Primerica, Inc. (PRI) Income Statement
PRI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPRI revenue and net income
Where PRI's revenue goes
2025Each bar shows an amount and its share of revenue. PRI kept 23.3% of revenue as net income.
PRI profit margins
PRI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.4% | +6.7% | +7.8% | +8.7% |
| Gross profit | −15.9% | +36.0% | +27.2% | +7.8% |
| Operating income | −5.1% | +10.7% | +14.0% | +18.4% |
| Net income | +59.7% | +16.8% | +14.2% | +14.7% |
| EPS (diluted) | +18.7% | +26.0% | +18.7% | +20.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PRI quarterly EPS vs estimates
Primerica beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $6.39).
PRI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.23B | $3.09B | $2.75B | $2.66B | $2.71B | $2.22B | $2.05B | $1.90B | $1.69B | $1.52B |
| Cost of revenue | $628.5M | $25.0M | $1.65B | $1.62B | $1.65B | $1.44B | $1.31B | $229.6M | $189.3M | $181.6M |
| Gross profit | $2.60B | $3.09B | $1.10B | $1.03B | $1.06B | $780.8M | $743.1M | $1.67B | $1.50B | $1.34B |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 |
| Sales, general & admin | $950.4M | $1.15B | $235.5M | $235.4M | $202.6M | $188.1M | $178.8M | $168.2M | $147.3M | $405.2M |
| Total operating expenses | $1.62B | $2.15B | $331.2M | $314.7M | $412.4M | $274.0M | $266.0M | −$1.45B | −$1.09B | $1.12B |
| Operating income | $974.6M | $1.03B | $771.7M | $718.7M | $643.5M | $506.7M | $477.1M | $444.9M | $408.0M | $219.4M |
| Interest income | $58.0M | $62.7M | $65.7M | $27.2M | $30.6M | $28.8M | $28.8M | $28.8M | $28.5M | $28.7M |
| Interest expense | $24.0M | $25.0M | $26.6M | $27.2M | $30.6M | $28.8M | $28.8M | $28.8M | $28.5M | $28.7M |
| Income before taxes | $974.6M | $939.2M | $771.7M | $718.7M | $643.5M | $506.7M | $477.1M | $416.1M | $379.5M | $337.6M |
| Income taxes | $223.3M | $219.1M | $180.6M | $163.9M | $167.5M | $120.6M | $110.7M | $92.0M | $29.3M | $118.2M |
| Net income | $751.2M | $470.5M | $576.6M | $472.1M | $477.4M | $386.2M | $366.4M | $324.1M | $350.3M | $219.4M |
| EBITDA | $1.02B | $962.6M | $830.3M | $780.1M | $704.0M | $553.3M | $524.2M | $1.62B | $1.48B | $399.8M |
| EPS (diluted) | $22.94 | $19.33 | $16.01 | $11.48 | $11.61 | $9.72 | $8.43 | $7.34 | $5.53 | $4.53 |
| Gross margin | 80.5% | 100.0% | 40.1% | 38.9% | 39.0% | 35.2% | 36.2% | 87.9% | 88.8% | 88.0% |
| Operating margin | 30.2% | 33.2% | 28.1% | 27.0% | 23.7% | 22.9% | 23.2% | 23.4% | 24.2% | 14.4% |
| Net margin | 23.3% | 15.2% | 21.0% | 17.8% | 17.6% | 17.4% | 17.9% | 17.1% | 20.7% | 14.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $865.1M | $856.8M | $838.3M | $839.8M | $793.3M | $804.8M | $788.1M | $774.1M | $791.0M | $736.0M | $726.3M | $697.5M |
| Cost of revenue | $147.3M | $163.9M | $161.3M | $474.9M | $463.0M | $6.0M | $477.5M | $429.8M | $431.6M | $442.3M | $438.1M | $413.6M |
| Gross profit | $717.7M | $692.9M | $677.0M | $364.9M | $330.2M | −$20.7M | $310.6M | $344.3M | $359.4M | $293.6M | $288.2M | $283.9M |
| Sales, general & admin | — | — | $258.0M | $64.1M | $64.4M | $316.2M | $125.8M | $63.5M | $62.7M | $63.1M | $57.4M | $57.8M |
| Total operating expenses | $459.5M | $443.5M | $429.9M | $93.2M | $95.7M | $583.5M | $92.1M | $89.7M | $86.6M | $100.2M | $91.2M | $77.5M |
| Operating income | $258.2M | $249.4M | $247.1M | $271.7M | $234.5M | $221.3M | $218.5M | $254.6M | $272.8M | $193.4M | $197.0M | $206.4M |
| Interest income | $12.9M | $13.2M | $14.3M | $14.5M | $14.6M | $14.7M | $15.3M | $15.9M | $15.7M | $15.8M | $16.1M | $16.3M |
| Interest expense | $5.8M | $5.9M | $6.0M | $20.5M | $20.6M | $6.0M | $6.1M | $6.1M | $6.1M | $6.8M | $6.6M | $6.6M |
| Income before taxes | $258.2M | $249.4M | $247.1M | $271.7M | $234.5M | $221.3M | $218.5M | $254.6M | $272.8M | $193.4M | $197.0M | $206.4M |
| Income taxes | $55.9M | $59.3M | $50.0M | $64.9M | $56.2M | $52.3M | $50.8M | $59.8M | $63.5M | $45.0M | $45.1M | $48.9M |
| Net income | $202.3M | $190.1M | $197.0M | $206.8M | $178.3M | $169.1M | $167.1M | $164.4M | $1.2M | $137.9M | $151.9M | $152.1M |
| EBITDA | $268.1M | $259.1M | $258.0M | $282.0M | $245.7M | $226.1M | $228.9M | $265.3M | $286.2M | $207.3M | $210.8M | $220.4M |
| EPS (diluted) | $6.41 | $5.96 | $6.13 | $6.33 | $5.46 | $5.02 | $5.03 | $5.68 | $4.71 | $3.91 | $4.25 | $4.28 |
| Gross margin | 83.0% | 80.9% | 80.8% | 43.5% | 41.6% | −2.6% | 39.4% | 44.5% | 45.4% | 39.9% | 39.7% | 40.7% |
| Operating margin | 29.8% | 29.1% | 29.5% | 32.4% | 29.6% | 27.5% | 27.7% | 32.9% | 34.5% | 26.3% | 27.1% | 29.6% |
| Net margin | 23.4% | 22.2% | 23.5% | 24.6% | 22.5% | 21.0% | 21.2% | 21.2% | 0.1% | 18.7% | 20.9% | 21.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PRI's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PRI financial results
In fiscal year 2025 (ended December 31, 2025), Primerica reported revenue of $3.2 billion, up 4.4% from the year before. It had net income of $751.2 million (up 59.7%), a net profit margin of 23.3%. Diluted earnings per share came to $22.94. Over five years revenue grew at an average rate of 7.8% a year.
See the PRI stock overview for the latest quote and news, or the PRI chart for price history and technical indicators.
PRI income statement FAQ
What is Primerica's annual revenue?
Primerica reported total revenue of $3.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.4% from $3.1 billion the previous year.
Is Primerica profitable?
Yes. Primerica reported net income of $751.2 million in fiscal 2025, a net profit margin of 23.3%; its operating margin was 30.2%.
What is Primerica's gross margin?
Primerica's gross margin was 80.5% in fiscal 2025: for every $100 of revenue, Primerica kept $81 after the direct cost of its products and services.
How fast is Primerica growing?
Revenue grew 7.8% a year on average over the last five fiscal years, from $2.2 billion to $3.2 billion.
What are Primerica's earnings per share?
Primerica earned $22.94 per diluted share in fiscal 2025, compared with $19.33 a year earlier.
When will Primerica report its next earnings?
Primerica is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Primerica's fiscal year end?
Primerica's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.