The strong growth in Specialty Products and the $685 million MMT acquisition suggest a strategic pivot toward higher-growth segments. Traders should monitor integration of MMT and whether the company can maintain margin expansion in this segment.
Price Chart
Executive Summary
Perimeter Solutions reported strong full-year 2025 financial results with 16% revenue growth to $652.9 million and 18% growth in Adjusted EBITDA to $331.7 million. The Specialty Products segment drove growth with 31% revenue growth and a 75% increase in Q4 sales, while Fire Safety revenue declined 4% in Q4. The company completed a $40 million acquisition in Q4 2025 and announced a $685 million acquisition of MMT in Q1 2026, signaling aggressive expansion in its Specialty Products segment.
Key Financial Metrics
Key Facts
- Full-year 2025 revenue increased 16% to $652.9 million
- Adjusted EBITDA grew 18% to $331.7 million
- Adjusted EPS increased to $1.34 from $1.11 in prior year
- Specialty Products revenue grew 31% to $163.9 million
- Q4 revenue increased 19% to $102.8 million
- Company acquired MMT for $685 million in January 2026
Financial Impact
Revenue growth of $91.9 million and Adjusted EBITDA growth of $51.4 million
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Fire Safety | $489.0M | +12.0% |
| Specialty Products | $163.9M | +31.0% |
Risk Factors
- Fire Safety segment revenue declined 4% in Q4
- The $685 million MMT acquisition is significantly larger than previous deals and carries integration risk
- Founders advisory fees created significant non-cash expenses that could impact future cash flow
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001880319-26-000010 |
| Document: prm-20260226.htm | 0001880319-26-000010 |
| Document: 0001880319-26-000010-index-headers.html | 0001880319-26-000010 |
| Document: 0001880319-26-000010-index.html | 0001880319-26-000010 |
| Document: 0001880319-26-000010.txt | 0001880319-26-000010 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | Press Release | $27.80 | awaiting T+60 | — | $28.60 (+2.88%) |
Jul 31, 2026 12w ago | 8-K | $30.61 $28.10 | ▼ −8.20% | ▼ −10.65% | $28.60 (−6.57%) |
Jul 31, 2026 12w ago | Press Release | $30.61 $28.10 | ▲ +8.20% | ▲ +10.65% | $28.60 (+6.57%) |
Jul 23, 2026 13w ago | Press Release | $33.73 $26.35 | ▼ −21.88% | ▼ −25.17% | $28.60 (−15.21%) |
Jun 12, 2026 19w ago | 144 | $36.36 $31.23 | ▼ −14.11% | ▼ −15.11% | $28.60 (−21.34%) |
May 15, 2026 23w ago | Insider Cluster | $33.44 $34.56 | ▲ +3.35% | ▼ −1.50% | $28.60 (−14.47%) |
May 6, 2026 24w ago | 8-K | $27.41 $30.61 | ▲ +11.67% | ▲ +9.61% | $28.60 (+4.34%) |
May 6, 2026 24w ago | Press Release | $27.41 $30.61 | ▲ +11.67% | ▲ +9.61% | $28.60 (+4.34%) |
Apr 21, 2026 26w ago | Press Release | $30.65 $34.42 | ▲ +12.30% | ▲ +7.52% | $28.60 (−6.69%) |
Apr 17, 2026 27w ago | DEFA14A | $27.80 $33.32 | ▲ +19.86% | ▲ +13.71% | $28.60 (+2.88%) |
US Market Status
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