Primoris Services (PRIM) Net Income (2010 - 2026)
Primoris Services (PRIM) posted Net Income of -$24.2 million for Q2 2026, down 239.08% on a QoQ basis from $17.4 million in Q1 2026, and down 128.71% year-over-year from $84.3 million in Q2 2025.
Analysis
Primoris Services (PRIM) Net Income (2010 - 2026) Analysis & Trends
Primoris Services has reported Net Income for 17 years, with the latest figure at -$24.2 million in Q2 2026.
- On a quarterly basis, Net Income fell 128.71% year-over-year to -$24.2 million in Q2 2026; TTM through Jun 2026 was $141.4 million, a 41.29% decrease from a year earlier, with the FY2025 full-year figure at $276.8 million, up 53.01% from the prior year.
- Net Income was -$24.2 million for Q2 2026 at Primoris Services, down from $17.4 million in the prior quarter.
- The five-year high for Net Income was $94.6 million in Q3 2025, with the low at -$24.2 million in Q2 2026.
- Average Net Income over 5 years is $39.4 million, with a median of $43.6 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2026: Net Income soared 1346.03% in 2024, then slumped 128.71% in 2026.
- Over 5 years, Net Income stood at $41.5 million in 2022, then dropped by 9.37% to $37.6 million in 2023, then soared by 43.51% to $54.0 million in 2024, then fell by 0.66% to $53.6 million in 2025, then plunged by 145.13% to -$24.2 million in 2026.
- The last three Net Income figures came in at -$24.2 million (Q2 2026), $17.4 million (Q1 2026), and $53.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 94.39 Bn | 93.88 Bn | 1.55 Bn | 459.58 Mn |
| 2 | Mastec | 18.81 Bn | 18.50 Bn | 556.28 Mn | 145.74 Mn |
| 3 | IES Holdings | 12.95 Bn | 12.56 Bn | 340.66 Mn | 153.55 Mn |
| 4 | Dycom Industries | 8.42 Bn | 7.71 Bn | - | - |
| 5 | Everus Construction | 6.01 Bn | 5.83 Bn | 182.92 Mn | 80.57 Mn |
| 6 | Myr | 4.47 Bn | 4.33 Bn | 142.67 Mn | 49.85 Mn |
| 7 | Primoris Services | 4.01 Bn | 3.79 Bn | 82.40 Mn | -24.20 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 6.15 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 217.70 Mn | 203.02 Mn | 14.32 Mn | 3.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -24.20 Mn |
| Mar 31, 2026 | 17.40 Mn |
| Dec 31, 2025 | 53.62 Mn |
| Sep 30, 2025 | 94.62 Mn |
| Jun 30, 2025 | 84.30 Mn |
| Mar 31, 2025 | 44.20 Mn |
| Dec 31, 2024 | 53.98 Mn |
| Sep 30, 2024 | 58.44 Mn |
| Jun 30, 2024 | 49.54 Mn |
| Mar 31, 2024 | 18.94 Mn |
| Dec 31, 2023 | 37.61 Mn |
| Sep 30, 2023 | 48.14 Mn |
| Jun 30, 2023 | 39.03 Mn |
| Mar 31, 2023 | 1.31 Mn |
| Dec 31, 2022 | 41.50 Mn |
| Sep 30, 2022 | 43.04 Mn |
| Jun 30, 2022 | 50.15 Mn |
| Mar 31, 2022 | -1.67 Mn |
| Dec 31, 2021 | 29.54 Mn |
| Sep 30, 2021 | 44.06 Mn |