Perimeter Solutions (NYSE:PRM) Posts Earnings Results

Perimeter Solutions (NYSE:PRM) posted its quarterly earnings results on Friday. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.08), FiscalAI reports. Perimeter Solutions had a positive return on equity of 18.29% and a negative net margin of 26.93%.The company had revenue of $213.81 million during the quarter, compared to analysts’ expectations of $216.89 million.

Here are the key takeaways from Perimeter Solutions’ conference call:

• Strong second-quarter results: Revenue increased 31% year over year to $313.8 million, while adjusted EBITDA rose 16% to $105.6 million; year-to-date adjusted EBITDA was up 34% to $146.7 million.
• Fire Safety earnings are expected to improve in the second half: Management said the 5% federal contract pricing step-down and temporary pause in Defense Logistics Agency foam deliveries weighed on Q2, but deliveries are resuming and CAL FIRE pricing should offset much of the impact, with the new DLA contract ramping into 2027 and 2028.
• Monaco acquisition expands the portfolio: Perimeter paid approximately $120 million for a provider of proprietary fire alarm and mass-notification systems installed at more than 200 U.S. military sites. More than 95% of Monaco’s sales come from its installed base, creating an annuity-like aftermarket stream, while management sees additional growth across military branches and regulated government markets.
• Long-term retardant demand is supported by fleet expansion: Canada is adding four new 4,000-gallon retardant-capable air tankers, while Texas, other U.S. states, and European markets are also expanding aerial firefighting infrastructure, potentially creating meaningful multi-year volume growth.
• PDI remains pressured by the Sauget facility disruption: Production problems at Flexsys’ Illinois plant continued to reduce Specialty Products earnings, although Perimeter expects conditions to improve as capacity is restored and is taking steps to reduce PDI’s reliance on the facility.

Perimeter Solutions Price Performance

NYSE:PRM opened at $30.63 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 3.09 and a quick ratio of 1.61. The company has a 50 day moving average price of $33.94 and a 200-day moving average price of $29.34. Perimeter Solutions has a 1-year low of $15.43 and a 1-year high of $38.17. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of -13.74 and a beta of 1.90.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wall Street Zen downgraded Perimeter Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. CJS Securities initiated coverage on shares of Perimeter Solutions in a research report on Tuesday, June 9th. They set a “market outperform” rating and a $48.00 price target for the company. Morgan Stanley upped their price objective on shares of Perimeter Solutions from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Weiss Ratings upgraded shares of Perimeter Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Finally, Zacks Research cut shares of Perimeter Solutions from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $43.00.

Trending Headlines about Perimeter Solutions

Here are the key news stories impacting Perimeter Solutions this week:

• Positive Sentiment: Perimeter Solutions reported second-quarter adjusted EBITDA of $105.6 million and adjusted net income of $59.6 million. Management said continued execution of its value drivers and recent acquisitions supported the results. Perimeter Solutions Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company acquired Monaco Enterprises, a provider of proprietary life-safety and emergency-management systems for U.S. government facilities. The deal expands Perimeter’s portfolio of mission-critical products and services and could provide another source of future growth. Perimeter Solutions Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: During the earnings call, management discussed the quarter’s operating performance, value-driver initiatives and the impact of recent acquisitions. Investors will likely focus on whether these initiatives can sustain adjusted EBITDA growth and improve overall earnings. Perimeter Solutions Q2 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings were $0.35 per diluted share, below the $0.43 analyst consensus and down from $0.39 a year earlier. Revenue of $213.81 million also missed the $216.89 million estimate, reinforcing concerns about near-term operating performance. Perimeter Solutions Lags Q2 Earnings and Revenue Estimates
• Negative Sentiment: The company recorded a $181.6 million net loss and a $1.11 loss per diluted share, contrasting with its positive adjusted results. The sizable GAAP loss may have amplified investor concerns about earnings quality and the company’s path to consistent profitability. Perimeter Solutions Reports Second Quarter 2026 Financial Results

Insider Activity

In other Perimeter Solutions news, CFO Kyle Sable sold 49,540 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $33.09, for a total transaction of $1,639,278.60. Following the transaction, the chief financial officer owned 49,540 shares in the company, valued at approximately $1,639,278.60. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jeffrey Emery sold 53,537 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $33.45, for a total value of $1,790,812.65. Following the completion of the sale, the insider directly owned 53,537 shares in the company, valued at approximately $1,790,812.65. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 6,385,514 shares of company stock valued at $217,464,393. 13.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Perimeter Solutions

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming acquired a new stake in Perimeter Solutions in the 4th quarter worth about $179,000. CIBC Private Wealth Group LLC boosted its stake in shares of Perimeter Solutions by 416.7% in the third quarter. CIBC Private Wealth Group LLC now owns 7,750 shares of the company’s stock worth $174,000 after acquiring an additional 6,250 shares during the last quarter. Tidal Investments LLC purchased a new stake in shares of Perimeter Solutions during the second quarter worth approximately $144,000. State of Tennessee Department of Treasury acquired a new position in Perimeter Solutions in the 4th quarter valued at $139,000. Finally, Smartleaf Asset Management LLC lifted its holdings in Perimeter Solutions by 29.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,666 shares of the company’s stock valued at $130,000 after purchasing an additional 1,048 shares in the last quarter. 89.93% of the stock is owned by hedge funds and other institutional investors.

Perimeter Solutions Company Profile

Perimeter Solutions Ltd. (NYSE: PRM) is a global specialty chemicals company focused on delivering performance-driven solutions for the oil and gas, coatings, plastics, water treatment and packaging markets. Established as an independent publicly traded company in December 2019 following its spin-off from NewMarket Corporation, Perimeter Solutions has positioned itself as a leading provider of highly engineered chemical products designed to optimize upstream oil recovery, protect infrastructure and enhance the performance of industrial processes.

The company’s core product portfolio spans several key segments.