Primoris 2025 profit rises 52% to $274.9 million; Q4 net income falls 4.1%
Primoris Services reported fourth-quarter and full-year 2025 results on February 23, 2026. Full-year revenue and net income rose, but fourth-quarter net income fell 4.1% on higher costs on certain renewables projects and lower storm restoration work. The company expects 2026 GAAP earnings of $5.35 to $5.55 per diluted share and declared a $0.08 quarterly dividend.
Key points
- Full-year 2025 revenue was $7.6 billion, up 19.0%, and net income was $274.9 million, or $5.02 per diluted share, up 52.0%.
- Fourth-quarter 2025 net income was $51.8 million, or $0.95 per diluted share, down 4.1%, while revenue was $1.9 billion, up 6.7%.
- 2026 outlook: EPS of $5.35 to $5.55 per diluted share; adjusted EPS of $5.80 to $6.00.
- Board declared a $0.08 per share cash dividend, with a record date of March 31, 2026, payable on or about April 15, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.