Filing Flows › Primoris Services (PRIM) › Q3 2026
Primoris Services (PRIM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Primoris Services (PRIM) reported revenue of $2.0B for the third quarter 2026 (Q3 2026), -10% from a year earlier and +16% from the quarter before. Operating margin was 4.9%, net earnings $51.3M (2.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +16% | -10% |
| Gross profit | $205M | +148% | -13% |
| Operating profit | $94.9M | — | -31% |
| Net earnings | $51.3M | — | -46% |
| Operating cash flow | $140M | — | -23% |
| Free cash flow | $98.1M | — | -34% |
What changed
Revenue was $2.0B in Q3 2026, down 10% year over year and up 16% from the previous quarter.
Gross margin was 10.5%, down 0.3 points from Q3 2025. Operating profit was $0.09B, a 4.9% margin (down 1.4 points year over year). Operating expenses grew 11% against a revenue fall of 10%. The fastest-growing cost line was SG&A (+12%). Net earnings were $0.05B, down 46% year over year. The effective tax rate was 36.4%.
Operating cash flow was $0.14B (down 23% year over year), 273% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.04B left free cash flow of $0.10B.
Questions
What was Primoris Services' revenue in the third quarter 2026?
Primoris Services (PRIM) reported revenue of $2.0B for the third quarter 2026 (Q3 2026), -10% from a year earlier and +16% from the quarter before.
Was Primoris Services profitable in the third quarter 2026?
Operating profit was $94.9M (4.9% of revenue) and net earnings $51.3M.
Source: Primoris Services 10-Q on SEC EDGAR.