Primoris Services Corporation (PRIM) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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Primoris Services Corporation cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from issuance of debt → financing reconciliation: $411,800,000.00Borrowings under revolving line of credit → financing reconciliation: $160,000,000.00financing reconciliation → Net cash from financing activities: $283,200,000.00financing reconciliation → Payments on revolving line of credit: $160,000,000.00financing reconciliation → Payments on pledged accounts receivable under securitization facility: $62,500,000.00financing reconciliation → Stock purchases: $50,000,000.00financing reconciliation → Other: $5,400,000.00financing reconciliation → Dividends paid: $4,400,000.00financing reconciliation → Payments on long-term debt: $4,200,000.00financing reconciliation → Payments related to tax withholding for stock-based compensation: $2,100,000.00Proceeds from sale of assets → investing reconciliation: $5,400,000.00investing reconciliation → Cash paid for acquisitions, net of cash acquired: $401,400,000.00investing reconciliation → Purchase of property and equipment: $22,500,000.00Net cash used in operating activities → operating reconciliation: $8,700,000.00Contract liabilities → operating reconciliation: $38,000,000.00Depreciation and amortization → operating reconciliation: $30,600,000.00Accounts receivable → operating reconciliation: $11,400,000.00Contract assets → operating reconciliation: $4,800,000.00Stock-based compensation expense → operating reconciliation: $3,200,000.00Other long-term liabilities → operating reconciliation: $1,600,000.00Operating lease assets and liabilities, net → operating reconciliation: $900,000.00Other non-cash items → operating reconciliation: $400,000.00operating reconciliation → Net (loss) income: $24,100,000.00operating reconciliation → Other current assets: $58,100,000.00operating reconciliation → Accrued liabilities: $8,600,000.00operating reconciliation → Accounts payable: $4,500,000.00operating reconciliation → Gain on sale of property and equipment: $4,000,000.00operating reconciliation → Other long-term assets: $300,000.00Net cash used in investing activities → investing reconciliation: $418,500,000.00Exchange-rate effect → Cash sources and uses: $700,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $367,200,000.00Net cash from financing activities → Cash sources and uses: $283,200,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $223,900,000.00Cash sources and uses → Net cash used in investing activities: $418,500,000.00Cash sources and uses → Net cash used in operating activities: $8,700,000.00Depreciation and amortization: $30,600,000.00Depreciation & amortization+$30.60 MStock-based compensation expense: $3,200,000.00Stock-based compensation+$3.20 MOther non-cash items: $400,000.00Other non-cash expenses+$400.00 KGain on sale of property and equipment: -$4,000,000.00PP&E disposal gain & loss−$4.00 MAccounts receivable: $11,400,000.00Receivables, net+$11.40 MOther current assets: -$58,100,000.00Other current assets−$58.10 MAccounts payable: -$4,500,000.00Accounts payable−$4.50 MAccrued liabilities: -$8,600,000.00Accrued liabilities−$8.60 MOther long-term assets: -$300,000.00Other noncurrent assets−$300.00 KContract assets: $4,800,000.00Contract assets+$4.80 MContract liabilities: $38,000,000.00Deferred revenue+$38.00 MOperating lease assets and liabilities, net: $900,000.00Operating lease, net+$900.00 KNet (loss) income: -$24,100,000.00Net (loss) income−$24.10 MOther long-term liabilities: $1,600,000.00Other noncurrent liabilities+$1.60 MNet cash used in operating activities: -$8,700,000.00. Cash required to fund net payments.Operating cash−$8.70 Moperating reconciliation: $99,600,000.00Proceeds from issuance of debt: $411,800,000.00Debt issued+$411.80 MBorrowings under revolving line of credit: $160,000,000.00Credit line borrowings+$160.00 MPayments on revolving line of credit: -$160,000,000.00Credit line repayments−$160.00 MPayments on long-term debt: -$4,200,000.00Long-term debt repaid−$4.20 MPayments on pledged accounts receivable under securitization facility: -$62,500,000.00Securitization repayments−$62.50 MProceeds from pledge of accounts receivable under securitization facility: $0.00Stock purchases: -$50,000,000.00Common stock repurchases−$50.00 MPayments related to tax withholding for stock-based compensation: -$2,100,000.00Stock-award tax withholding−$2.10 MDividends paid: -$4,400,000.00Common dividends paid−$4.40 MOther: -$5,400,000.00Other financing, net−$5.40 MNet cash from financing activities: $283,200,000.00Financing cash+$283.20 Mfinancing reconciliation: $571,800,000.00Cash paid for acquisitions, net of cash acquired: -$401,400,000.00Acquisitions, net of cash−$401.40 MPurchase of property and equipment: -$22,500,000.00PP&E purchases−$22.50 MProceeds from sale of assets: $5,400,000.00PP&E sales+$5.40 MProceeds from repayment of note receivable: $0.00Net cash used in investing activities: -$418,500,000.00. Cash required to fund net payments.Investing cash−$418.50 Minvesting reconciliation: $423,900,000.00Cash sources and uses: $651,100,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $367,200,000.00Beginning cash$367.20 MEnding cash: Cash, cash equivalents, and restricted cash: $223,900,000.00Ending cash$223.90 MExchange-rate effect: $700,000.00FX effect+$700.00 KCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$24.10M + net operating adjustments $15.40M = operating cash −$8.70MFree cash flow−$31.20 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$143.30 MEnding cash − beginning cash
Chart details

Primoris Services Corporation cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
367,200,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 8,700,000 US dollars. Net cash used.
Depreciation and amortization
30,600,000 US dollars
Stock-based compensation expense
3,200,000 US dollars
Other non-cash items
400,000 US dollars
Gain on sale of property and equipment
negative 4,000,000 US dollars
Accounts receivable
11,400,000 US dollars
Other current assets
negative 58,100,000 US dollars
Accounts payable
negative 4,500,000 US dollars
Accrued liabilities
negative 8,600,000 US dollars
Other long-term assets
negative 300,000 US dollars
Contract assets
4,800,000 US dollars
Contract liabilities
38,000,000 US dollars
Operating lease assets and liabilities, net
900,000 US dollars
Net (loss) income
negative 24,100,000 US dollars
Other long-term liabilities
1,600,000 US dollars
Investing activities
negative 418,500,000 US dollars. Net cash used.
Cash paid for acquisitions, net of cash acquired
negative 401,400,000 US dollars
Purchase of property and equipment
negative 22,500,000 US dollars
Proceeds from sale of assets
5,400,000 US dollars
Proceeds from repayment of note receivable
0 US dollars
Financing activities
283,200,000 US dollars. Net cash provided.
Proceeds from issuance of debt
411,800,000 US dollars
Borrowings under revolving line of credit
160,000,000 US dollars
Payments on revolving line of credit
negative 160,000,000 US dollars
Payments on long-term debt
negative 4,200,000 US dollars
Payments on pledged accounts receivable under securitization facility
negative 62,500,000 US dollars
Proceeds from pledge of accounts receivable under securitization facility
0 US dollars
Stock purchases
negative 50,000,000 US dollars
Payments related to tax withholding for stock-based compensation
negative 2,100,000 US dollars
Dividends paid
negative 4,400,000 US dollars
Other
negative 5,400,000 US dollars
Operating adjustment reconciliation
99,600,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
571,800,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
423,900,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
700,000 US dollars
Ending cash on Jun 30, 2026
223,900,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
651,100,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 143,300,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
negative 8,700,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
22,500,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 31,200,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$24.10M + net operating adjustments $15.40M = operating cash −$8.70M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Cash-flow net income is −$24.10 M, derived by subtracting the earlier cumulative period; the income statement reports −$24.20 M for the same period. The $0.10 M difference is rounding: the filing reports each amount rounded to the nearest $0.10 M, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 8,700,000 US dollars minus 22,500,000 US dollars equals negative 31,200,000 US dollars.
  • Cash-flow net income is −$24.10 M, derived by subtracting the earlier cumulative period; the income statement reports −$24.20 M for the same period. The $0.10 M difference is rounding: the filing reports each amount rounded to the nearest $0.10 M, and the quarter is the difference of two rounded year-to-date amounts. Neither amount has been adjusted.
Primoris Services Corporation (PRIM) FY2026 Q2 Statement of Cash Flows Sankey chart
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