Primoris Services (PRIM) Work In Process (2017 - 2026)
Primoris Services (PRIM) recorded quarterly Work In Process of $62.3 million in Q1 2026, up 11.25% quarter-over-quarter from $56.0 million in Q4 2025, and up 14.26% on a YoY basis from $54.5 million in Q1 2025.
Primoris Services (PRIM) Work In Process (2017 - 2026) Analysis & Trends
Primoris Services' Work In Process history runs 10 years deep, the most recent figure standing at $62.3 million for Q1 2026.
- In Q1 2026, Work In Process rose 14.26% year-over-year to $62.3 million; the TTM figure through Mar 2026 stood at $62.3 million (up 14.26% YoY), while the FY2025 annual figure was $56.0 million, up 14.29% from the prior year.
- Work In Process was $62.3 million for Q1 2026 at Primoris Services, up from $56.0 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $62.3 million in Q1 2026 to a low of $17.8 million in Q1 2022.
- Historically, Work In Process has averaged $40.5 million across 5 years, with a median of $45.0 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Work In Process retreated 10.39% in 2022, then soared 154.69% in 2023.
- A 5-year view of Work In Process shows it stood at $21.6 million in 2022, then jumped by 84.1% to $39.7 million in 2023, then grew by 23.43% to $49.0 million in 2024, then rose by 14.29% to $56.0 million in 2025, then advanced by 11.25% to $62.3 million in 2026.
- The last three Work In Process figures came in at $62.3 million (Q1 2026), $56.0 million (Q4 2025), and $52.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - |
| 10 | Primoris Services | 5.62 Bn | 5.62 Bn | 134.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.30 Mn |
| Dec 31, 2025 | 56.00 Mn |
| Sep 30, 2025 | 52.43 Mn |
| Jun 30, 2025 | 55.23 Mn |
| Mar 31, 2025 | 54.52 Mn |
| Dec 31, 2024 | 49.00 Mn |
| Sep 30, 2024 | 44.97 Mn |
| Jun 30, 2024 | 45.79 Mn |
| Mar 31, 2024 | 42.30 Mn |
| Dec 31, 2023 | 39.70 Mn |
| Sep 30, 2023 | 30.30 Mn |
| Jun 30, 2023 | 32.36 Mn |
| Mar 31, 2023 | 45.46 Mn |
| Dec 31, 2022 | 21.56 Mn |
| Sep 30, 2022 | 18.84 Mn |
| Jun 30, 2022 | 20.27 Mn |
| Mar 31, 2022 | 17.85 Mn |
| Dec 31, 2021 | 14.90 Mn |
| Sep 30, 2021 | 20.16 Mn |
| Jun 30, 2021 | 18.80 Mn |