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PRIM Q2 2023 Earnings — Primoris Services Corporation Revenue & Financial Results | Market Cap Arena
PRIM
Primoris Services Corporation
$7B
Q2 2023 Earnings
Industrials
Engineering & Construction
Income Statement
Revenue
$1.4B
+38.2% YoY
Gross Profit
$157M
11.1% margin
Operating Income
$71M
5.0% margin
Net Income
$39M
2.8% margin
EPS (Diluted)
$0.72
QoQ Revenue Growth
+12.4%
Cash Flow
Operating Cash Flow
$35M
Free Cash Flow
$6M
Stock-Based Comp.
$3M
Balance Sheet
Total Assets
$3.7B
Total Liabilities
$2.6B
Stockholders' Equity
$1.1B
Cash & Equivalents
$123M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$1.4B
$1.0B
+38.2%
Gross Profit
$157M
$92M
+70.7%
Operating Income
$71M
$67M
+5.2%
Net Income
$39M
$50M
-22.2%
Revenue Segments
Energy
$773M
55%
Utilities
$640M
45%
← FY 2023
All Quarters
Q3 2023 →