Perion Network Ltd. (PERI)

Model N Revenue by Segment

Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Display Advertising	329.48M	335.56M	351.26M	369.15M	394.16M	398.25M	402.21M	389.79M
Display Advertising Growth	-16.41%	-15.74%	-12.67%	-5.30%	5.97%	10.41%	19.31%	22.07%
Search Advertising	100.33M	162.73M	251.65M	316.86M	361.64M	344.88M	316.39M	302.11M
Search Advertising Growth	-72.26%	-52.82%	-20.46%	4.88%	25.51%	23.36%	25.82%	30.41%

Operating Expense Breakdown

Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Traffic Acquisition Costs	238.05M	285.99M	354.76M	408.14M	450.69M	432.94M	411.38M	397.03M
Traffic Acquisition Costs Growth	-47.18%	-33.94%	-13.76%	2.80%	18.13%	16.19%	19.62%	22.59%
Selling and Marketing	69.92M	68.29M	67.04M	63.31M	59.13M	57.99M	59.11M	57.53M
Selling and Marketing Growth	18.26%	17.76%	13.41%	10.05%	2.59%	3.53%	4.29%	0.90%
General and Administrative	38.16M	38.54M	39.09M	37.60M	35.01M	31.80M	29.55M	29.45M
General and Administrative Growth	9.01%	21.19%	32.25%	27.66%	22.81%	15.09%	11.02%	21.16%
Research and Development	35.50M	36.86M	36.94M	36.40M	34.52M	33.07M	33.64M	33.64M
Research and Development Growth	2.83%	11.48%	9.80%	8.19%	2.31%	-3.94%	-2.15%	-4.54%
Depreciation and Amortization	15.37M	16.46M	16.83M	16.66M	15.29M	14.09M	13.93M	14.21M
Depreciation and Amortization Growth	0.52%	16.77%	20.82%	17.21%	9.10%	1.84%	1.73%	19.29%
Change in Fair Value Consideration	-	-	-	-	-	18.69M	16.58M	10.79M

Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.