Primoris Services Corp (PRIM) Financial Statements (2026 and earlier)

Company Profile

Business Address 2300 N. FIELD STREET, SUITE 1900
DALLAS, TX 75201
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1623 - Water, Sewer, Pipeline, and Communications and Power Line Construction (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments536456218249201327
Cash and cash equivalent536456218249201327
Receivables723834685663472432
Contract with customer, asset, after allowance for credit loss937774846616424326
Other undisclosed current assets138961361768630
Total current assets:2,3342,1591,8851,7041,1821,115
Noncurrent Assets
Operating lease, right-of-use asset489461361203159207
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization531488476494433 
Intangible asset, including goodwill, after accumulated amortization1,0471,0651,0851,121753276
Goodwill857857858872582215
Intangible asset, excluding goodwill, after accumulated amortization19020822824917161
Deferred income tax assets     12
Other noncurrent assets72221221513
Other undisclosed noncurrent assets      356
Total noncurrent assets:2,0742,0361,9421,8401,361854
TOTAL ASSETS:4,4084,1963,8273,5442,5431,970
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,150974892781451449
Interest and dividends payable✕✕✕✕✕33
Accounts payable744624629535273246
Accrued liabilities405350263246175201
Deferred revenue634617366276240267
Debt617573786748
Other undisclosed current liabilities4433  
Total current liabilities:1,8491,6711,3351,138759764
Noncurrent Liabilities
Long-term debt and lease obligation4096608851,065692407
Long-term debt, excluding current maturities4096608851,065594269
Liabilities, other than long-term debt46945537123210284
Deferred income tax liabilities716460573914
Other liabilities725848446370
Operating lease, liability32633326313198138
Total noncurrent liabilities:8781,1161,2561,297794490
Total liabilities:2,7272,7862,5912,4351,5531,255
Equity
Equity, attributable to parent1,6811,4101,2361,109990715
Common stock  00000
Additional paid in capital29728627626426289
Accumulated other comprehensive income (loss)(2)(4)(1)(3)11
Retained earnings1,3861,128961848727625
Equity, attributable to noncontrolling interest      0
Total equity:1,6811,4101,2361,109990715
TOTAL LIABILITIES AND EQUITY:4,4084,1963,8273,5442,5431,970

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues7,5756,3675,7154,4213,4983,491
Cost of revenue
(Cost of Product and Service Sold)		(6,762)(5,664)(5,128)(3,964)(3,081)(3,121)
Gross profit:813703587457417370
Operating expenses(402)(386)(334)(262)(247)(206)
Operating income:412317253195170164
Nonoperating income133302
Investment income, nonoperating      0
Gain (loss), foreign currency transaction, before tax(0)311(0)0
Other nonoperating income102201
Interest and debt expense      (20)
Income from continuing operations before equity method investments, income taxes:413320256198170146
Other undisclosed loss from continuing operations before income taxes(29)(65)(78)(39)(18) 
Income from continuing operations before income taxes:384255178159152146
Income tax expense(109)(74)(52)(26)(36)(41)
Income from continuing operations:275181126133116105
Income before gain (loss) on sale of properties:✕✕✕✕✕116105
Net income:275181126133116105
Net loss attributable to noncontrolling interest     (0)(0)
Net income available to common stockholders, diluted:275181126133116105

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:275181126133116105
Other undisclosed comprehensive income (loss)     (0)1
Comprehensive income:275181126133115106
Comprehensive loss, net of tax, attributable to noncontrolling interest     (0)(0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3(3)2(3)  
Comprehensive income, net of tax, attributable to parent:278177128130115106

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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