Perion Network Ltd.
PERI Nasdaq· Services-Computer Programming Services
KIRA · Stoqly’s AI analyst, in plain words
- Perion Network Ltd. had $440M of revenue in fiscal 2025, down 11.7% on the year before. Over five years, revenue changed +6.0% a year on average.
- Its operating margin was −3.4%, down 2.8 pts: of every 100 in sales, about −3 is left after running the business.
- Perion Network Ltd. lost $7.9M in fiscal 2025.
- Free cash flow was $38.1M in fiscal 2025, 8.7% of revenue.
Market cap
—
P/E
—
Revenue
$440M
Net income
−$7.9M
Free cash flow
$38.1M
Operating margin
−3.4%
Perion Network Ltd. in 30 seconds · fiscal 2025
Are sales growing?
−11.7%
No. Sales fell 11.7% last year.
Does it make a profit?
−1.8%
No. It lost money last year.
Does profit turn into cash?
8.7%
Partly. 8.7% of sales ends up as free cash.
How healthy are the accounts?
3 / 7
Weak. It passes 3 of 7 health tests.
What Perion Network Ltd. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 16, 2026
- Legal name
- Perion Network Ltd.
- CIK
- 0001338940
Perion Network Ltd. · PERI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $478M | $640M | $743M | $498M | $440M |
| Revenue growth | 45.9% | 33.8% | 16.1% | −32.9% | −11.7% |
| Operating margin | 9.6% | 16.8% | 15.4% | −0.6% | −3.4% |
| Net income | $38.7M | $97.5M | $115M | $12.6M | −$7.9M |
| Net margin | 8.1% | 15.2% | 15.5% | 2.5% | −1.8% |
| Diluted EPS | $1.02 | $2.03 | $2.30 | $0.25 | −$0.19 |
| Cash | |||||
| Cash from operations | $71.1M | $122M | $155M | $6.9M | $41.9M |
| Capital expenditure | $0.6M | $1.1M | $0.8M | $6.9M | $3.8M |
| Free cash flow | $70.5M | $121M | $155M | $0.1M | $38.1M |
| FCF margin | 14.7% | 18.9% | 20.8% | 0.0% | 8.7% |
| Share count change | 31.4% | 27.1% | 4.2% | −1.0% | −15.0% |
| Debt and strength | |||||
| Cash and short-term investments | $322M | $430M | $395M | $296M | $241M |
| Debt incl. finance leases | $0.0M | — | — | — | — |
| Shareholders' equity | $467M | $583M | $718M | $723M | $676M |
| Net debt / EBITDA | −5.8x | — | — | — | — |
| Current ratio | 2.3x | 2.6x | 2.1x | 3.5x | 2.8x |
| Returns and quality | |||||
| Return on capital | 27.0% | — | — | — | — |
| Return on equity | 11.9% | 18.6% | 17.7% | 1.8% | −1.1% |
| Return on tangible equity | 17.5% | 29.0% | 30.1% | 3.1% | −2.5% |
| Piotroski F-score | 6 | 6 | 3 | 4 | 3 |
| Altman Z'' | 4.6 | 6.0 | 5.7 | 7.5 | 5.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.2M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Perion Network Ltd. · PERI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001338940). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.