Primoris Services (PRIM) Operating Income (2010 - 2026)
Primoris Services (PRIM) posted Operating Income of -$26.8 million for Q2 2026, down 209.84% on a QoQ basis from $24.4 million in Q1 2026, and down 121.17% year-over-year from $126.6 million in Q2 2025.
Analysis
Primoris Services (PRIM) Operating Income (2010 - 2026) Analysis & Trends
Primoris Services has reported Operating Income for 17 years, with the latest figure at -$26.8 million in Q2 2026.
- On a quarterly basis, Operating Income fell 121.17% year-over-year to -$26.8 million in Q2 2026; TTM through Jun 2026 was $212.1 million, a 44.78% decrease from a year earlier, with the FY2025 full-year figure at $411.5 million, up 29.65% from the prior year.
- Operating Income was -$26.8 million for Q2 2026 at Primoris Services, down from $24.4 million in the prior quarter.
- The five-year high for Operating Income was $137.0 million in Q3 2025, with the low at -$26.8 million in Q2 2026.
- Average Operating Income over 5 years is $65.3 million, with a median of $70.6 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2026: Operating Income soared 2587.57% in 2023, then plunged 121.17% in 2026.
- Over 5 years, Operating Income stood at $60.9 million in 2022, then gained by 22.97% to $74.9 million in 2023, then advanced by 16.93% to $87.5 million in 2024, then dropped by 11.48% to $77.5 million in 2025, then sank by 134.58% to -$26.8 million in 2026.
- The last three Operating Income figures came in at -$26.8 million (Q2 2026), $24.4 million (Q1 2026), and $77.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 94.39 Bn | 93.88 Bn | 1.55 Bn | 694.83 Mn |
| 2 | Mastec | 18.81 Bn | 18.50 Bn | 556.28 Mn | 226.20 Mn |
| 3 | IES Holdings | 12.95 Bn | 12.56 Bn | 340.66 Mn | 178.55 Mn |
| 4 | Dycom Industries | 8.42 Bn | 7.71 Bn | - | - |
| 5 | Everus Construction | 6.01 Bn | 5.83 Bn | 182.92 Mn | 111.77 Mn |
| 6 | Myr | 4.47 Bn | 4.33 Bn | 142.67 Mn | 67.95 Mn |
| 7 | Primoris Services | 4.01 Bn | 3.79 Bn | 82.40 Mn | -26.80 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 24.15 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 217.70 Mn | 203.02 Mn | 14.32 Mn | 4.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -26.80 Mn |
| Mar 31, 2026 | 24.40 Mn |
| Dec 31, 2025 | 77.49 Mn |
| Sep 30, 2025 | 137.00 Mn |
| Jun 30, 2025 | 126.60 Mn |
| Mar 31, 2025 | 70.40 Mn |
| Dec 31, 2024 | 87.54 Mn |
| Sep 30, 2024 | 99.55 Mn |
| Jun 30, 2024 | 86.07 Mn |
| Mar 31, 2024 | 44.24 Mn |
| Dec 31, 2023 | 74.87 Mn |
| Sep 30, 2023 | 88.41 Mn |
| Jun 30, 2023 | 70.80 Mn |
| Mar 31, 2023 | 19.03 Mn |
| Dec 31, 2022 | 60.89 Mn |
| Sep 30, 2022 | 66.48 Mn |
| Jun 30, 2022 | 67.26 Mn |
| Mar 31, 2022 | 708,000.00 |
| Dec 31, 2021 | 37.22 Mn |
| Sep 30, 2021 | 65.28 Mn |