Primoris Services (PRIM) Operating Expenses (2010 - 2026)
Primoris Services (PRIM) recorded quarterly Operating Expenses of $110.3 million in Q1 2026, up 13.13% quarter-over-quarter from $97.5 million in Q4 2025, and up 9.97% on a YoY basis from $100.3 million in Q1 2025.
Primoris Services (PRIM) Operating Expenses (2010 - 2026) Analysis & Trends
Primoris Services' Operating Expenses history runs 17 years deep, the most recent figure standing at $110.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 9.97% year-over-year to $110.3 million; the TTM figure through Mar 2026 stood at $411.6 million (up 3.69% YoY), while the FY2025 annual figure was $401.6 million, up 4.1% from the prior year.
- Operating Expenses was $110.3 million for Q1 2026 at Primoris Services, up from $97.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $110.3 million in Q1 2026 to a low of $55.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $91.0 million across 5 years, with a median of $97.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 80.9% in 2022, then slipped 23.16% in 2023.
- A 5-year view of Operating Expenses shows it stood at $106.4 million in 2022, then declined by 23.16% to $81.7 million in 2023, then advanced by 18.68% to $97.0 million in 2024, then gained by 0.51% to $97.5 million in 2025, then gained by 13.13% to $110.3 million in 2026.
- The last three Operating Expenses figures came in at $110.3 million (Q1 2026), $97.5 million (Q4 2025), and $98.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 620.73 Mn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 269.00 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 460.11 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 297.49 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 49.26 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 517.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | 876.07 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | Primoris Services | 6.67 Bn | 6.67 Bn | 134.70 Mn | 110.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 110.30 Mn |
| Dec 31, 2025 | 97.50 Mn |
| Sep 30, 2025 | 98.71 Mn |
| Jun 30, 2025 | 105.09 Mn |
| Mar 31, 2025 | 100.30 Mn |
| Dec 31, 2024 | 97.01 Mn |
| Sep 30, 2024 | 99.01 Mn |
| Jun 30, 2024 | 100.64 Mn |
| Mar 31, 2024 | 89.14 Mn |
| Dec 31, 2023 | 81.74 Mn |
| Sep 30, 2023 | 85.49 Mn |
| Jun 30, 2023 | 86.47 Mn |
| Mar 31, 2023 | 80.70 Mn |
| Dec 31, 2022 | 106.37 Mn |
| Sep 30, 2022 | 88.43 Mn |
| Jun 30, 2022 | 64.93 Mn |
| Mar 31, 2022 | 55.78 Mn |
| Dec 31, 2021 | 58.80 Mn |
| Sep 30, 2021 | 62.15 Mn |
| Jun 30, 2021 | 58.23 Mn |