Every material Form 8-K Primoris Services filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Primoris reported third-quarter 2026 revenue of $2.0 billion, down 10.4% from a year earlier, and net income of $51.3 million, or $0.95 per diluted share, versus $1.73 in the third quarter of 2025. The decline was mainly due to lower renewables activity in the Energy segment, and the company updated its full-year 2026 guidance while also declaring a dividend and authorizing a $250 million share purchase program.
Q3 2026 revenue was $2.0 billion, down 10.4%; Energy segment revenue fell 17.6%.
Diluted EPS was $0.95 versus $1.73; adjusted diluted EPS was $1.20 versus $1.88.
Full-year 2026 diluted EPS guidance is $1.20 to $1.35; adjusted EPS guidance is $2.10 to $2.25.
Board declared a $0.08 per share dividend payable about January 15, 2027, and authorized a $250 million buyback with no expiration date.
Primoris Services Corporation said its board increased to ten members and appointed James A. Greer and Oscar K. Brown as directors, effective October 1, 2026. Both are energy-industry executives, with Mr. Greer's background in electric delivery operations and Mr. Brown's in energy leadership, finance and governance.
Board size increased to ten members; appointments take effect October 1, 2026
Mr. Greer served as Executive Vice President and Chief Operating Officer of Oncor Electric Delivery Company LLC from October 2011 until his retirement in 2025
Mr. Brown has been President and Chief Executive Officer of Western Midstream Partners, LP since October 2024
Both directors' terms expire at the 2027 annual meeting; no committee assignments have been made yet
Primoris Services reported a second-quarter 2026 net loss of $24.2 million, or $0.45 per diluted share, compared with net income of $84.3 million a year earlier, as revenue fell 10.7% to $1,688.2 million, mainly from lower renewables work in its Energy segment. The company maintained its full-year 2026 outlook and declared an $0.08 per share dividend, but the filing says first-half results fell short of management's expectations.
Q2 2026 revenue was $1,688.2 million, down 10.7% from the prior-year quarter, driven by lower Energy segment revenue.
Net loss was $24.2 million ($0.45 per diluted share) versus net income of $84.3 million in Q2 2025; adjusted EBITDA was $11.4 million versus $154.6 million.
Energy segment gross loss was 0.3% of segment revenue, tied to cost overruns on six renewable energy projects.
Full-year 2026 guidance was maintained, including net income of $71.0 million to $101.0 million; a $0.08 per share dividend is payable October 15, 2026 to holders of record on September 30, 2026.
Primoris lowered its full-year 2026 outlook, citing additional cost overruns and delays on six Renewables projects, and now expects net income of $71.0 million to $101.0 million, down from $223.0 million to $234.0 million. The company also said Chief Operating Officer Jeremy Kinch left on June 22, 2026, with CEO Koti Vadlamudi covering the role during a search, and it reported about $2.0 billion in second-quarter Energy segment awards and about $50 million of share repurchases.
Full-year 2026 net income now expected at $71.0 million to $101.0 million, down from $223.0 million to $234.0 million
Diluted EPS now $1.30 to $1.85 (previously $4.05 to $4.25); Adjusted EBITDA now $275.0 million to $325.0 million (previously $480.0 million to $500.0 million)
Renewables revenue for 2026 expected at about $2.1 billion versus about $3.0 billion in 2025
COO Jeremy Kinch departed June 22, 2026; the company said it was not related to any financial or accounting issue
Primoris reported first-quarter 2026 revenue of $1.6 billion, down 5.4%, and net income of $17.4 million, or $0.32 per diluted share, compared with $0.81 a year earlier. The company cited cost pressures on a limited number of renewables projects and updated its 2026 outlook to include the PayneCrest Electric acquisition, which closed May 1, 2026. The filing also reported director re-elections, a board committee appointment, and a $0.08 per share cash dividend.
Revenue of $1.6 billion, down 5.4% from the first quarter of 2025, mainly due to lower Energy segment revenue
Net income of $17.4 million, or $0.32 per diluted share, versus $44.2 million, or $0.81, a year earlier
Adjusted EBITDA of $60.5 million, down 39.1% from $99.4 million, with renewables project cost pressures cited
2026 outlook: adjusted EPS of $4.80 to $5.00 and Adjusted EBITDA of $480.0 to $500.0 million, updated to include PayneCrest
Primoris Services said director John P. Schauerman will retire from its Board of Directors at the conclusion of the 2026 Annual Meeting, expected April 30, 2026, and that the retirement is not due to any disagreement with the company. The Board intends to shrink to eight members effective at that meeting and does not plan to seek a replacement, a routine governance change with no stated financial effect.
Schauerman informed the company on March 12, 2026 that he will not stand for re-election
Retirement takes effect at the 2026 Annual Meeting, expected April 30, 2026
Board intends to reduce its size to eight members, effective at the Annual Meeting
Schauerman previously served as Chief Financial Officer from February 2008 to February 2009
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.
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.
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