FY2025 · ended Dec 31, 2025 · Revenue $7.57B, +19.0% YoY · Filed Feb 24, 2026
Primoris Services Corporation (PRIM) files with the SEC under industry code 1623, Water, Sewer, Pipeline, Comm & Power Line Construction. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $7.6 billion and net income of $274.9 million. Free cash flow was $340.5 million. As of Sep 30, 2026 it held $203.5 million in cash and investments and $1.3 billion in total debt.
Revenue (TTM)
$7.06B
-5.4% vs year-ago TTM
Net income (TTM)
$96.30M
-65.3% vs year-ago TTM
Operating cash flow (TTM)
$151.80M
-75.7% vs year-ago TTM
Free cash flow (TTM)
$37.70M
-92.3% vs year-ago TTM
EPS (TTM)
$1.76
-65.1% vs year-ago TTM
Dividend per share (TTM)
$0.32
+0.0% vs year-ago TTM
Shares outstanding
54.06M
+0.6% vs prior year
Net cash
$-1.06B
as of Sep 30, 2026
Operating margin
2.4%
FY 2026
Company profile
- Industry
- Water, Sewer, Pipeline, Comm & Power Line Construction (SIC 1623)
- Listed as
- PRIM (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Dallas, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1361538
- Former names
- Primoris Services CORP (until Nov 4, 2026); Primoris Services Corp (until Nov 4, 2026); Rhapsody Acquisition Corp. (until Aug 15, 2008)
Other Water, Sewer, Pipeline, Comm & Power Line Construction companies
- Mastec Inc MTZ
- Dycom Industries Inc DY
- Myr Group Inc. MYRG
- Preformed Line Products Co PLPC
- ITG, Inc./DE/ ITG
- Rantizo RNTZ
- Energy Services of America CORP ESOA
All 8 Water, Sewer, Pipeline, Comm & Power Line Construction companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $7.6B | $6.4B | $5.7B | $4.4B | $3.5B |
| Operating income | $411.5M | $317.4M | $253.1M | $195.3M | $170.2M |
| Net income | $274.9M | $180.9M | $126.1M | $133.0M | $115.7M |
| Diluted EPS | $5.02 | $3.31 | $2.33 | $2.47 | $2.17 |
| Operating cash flow | $470.4M | $508.3M | $198.5M | $83.3M | $79.7M |
| Free cash flow | $340.5M | $381.8M | $95.5M | -$11.3M | -$54.1M |
| Total assets | $4.4B | $4.2B | $3.8B | $3.5B | $2.5B |
| Total liabilities | $2.7B | $2.8B | $2.6B | $2.4B | $1.6B |
| Stockholders' equity | $1.7B | $1.4B | $1.2B | $1.1B | — |
| Cash and investments | $535.5M | $455.8M | $217.8M | $248.7M | $200.5M |
| Total debt | $950.9M | $1.2B | $1.3B | $1.3B | $821.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K/A |
Amended current report
Officer or director change
|
Nov 3, 2026 | Aug 25, 2026 |
| 8-K |
Current report
Results of operations, Other events
|
Nov 3, 2026 | Oct 30, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 31, 2026 | Aug 25, 2026 |
| 8-K/A |
Amended current report
Results of operations, Other events
|
Aug 6, 2026 | Jul 31, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
All 1000 Primoris Services Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.