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
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