Perimeter Solutions, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
PRM$30.72-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive (Loss) Income
(in thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net sales | $652,862 | $560,968 | $322,108 |
| Cost of goods sold | 277,712 | 243,882 | 193,813 |
| Gross profit | 375,150 | 317,086 | 128,295 |
| Operating expenses: | |||
| Selling, general and administrative expense | 77,575 | 66,901 | 46,513 |
| Amortization expense | 59,696 | 55,032 | 55,065 |
| Founders advisory fees - related party | 435,163 | 198,308 | (108,481) |
| Intangible impairment | — | — | 40,738 |
| Other operating expense | 3,646 | 612 | 10 |
| Total operating expenses | 576,080 | 320,853 | 33,845 |
| Operating (loss) income | (200,930) | (3,767) | 94,450 |
| Other expense (income): | |||
| Interest expense, net | 39,135 | 40,461 | 41,378 |
| Gain on contingent earn-out | — | — | (7,273) |
| Foreign currency (gain) loss | (3,038) | 2,443 | (1,655) |
| Other (income) expense, net | (780) | 192 | 417 |
| Total other expense, net | 35,317 | 43,096 | 32,867 |
| (Loss) income before income taxes | (236,247) | (46,863) | 61,583 |
| Income tax benefit | 29,881 | 40,958 | 5,903 |
| Net (loss) income | (206,366) | (5,905) | 67,486 |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | 32,862 | (19,522) | 5,761 |
| Total comprehensive (loss) income | $(173,504) | $(25,427) | $73,247 |
| (Loss) earnings per share: | |||
| Basic | $(1.37) | $(0.04) | $0.44 |
| Diluted | $(1.37) | $(0.04) | $0.41 |
| Weighted average number of shares outstanding: | |||
| Basic | 150,370,533 | 145,713,439 | 154,666,717 |
| Diluted | 150,370,533 | 145,713,439 | 166,452,022 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.