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| Date | Value |
|---|---|
| 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% |