Primoris Services Corp. Q1 2025 10-Q Filing
Ticker: PRIM · Form: 10-Q · Filed: 2025-05-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, reporting
TL;DR
**PRIMORIS SERVICES CORP (PRIM) FILED Q1 2025 10-Q. FINANCIALS DETAILED.**
AI Summary
Primoris Services Corp. reported its first quarter results for the period ending March 31, 2025. The company's filing details its financial position and operational performance, including current assets and liabilities, and interest income/expense. Specific financial figures for the quarter are detailed within the report.
Why It Matters
This filing provides investors and analysts with a detailed look at Primoris Services Corp.'s financial health and operational performance during the first quarter of 2025, influencing investment decisions.
Risk Assessment
Risk Level: medium — As a 10-Q filing, it contains detailed financial information that could reveal positive or negative trends impacting the company's stock.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Marks the end of the financial quarter being reported.)
- 2025-05-06 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Primoris Services Corp. (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250506 (date) — Filing date
- 214-740-5600 (phone_number) — Company business phone number
FAQ
What were Primoris Services Corp.'s total current assets as of March 31, 2025?
The filing indicates 'PrepaidExpenseAndOtherAssetsCurrent' as a component of current assets, but the total figure is not explicitly stated in the provided snippet.
What was the net interest income or expense for Primoris Services Corp. in Q1 2025?
The filing references 'InterestIncomeExpenseNonoperatingNet', suggesting this figure is reported, but the specific amount is not detailed in the provided text.
What is the company's fiscal year end date?
The company's fiscal year ends on December 31.
What is the SEC file number for Primoris Services Corp.?
The SEC file number is 001-34145.
What is the primary business address of Primoris Services Corp.?
The business address is 2300 N. FIELD STREET, SUITE 1900, DALLAS, TX 75201.
From the Filing
0001558370-25-006332.txt : 20250506 0001558370-25-006332.hdr.sgml : 20250506 20250505174321 ACCESSION NUMBER: 0001558370-25-006332 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 82 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Primoris Services Corp CENTRAL INDEX KEY: 0001361538 STANDARD INDUSTRIAL CLASSIFICATION: WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 204743916 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34145 FILM NUMBER: 25914371 BUSINESS ADDRESS: STREET 1: 2300 N. FIELD STREET, SUITE 1900 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-740-5600 MAIL ADDRESS: STREET 1: 2300 N. FIELD STREET, SUITE 1900 CITY: DALLAS STATE: TX ZIP: 75201 FORMER COMPANY: FORMER CONFORMED NAME: Primoris Services CORP DATE OF NAME CHANGE: 20080821 FORMER COMPANY: FORMER CONFORMED NAME: Rhapsody Acquisition Corp. DATE OF NAME CHANGE: 20060503 10-Q 1 prim-20250331x10q.htm 10-Q Primoris Services Corporation_ March 31, 2025 http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#InterestIncomeExpenseNonoperatingNet http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent 0001361538 --12-31 2025 Q1 false http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2024#InterestIncomeExpenseNonoperatingNet http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent 0001361538 us-gaap:ShareBasedPaymentArrangementNonemployeeMember prim:EquityIncentivePlan2013Member 2025-01-01 2025-03-31 0001361538 us-gaap:ShareBasedPaymentArrangementNonemployeeMember prim:EquityIncentivePlan2013Member 2024-01-01 2024-03-31 0001361538 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001361538 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001361538 us-gaap:RetainedEarningsMember 2025-03-31 0001361538 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001361538 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001361538 us-gaap:RetainedEarningsMember 2024-12-31 0001361538 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001361538 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001361538 us-gaap:RetainedEarningsMember 2024-03-31 0001361538 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001361538 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001361538 us-gaap:RetainedEarningsMember 2023-12-31 0001361538 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001361538 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001361538 us-gaap:CommonStockMember 2025-03-31 0001361538 us-gaap:CommonStockMember 2024-12-31 0001361538 us-gaap:CommonStockMember 2024-03-31 0001361538 us-gaap:CommonStockMember 2023-12-31 0001361538 prim:RestrictedAndPerformanceStockUnitsMember 2025-01-01 2025-03-31 0001361538 prim:RestrictedAndPerformanceStockUnitsMember 2024-01-01 2024-03-31 0001361538 srt:MinimumMember 2026-04-01 2025-03-31 0001361538 srt:MaximumMember 2026-04-01 2025-03-31 0001361538 2025-04-01 2025-03-31 0001361538 us-gaap:OperatingSegmentsMember us-gaap:FixedPriceContractMember prim:UAndDSegmentMember 2025-01-01 2025-03-31 0001361538 us-gaap:OperatingSegmentsMember us-gaap:FixedPriceContractMember prim:EnergySegmentMember 2025-01-01 2025-03-31 0001361538 us-gaap:OperatingSegmentsMember prim:UnitPriceContractsMember prim:UAndDSegmentMember 2025-01-01 2025-03-31 0001361538 us-gaap:OperatingSegmentsMember prim:UnitPriceContractsMember prim:EnergySegmentMember 2025-01-01 2025-03-31 0001361538 us-gaap:OperatingSegmentsMember prim:NonMasterServiceAgreementCustomersMember pr