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Side-by-side financial comparison of Perimeter Solutions, Inc. (PRM) and RIGEL PHARMACEUTICALS INC (RIGL). Click either name above to swap in a different company.

Perimeter Solutions, Inc. is the larger business by last-quarter revenue ($102.8M vs $69.8M, roughly 1.5× RIGEL PHARMACEUTICALS INC). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs -136.5%, a 520.5% gap on every dollar of revenue. On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs 19.2%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% CAGR vs 31.9%).

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.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

PRM vs RIGL — Head-to-Head

Bigger by revenue
PRM
PRM
1.5× larger
PRM
$102.8M
$69.8M
RIGL
Growing faster (revenue YoY)
RIGL
RIGL
+2.0% gap
RIGL
21.2%
19.2%
PRM
Higher net margin
RIGL
RIGL
520.5% more per $
RIGL
384.0%
-136.5%
PRM
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
31.9%
PRM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRM
PRM
RIGL
RIGL
Revenue
$102.8M
$69.8M
Net Profit
$-140.2M
$268.1M
Gross Margin
45.2%
91.5%
Operating Margin
-160.7%
33.2%
Net Margin
-136.5%
384.0%
Revenue YoY
19.2%
21.2%
Net Profit YoY
-197.3%
1769.2%
EPS (diluted)
$-0.89
$14.11

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.

Revenue
PRM
PRM
RIGL
RIGL
Q4 25
$102.8M
$69.8M
Q3 25
$315.4M
$69.5M
Q2 25
$162.6M
$101.7M
Q1 25
$72.0M
$53.3M
Q4 24
$86.2M
$57.6M
Q3 24
$288.4M
$55.3M
Q2 24
$127.3M
$36.8M
Q1 24
$59.0M
$29.5M
Net Profit
PRM
PRM
RIGL
RIGL
Q4 25
$-140.2M
$268.1M
Q3 25
$-90.7M
$27.9M
Q2 25
$-32.2M
$59.6M
Q1 25
$56.7M
$11.4M
Q4 24
$144.2M
$14.3M
Q3 24
$-89.2M
$12.4M
Q2 24
$21.6M
$-1.0M
Q1 24
$-82.6M
$-8.2M
Gross Margin
PRM
PRM
RIGL
RIGL
Q4 25
45.2%
91.5%
Q3 25
63.1%
93.2%
Q2 25
62.4%
95.6%
Q1 25
39.1%
91.7%
Q4 24
48.6%
89.9%
Q3 24
62.8%
85.5%
Q2 24
57.6%
92.4%
Q1 24
35.1%
93.1%
Operating Margin
PRM
PRM
RIGL
RIGL
Q4 25
-160.7%
33.2%
Q3 25
-27.7%
40.9%
Q2 25
-16.1%
60.1%
Q1 25
23.9%
Q4 24
71.1%
28.9%
Q3 24
-12.2%
25.4%
Q2 24
35.4%
1.2%
Q1 24
-126.8%
-23.6%
Net Margin
PRM
PRM
RIGL
RIGL
Q4 25
-136.5%
384.0%
Q3 25
-28.7%
40.2%
Q2 25
-19.8%
58.6%
Q1 25
78.7%
21.5%
Q4 24
167.2%
24.9%
Q3 24
-30.9%
22.5%
Q2 24
17.0%
-2.8%
Q1 24
-139.8%
-27.9%
EPS (diluted)
PRM
PRM
RIGL
RIGL
Q4 25
$-0.89
$14.11
Q3 25
$-0.62
$1.46
Q2 25
$-0.22
$3.28
Q1 25
$0.36
$0.63
Q4 24
$1.00
$0.82
Q3 24
$-0.61
$0.70
Q2 24
$0.14
$-0.06
Q1 24
$-0.57
$-0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRM
PRM
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$325.9M
$155.0M
Total DebtLower is stronger
$669.1M
$52.5M
Stockholders' EquityBook value
$1.1B
$391.5M
Total Assets
$2.7B
$513.6M
Debt / EquityLower = less leverage
0.59×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRM
PRM
RIGL
RIGL
Q4 25
$325.9M
$155.0M
Q3 25
$340.6M
$137.1M
Q2 25
$140.7M
$108.4M
Q1 25
$200.1M
$77.1M
Q4 24
$198.5M
$77.3M
Q3 24
$223.1M
$61.1M
Q2 24
$43.2M
$49.1M
Q1 24
$38.7M
$49.5M
Total Debt
PRM
PRM
RIGL
RIGL
Q4 25
$669.1M
$52.5M
Q3 25
$668.8M
$60.0M
Q2 25
$668.4M
$60.0M
Q1 25
$668.1M
$60.0M
Q4 24
$667.8M
$60.0M
Q3 24
$667.4M
$60.0M
Q2 24
$667.1M
$60.0M
Q1 24
$666.8M
$60.0M
Stockholders' Equity
PRM
PRM
RIGL
RIGL
Q4 25
$1.1B
$391.5M
Q3 25
$1.1B
$117.6M
Q2 25
$1.2B
$81.9M
Q1 25
$1.2B
$18.6M
Q4 24
$1.2B
$3.3M
Q3 24
$1.0B
$-14.6M
Q2 24
$1.1B
$-29.9M
Q1 24
$1.1B
$-31.7M
Total Assets
PRM
PRM
RIGL
RIGL
Q4 25
$2.7B
$513.6M
Q3 25
$2.6B
$242.5M
Q2 25
$2.5B
$206.7M
Q1 25
$2.4B
$176.0M
Q4 24
$2.4B
$164.0M
Q3 24
$2.5B
$139.4M
Q2 24
$2.3B
$128.4M
Q1 24
$2.3B
$126.5M
Debt / Equity
PRM
PRM
RIGL
RIGL
Q4 25
0.59×
0.13×
Q3 25
0.60×
0.51×
Q2 25
0.57×
0.73×
Q1 25
0.55×
3.23×
Q4 24
0.58×
18.25×
Q3 24
0.67×
Q2 24
0.62×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRM
PRM
RIGL
RIGL
Operating Cash FlowLast quarter
$18.6M
$22.0M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
11.3%
Capex IntensityCapex / Revenue
6.8%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$208.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRM
PRM
RIGL
RIGL
Q4 25
$18.6M
$22.0M
Q3 25
$198.7M
$24.0M
Q2 25
$-2.9M
$30.5M
Q1 25
$23.7M
$-893.0K
Q4 24
$-6.0M
$14.5M
Q3 24
$183.0M
$21.7M
Q2 24
$8.6M
$302.0K
Q1 24
$2.8M
$-5.0M
Free Cash Flow
PRM
PRM
RIGL
RIGL
Q4 25
$11.6M
Q3 25
$193.6M
Q2 25
$-15.6M
Q1 25
$18.9M
Q4 24
$-12.4M
Q3 24
$179.1M
Q2 24
$5.0M
Q1 24
$1.2M
FCF Margin
PRM
PRM
RIGL
RIGL
Q4 25
11.3%
Q3 25
61.4%
Q2 25
-9.6%
Q1 25
26.3%
Q4 24
-14.4%
Q3 24
62.1%
Q2 24
3.9%
Q1 24
2.1%
Capex Intensity
PRM
PRM
RIGL
RIGL
Q4 25
6.8%
Q3 25
1.6%
Q2 25
7.8%
Q1 25
6.7%
Q4 24
7.5%
Q3 24
1.3%
Q2 24
2.9%
Q1 24
2.6%
Cash Conversion
PRM
PRM
RIGL
RIGL
Q4 25
0.08×
Q3 25
0.86×
Q2 25
0.51×
Q1 25
0.42×
-0.08×
Q4 24
-0.04×
1.01×
Q3 24
1.75×
Q2 24
0.40×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PRM
PRM

Products$87.7M85%
Service And Other$14.8M14%

RIGL
RIGL

Segment breakdown not available.

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