Primoris Q3 net income falls 46% to $51.3 million; Q3 revenue drops 10% to $1.95 billion

• Primoris Services’ third-quarter 2026 net income fell 46% year-over-year to $51.3 million.
• Revenue dropped 10% year-over-year to $1.95 billion, primarily due to lower renewables revenue in the Energy segment.
• Total backlog reached a record $14.1 billion at September 30; a new share purchase authorization totaled $250 million.
• Full-year 2026 net income is expected between $65.2 million and $73.2 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: 202611031615BIZWIRE_USPR_____20261103_BW817819) on November 03, 2026, and is solely responsible for the information contained therein.