Perimeter Solutions Reports 16% Sales Increase, $206.4M Loss

By Chris Stiles • Thursday, February 26 12:07 • Permanent Link

Perimeter Solutions, Inc. (NYSE: PRM) has reported its financial results for the fourth quarter and full year 2025. The company's net sales for the full year increased by 16% to $652.9 million, with fire safety net sales increasing by 12% to $489.0 million and specialty products net sales increasing by 31% to $163.9 million. However, the company reported a net loss of $206.4 million for the full year, compared to a net loss of $5.9 million in the prior year.

The adjusted net income for the full year was $206.7 million, representing an increase from the previous year. The non-GAAP adjusted earnings per diluted share was $1.34, compared to $1.11 in the prior year. Additionally, the adjusted EBITDA increased by 18% to $331.7 million for the full year, with the fire safety segment's adjusted EBITDA increasing by 21% and the specialty products segment's adjusted EBITDA increasing by 3%.

In the fourth quarter of 2025, net sales increased by 19% to $102.8 million, with specialty products net sales increasing by 75% to $44.7 million. However, the company reported a net loss of $140.2 million for the quarter, compared to a net income of $144.2 million in the prior year quarter. The adjusted EBITDA for the fourth quarter increased by 9% to $36.0 million, with the specialty products segment's adjusted EBITDA increasing by 85%.

The company invested $7.0 million in capital expenditures for the fourth quarter and $29.6 million for the full year. Additionally, Perimeter Solutions acquired certain electro-optical product lines for $40.0 million and medical manufacturing technologies, llc (“mmt”) for $685.0 million.

Perimeter Solutions is a leading provider of industrial products and services, with a focus on superior customer service and value driver-focused operating strategy. The company's dual mandate is to serve customers and create value for stockholders. Following these announcements, the company's shares moved -2.42%, and are now trading at a price of $28.62. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.