Primoris Services PRIM
NYSE PRIM
$73.91 -1.54 (-2.04%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%