Perion Network Ltd. (PERI)

Perion Network Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	432.36	498.29	743.16	640.26	478.5	328.06
Revenue Growth (YoY)	-28.29%	-32.95%	16.07%	33.80%	45.86%	25.48%
Cost of Revenue	290.89	332.61	470.8	403	313.22	220.1
Gross Profit	141.47	165.68	272.36	237.25	165.28	107.96
Selling, General & Admin	110.62	107.19	91.4	85.19	76.39	54.9
Research & Development	34.44	36.66	33.88	34.62	35.35	30.88
Operating Expenses	161.29	160.28	139.38	133.65	121.63	95.71
Operating Income	-19.83	5.4	132.98	103.6	43.65	12.25
Interest Expense	-	-	-	-	-0.12	-1.05
Interest & Investment Income	11.76	18.99	20.73	4.99	0.54	0.29
Currency Exchange Gain (Loss)	-1.08	-1.08	-0.57	-0.26	-0.53	-1.54
Other Non Operating Income (Expenses)	-0.65	-0.65	-0.36	-0.23	-0.47	-0.34
EBT Excluding Unusual Items	-9.79	22.66	152.79	108.1	43.07	9.62
Merger & Restructuring Charges	-1.32	-6.9	-	-	-	-
Gain (Loss) on Sale of Investments	1.26	1.26	1.15	-	-	-
Other Unusual Items	-	-1.54	-18.69	3.82	2.25	-
Pretax Income	-9.86	15.48	135.24	111.92	45.32	9.62
Income Tax Expense	1.1	2.87	20.28	14.44	6.61	-0.61
Earnings From Continuing Operations	-10.96	12.61	114.96	97.48	38.71	10.23
Net Income	-10.96	12.61	114.96	97.48	38.71	10.23
Net Income to Common	-10.96	12.61	114.96	97.48	38.71	10.23
Net Income Growth	-	-89.03%	17.94%	151.84%	278.54%	-20.69%
Shares Outstanding (Basic)	43	47	47	45	34	27
Shares Outstanding (Diluted)	43	50	50	48	38	29
Shares Change (YoY)	-13.31%	-1.03%	4.17%	27.07%	31.36%	9.26%
EPS (Basic)	-0.25	0.27	2.44	2.17	1.13	0.38
EPS (Diluted)	-0.25	0.25	2.30	2.03	1.02	0.36
EPS Growth	-	-89.13%	13.30%	99.02%	183.33%	-26.53%
Free Cash Flow	19.64	0.07	154.65	121.06	70.48	21.7
Free Cash Flow Per Share	0.45	0.00	3.09	2.52	1.86	0.75
Gross Margin	32.72%	33.25%	36.65%	37.06%	34.54%	32.91%
Operating Margin	-4.58%	1.08%	17.89%	16.18%	9.12%	3.74%
Profit Margin	-2.53%	2.53%	15.47%	15.22%	8.09%	3.12%
Free Cash Flow Margin	4.54%	0.01%	20.81%	18.91%	14.73%	6.62%
EBITDA	-15.25	10.18	136.99	117.44	52.16	15.54
EBITDA Margin	-3.53%	2.04%	18.43%	18.34%	10.90%	4.74%
D&A For EBITDA	4.57	4.78	4.01	13.84	8.51	3.29
EBIT	-19.83	5.4	132.98	103.6	43.65	12.25
EBIT Margin	-4.58%	1.08%	17.89%	16.18%	9.12%	3.74%
Effective Tax Rate	-	18.52%	14.99%	12.90%	14.59%	-
Revenue as Reported	432.36	498.29	743.16	640.26	478.5	328.06

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q