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| 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% |