vs
Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and Perion Network Ltd. (PERI). Click either name above to swap in a different company.
Perion Network Ltd. is the larger business by last-quarter revenue ($368.7M vs $326.2M, roughly 1.1× New Fortress Energy Inc.). Perion Network Ltd. runs the higher net margin — 2.1% vs -259.7%, a 261.7% gap on every dollar of revenue. Perion Network Ltd. produced more free cash flow last quarter ($-2.9M vs $-134.8M). Over the past eight quarters, Perion Network Ltd.'s revenue compounded faster (16.4% CAGR vs -26.8%).
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
Perion Network Ltd. is a publicly traded advertising technology company that provides digital advertising technology solutions to advertisers, agencies, retailers, and publishers. Its core offerings are delivered through Perion One, a unified omnichannel advertising platform designed to support campaign planning, activation, optimisation, and measurement across channels and verticals including connected television (CTV), digital out-of-home (DOOH), display, video advertising, as well as retai...
NFE vs PERI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $368.7M |
| Net Profit | $-847.1M | $7.7M |
| Gross Margin | 35.5% | — |
| Operating Margin | -193.0% | 2.0% |
| Net Margin | -259.7% | 2.1% |
| Revenue YoY | -7.0% | — |
| Net Profit YoY | -277.4% | — |
| EPS (diluted) | $-3.03 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $326.2M | — | ||
| Q3 25 | $240.3M | $368.7M | ||
| Q2 25 | $228.1M | $266.5M | ||
| Q1 25 | $384.9M | $157.8M | ||
| Q4 24 | $350.7M | — | ||
| Q3 24 | $446.0M | $508.9M | ||
| Q2 24 | $291.2M | $323.6M | ||
| Q1 24 | $609.5M | $145.2M |
| Q4 25 | $-847.1M | — | ||
| Q3 25 | $-263.0M | $7.7M | ||
| Q2 25 | $-546.5M | $5.6M | ||
| Q1 25 | $-175.4M | $11.8M | ||
| Q4 24 | $-224.4M | — | ||
| Q3 24 | $9.3M | $78.0M | ||
| Q2 24 | $-88.9M | $45.2M | ||
| Q1 24 | $54.1M | $23.8M |
| Q4 25 | 35.5% | — | ||
| Q3 25 | 18.1% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | 21.4% | — | ||
| Q4 24 | 17.6% | — | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 23.8% | — | ||
| Q1 24 | 62.4% | — |
| Q4 25 | -193.0% | — | ||
| Q3 25 | -37.4% | 2.0% | ||
| Q2 25 | -170.3% | -1.7% | ||
| Q1 25 | -3.3% | 5.4% | ||
| Q4 24 | 65.0% | — | ||
| Q3 24 | 17.8% | 15.1% | ||
| Q2 24 | 12.3% | 13.7% | ||
| Q1 24 | 30.4% | 16.9% |
| Q4 25 | -259.7% | — | ||
| Q3 25 | -109.4% | 2.1% | ||
| Q2 25 | -239.6% | 2.1% | ||
| Q1 25 | -45.6% | 7.5% | ||
| Q4 24 | -64.0% | — | ||
| Q3 24 | 2.1% | 15.3% | ||
| Q2 24 | -30.5% | 14.0% | ||
| Q1 24 | 8.9% | 16.4% |
| Q4 25 | $-3.03 | — | ||
| Q3 25 | $-0.96 | — | ||
| Q2 25 | $-1.99 | — | ||
| Q1 25 | $-0.65 | — | ||
| Q4 24 | $-1.10 | — | ||
| Q3 24 | $0.03 | — | ||
| Q2 24 | $-0.42 | — | ||
| Q1 24 | $0.23 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $226.5M | $156.2M |
| Total DebtLower is stronger | $8.2B | — |
| Stockholders' EquityBook value | $182.6M | $722.9M |
| Total Assets | $10.6B | $915.5M |
| Debt / EquityLower = less leverage | 44.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | — | ||
| Q3 25 | $145.2M | $156.2M | ||
| Q2 25 | $551.1M | $156.2M | ||
| Q1 25 | $447.9M | $156.2M | ||
| Q4 24 | $492.9M | — | ||
| Q3 24 | $90.8M | $187.6M | ||
| Q2 24 | $133.0M | $187.6M | ||
| Q1 24 | $143.5M | $187.6M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | — | ||
| Q3 25 | $1.1B | $722.9M | ||
| Q2 25 | $1.3B | $722.9M | ||
| Q1 25 | $1.8B | $722.9M | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.6B | $718.1M | ||
| Q2 24 | $1.6B | $718.1M | ||
| Q1 24 | $1.7B | $718.1M |
| Q4 25 | $10.6B | — | ||
| Q3 25 | $12.0B | $915.5M | ||
| Q2 25 | $12.0B | $915.5M | ||
| Q1 25 | $13.1B | $915.5M | ||
| Q4 24 | $12.9B | — | ||
| Q3 24 | $12.0B | $1.1B | ||
| Q2 24 | $11.4B | $1.1B | ||
| Q1 24 | $10.9B | $1.1B |
| Q4 25 | 44.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.74× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-76.2M | $2.6M |
| Free Cash FlowOCF − Capex | $-134.8M | $-2.9M |
| FCF MarginFCF / Revenue | -41.3% | -0.8% |
| Capex IntensityCapex / Revenue | 18.0% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | — | ||
| Q3 25 | $-171.0M | $2.6M | ||
| Q2 25 | $-329.0M | — | ||
| Q1 25 | $-7.2M | — | ||
| Q4 24 | $445.3M | — | ||
| Q3 24 | $-20.0M | $105.2M | ||
| Q2 24 | $113.9M | — | ||
| Q1 24 | $63.0M | $17.8M |
| Q4 25 | $-134.8M | — | ||
| Q3 25 | $-231.6M | $-2.9M | ||
| Q2 25 | $-726.7M | — | ||
| Q1 25 | $-262.3M | — | ||
| Q4 24 | $-210.3M | — | ||
| Q3 24 | $-367.0M | $104.7M | ||
| Q2 24 | $-493.2M | — | ||
| Q1 24 | $-457.9M | $17.6M |
| Q4 25 | -41.3% | — | ||
| Q3 25 | -96.4% | -0.8% | ||
| Q2 25 | -318.6% | — | ||
| Q1 25 | -68.2% | — | ||
| Q4 24 | -60.0% | — | ||
| Q3 24 | -82.3% | 20.6% | ||
| Q2 24 | -169.3% | — | ||
| Q1 24 | -75.1% | 12.2% |
| Q4 25 | 18.0% | — | ||
| Q3 25 | 25.2% | 1.5% | ||
| Q2 25 | 174.4% | — | ||
| Q1 25 | 66.3% | — | ||
| Q4 24 | 187.0% | — | ||
| Q3 24 | 77.8% | 0.1% | ||
| Q2 24 | 208.4% | — | ||
| Q1 24 | 85.5% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -2.15× | 1.35× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.16× | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFE
Segment breakdown not available.
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
