Perion Network Ltd. (PERI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 90.37M | 137.14M | 110.46M | 102.98M | 89.34M | 129.58M | 102.2M | 108.69M | 157.82M | 234.23M | 185.31M | 178.47M | 145.15M | 209.67M | 158.62M | 146.66M | 125.31M | 157.97M | 121.03M | 109.68M |
| Revenue Growth % | 1.16% | 5.84% | 8.09% | -5.25% | -43.39% | -44.68% | -44.85% | -39.1% | 8.73% | 11.71% | 16.83% | 21.69% | 15.83% | 32.72% | 31.06% | 33.72% | 39.52% | 33.59% | 45.1% | 81.76% |
| Cost of Goods Sold | 63.01M | 89.53M | 73.29M | 68.41M | 62.02M | 87.17M | 66.1M | 70.23M | 113.66M | 154.48M | 117.79M | 111.07M | 87.43M | 131.44M | 101.17M | 92.82M | 77.59M | 100.66M | 79.87M | 72.39M |
| COGS % of Revenue | 69.72% | 65.29% | 66.35% | 66.43% | 69.42% | 67.27% | 64.68% | 64.62% | 72.02% | 65.95% | 63.56% | 62.24% | 60.24% | 62.69% | 63.78% | 63.29% | 61.91% | 63.72% | 66% | 66% |
| Gross Profit | 27.36M | 47.61M | 37.17M | 34.57M | 27.32M | 42.41M | 36.1M | 38.46M | 44.16M | 79.75M | 67.52M | 67.4M | 57.72M | 78.23M | 57.45M | 53.84M | 47.73M | 57.31M | 41.16M | 37.29M |
| Gross Margin % | 30.28% | 34.71% | 33.65% | 33.57% | 30.58% | 32.73% | 35.32% | 35.38% | 27.98% | 34.05% | 36.44% | 37.76% | 39.76% | 37.31% | 36.22% | 36.71% | 38.09% | 36.28% | 34% | 34% |
| Gross Profit Growth % | 0.15% | 12.27% | 2.96% | -10.11% | -38.13% | -46.83% | -46.53% | -42.94% | -23.49% | 1.94% | 17.53% | 25.19% | 20.93% | 36.5% | 39.59% | 44.37% | 61.67% | 55.29% | 45.72% | 99.85% |
| Operating Expenses | 42.62M | 37.19M | 42.1M | 41.94M | 40.35M | 38.23M | 38.91M | 51.37M | 35.65M | 39.86M | 35.05M | 47.51M | 33.21M | 37.05M | 27.85M | 31.97M | 31.22M | 36.52M | 28.77M | 28.44M |
| OpEx % of Revenue | 47.16% | 27.12% | 38.11% | 40.72% | 45.16% | 29.5% | 38.07% | 47.26% | 22.59% | 17.02% | 18.92% | 26.62% | 22.88% | 17.67% | 17.56% | 21.8% | 24.91% | 23.12% | 23.77% | 25.93% |
| Selling, General & Admin | 30.77M | 28.51M | 28.58M | 28.7M | 27.1M | 23.48M | 27.06M | 28.05M | 25.84M | 25.14M | 21.88M | 21.27M | 21.5M | 24.02M | 16.38M | 20.42M | 19M | 23.68M | 18.22M | 17.51M |
| SG&A % of Revenue | 34.05% | 20.79% | 25.87% | 27.87% | 30.33% | 18.12% | 26.48% | 25.8% | 16.37% | 10.73% | 11.81% | 11.92% | 14.81% | 11.45% | 10.33% | 13.93% | 15.17% | 14.99% | 15.06% | 15.96% |
| Research & Development | 6.95M | 8.68M | 8.58M | 8.95M | 8.45M | 8.46M | 8.27M | 10.11M | 9.81M | 8.71M | 7.76M | 8.24M | 8.35M | 9.29M | 7.77M | 8.34M | 9.03M | 9.24M | 8.63M | 8.93M |
| R&D % of Revenue | 7.69% | 6.33% | 7.77% | 8.69% | 9.46% | 6.53% | 8.09% | 9.3% | 6.22% | 3.72% | 4.19% | 4.61% | 5.75% | 4.43% | 4.9% | 5.68% | 7.21% | 5.85% | 7.13% | 8.14% |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -15.26M | 10.42M | -4.93M | -7.37M | -13.03M | 4.18M | -2.81M | -12.91M | 8.51M | 39.88M | 32.47M | 19.89M | 24.5M | 41.19M | 29.6M | 21.87M | 16.51M | 20.8M | 12.38M | 8.86M |
| Operating Margin % | -16.89% | 7.6% | -4.46% | -7.15% | -14.58% | 3.22% | -2.75% | -11.88% | 5.39% | 17.03% | 17.52% | 11.14% | 16.88% | 19.64% | 18.66% | 14.91% | 13.17% | 13.16% | 10.23% | 8.07% |
| Operating Income Growth % | -17.16% | 149.54% | -75.44% | 42.94% | -253.17% | -89.53% | -108.66% | -164.91% | -65.29% | -3.17% | 9.7% | -9.08% | 48.46% | 98.07% | 139.02% | 146.97% | 327.28% | 108.45% | 226.7% | 452.41% |
| EBITDA | -10.36M | 15.39M | 9K | -3.07M | -9.55M | 7.7M | 769K | -8.14M | 13.06M | 43.78M | 35.89M | 23.29M | 27.86M | 44.93M | 33.3M | 25.08M | 19.69M | 24.39M | 14.3M | 10.86M |
| EBITDA Margin % | -11.47% | 11.22% | 0.01% | -2.98% | -10.69% | 5.94% | 0.75% | -7.49% | 8.28% | 18.69% | 19.37% | 13.05% | 19.2% | 21.43% | 20.99% | 17.1% | 15.71% | 15.44% | 11.82% | 9.9% |
| EBITDA Growth % | -8.46% | 99.91% | -98.83% | 62.24% | -173.15% | -82.41% | -97.86% | -134.93% | -53.12% | -2.55% | 7.78% | -7.13% | 41.51% | 84.19% | 132.8% | 131.02% | 215.56% | 92.81% | 120.57% | 4243.51% |
| D&A (Non-Cash Add-back) | 4.9M | 4.97M | 4.94M | 4.29M | 3.47M | 3.52M | 3.58M | 4.77M | 4.56M | 3.9M | 3.42M | 3.4M | 3.36M | 3.74M | 3.7M | 3.21M | 3.19M | 3.6M | 1.92M | 2M |
| EBIT | -15.26M | 10.42M | -2.56M | -7.37M | -11.71M | 14.26M | -2.81M | -4.47M | 13.99M | 44.25M | 34.45M | 34.49M | 27.93M | 45.69M | 29.6M | 22.77M | 17.11M | 20.33M | 12.38M | 8.86M |
| Net Interest Income | 2.28M | 571K | 0 | 3.58M | 3.41M | 1.93M | 5.4M | 5.7M | 5.49M | 6.04M | 6.1M | 5.16M | 3.43M | 1.98M | 1.02M | 903K | 604K | -465K | -11K | -298K |
| Interest Income | 2.28M | 571K | 0 | 3.58M | 3.41M | 1.93M | 5.4M | 5.7M | 5.49M | 6.04M | 6.1M | 5.16M | 3.43M | 1.98M | 1.02M | 903K | 604K | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 465K | 11K | 298K |
| Other Income/Expense | 2.05M | 571K | 2.37M | 3.58M | 3.41M | 1.93M | 5.4M | 5.7M | 5.49M | 6.26M | 6.1M | 5.16M | 3.43M | 1.98M | 1.02M | 903K | 604K | -465K | -11K | -298K |
| Pretax Income | -13.21M | 10.99M | -2.56M | -3.78M | -9.62M | 6.11M | 2.59M | -7.21M | 13.99M | 46.15M | 38.57M | 25.04M | 27.93M | 43.16M | 30.61M | 22.77M | 17.11M | 20.33M | 12.37M | 8.56M |
| Pretax Margin % | -14.62% | 8.02% | -2.32% | -3.67% | -10.77% | 4.71% | 2.53% | -6.63% | 8.87% | 19.7% | 20.81% | 14.03% | 19.24% | 20.59% | 19.3% | 15.53% | 13.65% | 12.87% | 10.22% | 7.8% |
| Income Tax | -3.21M | 3.03M | 1.52M | -312K | -1.27M | 1.17M | 475K | -997K | 2.22M | 6.75M | 5.75M | 3.64M | 4.15M | 4.49M | 5.03M | 3.27M | 1.64M | 2.63M | 1.75M | 1.48M |
| Effective Tax Rate % | 24.3% | 27.56% | -59.15% | 8.25% | 13.24% | 19.11% | 18.35% | 13.84% | 15.89% | 14.62% | 14.9% | 14.53% | 14.85% | 10.4% | 16.44% | 14.38% | 9.61% | 12.96% | 14.14% | 17.24% |
| Net Income | -10M | 7.96M | -4.08M | -3.47M | -8.35M | 4.94M | 2.11M | -6.21M | 11.77M | 39.4M | 32.82M | 21.41M | 23.79M | 38.68M | 25.58M | 19.5M | 15.47M | 17.7M | 10.62M | 7.08M |
| Net Margin % | -11.07% | 5.81% | -3.69% | -3.37% | -9.34% | 3.81% | 2.07% | -5.71% | 7.46% | 16.82% | 17.71% | 11.99% | 16.39% | 18.45% | 16.13% | 13.3% | 12.34% | 11.2% | 8.78% | 6.46% |
| Net Income Growth % | -19.83% | 61.16% | -292.95% | 44.1% | -170.92% | -87.46% | -93.56% | -129.01% | -50.52% | 1.87% | 28.3% | 9.77% | 53.79% | 118.58% | 140.84% | 175.31% | 367.82% | 96.57% | 399.15% | 416.35% |
| Net Income (Continuing) | -10M | 7.96M | -4.08M | -3.47M | -8.35M | 4.94M | 2.11M | -6.21M | 11.77M | 39.4M | 32.82M | 21.41M | 23.79M | 38.68M | 25.58M | 19.5M | 15.47M | 17.7M | 10.62M | 7.08M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.26 | 0.19 | -0.10 | -0.08 | -0.19 | 0.11 | 0.04 | -0.13 | 0.24 | 0.78 | 0.65 | 0.43 | 0.48 | 0.79 | 0.53 | 0.41 | 0.33 | 0.44 | 0.28 | 0.20 |
| EPS Growth % | -36.84% | 72.73% | -328.83% | 36.46% | -179.17% | -85.9% | -93.28% | -130.23% | -50% | -1.27% | 22.64% | 4.88% | 45.45% | 79.55% | 89.29% | 105% | 266.67% | 41.94% | 251.32% | 337.81% |
| EPS (Basic) | -0.26 | 0.20 | -0.10 | -0.08 | -0.19 | 0.11 | 0.05 | -0.13 | 0.24 | 0.83 | 0.69 | 0.46 | 0.51 | 0.84 | 0.53 | 0.41 | 0.33 | 0.48 | 0.31 | 0.21 |
| Diluted Shares Outstanding | 39.1M | 41.63M | 41.47M | 42.03M | 44.87M | 46.33M | 48.36M | 48.73M | 49.54M | 50.6M | 50.27M | 49.64M | 49.47M | 48.87M | 48M | 47.29M | 47.03M | 40.63M | 37.94M | 37.09M |
| Basic Shares Outstanding | 39.1M | 40.07M | 40.79M | 42.03M | 44.87M | 45.22M | 46.94M | 48.73M | 48.26M | 47.76M | 47.39M | 46.96M | 46.38M | 45.84M | 48M | 47.29M | 46.87M | 40.35M | 37.87M | 35.98M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |