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Side-by-side financial comparison of Primoris Services Corp (PRIM) and Synopsys (SNPS). Click either name above to swap in a different company.

Synopsys is the larger business by last-quarter revenue ($2.3B vs $1.9B, roughly 1.2× Primoris Services Corp). Synopsys runs the higher net margin — 19.9% vs 2.8%, a 17.1% gap on every dollar of revenue. On growth, Synopsys posted the faster year-over-year revenue change (50.6% vs 6.7%). Synopsys produced more free cash flow last quarter ($605.2M vs $121.1M). Over the past eight quarters, Synopsys's revenue compounded faster (16.9% 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.

Synopsys, Inc. is an American multinational electronic design automation (EDA) company headquartered in Sunnyvale, California, that focuses on design and verification of silicon chips, electronic system-level design and verification, and reusable components. Synopsys supplies tools and services to the semiconductor design and manufacturing industry.

PRIM vs SNPS — Head-to-Head

Bigger by revenue
SNPS
SNPS
1.2× larger
SNPS
$2.3B
$1.9B
PRIM
Growing faster (revenue YoY)
SNPS
SNPS
+43.9% gap
SNPS
50.6%
6.7%
PRIM
Higher net margin
SNPS
SNPS
17.1% more per $
SNPS
19.9%
2.8%
PRIM
More free cash flow
SNPS
SNPS
$484.1M more FCF
SNPS
$605.2M
$121.1M
PRIM
Faster 2-yr revenue CAGR
SNPS
SNPS
Annualised
SNPS
16.9%
14.7%
PRIM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRIM
PRIM
SNPS
SNPS
Revenue
$1.9B
$2.3B
Net Profit
$51.7M
$448.7M
Gross Margin
9.4%
71.0%
Operating Margin
4.2%
5.4%
Net Margin
2.8%
19.9%
Revenue YoY
6.7%
50.6%
Net Profit YoY
-4.2%
-59.7%
EPS (diluted)
$0.94
$2.44

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.

Revenue
PRIM
PRIM
SNPS
SNPS
Q4 25
$1.9B
$2.3B
Q3 25
$2.2B
$1.7B
Q2 25
$1.9B
$1.6B
Q1 25
$1.6B
$1.5B
Q4 24
$1.7B
$1.5B
Q3 24
$1.6B
$1.5B
Q2 24
$1.6B
$1.5B
Q1 24
$1.4B
$1.6B
Net Profit
PRIM
PRIM
SNPS
SNPS
Q4 25
$51.7M
$448.7M
Q3 25
$94.6M
$242.5M
Q2 25
$84.3M
$345.3M
Q1 25
$44.2M
$295.7M
Q4 24
$54.0M
$1.1B
Q3 24
$58.4M
$408.1M
Q2 24
$49.5M
$292.1M
Q1 24
$18.9M
$449.1M
Gross Margin
PRIM
PRIM
SNPS
SNPS
Q4 25
9.4%
71.0%
Q3 25
10.8%
78.1%
Q2 25
12.3%
80.2%
Q1 25
10.4%
81.4%
Q4 24
10.6%
78.3%
Q3 24
12.0%
80.9%
Q2 24
11.9%
79.4%
Q1 24
9.4%
80.0%
Operating Margin
PRIM
PRIM
SNPS
SNPS
Q4 25
4.2%
5.4%
Q3 25
6.3%
9.5%
Q2 25
6.7%
23.5%
Q1 25
4.3%
17.3%
Q4 24
5.0%
20.3%
Q3 24
6.0%
23.6%
Q2 24
5.5%
22.8%
Q1 24
3.1%
21.8%
Net Margin
PRIM
PRIM
SNPS
SNPS
Q4 25
2.8%
19.9%
Q3 25
4.3%
13.9%
Q2 25
4.5%
21.5%
Q1 25
2.7%
20.3%
Q4 24
3.1%
74.4%
Q3 24
3.5%
26.7%
Q2 24
3.2%
20.1%
Q1 24
1.3%
27.2%
EPS (diluted)
PRIM
PRIM
SNPS
SNPS
Q4 25
$0.94
$2.44
Q3 25
$1.73
$1.50
Q2 25
$1.54
$2.21
Q1 25
$0.81
$1.89
Q4 24
$0.98
$7.13
Q3 24
$1.07
$2.61
Q2 24
$0.91
$1.88
Q1 24
$0.35
$2.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRIM
PRIM
SNPS
SNPS
Cash + ST InvestmentsLiquidity on hand
$535.5M
$3.0B
Total DebtLower is stronger
$469.9M
$13.5B
Stockholders' EquityBook value
$1.7B
$28.3B
Total Assets
$4.4B
$48.2B
Debt / EquityLower = less leverage
0.28×
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRIM
PRIM
SNPS
SNPS
Q4 25
$535.5M
$3.0B
Q3 25
$431.4M
$2.6B
Q2 25
$390.3M
$14.3B
Q1 25
$351.6M
$3.8B
Q4 24
$455.8M
$4.1B
Q3 24
$352.7M
$2.0B
Q2 24
$207.4M
$1.7B
Q1 24
$177.6M
$1.3B
Total Debt
PRIM
PRIM
SNPS
SNPS
Q4 25
$469.9M
$13.5B
Q3 25
$486.0M
$14.3B
Q2 25
$603.1M
$10.1B
Q1 25
$612.0M
Q4 24
$734.8M
Q3 24
$903.7M
Q2 24
$933.0M
Q1 24
$951.7M
Stockholders' Equity
PRIM
PRIM
SNPS
SNPS
Q4 25
$1.7B
$28.3B
Q3 25
$1.6B
$27.6B
Q2 25
$1.5B
$9.9B
Q1 25
$1.4B
$9.3B
Q4 24
$1.4B
$9.0B
Q3 24
$1.4B
$7.7B
Q2 24
$1.3B
$7.2B
Q1 24
$1.2B
$6.7B
Total Assets
PRIM
PRIM
SNPS
SNPS
Q4 25
$4.4B
$48.2B
Q3 25
$4.6B
$48.2B
Q2 25
$4.5B
$23.8B
Q1 25
$4.2B
$13.0B
Q4 24
$4.2B
$13.1B
Q3 24
$4.2B
$11.6B
Q2 24
$4.0B
$11.0B
Q1 24
$4.0B
$10.6B
Debt / Equity
PRIM
PRIM
SNPS
SNPS
Q4 25
0.28×
0.48×
Q3 25
0.30×
0.52×
Q2 25
0.39×
1.01×
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
PRIM
PRIM
SNPS
SNPS
Operating Cash FlowLast quarter
$142.9M
$639.7M
Free Cash FlowOCF − Capex
$121.1M
$605.2M
FCF MarginFCF / Revenue
6.5%
26.8%
Capex IntensityCapex / Revenue
1.2%
1.5%
Cash ConversionOCF / Net Profit
2.76×
1.43×
TTM Free Cash FlowTrailing 4 quarters
$340.5M
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRIM
PRIM
SNPS
SNPS
Q4 25
$142.9M
$639.7M
Q3 25
$182.9M
$671.0M
Q2 25
$78.5M
$275.4M
Q1 25
$66.2M
$-67.5M
Q4 24
$298.3M
$562.8M
Q3 24
$222.5M
$455.4M
Q2 24
$16.1M
$476.6M
Q1 24
$-28.5M
$-87.8M
Free Cash Flow
PRIM
PRIM
SNPS
SNPS
Q4 25
$121.1M
$605.2M
Q3 25
$148.4M
$632.4M
Q2 25
$45.3M
$219.8M
Q1 25
$25.6M
$-108.2M
Q4 24
$270.0M
$558.4M
Q3 24
$158.8M
$415.4M
Q2 24
$-8.1M
$438.2M
Q1 24
$-38.9M
$-128.2M
FCF Margin
PRIM
PRIM
SNPS
SNPS
Q4 25
6.5%
26.8%
Q3 25
6.8%
36.3%
Q2 25
2.4%
13.7%
Q1 25
1.6%
-7.4%
Q4 24
15.5%
37.3%
Q3 24
9.6%
27.2%
Q2 24
-0.5%
30.1%
Q1 24
-2.8%
-7.8%
Capex Intensity
PRIM
PRIM
SNPS
SNPS
Q4 25
1.2%
1.5%
Q3 25
1.6%
2.2%
Q2 25
1.8%
3.5%
Q1 25
2.5%
2.8%
Q4 24
1.6%
0.3%
Q3 24
3.9%
2.6%
Q2 24
1.5%
2.6%
Q1 24
0.7%
2.4%
Cash Conversion
PRIM
PRIM
SNPS
SNPS
Q4 25
2.76×
1.43×
Q3 25
1.93×
2.77×
Q2 25
0.93×
0.80×
Q1 25
1.50×
-0.23×
Q4 24
5.53×
0.51×
Q3 24
3.81×
1.12×
Q2 24
0.32×
1.63×
Q1 24
-1.50×
-0.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PRIM
PRIM

Energy Segment$1.2B64%
Unit Price Contracts$473.7M25%
Cost Reimbursable Contracts$121.3M7%
Other$74.9M4%

SNPS
SNPS

License And Maintenance$940.7M42%
Other$640.0M28%
Design IP Segment$407.1M18%
KR$236.9M11%
Sales Based Royalties$30.1M1%

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