)

Primoris Services (PRIM) investor relations material
Primoris Services Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved record Q2 2025 revenue, operating income, and earnings, driven by strong growth in Energy and Utilities segments and robust demand in data center and power generation markets.
Gross profit margin improved to 12.3% from 11.9% year-over-year, mainly due to Utilities segment performance.
Net income for Q2 2025 was $84.3M ($1.54/diluted share), up 70% year-over-year; adjusted EPS rose to $1.68.
Management raised full-year 2025 EPS, adjusted EPS, and adjusted EBITDA guidance, citing strong execution and end-market demand.
Backlog as of June 30, 2025, was $11.5B, with $5.02B expected to convert in the next 12 months.
Financial highlights
Q2 2025 revenue was $1.89B, up 20.9% year-over-year, with double-digit growth in both segments.
Operating income for Q2 2025 was $126.6M, a 47% increase from Q2 2024.
Adjusted EBITDA for Q2 2025 was $154.8M, up 32% year-over-year.
SG&A expenses for Q2 2025 were $104.6M, 5.5% of revenue, down from 6.4% in Q2 2024.
Net cash from operating activities for the first half of 2025 was $144.6M, a significant improvement from 2024.
Outlook and guidance
Full-year 2025 EPS guidance raised to $4.40–$4.60; adjusted EPS to $4.90–$5.10; adjusted EBITDA to $490M–$510M.
Gross margin targets for both segments set at 10–12% for 2025.
Capital expenditures for the remainder of 2025 projected at $25M–$45M; full-year capex expected at $98.7M–$118.7M.
SG&A expense targeted in the high 5% range of revenue; effective tax rate expected at 29%.
Management expects strong bookings in the back half of 2025, especially in renewables.
Next Primoris Services earnings date

Next Primoris Services earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage