Primoris Services (PRIM) Tax Provisions (2010 - 2026)
Primoris Services (PRIM) posted Tax Provisions of -$12.4 million for Q2 2026, down 596.0% on a QoQ basis from $2.5 million in Q1 2026, and down 136.05% year-over-year from $34.4 million in Q2 2025.
Analysis
Primoris Services (PRIM) Tax Provisions (2010 - 2026) Analysis & Trends
Primoris Services has reported Tax Provisions for 17 years, with the latest figure at -$12.4 million in Q2 2026.
- On a quarterly basis, Tax Provisions fell 136.05% year-over-year to -$12.4 million in Q2 2026; TTM through Jun 2026 was $46.7 million, a 52.61% decrease from a year earlier, with the FY2025 full-year figure at $109.1 million, up 47.43% from the prior year.
- Tax Provisions was -$12.4 million for Q2 2026 at Primoris Services, down from $2.5 million in the prior quarter.
- The five-year high for Tax Provisions was $36.4 million in Q3 2025, with the low at -$12.4 million in Q2 2026.
- Average Tax Provisions over 5 years is $13.9 million, with a median of $15.7 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Tax Provisions soared 1417.06% in 2024, then sank 136.05% in 2026.
- Over 5 years, Tax Provisions stood at $4.0 million in 2022, then jumped by 288.42% to $15.4 million in 2023, then soared by 44.28% to $22.2 million in 2024, then dropped by 9.1% to $20.1 million in 2025, then plunged by 161.56% to -$12.4 million in 2026.
- The last three Tax Provisions figures came in at -$12.4 million (Q2 2026), $2.5 million (Q1 2026), and $20.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 157.58 Mn |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | 48.00 Mn |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 51.29 Mn |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 29.40 Mn |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | 17.28 Mn |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | -12.40 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 6.16 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | 863,943.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.40 Mn |
| Mar 31, 2026 | 2.50 Mn |
| Dec 31, 2025 | 20.14 Mn |
| Sep 30, 2025 | 36.45 Mn |
| Jun 30, 2025 | 34.40 Mn |
| Mar 31, 2025 | 18.10 Mn |
| Dec 31, 2024 | 22.16 Mn |
| Sep 30, 2024 | 23.87 Mn |
| Jun 30, 2024 | 20.24 Mn |
| Mar 31, 2024 | 7.74 Mn |
| Dec 31, 2023 | 15.36 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 |