Perimeter Solutions, Sa (PRM)
NYSE:PRM
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.43Last Year’s EPS
0.39Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: substantial consolidated revenue (+74% YoY) and adjusted EBITDA growth (+~128%), material contract wins (DLA, CAL FIRE), successful early integration of acquisitions (MMT), and improved earnings predictability and liquidity. The primary negatives are a severe operational failure at the Sauget facility, input-cost/headline supply risks, and elevated debt/interest commitments related to acquisitions. On balance, the positives (growth, contracts, liquidity, margin resilience) outweigh the negatives, though execution risk on integration and remedying Sauget remain important to monitor.Company Guidance
Strong Consolidated Revenue Growth
Net sales of $125.1M in Q1, up 74% year-over-year, driven by organic growth and recent acquisitions (notably MMT).
Material Adjusted EBITDA Improvement
Adjusted EBITDA of $41.2M in Q1, up from $18.1M a year ago (≈+128%), reflecting doubled-plus earnings and improved profitability across segments.
Adjusted and GAAP Earnings Progress
Net income of $72.9M ($0.44 diluted) vs $56.7M ($0.36) prior year (+~29%); adjusted net income $9.0M vs $4.1M prior (+~120%); adjusted EPS $0.06 vs $0.03 (+100%).
Fire Safety Segment Resilience
Fire Safety revenue $45.4M (+22% YoY) and adjusted EBITDA $18.7M (nearly double vs $10.1M prior, +~85%), driven by international retardants (e.g., Australia) and suppressants despite N. American retardant volume headwinds.
Major Contract Wins — DLA and CAL FIRE
Signed a 5-year DLA foam agreement with maximum contract value of $500M (Perimeter expects ~2/3 incremental uplift; financial impact starts late 2026, ~ $50M incremental revenue expected in 2027 above current run rate). Renewed CAL FIRE 5-year contract with a year-1 price step-up to align pricing with other large customers.
Specialty Products & Acquisition Momentum
Specialty Products revenue $79.6M (+128% YoY) and adjusted EBITDA $22.5M (from $8.0M prior, +~181%), driven primarily by contributions from MMT and other recent acquisitions; MMT integration progressing with product launches accelerating from 2 (2025) to 9 (2026).
Improved Earnings Predictability and Contract Structure
Management emphasizes durable, predictable earnings from new contracting structures, diversification (suppressants + international retardants), rising service revenue (Fire Safety service run-rate moved from ~$30M to >$100M) and contractual protections for input-cost pass-throughs.
Healthy Balance Sheet Liquidity and Manageable Leverage
Quarter-end liquidity ~ $92M cash plus a fully undrawn $200M revolving facility; issued $550M 6.25% notes to complement existing debt; net debt / LTM adjusted EBITDA ≈ 3.2x (below target leverage), preserving capacity for M&A.
PRM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $30.18 | $27.41 | -9.18% |
Feb 26, 2026 | $26.37 | $23.50 | -10.88% |
Oct 30, 2025 | $21.34 | $25.85 | +21.13% |
Aug 07, 2025 | $15.82 | $16.86 | +6.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Perimeter Solutions, Sa (PRM) report earnings?
Perimeter Solutions, Sa (PRM) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Perimeter Solutions, Sa (PRM) earnings time?
Perimeter Solutions, Sa (PRM) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRM EPS forecast?
PRM EPS forecast for the fiscal quarter 2026 (Q2) is 0.43.