10-K · February 26, 2026
Perimeter Solutions, Inc. reported a strong year with a 16% increase in net sales to $652.9 million and notable operational improvements despite a significant net loss of $206.4 million, primarily due to rising advisory…
Earnings analysis · 10-Q
PRM earnings analysis
Filed May 6, 2026 · Our reading of the company's report
The latest report
Perimeter Solutions reported a significant rebound in Q1 2026, with net sales of $125.1 million, a 74% increase year-over-year, primarily due to growth in its Specialty Products segment. Net income also saw a…
Read full summary
Perimeter Solutions reported a significant rebound in Q1 2026, with net sales of $125.1 million, a 74% increase year-over-year, primarily due to growth in its Specialty Products segment. Net income also saw a substantial increase to $72.9 million, resulting in EPS of $0.44, reflecting improved operational efficiency despite rising costs in interest and operating expenses.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.44
- Segment
- Fire Safety
- Segment
- Specialty Products
What stood out
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Strong Revenue Growth
Net sales reached $125.1 million, up 74% from $72.0 million last year.
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Improved EPS
Diluted EPS increased to $0.44 from $0.36 in the prior year.
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Increased Segment EBITDA
Segment Adjusted EBITDA for Fire Safety increased to $18.7 million, up 85% year-over-year.
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Acquisition Contributions
Specialty Products segment increased $44.7 million in revenue, largely driven by new acquisitions.
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Higher Net Income
Net income rose to $72.9 million from $56.7 million year-over-year, a 29% increase.
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Positive Cash Flow from Financing
Cash from financing activities rose to $542.8 million compared to a usage of $8.4 million last year.
What to watch
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High Interest Expense
Net interest expense surged to $24.4 million, up 153% from $9.6 million, due to increased borrowings.
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Rising Operating Expenses
Operating expenses rose significantly by $27.0 million, driven by acquisition-related costs and increased SG&A.
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Liquidity Concerns
Operating cash flow resulted in a net outflow of $89.0 million, highlighting potential cash management challenges.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · October 30, 2025
Perimeter Solutions (PRM) reported strong Q3 2025 results with notable revenue growth of 9% year-over-year, reaching $315.4 million. The company exceeded earnings expectations with an EPS of $0.82, outperforming the…
10-Q · August 7, 2025
Perimeter Solutions, Inc. reported a significant increase in revenue for Q2 2025, achieving $162.6 million, up 28% year-over-year. Despite improved revenues, the company posted a net loss of $32.2 million, compared to…
10-Q · May 8, 2025
Perimeter Solutions, Inc. reported a strong performance in Q1 2025, with net sales increasing 22% to $72 million compared to the same quarter last year, driven by robust growth in the Fire Safety segment. The company…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.