Primoris Services Corporation (PRIM) — Financial statements
Income statement, balance sheet, and cash flow for Primoris Services Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 7,575↑19.0% | 6,367↑11.4% | 5,715↑29.3% | 4,421↑26.4% | 3,498 | |
| Cost of Revenue | 6,762↑19.4% | 5,664↑10.4% | 5,128↑29.4% | 3,964↑28.7% | 3,081 | |
| Gross Profit | 813↑15.6% | 703↑19.7% | 587↑28.6% | 457↑9.7% | 417 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 399↑4.1% | 383↑16.6% | 329↑16.7% | 282↑22.4% | 230 | |
| Other Expenses | 0.00↓100.0% | 2↓57.0% | 6↑128.4% | -20↓222.1% | 16 | |
| Operating Expenses | 399↑3.5% | 386↑15.4% | 334↑27.9% | 262↑6.1% | 247 | |
| Total Costs & Expenses | 7,161↑18.4% | 6,049↑10.7% | 5,462↑29.3% | 4,225↑27.0% | 3,327 | |
| Operating Results | ||||||
| Operating Income | 414↑30.4% | 317↑25.4% | 253↑29.6% | 195↑14.8% | 170 | |
| Depreciation & Amortization | 92↓3.8% | 96↓10.8% | 107↑8.0% | 99↓6.1% | 106 | |
| EBITDA | 505↑21.4% | 416↑14.6% | 363↑21.9% | 298↑7.9% | 276 | |
| EBIT | 413↑28.9% | 320↑25.2% | 256↑28.9% | 198↑16.5% | 170 | |
| Interest & Other Income | ||||||
| Net Interest Income | -29↑56.1% | -65↑16.4% | -78↓99.4% | -39↓112.0% | -18 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 29↓56.1% | 65↓16.4% | 78↑99.4% | 39↑112.0% | 18 | |
| Non-Operating Income | 1↑143.2% | -3↓0.5% | -3↑12.4% | -3↓1449.0% | -0.20 | |
| Other Income / Expenses | -30↑52.2% | -63↑17.1% | -75↓109.2% | -36↓97.1% | -18 | |
| Income Before Tax | 384↑50.6% | 255↑43.5% | 178↑11.5% | 159↑4.9% | 152 | |
| Income Tax Expense | 109↑47.4% | 74↑43.7% | 52↑96.2% | 26↓27.3% | 36 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 275↑52.0% | 181↑43.4% | 126↓5.2% | 133↑14.9% | 116 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 275↑52.0% | 181↑43.4% | 126↓5.2% | 133↑14.9% | 116 | |
| Bottom-Line Net Income | 275↑52.0% | 181↑43.4% | 126↓5.2% | 133↑14.9% | 116 | |
| EPS (Basic) | 5.09↑51.0% | 3.37↑42.2% | 2.37↓5.2% | 2.50↑14.2% | 2.19 | |
| EPS (Diluted) | 5.02↑51.7% | 3.31↑42.1% | 2.33↓5.7% | 2.47↑13.8% | 2.17 | |
| Weighted Average Shares | 54↑0.7% | 54↑0.6% | 53↑0.2% | 53↑1.0% | 53 | |
| Weighted Average Diluted Shares | 55↑0.4% | 55↑0.7% | 54↑0.9% | 54↑1.1% | 53 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.