Primoris Services (PRIM) Tax Provisions (2010 - 2026)
Primoris Services (PRIM) posted quarterly Tax Provisions of $2.5 million for Q1 2026, down 86.19% year-over-year from $18.1 million in Q1 2025, and down 54.89% on a QoQ basis from $5.5 million in Q4 2025.
Primoris Services (PRIM) Tax Provisions (2010 - 2026) Analysis & Trends
Primoris Services (PRIM) has reported Tax Provisions for 17 consecutive years, with $2.5 million the latest figure, recorded in 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 came in at $2.5 million for Q1 2026 at Primoris Services, down from $5.5 million in the prior quarter.
- The five-year high for Tax Provisions was $36.4 million in Q3 2025, with the low at -$13.9 million in Q4 2023.
- Average Tax Provisions over 5 years is $12.6 million, with a median of $13.1 million recorded in 2022.
- Across the five-year window, Tax Provisions tumbled 452.6% in 2023 and surged 1417.06% in 2024, its largest moves.
- Year by year, Tax Provisions stood at $4.0 million in 2022, then sank by 452.6% to -$13.9 million in 2023, then soared by 226.65% to $17.7 million in 2024, then slumped by 68.61% to $5.5 million in 2025, then plunged by 54.89% to $2.5 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $2.5 million, $5.5 million, and $36.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 35.80 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 24.93 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 21.79 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 33.67 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 14.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | -45.09 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 38.32 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 26.84 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 20.25 Mn |
| 10 | Primoris Services | - | - | 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 |