8-K
filed May 5, 2026, 7:59 PM ET
ticker PRIM
CIK 0001361538
earnings
confidence high
sentiment negative
materiality 0.80
Primoris Q1 2026: revenue $1.6B (-5.4% YoY), adj EPS $0.59 ($0.98 prior), acquires PayneCrest Electric
Primoris Services Corp
2026-Q1 EPS reported
$0.32
revenue$1,559,900,000
- Net income $17.4M ($0.32 diluted) down from $44.2M ($0.81) in Q1 2025; adjusted net income $32.2M ($0.59) down from $53.5M ($0.98).
- Revenue $1.6B, down 5.4% YoY from $1.7B; Energy segment decline partially offset by Utilities growth.
- Adjusted EBITDA $60.5M, down 39.1% from $99.4M in Q1 2025.
- Total backlog $11.6B, down $0.3B from Q4 2025; MSA backlog $7.5B.
- Completed acquisition of PayneCrest Electric, Inc. on May 1, 2026.
Machine-readable event card
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- secwatch.filing_event.v1
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- 0001361538-26-000014
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- PRIM
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- 0001361538
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- Primoris Services Corp
- filed_at
- 2026-05-05T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:32.189738+00:00
- generated_at
- 2026-05-14T23:17:50.372463+00:00
- sec_items
- ["2.02", "5.02", "5.07", "8.01", "9.01"]
- event_type
- earnings
- sentiment
- negative
- materiality_score
- 0.8
- calibrated_materiality_score
- 0.8
- confidence
- high
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- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1361538/000136153826000014/0001361538-26-000014-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1361538/000136153826000014/prim-20260430x8k.htm
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