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% on a QoQ basis from 9.42% in Q4 2025.

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

Primoris Services (PRIM) has reported Gross Margin for 17 consecutive years, with 8.64% the latest figure, recorded in 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 came in at 8.64% for Q1 2026 at Primoris Services, 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.
  • Average Gross Margin over 5 years is 10.36%, with a median of 10.6% recorded in 2024.
  • Across the five-year window, Gross Margin tumbled 382 bps in 2022 and jumped 212 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 11.54% in 2022, then dropped by 10 bps to 10.33% in 2023, then rose by 3 bps to 10.6% in 2024, then fell by 11 bps to 9.42% in 2025, then fell by 8 bps to 8.64% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 8.64%, 9.42%, and 10.82% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 44.21%
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 14.06%
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 12.48%
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 23.53%
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 31.28%
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 21.51%
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 26.15%
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 7.80%
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 12.61%
10 Primoris Services - - 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%