Perimeter Solutions, Inc.PRMEarnings & Financial Report
Perimeter 81 is an Israeli cloud and network security company that develops secure remote networks, based on the zero trust architecture, for organizations. Its technology replaces legacy security appliances like VPNs and firewalls.
Revenue
$127.3M
Gross Profit
$73.3M
Operating Profit
$45.0M
Net Profit
$21.6M
Gross Margin
57.6%
Operating Margin
35.4%
Net Margin
17.0%
YoY Growth
67.2%
EPS
$0.14
Perimeter Solutions, Inc. Q2 FY2024 Financial Summary
Perimeter Solutions, Inc. reported revenue of $127.3M (up 67.2% YoY) for Q2 FY2024, with a net profit of $21.6M (down 58.4% YoY) (17.0% margin). Cost of goods sold was $54.0M, operating expenses totaled $28.2M.
Key Financial Metrics
| Total Revenue | $127.3M |
|---|---|
| Net Profit | $21.6M |
| Gross Margin | 57.6% |
| Operating Margin | 35.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Perimeter Solutions, Inc. Q2 FY2024 revenue of $127.3M breaks down across 2 segments, led by Fire Safety Segment at $98.5M (77.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Fire Safety Segment | $98.5M | 77.4% |
| Specialty Products Segment | $28.7M | 22.6% |
Perimeter Solutions, Inc. Annual Revenue by Year
Perimeter Solutions, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $652.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $652.9M |
| 2024 | $561.0M |
| 2023 | $322.1M |
| 2022 | $360.5M |
Perimeter Solutions, Inc. Quarterly Revenue & Net Profit History
Perimeter Solutions, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $102.8M | +19.2% | $-140.2M | -136.5% |
| Q3 FY2025 | $315.4M | +9.4% | $-90.7M | -28.7% |
| Q2 FY2025 | $162.6M | +27.8% | $-32.2M | -19.8% |
| Q1 FY2025 | $72.0M | +22.0% | $56.7M | 78.7% |
| Q4 FY2024 | $86.2M | +45.0% | $144.2M | 167.2% |
| Q3 FY2024 | $288.4M | +102.2% | $-89.2M | -30.9% |
| Q2 FY2024 | $127.3M | +67.2% | $21.6M | 17.0% |
| Q1 FY2024 | $59.0M | +34.6% | $-82.6M | -139.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $59.0M | $127.3M | $288.4M | $86.2M | $72.0M | $162.6M | $315.4M | $102.8M |
| YoY Growth | 34.6% | 67.2% | 102.2% | 45.0% | 22.0% | 27.8% | 9.4% | 19.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.28B | $2.32B | $2.46B | $2.42B | $2.41B | $2.49B | $2.65B | $2.65B |
| Liabilities | $1.23B | $1.25B | $1.46B | $1.26B | $1.19B | $1.31B | $1.53B | $1.52B |
| Equity | $1.05B | $1.08B | $1.00B | $1.16B | $1.22B | $1.18B | $1.11B | $1.13B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.8M | $8.6M | $183.0M | $-6.0M | $23.7M | $-2.9M | $198.7M | $18.6M |