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% on a QoQ basis from $97.5 million in Q4 2025.
Primoris Services (PRIM) Operating Expenses (2010 - 2026) Analysis & Trends
Primoris Services (PRIM) has reported Operating Expenses for 17 consecutive years, with $110.3 million the latest figure, recorded in 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 came in at $110.3 million for Q1 2026 at Primoris Services, 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.
- Average Operating Expenses over 5 years is $91.0 million, with a median of $97.0 million recorded in 2024.
- Across the five-year window, Operating Expenses jumped 80.9% in 2022 and fell 23.16% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $106.4 million in 2022, then decreased by 23.16% to $81.7 million in 2023, then increased by 18.68% to $97.0 million in 2024, then grew by 0.51% to $97.5 million in 2025, then grew by 13.13% to $110.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $110.3 million, $97.5 million, and $98.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 666.00 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 620.73 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 297.49 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 49.26 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 517.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 876.07 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 57.87 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 53.05 Mn |
| 10 | Primoris Services | - | - | 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 |