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

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 was 8.64% for Q1 2026 at Primoris Services, down from 9.42% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 12.25% in Q2 2025 to a low of 7.2% in Q1 2022.
• Historically, Gross Margin has averaged 10.36% across 5 years, with a median of 10.6% in 2024.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 382 bps in 2022, then jumped 212 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 11.54% in 2022, then retreated by 10 bps to 10.33% in 2023, then climbed by 3 bps to 10.6% in 2024, then slipped by 11 bps to 9.42% in 2025, then slipped by 8 bps to 8.64% in 2026.
• The last three Gross Margin figures came in at 8.64% (Q1 2026), 9.42% (Q4 2025), and 10.82% (Q3 2025), per Business Quant data.