The financials
Perimeter Solutions, Inc. by the numbers
Perimeter Solutions, Inc. (PRM) reported revenue of $125M in Q1 2026 (quarter ended March 31, 2026), up 74% from the same quarter a year earlier. That came with a gross margin of 41% and net income of $73M (58% of revenue). For the full year FY2025, revenue was $653M (+16% year on year) and net income −$206M. Its largest product in 2026-Q2 was Service And Other at $35M, 49.9% of the disclosed total, just ahead of Service at 49.9%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $125M | $72M | +74% |
| Gross profit | $51M | $28M | +80% |
| Operating income | $72M | $78M | −6.8% |
| Net income | $73M | $57M | +29% |
| Diluted EPS | $0.44 | $0.36 | +22% |
| Product | Revenue | Share |
|---|---|---|
| Service And Other | $35M | 50% |
| Service | $35M | 50% |
| Product And Service Other | $161K | 0.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $70.3M (+1334%)
Product And Service Other grew +632% year on yearService +10% year on year
Segment Latestquarter on quarteryear on year
- Service And Other$35.1M$35.1MQoQ +1361%year on year +11%+1361%+11%
- Service$35.1M$35.1MQoQ +1375%year on year +10%+1375%+10%
- Product And Service Other$161.0K$161.0KQoQ +31%year on year +632%+31%+632%