Primoris Services (PRIM) Gross Margin (2010 - 2026)
Primoris Services (PRIM) posted Gross Margin of 4.88% for Q2 2026, down 43.48% on a QoQ basis from 8.64% in Q1 2026, and down 737.0% year-over-year from 0.77% in Q2 2025.
Analysis
Primoris Services (PRIM) Gross Margin (2010 - 2026) Analysis & Trends
Primoris Services has reported Gross Margin for 17 years, with the latest figure at 4.88% in Q2 2026.
- On a quarterly basis, Gross Margin fell 737.0% year-over-year to 4.88% in Q2 2026; TTM through Jun 2026 was 8.62%, a 272.0% decrease from a year earlier, with the FY2025 full-year figure at 10.73%, down 31.0% from the prior year.
- Gross Margin was 4.88% for Q2 2026 at Primoris Services, down from 8.64% in the prior quarter.
- The five-year high for Gross Margin was 12.25% in Q2 2025, with the low at 4.88% in Q2 2026.
- Average Gross Margin over 5 years is 10.05%, with a median of 10.48% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Gross Margin surged 212 bps in 2023, then sank 737 bps in 2026.
- Over 5 years, Gross Margin stood at 11.54% in 2022, then decreased by 10 bps to 10.33% in 2023, then grew by 3 bps to 10.6% in 2024, then dropped by 11 bps to 9.42% in 2025, then slumped by 48 bps to 4.88% in 2026.
- The last three Gross Margin figures came in at 4.88% (Q2 2026), 8.64% (Q1 2026), and 9.42% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 94.39 Bn | 93.88 Bn | 1.55 Bn | 16.17% |
| 2 | Mastec | 18.81 Bn | 18.50 Bn | 556.28 Mn | 12.72% |
| 3 | IES Holdings | 12.95 Bn | 12.56 Bn | 340.66 Mn | 27.41% |
| 4 | Dycom Industries | 8.42 Bn | 7.71 Bn | - | - |
| 5 | Everus Construction | 6.01 Bn | 5.83 Bn | 182.92 Mn | 14.85% |
| 6 | Myr | 4.47 Bn | 4.33 Bn | 142.67 Mn | 13.19% |
| 7 | Primoris Services | 4.01 Bn | 3.79 Bn | 82.40 Mn | 4.88% |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 7.19% |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 217.70 Mn | 203.02 Mn | 14.32 Mn | 11.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.88% |
| Mar 31, 2026 | 8.64% |
| Dec 31, 2025 | 9.42% |
| Sep 30, 2025 | 10.82% |
| Jun 30, 2025 | 12.25% |
| Mar 31, 2025 | 10.36% |
| Dec 31, 2024 | 10.60% |
| Sep 30, 2024 | 12.04% |
| Jun 30, 2024 | 11.94% |
| Mar 31, 2024 | 9.44% |
| Dec 31, 2023 | 10.33% |
| Sep 30, 2023 | 11.37% |
| Jun 30, 2023 | 11.13% |
| Mar 31, 2023 | 7.93% |
| Dec 31, 2022 | 11.54% |
| Sep 30, 2022 | 12.06% |
| Jun 30, 2022 | 9.00% |
| Mar 31, 2022 | 7.20% |
| Dec 31, 2021 | 10.86% |
| Sep 30, 2021 | 13.95% |