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Perimeter Solutions (PRM)
NYSE:PRM
Earnings Data
Report Date
May 07, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
0.03Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum and financial improvement: consolidated revenue (+16%) and adjusted EBITDA (+18%) growth, improved adjusted EPS (+21%), meaningful segment-level wins, and an active, disciplined M&A program highlighted by the strategic MMT acquisition. Management also emphasized improved contract mix and greater predictability of Fire Safety cash flows. Material negatives centered on operational and safety failures at the Sauget P2S5 facility (causing production disruption, litigation risk, and base-business declines), widened GAAP losses, and higher pro forma leverage and interest expense following the MMT financing. On balance, the company presented more substantive and sustainable positives (organic growth, margin expansion, diversified M&A pipeline, liquidity) than negatives, although the Sauget situation and higher leverage are important near-term risks.Company Guidance
Consolidated Revenue Growth
Consolidated revenue reached $652.9M in 2025, up 16% year-over-year; Q4 revenue was $102.8M, up 19% year-over-year.
Adjusted EBITDA Expansion
Adjusted EBITDA increased 18% to $331.7M for 2025; Q4 adjusted EBITDA rose 9% to $36.0M, reflecting higher structural earnings power.
Adjusted EPS Improvement
Adjusted EPS grew to $1.34 in 2025 from $1.11 a year ago, an increase of ~21% (Q4 adjusted EPS remained $0.13).
Fire Safety Segment: Strong Full-Year Performance and Contract Evolution
Fire Safety full-year revenue was $488.9M (up 12%) and adjusted EBITDA was $290.5M (up 21%). Management highlighted a shift of retardant contracts toward more fixed and recurring structures, reducing sensitivity to fire season volatility and improving predictability.
Specialty Products Growth and Q4 Momentum
Specialty Products revenue was $163.9M, up 31% year-over-year (Q4 revenue $44.6M, up 75%). Full-year adjusted EBITDA rose to $41.2M (+3%); Q4 adjusted EBITDA increased 85% to $10.4M, helped by acquisitions contributing $41.2M of revenue for the year.
Strategic M&A — MMT Acquisition and IMS Product Line Rollouts
Closed MMT acquisition (Jan 2026) for $685M; management estimates MMT would have contributed ~$140M revenue and ~$50M adjusted EBITDA on a 2025 pro forma basis. IMS product-line tuck-ins added $82M in 2025 (including a $40M Q4 deal), with management targeting high-IRR, repeatable product line acquisitions.
Capital Allocation, Liquidity, and Leverage Management
Deployed ~$149M in 2025 across reinvestment, tuck-in M&A and buybacks; repurchased $40.4M of shares in Q1; ended year with $325.9M cash and an undrawn $200M revolver. Reported net debt/adjusted EBITDA of 1.1x at quarter end and pro forma leverage of 3.0x after MMT — below the firm's 4x target.
Improved Cash Tax and CapEx Profile
Q4 cash paid for income taxes was $20.6M vs $43.1M prior year; company expects cash tax rate of 20% or better going forward. Capital expenditures guidance is $30M–$40M annually with Q4 capex of $7M.
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 |
|---|---|---|---|
Oct 30, 2025 | $21.34 | $25.85 | +21.13% |
Aug 07, 2025 | $15.82 | $16.86 | +6.57% |
May 08, 2025 | $10.25 | $11.77 | +14.83% |
Feb 20, 2025 | $11.76 | $10.82 | -7.99% |
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 (PRM) report earnings?
Perimeter Solutions (PRM) is schdueled to report earning on May 07, 2026, Before Open (Confirmed).
What is Perimeter Solutions (PRM) earnings time?
Perimeter Solutions (PRM) earnings time is at May 07, 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 (Q1) is 0.02.