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Operating Income by Segment
Shows operating profit for each business line after operating costs, revealing which segments generate real earnings, how overhead and execution affect returns, and where management should allocate capital or cut costs.Energy’s operating income swung from sustained strength into a sharp collapse in the most recent quarter, matching management’s disclosure that a few underperforming solar projects materially hit margins and delayed revenue; this is the primary near‑term risk to earnings despite guidance for mid/late‑year recovery. Utilities remains the more stable growth engine with improving margins and backlog support. Corporate continues to be a steady drag and may rise given higher interest and SG&A from the Paynecrest financing; watch Energy execution and backlog conversion for upside.
Date | Corporate | Utilities | Energy |
|---|---|---|---|
Jun 30, 2026 | -$24.90M | $54.50M | -$56.40M |
Mar 31, 2026 | -$35.90M | $30.50M | $29.80M |
Dec 31, 2025 | -$27.20M | $43.70M | $61.00M |
Sep 30, 2025 | -$26.73M | $55.16M | $108.57M |
Jun 30, 2025 | -$31.51M | $65.58M | $92.57M |
Mar 31, 2025 | -$26.56M | $18.06M | $78.86M |
Dec 31, 2024 | -$29.55M | $50.51M | $66.64M |
Sep 30, 2024 | -$31.90M | $57.25M | $74.19M |
Jun 30, 2024 | -$33.36M | $34.65M | $84.78M |
Mar 31, 2024 | -$22.54M | $199.00K | $66.58M |