---
schema_version: "secwatch.filing_event.v1"
accession: "0001361538-23-000031"
form_type: "8-K"
ticker: "PRIM"
cik: "0001361538"
company_name: "Primoris Services Corp"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T14:11:52.051497+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Primoris Q3 revenue up 19% to $1.53B; net income $48.1M; declares $0.06 dividend

## Summary
- Revenue $1,529.5M (+19.1% YoY) driven by power delivery, renewables, industrial, pipeline.
- Net income $48.1M ($0.89 diluted EPS) vs $43.0M ($0.80) a year ago; adjusted EPS $1.02.
- Backlog $6.7B (+22.2% YoY); MSA backlog $2.1B.
- Board declared $0.06/share cash dividend payable Jan 12, 2024 to holders of record Dec 29, 2023.
- Share purchase program replenished to $25M (expires Dec 31, 2024); $19M remained as of Sep 30.

## SEC filing metadata
- accession: 0001361538-23-000031
- form_type: 8-K
- ticker: PRIM
- cik: 0001361538
- company_name: Primoris Services Corp
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000031/0001361538-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000031/prim-20231102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361538-23-000031
- JSON: https://secwatch.observer/filing/0001361538-23-000031.json
- Plain text: https://secwatch.observer/filing/0001361538-23-000031.txt

## Key facts
- Earnings Releases
  Primoris Services Corp reported the quarter ended September 30, 2023 results: revenue $1,529.5 million, net income $48.1 million, or $0.89 per diluted share, EPS $0.89 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Revenue: $1,529.5 million
  - Net income: $48.1 million, or $0.89 per diluted share
  - EPS: $0.89 per diluted share
  - Result: reported results
  source text: For the third quarter of 2023, Primoris reported the following highlights (1) : ● Revenue of $1,529.5 million, up $245.4 million, or 19.1 percent, compared to the third quarter of 2022 driven by strong growth in power delivery, renewables, industrial and pipeline businesses; ● Net income of $48.1 million, or $0.89 per diluted share, an increase of $5.1 million, or $0.09 per diluted share, from the third quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000031/0001361538-23-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.