Perimeter Solutions, Inc. is a global manufacturer and supplier specializing in fire suppression products and chemical additives for lubricants. Its operations are ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
Est. EPS $0.94 · Revenue $381.28M · 3 analysts
Est. EPS $0.18 · Revenue $162.47M · 3 analysts
Est. EPS $1.55 · Revenue $881.47M · 3 analysts
Est. EPS $0.13 · Revenue $159.42M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $652.9M | +16.4% | +71.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-206.4M | -3394.8% | -349.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +57.5% | +1.7% | +94.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -30.8% | -4483.2% | -263.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -31.6% | -2902.9% | -245.7% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $208.6M | +20.7% | +86.3% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +31.9% | +3.7% | +92.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 62.4% | +4.2% | +28.9% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 3.22x | -48.9% | -49.2% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $2.7B | +9.8% | +2.5% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -1.37 vs 1.36 | -200.8% | -1.11 vs 0.94 | -218.3% |
| Revenue Surprise | $652.9M vs $642.0M | +1.7% | $213.8M vs $381.3M | -43.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | WINDACRE PARTNERSHIP LLC | 10 percent owner | Ordinary shares | D | 1,875,000 | $33.90 |
| Jun 29, 2026 | WINDACRE PARTNERSHIP LLC | 10 percent owner | Ordinary shares | D | 437,500 | $33.00 |
| Jun 26, 2026 | WINDACRE PARTNERSHIP LLC | 10 percent owner | Ordinary shares | D | 378,600 | $36.22 |
| Jun 26, 2026 | WINDACRE PARTNERSHIP LLC | 10 percent owner | Ordinary shares | D | 150,000 | $34.98 |
| Jun 26, 2026 | WINDACRE PARTNERSHIP LLC | 10 percent owner | Ordinary shares | D | 2,296,400 | $34.40 |
Operator: Greetings. Welcome to Perimeter Solutions Second Quarter 2026 Earnings Call. [Operator Instructions] Please note, this conference is being recorded. I'll now turn the conference over to Seth Barker, Head of Investor Relations. Thank you. You may now begin. Seth Barker: Thank you, operator. Good morning, everyone, and thank you for joining Perimeter Solutions Second Quarter 2026 Earnings Call. Speaking on today's call are Haitham Khouri, Chief Executive Officer; and Kyle Sable, Chief Financial Officer. We want to remind anyone who may be listening to a replay of this call that all statements made are as of today, July 31, 2026, and these statements have not been nor will they be updated subsequent to today's call. Today's call may contain forward-looking statements. These statements made today are based on management's current expectations, assumptions and beliefs about our business and the environment in which we operate, and our actual results may materially differ from those expressed or implied on today's call. Please review our SEC filings, particularly any risk factors included in our filings for a more complete discussion of factors that could impact our results, expectations or assumptions. The company would also like to advise you that during the call, we will be referring to non-GAAP financial measures, including adjusted EBITDA, adjusted EBITDA margin, LTM adjusted EBITDA, adjusted EPS and free cash flow. The reconciliation of and other information regarding non-GAAP financial measures can be found in our earnings press release and presentation, both of which will be available on our website. With that, I will turn the call over to Haitham Khouri, Chief Executive Officer. Haitham Khouri: Thank you, Seth. Good morning, everyone. We're pleased to report second quarter adjusted EBITDA of $105.6 million, up 16% year-over-year and year-to-date adjusted EBITDA of $146.7 million, up 34% year-over-year. We're also excited to announce the acquisition of Monaco Enterprises for approximately $120 million in cash. Monaco designs and manufactures the fire alarm reporting and mass notification networks that are the installed standard on more than 200 U.S. military installations globally, where system compatibility requirements make Monaco the sole compatible supplier of spare parts, upgrades and expansions and support across its installed base. Monaco fits the economic criteria we consistently target in every business we acquire, and we will implement the same operational value driver playbook you've seen across our portfolio. With Monaco's addition, Perimeter now comprises 6 businesses across our 2 reporting segments, 3 in Fire Safety, our retardant business, which carries the Perimeter name; our suppressants business, Solberg; and Monaco, our new fire detection and notification business; and 3 businesses in Specialty Products, PDI, our P2S5-based lubricant additives business; MMT, our medical device manufacturing business; and IMS, our …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Haitham R. Khouri | Chief Executive Officer & Director | USD 1,770,450 | Male | 1981 | Active |
Kyle Sable | Chief Financial Officer & Principal Accounting Officer | USD 942,786 | Male | 1982 | Active |
Jeffrey Emery | President of Fire Safety | USD 707,697 | Male | 1976 | Active |
Noriko Yokozuka | General Counsel, Corporate Secretary, Chief Administrative & Compliance Officer | USD 642,785 | Female | 1977 | Active |
Grant William Bowman | President of Specialty Products | USD 562,880 | Male | 1980 | Active |
Shannon Horn | Business Director of North America Retardant & Services | USD 408,008 | Male | 1975 | Active |
Seth Barker | Head of Investor Relations and Vice President of Financial Planning & Analysis | — | Male | — | Active |
Perimeter Solutions NYSE: PRM reported second-quarter 2026 adjusted EBITDA of $105.6 million, up 16% from a year earlier, as growth in its Specialty Products portfolio and acquisitions helped offset temporary pressures in Fire Safety. The company said adjusted net income increased to $68.6 million from $61.2 million, while adjusted diluted earnings per share was unchanged at $0.41.
Perimeter reported Q2 2026 financial results this morning. Since the military accounts for the majority of its business, Perimeter stock may be intriguing to those seeking exposure to the defense industry.
Perimeter Solutions, Inc. (PRM) Q2 2026 Earnings Call Transcript
The headline numbers for Perimeter Solutions, SA (PRM) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Perimeter Solutions, SA (PRM) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.39 per share a year ago.
