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
DateValue
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