Primoris Services (PRIM) Tax Provisions (2010 - 2026)
Primoris Services (PRIM) recorded quarterly Tax Provisions of $2.5 million in Q1 2026, down 54.89% quarter-over-quarter from $5.5 million in Q4 2025, and down 86.19% on a YoY basis from $18.1 million in Q1 2025.
Primoris Services (PRIM) Tax Provisions (2010 - 2026) Analysis & Trends
Primoris Services' Tax Provisions history runs 17 years deep, the most recent figure standing at $2.5 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 86.19% year-over-year to $2.5 million; the TTM figure through Mar 2026 stood at $78.9 million (down 1.17% YoY), while the FY2025 annual figure was $94.5 million, up 35.97% from the prior year.
- Tax Provisions was $2.5 million for Q1 2026 at Primoris Services, down from $5.5 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $36.4 million in Q3 2025 to a low of -$13.9 million in Q4 2023.
- Historically, Tax Provisions has averaged $12.6 million across 5 years, with a median of $13.1 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions slumped 452.6% in 2023, then surged 1417.06% in 2024.
- A 5-year view of Tax Provisions shows it stood at $4.0 million in 2022, then plunged by 452.6% to -$13.9 million in 2023, then soared by 226.65% to $17.7 million in 2024, then sank by 68.61% to $5.5 million in 2025, then tumbled by 54.89% to $2.5 million in 2026.
- The last three Tax Provisions figures came in at $2.5 million (Q1 2026), $5.5 million (Q4 2025), and $36.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 24.93 Mn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 111.77 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 104.59 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 21.79 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 33.67 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 14.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 38.32 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | -45.09 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | Primoris Services | 6.67 Bn | 6.67 Bn | 134.70 Mn | 2.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.50 Mn |
| Dec 31, 2025 | 5.54 Mn |
| Sep 30, 2025 | 36.45 Mn |
| Jun 30, 2025 | 34.44 Mn |
| Mar 31, 2025 | 18.10 Mn |
| Dec 31, 2024 | 17.66 Mn |
| Sep 30, 2024 | 23.87 Mn |
| Jun 30, 2024 | 20.24 Mn |
| Mar 31, 2024 | 7.74 Mn |
| Dec 31, 2023 | -13.94 Mn |
| Sep 30, 2023 | 19.66 Mn |
| Jun 30, 2023 | 15.97 Mn |
| Mar 31, 2023 | 510,000.00 |
| Dec 31, 2022 | 3.95 Mn |
| Sep 30, 2022 | 9.81 Mn |
| Jun 30, 2022 | 13.12 Mn |
| Mar 31, 2022 | -619,000.00 |
| Dec 31, 2021 | 3.42 Mn |
| Sep 30, 2021 | 16.71 Mn |
| Jun 30, 2021 | 13.60 Mn |