Skip to content
Perimeter Solutions logo

Perimeter Solutions

PRM

Perimeter Solutions is a global provider of mission-critical industrial products and services specializing in fire safety and specialty chemicals.

Market cap
$5.44B+130%
Revenue$705.9M+23.0%
Net income-$190.1M-104%
Free cash flow$110.5M-45.6%
EPS (diluted)-$1.32-94.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 31, 2026 (In 2 days)
Revenue estimate$216.9M
EPS estimate$0.43

Financials

Q1 2026

Income statement

See full
Revenue$125.1M+73.6%
Gross profit$50.8M+80.4%
Operating income$72.5M-6.8%
Net income$72.9M+28.7%
EPS (diluted)$0.44+22.2%

Balance sheet

See full
Cash & equivalents$91.6M-54.2%
Total debt$1.3B+81.0%
Total equity$1.2B-0.9%
Total assets$3.2B+31.6%

Cash flow

See full
Operating cash flow-$89.0M-475%
CapEx$5.8M+20.5%
Free cash flow-$94.8M-601%

Valuation & ratios

Valuation

See full
Market cap$5.44B+130%
Enterprise value$6.6B+119%
P/S7.7×+3.7×

Profitability

See full
Gross margin56.4%-0.2pp
Operating margin-29.2%
Net margin-26.9%
FCF margin15.7%-19.7pp

Returns & leverage

See full
Return on equity-15.7%
Debt / equity+0.5×
Current ratio3.1×-2.1×

Segments

By segment

See full
Specialty Products$79.6M+128%
Fire Safety$45.4M+22.3%

By product

See full
Revenues from services$2.4M-45.7%

Competitors

Profile

Perimeter Solutions is a global provider of mission-critical industrial products and services specializing in fire safety and specialty chemicals. The company develops highly engineered solutions for complex environments where failure is not an option, primarily serving government agencies and industrial customers. Its business model focuses on a decentralized operating structure and value-based pricing to maximize free cash flow and long-term equity value.

Competitive position

A leading provider of USDA Forest Service qualified fire retardants with a vertically integrated production model and a dominant position in the wildfire suppression market.

GeographiesUnited States, Canada, Europe, Global
Customer segmentsGovernment Agencies, Industrial Enterprises, Medical Device OEMs, Infrastructure Operators
Business modelManufacturing, Value-based pricing, Aftermarket services and consumables, B2G (Business-to-Government)
SuppliersPhosphorus suppliers, Chemical feedstock providers, Electronic component manufacturers, Raw material processors
CustomersUSDA Forest Service, State forestry departments, Commercial firefighting operators, Medical device manufacturers, Industrial petrochemical plants
Listed2021
Employees228.0
CEOHaitham R. Khouri
FilingsSEC EDGAR

Questions, answered.

What is Perimeter Solutions's market cap?
Perimeter Solutions (PRM) has a market capitalization of $5.4B and trades on NYSE.
What is Perimeter Solutions's revenue and profitability?
Perimeter Solutions generated $705.9M in trailing twelve-month revenue with a net loss of $190.1M, representing a net margin of -26.9%. Gross margin stands at 56.4%, with free cash flow of $110.5M. These figures are based on the Q1 2026 filing.
Who are Perimeter Solutions's competitors?
Perimeter Solutions's key competitors include Compass Minerals International, Inc., Johnson Controls International plc, Nordson Corporation, and others. These companies compete in similar markets and product categories.
Who does Perimeter Solutions partner with?
Perimeter Solutions's notable partners include USDA Forest Service.
What subsidiaries does Perimeter Solutions have?
Perimeter Solutions's subsidiaries include Medical Manufacturing Technologies, LLC, Phosphorus Derivatives, Inc., Intelligent Manufacturing Solutions.
Where is Perimeter Solutions headquartered?
Perimeter Solutions is headquartered in United States of America and employs approximately 228 people. It has been publicly traded since 2021.