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Perimeter Solutions, Inc. (PRM)

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Perimeter Solutions, Inc. (PRM) reported revenue of $214 million for Q2 FY2026, the quarter ended 30 June 2026, up 31.5% on the same quarter a year earlier. Net income was -$182 million, and diluted earnings per share $-1.11. The figures are the company's own, from the 10-Q it filed with the SEC on 31 July 2026.

Revenue$214 millionup 31.5%
Net income-$182 million
Diluted EPS$-1.11
QuarterQ2 FY2026ended 30 June 2026

Perimeter Solutions (PRM) in brief

Perimeter Solutions (PRM) reported revenue of $653 million for fiscal 2025, the year ended 31 December 2025, up 16.4% on the year before.
Read moreNet loss was $206 million and the diluted loss per share $1.37. Revenue was $561 million in fiscal 2024, $322 million in fiscal 2023, $361 million in fiscal 2022 and $362 million in fiscal 2021. Over the twelve months to 30 June 2026, Perimeter Solutions reported revenue of $757 million and net loss of $340 million. Revenue grew 14.0% a year, compounded, over the five years to fiscal 2025. Perimeter Solutions had 164 million shares outstanding at the latest filed count. At 30 June 2026 it carried $1.2 billion of debt and $83 million of cash. At the close of 27 October 2026 the market cap of Perimeter Solutions was $4.7 billion.

Ratios

From the filings

ROE-33.2%
ROCE-17.2%
Operating margin-50.6%
Net margin-44.9%
FCF margin12.8%
Interest cover-6.03
Debt to equity1.18
Cash conversionn/a
Share count, last 12 months12.2%
Sales CAGR, 3 years21.9%
Profit CAGR, 3 yearsn/a
EPS, TTM-$2.23

At the close of 27 October 2026

Price$28.76
Market cap$4.7 billion
Stock P/En/a
Price to book4.61
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales6.22
52-week high$37.78
52-week low$20.69
Price, 1 year35.7%
Price CAGR, 3 years109.9%
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Perimeter Solutions, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
PRMgreeksoup.ai
Daily prices to 27 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on PRM

Dividendsno dividend in its filings for fiscal 2019 onward
Filings18 in twelve months: 11 current reports (8-K), about 4 results of operations; 3 other events; 3 material agreement; 2 regulation FD disclosure; 1 shareholder vote
Planned insider sales20 Form 144 notices in twelve months, $86.1 million; latest 12 June 2026
Options tapeput/call 0.95 by open interest at the 27 October 2026 close; the straddle prices a 13.7% move to 20 November 2026
13F holders309 funds reported a position for the quarter to 30 June 2026; largest Windacre Partnership LLC
Insider trading28 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest6.9 million shares short, 6.06 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022 †Q2 FY2022 †Q3 FY2022 †Q4 FY2022 *Q1 FY2023 †Q2 FY2023 †Q3 FY2023 †Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue19545.957.810116141.343.976.114359.559.012728886.272.0163315103125214
Cost of revenue86.132.841.372.073.826.133.546.872.838.738.354.010744.343.961.111656.474.395.9
Gross profit10913.116.428.986.715.210.429.369.820.720.773.318141.928.210119946.450.8118
Gross margin56%29%28%29%54%37%24%39%49%35%35%58%63%49%39%62%63%45%41%55%
SG&A15.313.419.219.715.79.58.012.212.715.613.513.918.521.016.316.023.521.823.127.0
Operating income80.4-67039.112.3123-44.812.963.327.2-8.9-74.945.0-35.261.377.8-26.2-87.3-16572.5-203
Operating margin41%-1461%68%12%77%-109%29%83%19%-15%-127%35%-12%71%108%-16%-28%-161%58%-95%
Interest expense8.121.510.512.19.910.010.110.310.410.410.610.610.19.29.69.99.99.724.419.6
Pre-tax income70.6-69327.66.6113-50.23.152.723.1-17.3-86.834.1-44.149.969.2-33.8-97.2-17449.8-221
Tax rate26%n/a-37%-9%30%n/a-203%1%16%n/an/a37%n/a-189%18%n/an/an/a-46%n/a
Net income52.0n/a37.87.278.7-32.09.452.019.3-13.2-82.621.6-89.214456.7-32.2-90.7-14072.9-182
Net margin27%n/a65%7%49%-78%22%68%14%-22%-140%17%-31%167%79%-20%-29%-136%58%-85%
Diluted EPS$0.98n/a$0.22$0.04$0.45-$0.38$0.06$0.31$0.12-$0.09-$0.57$0.14-$0.61$0.90$0.36-$0.22-$0.62-$0.94$0.44-$1.11
Operating cash flow42.939.9-70.9-18.546.23.0-31.6-41.362.710.42.88.6183-6.023.7-2.919918.6-89.0-0.7
Capital expenditure1.64.61.32.72.02.62.51.92.32.81.63.63.96.54.812.85.07.05.812.7
Free cash flow41.335.3-72.2-21.144.10.4-34.1-43.260.47.61.25.0179-12.418.9-15.619411.6-94.8-13.4
Buybacks0.0n/a0.05.02.641.80.926.310.026.814.30.10.00.08.232.20.00.00.00.0
Shares outstanding157m157m163m163m162m157m159m155m153m146m145m145m145m148m149m146m148m149m163m164m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 7 fiscal years and the trailing twelve months

FY2019FY2020FY2021 † ‡FY2022 †FY2023 †FY2024FY2025TTM
Revenue239340362361322561653757
Cost of revenue155178193232194244278343
Gross profit83.9162170129128317375414
Gross margin35.1%47.7%46.8%35.7%39.8%56.5%57.5%54.7%
Selling, general and administrative36.237.756.060.346.566.977.695.4
Operating income-5.871.5-59713094.5-3.8-201-383
Operating margin-2.4%21.0%-164.8%36.1%29.3%-0.7%-30.8%-50.6%
Interest expense51.742.045.442.641.440.539.163.5
Pre-tax income-59.734.7-65097.261.6-46.9-236-443
Income tax-17.710.59.55.5-5.9-41.0-29.9-104
Effective tax raten/a30.2%n/a5.6%-9.6%n/an/an/a
Net income-42.024.2n/a91.867.5-5.9-206-340
Net margin-17.6%7.1%n/a25.5%21.0%-1.1%-31.6%-44.9%
Diluted EPS-$0.79$0.46n/a$0.52$0.41-$0.04-$1.37-$2.23
Filing10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed. ‡ Filed in two parts, up to 8 November 2021 and after it, on the old and the new accounting basis; shown added together, with per-share figures left blank.

Revenue by segment FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Fire Safety22643648974.9%
Specialty Products96.612516425.1%
Fire SafetySpecialty Products
322FY2023561FY2024653FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by product or service FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Revenues from products29146554483.4%
Service And Othern/a96.210816.6%
Other revenues1.20.30.1under 0.1%
Revenues from services30.2n/an/an/a
Revenues from productsService And OtherOther revenuesRevenues from services
322FY2023561FY2024653FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2019FY2020FY2021 † ‡FY2022 †FY2023 †FY2024FY2025TTM
Operating cash flow-0.370.872.3-40.20.2188238128
Capital expenditure8.97.59.88.69.415.529.630.5
Free cash flow-9.263.362.6-48.8-9.217320997.1
Free cash flow margin-3.8%18.6%17.3%-13.5%-2.9%30.8%31.9%12.8%
Cash from investing-25.2-9.5-1,226-10.3-14.9-42.9-107-765
Cash from financing21.0-45.6-761-48.8-64.58.3-9.0579
Depreciation and amortisation58.058.161.465.864.965.774.095.3
Share-based compensation0.00.05.014.61.612.816.617.2
Buybacksn/a0.00.049.364.114.440.40.0
Diluted shares, weighted53m53mn/a175m166m146m150m163m
Shares outstanding at period endn/a53m157m157m146m148m149m164m
Filing10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2019FY2020FY2021 † ‡FY2022 †FY2023 †FY2024FY2025TTM
Funded by
Shareholders' equity2622911,0831,1391,1521,1571,1331,022
Debtn/a6876646656666686691,210
Operating lease liabilitiesn/an/a0.015.514.915.527.936.4
Finance lease liabilitiesn/an/an/a0.05.56.05.75.4
Other liabilitiesn/a160834637476570817971
Total liabilities and equityn/a1,1382,5822,4572,3152,4162,6533,245
Owned
Fixed assetsn/a48.262.258.859.464.885.1109
Goodwill4734821,0411,0311,0361,0351,0651,366
Intangible assetsn/a4741,1011,0379458988991,224
Investmentsn/an/an/a0.05.50.0n/an/a
Cash and equivalents9.822.522612747.319832682.8
Receivablesn/a28.924.326.639.656.064.4158
Inventoryn/a58.8107143146116140203
Other assetsn/a24.120.432.536.747.873.4102
Total assetsn/a1,1382,5822,4572,3152,4162,6533,245
Filing10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a14.0%21.9%24.2%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-1.2%-4.3%-18.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Perimeter Solutions' revenue in fiscal 2025?

Perimeter Solutions (PRM) reported revenue of $653 million for fiscal 2025, the year ended 31 December 2025, up 16.4% on the year before.

How much did Perimeter Solutions earn in fiscal 2025?

Net loss was $206 million for fiscal 2025, and the diluted loss per share $1.37.

What is Perimeter Solutions' market cap?

The market cap of Perimeter Solutions was $4.7 billion at the close of 27 October 2026.

How much debt does Perimeter Solutions have?

At 30 June 2026 Perimeter Solutions carried $1.2 billion of debt and $83 million of cash.

Peers: Chemicals

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Solstice Advanced Materials Inc. SOLS$10.0 billionn/a13.2%n/an/a1.46n/a
Sensient Technologies Corp. SXT$5.6 billion35.5612.5%14.0%8.1%0.611.2%
Balchem Corp. BCPC$5.4 billion31.7812.9%20.7%9.4%0.110.6%
Celanese Corp. CE$5.3 billionn/a-28.2%n/a-2.3%2.880.2%
CSW Industrials, Inc. CSW$4.9 billion41.3011.3%16.5%27.7%0.80n/a
Perimeter Solutions, Inc. PRM$4.7 billionn/a-33.2%-50.6%24.2%1.18n/a
Ingevity Corp. NGVT$2.6 billionn/an/an/an/a25.59n/a
Innospec Inc. IOSP$2.5 billion20.409.0%7.0%2.9%0.001.7%
Chemours Co. CC$2.0 billionn/an/a-1.9%-0.9%n/a2.6%
Olin Corp. OLN$1.9 billionn/a-11.5%-1.6%0.6%1.774.8%
Huntsman Corp. HUN$1.6 billionn/a-6.7%-0.5%0.6%0.785.6%
FMC Corp. FMC$590 millionn/a-168.5%-61.9%-21.3%2.6217.4%
All 38 in Chemicals
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Linde plc LIN$234.4 billion32.8118.5%26.5%6.6%0.721.2%
Air Products & Chemicals, Inc. APD$68.4 billionn/a-0.3%-4.7%4.5%1.272.3%
Nutrien Ltd. NTR *$33.4 billion14.889.0%13.9%3.5%0.423.2%
PPG Industries Inc. PPG$25.2 billion16.2518.6%n/a5.0%0.812.5%
Dow Inc. DOW$24.4 billionn/a-5.5%n/a4.2%1.096.2%
International Flavors & Fragrances Inc. IFF$23.8 billionn/an/a7.6%-11.7%0.411.7%
LyondellBasell Industries N.V. LYB$21.8 billionn/an/an/an/a1.216.1%
DuPont de Nemours, Inc. DD$18.6 billion306.090.4%n/a3.3%0.232.2%
CF Industries Holdings, Inc. CF$18.2 billion8.9336.5%41.1%20.0%0.561.7%
RPM International Inc. RPM$12.5 billion18.2219.8%n/a6.0%0.691.3%
Albemarle Corp. ALB$11.7 billion366.592.2%4.3%18.3%0.181.6%
Solstice Advanced Materials Inc. SOLS$10.0 billionn/a13.2%n/an/a1.46n/a
Element Solutions Inc. ESI$8.5 billion41.207.1%11.7%39.6%0.720.9%
Westlake Corp. WLK$8.5 billionn/a-14.2%-11.0%-4.0%0.583.2%
Newmarket Corp. NEU$8.1 billion18.8423.6%20.0%-1.3%0.471.3%
Eastman Chemical Co. EMN$7.6 billion17.227.3%n/a-4.5%0.865.1%
Axalta Coating Systems Ltd. AXTA$7.4 billion21.3213.8%13.2%-0.9%1.22n/a
Mosaic Co. MOS$6.0 billionn/a-5.6%-1.4%8.8%0.544.7%
Hexcel Corp. HXL$6.0 billion35.3712.9%12.2%7.6%0.710.9%
Sensient Technologies Corp. SXT$5.6 billion35.5612.5%14.0%8.1%0.611.2%
Balchem Corp. BCPC$5.4 billion31.7812.9%20.7%9.4%0.110.6%
Celanese Corp. CE$5.3 billionn/a-28.2%n/a-2.3%2.880.2%
CSW Industrials, Inc. CSW$4.9 billion41.3011.3%16.5%27.7%0.80n/a
Perimeter Solutions, Inc. PRM$4.7 billionn/a-33.2%-50.6%24.2%1.18n/a
Avient Corp. AVNT$3.9 billion22.927.0%9.5%2.4%0.772.6%
Cabot Corp. CBT$3.8 billion20.7911.8%13.6%-4.7%0.792.5%
Scotts Miracle-Gro Co. SMG$3.5 billion51.63n/a11.8%-2.0%n/a4.4%
WD-40 Co. WDFC$2.9 billion35.9430.2%15.8%11.0%0.321.8%
H.B. Fuller Co. FUL$2.7 billion13.809.1%n/a1.5%0.951.9%
Ingevity Corp. NGVT$2.6 billionn/an/an/an/a25.59n/a
Innospec Inc. IOSP$2.5 billion20.409.0%7.0%2.9%0.001.7%
Rogers Corp. ROG$2.4 billion76.622.6%6.4%4.9%0.00n/a
Chemours Co. CC$2.0 billionn/an/a-1.9%-0.9%n/a2.6%
Minerals Technologies Inc. MTX$1.9 billionn/a-4.3%-1.3%4.1%0.620.8%
Olin Corp. OLN$1.9 billionn/a-11.5%-1.6%0.6%1.774.8%
Huntsman Corp. HUN$1.6 billionn/a-6.7%-0.5%0.6%0.785.6%
REX American Resources Corp. REX$1.3 billion10.5317.9%n/a1.3%0.00n/a
FMC Corp. FMC$590 millionn/a-168.5%-61.9%-21.3%2.6217.4%
8 companies share its SEC industry code (Chemicals & Allied Products); the rest are the names nearest in size in its wider industry, Chemicals, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202631 July 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202526 February 2026EDGAR
10-Q30 September 202530 October 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202420 February 2025EDGAR
10-Q30 September 202412 November 2024EDGAR
10-Q30 June 20241 August 2024EDGAR
10-Q31 March 20249 May 2024EDGAR