Primoris Services (PRIM) Gross Margin (2010 - 2026)

Primoris Services (PRIM) posted quarterly Gross Margin of 8.64% for Q1 2026, down 172.0% year-over-year from 11.99% in Q1 2025, and down 8.33% quarter-over-quarter from 9.42% in Q4 2025.

Primoris Services (PRIM) Gross Margin (2010 - 2026) Analysis & Trends

Primoris Services' Gross Margin history runs 17 years deep, the most recent figure standing at 8.64% for Q1 2026.

  • In Q1 2026, Gross Margin fell 172.0% year-over-year to 8.64%; the TTM figure through Mar 2026 stood at 10.38% (down 84.0% YoY), while the FY2025 annual figure was 10.73%, down 31.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 8.64%, down from 9.42% in the prior quarter.
  • The five-year high for Gross Margin was 12.25% in Q2 2025, with the low at 7.2% in Q1 2022.
  • The 5-year median for Gross Margin is 10.6% (2024), against an average of 10.36%.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin sank 382 bps in 2022, then soared 212 bps in 2023.
  • Primoris Services' Gross Margin stood at 11.54% in 2022, then fell by 10 bps to 10.33% in 2023, then advanced by 3 bps to 10.6% in 2024, then decreased by 11 bps to 9.42% in 2025, then decreased by 8 bps to 8.64% in 2026.
  • Business Quant data shows PRIM's Gross Margin at 8.64% in Q1 2026, 9.42% in Q4 2025, and 10.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Quanta Services 102.18 Bn 101.77 Bn 1.55 Bn 16.17%
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 25.85%
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 19.83%
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 12.72%
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 23.53%
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 31.19%
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 21.51%
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 27.41%
10 Primoris Services 4.77 Bn 4.41 Bn 134.70 Mn 8.64%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 12.82%