Perion Network Ltd.
PERI- Exchange
- Nasdaq
- Industry
- Services-Computer Programming Services
- SEC CIK
- 0001338940
In the last 90 days, Perion Network Ltd. insiders filed 0 open-market purchases and 3 sales; 94 institutions reported holding it in 13F filings for Q2 2026, worth $219.0M in total; ARK Invest is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:51 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $7.93M (1.8% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Revenue | $439.9M | $498.3M | $743.2M | $640.3M | $478.5M |
| Operating expenses | $454.8M | $501.3M | $626.4M | $531.1M | $432.6M |
| Research and development | $34.7M | $36.7M | $33.1M | $34.4M | $35.3M |
| Selling, general and administrative | $36.4M | $38.7M | $31.8M | $23.8M | $20.9M |
| Operating income | -$14.9M | -$3.04M | $116.7M | $109.2M | $45.9M |
| Income tax | $2.96M | $2.87M | $20.3M | $14.4M | $6.61M |
| Net income | -$7.93M | $12.6M | $117.4M | $99.2M | $38.7M |
| EPS, basic | $-0.19 | $0.27 | $2.49 | $2.21 | $1.13 |
| EPS, diluted | $-0.19 | $0.25 | $2.34 | $2.06 | $1.02 |
| Weighted shares, basic | 42.1M | 47.3M | 47.1M | 44.9M | 34.4M |
| Weighted shares, diluted | 42.1M | 49.6M | 50.1M | 48.1M | 37.8M |
| Margins and growth | |||||
| Operating margin | -3.4% | -0.6% | 15.7% | 17.0% | 9.6% |
| Net margin | -1.8% | 2.5% | 15.8% | 15.5% | 8.1% |
| Revenue growth, year over year | −11.7% | −32.9% | +16.1% | +33.8% | +45.9% |
| Net income growth, year over year | −162.9% | −89.3% | +18.3% | +156.4% | +278.5% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | $90.0M | $156.2M | $187.6M | $176.2M | $104.4M |
| Short-term investments | $151.0M | $139.3M | $207.4M | $253.4M | $217.2M |
| Accounts receivable | $187.9M | $164.4M | $231.5M | $160.5M | $115.4M |
| Total current assets | $519.8M | $561.5M | $726.6M | $603.5M | $446.2M |
| Property, plant and equipment | $11.7M | $8.92M | $3.18M | $3.61M | $4.21M |
| Goodwill | $266.1M | $247.1M | $248.0M | $195.5M | $189.3M |
| Intangible assets | $89.2M | $68.9M | $88.7M | $51.7M | $56.7M |
| Total assets | $913.8M | $915.5M | $1.08B | $870.2M | $713.2M |
| Accounts payable | $129.9M | $122.0M | $217.2M | $155.9M | $107.7M |
| Short-term debt | – | – | – | – | $0 |
| Total current liabilities | $188.6M | $161.8M | $340.0M | $234.6M | $193.7M |
| Total liabilities | $237.8M | $192.6M | $359.1M | $287.1M | $246.3M |
| Shareholders' equity | $676.0M | $722.9M | $718.1M | $583.1M | $467.0M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Operating cash flow | $41.9M | $6.94M | $155.5M | $122.1M | $71.1M |
| Capital expenditures | $3.80M | $6.87M | $811.0K | $1.06M | $627.0K |
| Free cash flow | $38.1M | $67.0K | $154.7M | $121.1M | $70.5M |
| Depreciation and amortization | $17.7M | $16.4M | $14.1M | $13.8M | $9.90M |
| Stock-based compensation | $31.1M | $27.2M | $15.6M | $11.6M | $6.99M |
| Investing cash flow | -$37.4M | $62.6M | -$133.4M | -$46.8M | -$243.5M |
| Financing cash flow | -$71.1M | -$100.9M | -$10.8M | -$3.26M | $229.1M |
| Net change in cash | -$66.2M | -$31.6M | $11.4M | $72.0M | $56.7M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 7.1% | 5.5% | 2.1% | 1.8% | 1.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Dec 31, 2025 | 39.0M | −12.9% | SEC |
| Dec 31, 2024 | 44.8M | −6.6% | SEC |
| Dec 31, 2023 | 48.0M | +3.9% | SEC |
| Dec 31, 2022 | 46.2M | +5.7% | SEC |
| Dec 31, 2021 | 43.7M | +59.8% | SEC |
| Dec 31, 2020 | 27.4M | +4.2% | SEC |
| Dec 31, 2019 | 26.2M | +1.5% | SEC |
| Dec 31, 2018 | 25.9M | −66.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.