Filing Flows › Primoris Services (PRIM) › Q3 2026 › vs Q2 2026
Primoris Services (PRIM) Q3 2026 vs Q2 2026 (quarter over quarter)
Primoris Services's revenue rose $264M (+16%) from $1.7B in Q2 2026 to $2.0B in Q3 2026. Gross margin 10.5% against 4.9% (+5.6 pts).
Primoris Services, Q3 2026: revenue $2.0B (-10% year over year), operating margin 4.9%, net earnings $51.3M, operating cash flow $140M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 10.5% | 4.9% | +5.6 pts |
| Operating margin | 4.9% | -1.6% | +6.4 pts |
| Net margin | 2.6% | -1.4% | +4.1 pts |
| Free cash flow margin | 5.0% | -1.8% | +6.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.0B | $1.7B | $264M | +16% |
| Gross profit | $205M | $82.4M | $122M | +148% |
| Cost of revenue | $1.7B | $1.6B | $142M | +9% |
| Operating profit | $94.9M | −$26.8M | $122M | — |
| Operating expenses | $110M | $109M | $600K | +0.5% |
| Pre-tax earnings | $80.6M | −$36.6M | $117M | — |
| Other expense, net | $14.3M | $9.8M | $4.5M | +46% |
| SG&A | $109M | $106M | $2.7M | +3% |
| Other operating costs | $800K | $2.9M | −$2.1M | -72% |
| Net earnings | $51.3M | −$24.2M | $75.5M | — |
| Income tax | $29.3M | −$12.4M | $41.7M | — |
| Depreciation & amortization | $34.0M | $30.7M | $3.3M | +11% |
| Share-based compensation | $4.7M | $3.2M | $1.5M | +47% |
| Working capital & other | $50.2M | −$18.4M | $68.6M | — |
| Operating cash flow | $140M | −$8.7M | $149M | — |
| Free cash flow (OCF − capex) | $98.1M | −$31.2M | $129M | — |
| Capital expenditures | $42.1M | $22.5M | $19.6M | +87% |
Questions
How much did Primoris Services's revenue grow quarter over quarter in Q3 2026?
Primoris Services's revenue rose $264M (+16%) from $1.7B in Q2 2026 to $2.0B in Q3 2026. Gross margin 10.5% against 4.9% (+5.6 pts).