Primoris Services (PRIM) Operating Expenses (2010 - 2026)
Primoris Services (PRIM) posted quarterly Operating Expenses of $110.3 million for Q1 2026, up 9.97% year-over-year from $100.3 million in Q1 2025, and up 13.13% quarter-over-quarter from $97.5 million in Q4 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 for Q1 2026 stood at $110.3 million, up from $97.5 million in the prior quarter.
- The five-year high for Operating Expenses was $110.3 million in Q1 2026, with the low at $55.8 million in Q1 2022.
- The 5-year median for Operating Expenses is $97.0 million (2024), against an average of $91.0 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 80.9% in 2022, then decreased 23.16% in 2023.
- Primoris Services' Operating Expenses stood at $106.4 million in 2022, then dropped by 23.16% to $81.7 million in 2023, then gained by 18.68% to $97.0 million in 2024, then rose by 0.51% to $97.5 million in 2025, then rose by 13.13% to $110.3 million in 2026.
- Business Quant data shows PRIM's Operating Expenses at $110.3 million in Q1 2026, $97.5 million in Q4 2025, and $98.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 287.05 Mn |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 475.04 Mn |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 206.47 Mn |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 49.26 Mn |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 528.00 Mn |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 876.07 Mn |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 142.57 Mn |
| 10 | Primoris Services | 4.65 Bn | 4.28 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 |