Perimeter Solutions, Inc.
For the period ended Mar 31, 2026. Filed May 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 6, 2026
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15. Earnings Per Share
- EARNINGS PER SHARE
Basic earnings per share represents income available to common stockholders divided by the weighted average number of Common Stock outstanding during the reported period. Diluted earnings per share is based upon the weighted-average number of shares outstanding during the period plus additional weighted-average potentially dilutive share equivalents during the period when the effect is dilutive.
Basic and diluted weighted average shares outstanding and earnings per share were as follows (in thousands, except share and per share data):
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Net income | $72,936 | $56,686 |
| Weighted-average shares outstanding: | ||
| Weighted average shares used in computing earnings per share, basic | 153,863,650 | 148,556,284 |
| PBNQSO | 6,496,601 | 1,100,229 |
| Founders advisory fees | 4,714,122 | 7,071,183 |
| Weighted average shares used in computing earnings per share, diluted | 165,074,373 | 156,727,696 |
| Basic earnings per share | $0.47 | $0.38 |
| Diluted earnings per share | $0.44 | $0.36 |
The number of anti-dilutive securities not included in the calculation of diluted earnings per share were as follows:
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| PBNQSO | 145,310 | 235,000 |
| Total | 145,310 | 235,000 |
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