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Side-by-side financial comparison of Primoris Services Corp (PRIM) and Snowflake Inc. (SNOW). Click either name above to swap in a different company.
Primoris Services Corp is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.5× Snowflake Inc.). Primoris Services Corp runs the higher net margin — 2.8% vs -24.2%, a 27.0% gap on every dollar of revenue. On growth, Snowflake Inc. posted the faster year-over-year revenue change (28.7% vs 6.7%). Primoris Services Corp produced more free cash flow last quarter ($121.1M vs $113.6M). Over the past eight quarters, Snowflake Inc.'s revenue compounded faster (25.1% CAGR vs 14.7%).
Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.
Snowflake Inc. is an American cloud-based data platform company founded in San Mateo, California, and headquartered in Bozeman, Montana. It operates a platform that supports data analysis and simultaneous access to data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
PRIM vs SNOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.2B |
| Net Profit | $51.7M | $-294.0M |
| Gross Margin | 9.4% | 67.8% |
| Operating Margin | 4.2% | -27.2% |
| Net Margin | 2.8% | -24.2% |
| Revenue YoY | 6.7% | 28.7% |
| Net Profit YoY | -4.2% | 9.4% |
| EPS (diluted) | $0.94 | $-0.87 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $2.2B | $1.1B | ||
| Q2 25 | $1.9B | $1.0B | ||
| Q1 25 | $1.6B | $986.8M | ||
| Q4 24 | $1.7B | $942.1M | ||
| Q3 24 | $1.6B | $868.8M | ||
| Q2 24 | $1.6B | $828.7M | ||
| Q1 24 | $1.4B | $774.7M |
| Q4 25 | $51.7M | $-294.0M | ||
| Q3 25 | $94.6M | $-298.0M | ||
| Q2 25 | $84.3M | $-430.1M | ||
| Q1 25 | $44.2M | $-327.5M | ||
| Q4 24 | $54.0M | $-324.3M | ||
| Q3 24 | $58.4M | $-316.9M | ||
| Q2 24 | $49.5M | $-317.0M | ||
| Q1 24 | $18.9M | $-169.4M |
| Q4 25 | 9.4% | 67.8% | ||
| Q3 25 | 10.8% | 67.5% | ||
| Q2 25 | 12.3% | 66.5% | ||
| Q1 25 | 10.4% | 66.2% | ||
| Q4 24 | 10.6% | 65.9% | ||
| Q3 24 | 12.0% | 66.8% | ||
| Q2 24 | 11.9% | 67.1% | ||
| Q1 24 | 9.4% | 68.8% |
| Q4 25 | 4.2% | -27.2% | ||
| Q3 25 | 6.3% | -29.7% | ||
| Q2 25 | 6.7% | -42.9% | ||
| Q1 25 | 4.3% | -39.2% | ||
| Q4 24 | 5.0% | -38.8% | ||
| Q3 24 | 6.0% | -40.9% | ||
| Q2 24 | 5.5% | -42.1% | ||
| Q1 24 | 3.1% | -35.6% |
| Q4 25 | 2.8% | -24.2% | ||
| Q3 25 | 4.3% | -26.0% | ||
| Q2 25 | 4.5% | -41.3% | ||
| Q1 25 | 2.7% | -33.2% | ||
| Q4 24 | 3.1% | -34.4% | ||
| Q3 24 | 3.5% | -36.5% | ||
| Q2 24 | 3.2% | -38.3% | ||
| Q1 24 | 1.3% | -21.9% |
| Q4 25 | $0.94 | $-0.87 | ||
| Q3 25 | $1.73 | $-0.89 | ||
| Q2 25 | $1.54 | $-1.29 | ||
| Q1 25 | $0.81 | $-0.98 | ||
| Q4 24 | $0.98 | $-0.98 | ||
| Q3 24 | $1.07 | $-0.95 | ||
| Q2 24 | $0.91 | $-0.95 | ||
| Q1 24 | $0.35 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $535.5M | $1.9B |
| Total DebtLower is stronger | $469.9M | — |
| Stockholders' EquityBook value | $1.7B | $2.1B |
| Total Assets | $4.4B | $8.2B |
| Debt / EquityLower = less leverage | 0.28× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $535.5M | $1.9B | ||
| Q3 25 | $431.4M | $1.9B | ||
| Q2 25 | $390.3M | $2.2B | ||
| Q1 25 | $351.6M | $2.6B | ||
| Q4 24 | $455.8M | $2.1B | ||
| Q3 24 | $352.7M | $1.3B | ||
| Q2 24 | $207.4M | $1.3B | ||
| Q1 24 | $177.6M | $1.8B |
| Q4 25 | $469.9M | — | ||
| Q3 25 | $486.0M | — | ||
| Q2 25 | $603.1M | — | ||
| Q1 25 | $612.0M | — | ||
| Q4 24 | $734.8M | — | ||
| Q3 24 | $903.7M | — | ||
| Q2 24 | $933.0M | — | ||
| Q1 24 | $951.7M | — |
| Q4 25 | $1.7B | $2.1B | ||
| Q3 25 | $1.6B | $2.4B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.4B | $3.0B | ||
| Q4 24 | $1.4B | $2.9B | ||
| Q3 24 | $1.4B | $4.1B | ||
| Q2 24 | $1.3B | $4.6B | ||
| Q1 24 | $1.2B | $5.2B |
| Q4 25 | $4.4B | $8.2B | ||
| Q3 25 | $4.6B | $8.2B | ||
| Q2 25 | $4.5B | $8.2B | ||
| Q1 25 | $4.2B | $9.0B | ||
| Q4 24 | $4.2B | $8.2B | ||
| Q3 24 | $4.2B | $6.9B | ||
| Q2 24 | $4.0B | $7.3B | ||
| Q1 24 | $4.0B | $8.2B |
| Q4 25 | 0.28× | — | ||
| Q3 25 | 0.30× | — | ||
| Q2 25 | 0.39× | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | 0.52× | — | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.72× | — | ||
| Q1 24 | 0.76× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $142.9M | $137.5M |
| Free Cash FlowOCF − Capex | $121.1M | $113.6M |
| FCF MarginFCF / Revenue | 6.5% | 9.4% |
| Capex IntensityCapex / Revenue | 1.2% | 2.0% |
| Cash ConversionOCF / Net Profit | 2.76× | — |
| TTM Free Cash FlowTrailing 4 quarters | $340.5M | $776.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $142.9M | $137.5M | ||
| Q3 25 | $182.9M | $74.9M | ||
| Q2 25 | $78.5M | $228.4M | ||
| Q1 25 | $66.2M | $432.7M | ||
| Q4 24 | $298.3M | $101.7M | ||
| Q3 24 | $222.5M | $69.9M | ||
| Q2 24 | $16.1M | $355.5M | ||
| Q1 24 | $-28.5M | $344.6M |
| Q4 25 | $121.1M | $113.6M | ||
| Q3 25 | $148.4M | $58.2M | ||
| Q2 25 | $45.3M | $183.4M | ||
| Q1 25 | $25.6M | $421.4M | ||
| Q4 24 | $270.0M | $88.3M | ||
| Q3 24 | $158.8M | $64.8M | ||
| Q2 24 | $-8.1M | $338.9M | ||
| Q1 24 | $-38.9M | $331.5M |
| Q4 25 | 6.5% | 9.4% | ||
| Q3 25 | 6.8% | 5.1% | ||
| Q2 25 | 2.4% | 17.6% | ||
| Q1 25 | 1.6% | 42.7% | ||
| Q4 24 | 15.5% | 9.4% | ||
| Q3 24 | 9.6% | 7.5% | ||
| Q2 24 | -0.5% | 40.9% | ||
| Q1 24 | -2.8% | 42.8% |
| Q4 25 | 1.2% | 2.0% | ||
| Q3 25 | 1.6% | 1.5% | ||
| Q2 25 | 1.8% | 4.3% | ||
| Q1 25 | 2.5% | 1.1% | ||
| Q4 24 | 1.6% | 1.4% | ||
| Q3 24 | 3.9% | 0.6% | ||
| Q2 24 | 1.5% | 2.0% | ||
| Q1 24 | 0.7% | 1.7% |
| Q4 25 | 2.76× | — | ||
| Q3 25 | 1.93× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 1.50× | — | ||
| Q4 24 | 5.53× | — | ||
| Q3 24 | 3.81× | — | ||
| Q2 24 | 0.32× | — | ||
| Q1 24 | -1.50× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
