{"schema_version":"secwatch.filing_event.v1","accession":"0001361538-23-000005","form_type":"8-K","ticker":"PRIM","cik":"0001361538","company_name":"Primoris Services Corp","filed_at":"2023-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.615567+00:00","generated_at":"2026-06-18T23:21:04.753550+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Primoris reports Q4 and FY2022 results: revenue up 26.4% to $4.42B, net income up 14.9% to $133M, record backlog $5.5B","bullets":["Full year 2022 revenue $4,420.6M (+26.4% YoY); net income $133.0M ($2.47 diluted EPS) up 14.9%.","Q4 2022 revenue $1.3B (+50.3% YoY); net income $41.5M ($0.77 diluted EPS) up 40.5%.","Record backlog $5.5B (+37% from year-end 2021), including $1.9B MSA backlog.","Adjusted EBITDA $283.4M for FY2022; Q4 adjusted EBITDA $95.6M (7.2% of revenue).","Board declared $0.06 per share cash dividend, payable April 14, 2023 to holders of record March 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001361538-23-000005","json":"https://secwatch.observer/filing/0001361538-23-000005.json","markdown":"https://secwatch.observer/filing/0001361538-23-000005.md","text":"https://secwatch.observer/filing/0001361538-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361538/000136153823000005/0001361538-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361538/000136153823000005/prim-20230222x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T23:21:04.753550+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"080be7e261991f555c1ff5b0f659322d00643331","claim":"Primoris Services Corp reported the year ended December 31, 2022 results: revenue $4,420.6 million, net income $133.0 million, EPS $2.47 per diluted share. Guidance initiated.","evidence_excerpt":"For the full year 2022, Primoris reported the following highlights (1) : ● Revenue of $4,420.6 million, up $923.0 million, or 26.4 percent, compared to the full year of 2021 driven by strong growth in the Utilities and Energy/Renewables segments, including $516.8 million, or 14.8 percent, revenue growth excluding acquisitions ● Net income of $133.0 million, or $2.47 per diluted share, up 14.9 percent from the full year of 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361538/000136153823000005/0001361538-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$4,420.6 million"},{"label":"Net income","value":"$133.0 million"},{"label":"EPS","value":"$2.47 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"292bfcfda04e667ec6f6bc237b65f39d7de45a16","claim":"Primoris Services Corp reported the fourth quarter ended December 31, 2022 results: revenue $1.3 billion, net income $41.5 million, EPS $0.77 per diluted share. Guidance initiated.","evidence_excerpt":"For the fourth quarter 2022, Primoris reported the following highlights (1) : ● Revenue of $1.3 billion, up $444.7 million, or up 50.3 percent, compared to the fourth quarter of 2021 driven by strong renewables growth, primarily design and construction of utility scale solar facilities, and $227.8 million from acquisitions ● Net income of $41.5 million, or $0.77 per diluted share, up 40.5 percent from the fourth quarter of 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361538/000136153823000005/0001361538-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$1.3 billion"},{"label":"Net income","value":"$41.5 million"},{"label":"EPS","value":"$0.77 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}