1%).
- Business Quant data shows PRIM's Cost of Revenue at $1.43 billion (Q1 2026), $1.68 billion (Q4 2025) and $1.94 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.10 Bn | 80.29 Bn | 1.55 Bn | 8.01 Bn |
| 2 | Ferrovial | 35.78 Bn | 16.09 Bn | - | - |
| 3 | Emcor | 28.64 Bn | 25.04 Bn | 1.02 Bn | 4.13 Bn |
| 4 | Jacobs Solutions | 16.99 Bn | 11.64 Bn | 810.70 Mn | 3.27 Bn |
| 5 | Mastec | 13.74 Bn | 12.65 Bn | 556.28 Mn | 3.82 Bn |
| 6 | Sterling Infrastructure | 10.90 Bn | 9.26 Bn | 289.96 Mn | 878.22 Mn |
| 7 | IES Holdings | 8.51 Bn | 7.37 Bn | 340.66 Mn | 902.04 Mn |
| 8 | Stantec | 8.11 Bn | 7.04 Bn | 1.36 Bn | 1.15 Bn |
| 9 | Aecom | 7.78 Bn | 3.11 Bn | -34.04 Mn | 3.62 Bn |
| 10 | Primoris Services | 3.50 Bn | 1.95 Bn | 82.40 Mn | 1.61 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.61 Bn |
| Mar 31, 2026 | 1.43 Bn |
| Dec 31, 2025 | 1.68 Bn |
| Sep 30, 2025 | 1.94 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.56 Bn |
| Sep 30, 2024 | 1.45 Bn |
| Jun 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 1.28 Bn |
| Dec 31, 2023 | 1.36 Bn |
| Sep 30, 2023 | 1.36 Bn |
| Jun 30, 2023 | 1.26 Bn |
| Mar 31, 2023 | 1.16 Bn |
| Dec 31, 2022 | 1.18 Bn |
| Sep 30, 2022 | 1.13 Bn |
| Jun 30, 2022 | 930.84 Mn |
| Mar 31, 2022 | 727.90 Mn |
| Dec 31, 2021 | 788.43 Mn |
| Sep 30, 2021 | 785.81 Mn |
Primoris Services Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PRIM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PRIM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PRIM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();