Primoris Services Corporation (PRIM)

NYSE: PRIM · Water, Sewer, Pipeline, Comm & Power Line Construction · Dallas, TX · filing with the SEC since 2006

Grade5.9

◀ Past 6.2● Present 5.5▶ Future 5.9

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 24, 2026	Feb 25, 2025	Feb 27, 2024	Feb 28, 2023	Mar 1, 2022	Feb 23, 2021	Feb 25, 2020	Feb 28, 2019	Feb 26, 2018	Feb 28, 2017
Revenue	7,574,900	6,366,800^r	5,715,300^r	4,420,599	3,497,632	3,491,497	3,106,329	2,939,478	2,379,995	1,996,948
Cost of revenue	6,761,800	5,663,600^r	5,127,800^r	3,963,714	3,080,972	3,121,283	2,775,403	2,613,741	2,101,561	1,795,641
Gross profit	813,100	703,200^r	587,500^r	456,885	416,660	370,214	330,926	325,737	278,434	201,307
Selling, general and administrative	399,200	383,300^r	328,700^r	281,577	230,110	202,835	189,129^r	182,006	170,372^r	140,027^r
Operating income	411,500	317,400^r	253,100^r	195,338	170,151	163,949	140,875	130,471	106,288	57,749
Interest expense	·	·	·	·	·	20,299	20,097	18,746	8,146	8,914
Interest and investment income	·	·	·	·	·	376	955	1,753	587	149
Interest income (expense), net	-28,700	-65,300^r	-78,200^r	-39,212	-18,498	-19,923	-19,142	·	·	·
Other income (expense), net	1,300	100^r	1,600^r	2,072	299	1,234	-3,134	-808	484	-315
Income before income taxes	384,000	254,900^r	177,600^r	159,286	151,857	145,639	117,909	113,358	105,283	48,871
Income tax expense	109,100	74,000^r	51,500^r	26,265	36,118	40,656	33,812	25,765	28,433	21,146
Net income including non-controlling interests	274,900	180,900^r	126,100^r	133,021	115,739	104,983	84,097	87,593	76,850	27,725
Net income to non-controlling interests	·	·	·	·	128	9	1,770	10,132	4,496	1,002
Net income	274,900	180,900^r	126,100^r	133,021	115,739^r	104,983^r	82,327	77,461	72,354	26,723
Net income to common shareholders	·	·	·	·	·	·	·	·	·	26,723
Earnings per share, basic	5.09	3.37	2.37	2.50	2.19	2.17	1.62	1.51	1.41	0.52
Earnings per share, diluted	5.02	3.31	2.33	2.47	2.17	2.16	1.61	1.50	1.40	0.51
Weighted average shares, basic	54,000	53,600^r	53,300^r	53,200	52,674	48,303	50,784	51,350	51,481	51,762
Weighted average shares, diluted	54,800	54,600^r	54,200^r	53,759	53,161	48,633	51,084	51,670	51,741	51,989

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueServicesNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfServices

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton PRIM · research, not advice