---
schema_version: "secwatch.filing_event.v1"
accession: "0001361538-25-000022"
form_type: "8-K"
ticker: "PRIM"
cik: "0001361538"
company_name: "Primoris Services Corp"
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T16:51:37.605402+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Primoris Q1 revenue up 17% to $1.65B; adjusted EPS $0.98 vs $0.47 prior year

## Summary
- Revenue $1,648.1M, up 16.7% YoY; net income $44.2M ($0.81 diluted EPS).
- Adjusted net income $53.5M ($0.98 diluted EPS), up from $25.7M ($0.47).
- Adjusted EBITDA $99.4M, +34.8% YoY; total backlog $11.4B (MSA backlog $5.8B).
- Board authorized $150M share buyback over three years; declared $0.08/share dividend payable July 15, 2025.
- Board appointed lead independent director and committee chairs at April 30 annual meeting.

## SEC filing metadata
- accession: 0001361538-25-000022
- form_type: 8-K
- ticker: PRIM
- cik: 0001361538
- company_name: Primoris Services Corp
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361538/000136153825000022/0001361538-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361538/000136153825000022/prim-20250430x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361538-25-000022
- JSON: https://secwatch.observer/filing/0001361538-25-000022.json
- Plain text: https://secwatch.observer/filing/0001361538-25-000022.txt

## Key facts
- Executive change
  Terry D. McCallister was appointed as Lead Independent Director at Primoris Services Corp.
  - Action: appointed
  - Role: Lead Independent Director
  source text: On April 30, 2025, the Board appointed Terry D. McCallister as Lead Independent Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361538/000136153825000022/0001361538-25-000022-index.htm

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