vs
Side-by-side financial comparison of Perion Network Ltd. (PERI) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
Perion Network Ltd. is the larger business by last-quarter revenue ($368.7M vs $334.0M, roughly 1.1× WYNDHAM HOTELS & RESORTS, INC.). Perion Network Ltd. runs the higher net margin — 2.1% vs -18.0%, a 20.0% gap on every dollar of revenue. WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $-2.9M). Over the past eight quarters, Perion Network Ltd.'s revenue compounded faster (16.4% CAGR vs -4.6%).
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...
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
PERI vs WH — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $368.7M | $334.0M |
| Net Profit | $7.7M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | 2.0% | — |
| Net Margin | 2.1% | -18.0% |
| Revenue YoY | — | -76.3% |
| Net Profit YoY | — | -170.6% |
| EPS (diluted) | — | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | — | $334.0M | ||
| Q3 25 | $368.7M | $382.0M | ||
| Q2 25 | $266.5M | $397.0M | ||
| Q1 25 | $157.8M | $316.0M | ||
| Q4 24 | — | $336.0M | ||
| Q3 24 | $508.9M | $396.0M | ||
| Q2 24 | $323.6M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | — | $-60.0M | ||
| Q3 25 | $7.7M | $105.0M | ||
| Q2 25 | $5.6M | $87.0M | ||
| Q1 25 | $11.8M | $61.0M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | $78.0M | $102.0M | ||
| Q2 24 | $45.2M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -11.4% | ||
| Q3 25 | 2.0% | 46.6% | ||
| Q2 25 | -1.7% | 37.8% | ||
| Q1 25 | 5.4% | 35.4% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | 15.1% | 43.2% | ||
| Q2 24 | 13.7% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | — | -18.0% | ||
| Q3 25 | 2.1% | 27.5% | ||
| Q2 25 | 2.1% | 21.9% | ||
| Q1 25 | 7.5% | 19.3% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | 15.3% | 25.8% | ||
| Q2 24 | 14.0% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | — | $-0.77 | ||
| Q3 25 | — | $1.36 | ||
| Q2 25 | — | $1.13 | ||
| Q1 25 | — | $0.78 | ||
| Q4 24 | — | $1.06 | ||
| Q3 24 | — | $1.29 | ||
| Q2 24 | — | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $156.2M | $64.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $722.9M | $468.0M |
| Total Assets | $915.5M | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | — | $64.0M | ||
| Q3 25 | $156.2M | $70.0M | ||
| Q2 25 | $156.2M | $50.0M | ||
| Q1 25 | $156.2M | $48.0M | ||
| Q4 24 | — | $103.0M | ||
| Q3 24 | $187.6M | $72.0M | ||
| Q2 24 | $187.6M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | — | $468.0M | ||
| Q3 25 | $722.9M | $583.0M | ||
| Q2 25 | $722.9M | $570.0M | ||
| Q1 25 | $722.9M | $579.0M | ||
| Q4 24 | — | $650.0M | ||
| Q3 24 | $718.1M | $583.0M | ||
| Q2 24 | $718.1M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | — | $4.2B | ||
| Q3 25 | $915.5M | $4.3B | ||
| Q2 25 | $915.5M | $4.3B | ||
| Q1 25 | $915.5M | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | $1.1B | $4.2B | ||
| Q2 24 | $1.1B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $2.6M | $367.0M |
| Free Cash FlowOCF − Capex | $-2.9M | $168.0M |
| FCF MarginFCF / Revenue | -0.8% | 50.3% |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | 0.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | — | $152.0M | ||
| Q3 25 | $2.6M | $86.0M | ||
| Q2 25 | — | $70.0M | ||
| Q1 25 | — | $59.0M | ||
| Q4 24 | — | $134.0M | ||
| Q3 24 | $105.2M | $79.0M | ||
| Q2 24 | — | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | — | $136.0M | ||
| Q3 25 | $-2.9M | $75.0M | ||
| Q2 25 | — | $58.0M | ||
| Q1 25 | — | $52.0M | ||
| Q4 24 | — | $109.0M | ||
| Q3 24 | $104.7M | $71.0M | ||
| Q2 24 | — | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | -0.8% | 19.6% | ||
| Q2 25 | — | 14.6% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 32.4% | ||
| Q3 24 | 20.6% | 17.9% | ||
| Q2 24 | — | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.8% | ||
| Q3 25 | 1.5% | 2.9% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | 0.1% | 2.0% | ||
| Q2 24 | — | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.34× | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | 1.35× | 0.77× | ||
| Q2 24 | — | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PERI
| Advertising Solutions | $231.4M | 63% |
| Search Advertising | $137.3M | 37% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
