Primoris Services (PRIM) Operating Expenses (2010 - 2026)
Primoris Services (PRIM) posted Operating Expenses of $109.2 million for Q2 2026, down 1.0% on a QoQ basis from $110.3 million in Q1 2026, and up 3.9% year-over-year from $105.1 million in Q2 2025.
Analysis
Primoris Services (PRIM) Operating Expenses (2010 - 2026) Analysis & Trends
Primoris Services has reported Operating Expenses for 17 years, with the latest figure at $109.2 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 3.9% year-over-year to $109.2 million in Q2 2026; TTM through Jun 2026 was $415.7 million, a 3.56% increase from a year earlier, with the FY2025 full-year figure at $401.6 million, up 4.1% from the prior year.
- Operating Expenses was $109.2 million for Q2 2026 at Primoris Services, down from $110.3 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 $92.0 million, with a median of $97.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 80.9% in 2022, then dropped 23.16% in 2023.
- Over 5 years, Operating Expenses stood at $106.4 million in 2022, then fell by 23.16% to $81.7 million in 2023, then climbed by 18.68% to $97.0 million in 2024, then advanced by 0.51% to $97.5 million in 2025, then grew by 12.0% to $109.2 million in 2026.
- The last three Operating Expenses figures came in at $109.2 million (Q2 2026), $110.3 million (Q1 2026), and $97.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | 206.47 Mn |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 162.17 Mn |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 71.15 Mn |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | 74.41 Mn |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | 109.20 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 37.24 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | 9.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 109.20 Mn |
| Mar 31, 2026 | 110.30 Mn |
| Dec 31, 2025 | 97.50 Mn |
| Sep 30, 2025 | 98.71 Mn |
| Jun 30, 2025 | 105.10 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 |