Primoris reported FY 2025 revenue of USD 7.6 billion (+19.0%), net income of USD 274.9 million (+52.0%) and diluted EPS of USD 5.02, with adjusted net income of USD 308.2 million and adjusted EPS of USD 5.62; adjusted EBITDA was USD 531.1 million (+22.0%) and operating cash flow was USD 470.4 million. Total backlog was USD 11.9 billion at year-end 2025, including USD 7.0 billion of MSA backlog; the company said it exceeded USD 3 billion in renewables revenue during 2025. For Q4 2025, Primoris posted revenue of USD 1.9 billion (+6.7%), net income of USD 51.8 million (-4.1%) and diluted EPS of USD 0.95; adjusted net income was USD 59.3 million and adjusted EPS was USD 1.08, while adjusted EBITDA was USD 108.2 million (-7.2%). Q4 operating income was USD 77.5 million and operating margin was 4.2%, as the company cited increased costs on certain renewables projects due to more challenging soil conditions and lower storm restoration work in power delivery; Q4 operating cash flow was USD 142.9 million. Primoris ended 2025 with USD 535.5 million in unrestricted cash and declared a USD 0.08 per share dividend payable around April 15, 2026. For FY 2026, Primoris guided for net income of USD 294.0 million to USD 305.0 million, EPS of USD 5.35 to USD 5.55, adjusted EPS of USD 5.80 to USD 6.00, and adjusted EBITDA of USD 560 million to USD 580 million; it expects net interest expense of about USD 23 million to USD 26 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primoris Services Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202602231615BIZWIRE_USPR_____20260223_BW524431) on February 23, 2026, and is solely responsible for the information contained therein.