Primoris Services Conference: Renewables Bookings Strong, But 2026 Revenue Seen Flat to Slightly Down

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0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',a=n._store.getNotifications(),r=n._generatePanelMarkup(o,a),i.innerHTML=r;break;case"error_panel":r=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=r}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(P))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),j=function(){function e(t,n,o){E(this,e);var i=this;i._store=n,i._view=o,i._config=t;var 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e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),M(e._badgeNode,e._config.badge.hideClass)}},{key:"_showIndicator",value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?M(this._indicatorNode,this._config.panel.indicatorClass):I(this._indicatorNode,this._config.panel.indicatorClass))}},{key:"_showBadge",value:function(){var e=this;e._store.getNotifications().newCount?I(e._badgeNode,e._config.badge.hideClass):M(e._badgeNode,e._config.badge.hideClass)}}]),e}(),F={promos:{eligibleBodyClass:"display-push-promos",enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:"Notify Me",notifOnboardMsg:"Get alerts for breaking news and top stories",promoLogo:"https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png",showYahooLogo:!0,subscriptionTopic:"gondor_homerun_news"},badge:{hideClass:"",maxCount:5,selector:""},panel:{emptyPanelMsg:"You have no new 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though the company has not seen cancellations.The company completed roughly 4 GW of solar in both 2024 and 2025 and ramped battery work from ~500 MWh in 2024 to ~2 GWh in 2025, saying about $500 million of work was pulled into 2025, and it plans to expand eBOS manufacturing from ~1.5 GW to add 4.5 GW with a $30 million facility due online in Q4 2026.Renewables are about 40% of company revenue, while growth priorities include natural gas generation (a ~$6 billion funnel with $1.5–2 billion potential early‑year bookings and $150–200 million of potential revenue) and a midstream pipeline funnel grown to ~$3 billion, with bid margins generally in the 10–12% range.Interested in Primoris Services Corporation? Here are five stocks we like better.Executives from Primoris Services (NYSE:PRIM) outlined expectations for its renewables business and discussed growth opportunities across other segments, including natural gas generation, midstream pipeline construction and power delivery, during a company event featuring renewables head Anthony Vorderbruggen, VP of investor relations Blake Holcomb and Chief Accounting Officer Travis Stricker.Vorderbruggen said the company expects 2026 renewables revenue to be “flat to slightly down” compared with 2025, following what he described as a significant pull-forward of work into 2025. He noted that booking opportunities remain “really, really strong,” but that the timing of contract signings could skew bookings toward the back half of the year.→ ASML’s $8B Deal: More Than a Purchase, It's a ProphecyHe said Primoris only counts backlog once contracts are signed, and described a pipeline of verbal awards in the first quarter that could convert into signed contracts in the second and third quarters, and potentially as late as the fourth quarter. He also referenced open commitments and limited notices to proceed (LNTPs) expected to move toward full EPC signings.Asked about market concerns that some banks are pausing activity tied to Section 48E investment tax credits (ITCs), Vorderbruggen said Primoris has not received indications from customers that signings are being paused. He cited one battery storage project executed last year that will apply Section 48 and said the company is working through the administrative requirements with the project owner.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 66,401.31 -107.40 (-0.16%)^GSPC S&P 500 6,368.85 -108.31 (-1.67%)^IXIC NASDAQ Composite 20,948.36 -459.72 (-2.15%)^DJI Dow Jones Industrial Average 45,166.64 -793.47 (-1.73%)ETH-USD Ethereum USD 2,000.61 +14.30 (+0.72%)PortfolioSign in to access your portfolioSign inTop gainersAGX Argan, Inc. 566.62 +155.77 (+37.91%)U Unity Software Inc. 19.45 +2.32 (+13.54%)ADV Advantage Solutions Inc. 25.57 +2.99 (+13.27%)ADMA ADMA Biologics, Inc. 9.25 +0.96 (+11.58%)MEOH Methanex Corporation 65.22 +5.76 (+9.69%)Top losersFLY Firefly Aerospace Inc. 23.71 -3.11 (-11.58%)YOU Clear Secure, Inc. 47.44 -5.96 (-11.16%)ASTS AST SpaceMobile, Inc. 78.67 -9.19 (-10.46%)HNGE Hinge Health, Inc. 36.25 -3.93 (-9.78%)ZETA Zeta Global Holdings Corp. 14.55 -1.53 (-9.51%)Most activeNVDA NVIDIA Corporation 167.52 -3.72 (-2.17%)GRAB Grab Holdings Limited 3.5700 -0.1400 (-3.77%)TSLA Tesla, Inc. 361.83 -10.28 (-2.76%)INTC Intel Corporation 43.13 -0.97 (-2.20%)NU Nu Holdings Ltd. 13.60 -0.42 (-3.00%)Top economic eventsEarnings eventsMy earnings eventsEarnings events