Primoris Services (PRIM) Work In Process (2017 - 2026)
Primoris Services (PRIM) posted Work In Process of $62.0 million for Q2 2026, little changed on a QoQ basis from $62.3 million in Q1 2026, and up 12.27% year-over-year from $55.2 million in Q2 2025.
Analysis
Primoris Services (PRIM) Work In Process (2017 - 2026) Analysis & Trends
Primoris Services has reported Work In Process for 10 years, with the latest figure at $62.0 million in Q2 2026.
- On a quarterly basis, Work In Process rose 12.27% year-over-year to $62.0 million in Q2 2026; TTM through Jun 2026 was $62.0 million, a 12.27% increase from a year earlier, with the FY2025 full-year figure at $56.0 million, up 14.29% from the prior year.
- Work In Process was $62.0 million for Q2 2026 at Primoris Services, roughly flat from $62.3 million in the prior quarter.
- The five-year high for Work In Process was $62.3 million in Q1 2026, with the low at $17.8 million in Q1 2022.
- Average Work In Process over 5 years is $41.7 million, with a median of $45.2 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Work In Process decreased 10.39% in 2022, then jumped 154.69% in 2023.
- Over 5 years, Work In Process stood at $21.6 million in 2022, then surged by 84.1% to $39.7 million in 2023, then increased by 23.43% to $49.0 million in 2024, then gained by 14.29% to $56.0 million in 2025, then advanced by 10.71% to $62.0 million in 2026.
- The last three Work In Process figures came in at $62.0 million (Q2 2026), $62.3 million (Q1 2026), and $56.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 62.00 Mn |
| 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 |