PERI
Perion Network Ltd.
PERI lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.
PERI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Strong |
PERI's cash flow and balance sheet are currently healthy, and its revenue is stable, but its profitability is under pressure.
PERI PE Valuation
PERI has no meaningful PE right now: it lost money over the past year.
PERI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PERI, with profitability improving.
PERI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.39 | — |
| Q2 2026 | -$0.35 | -$0.23 |
| Q1 2026 | -$0.25 | -$0.08 |
| Q4 2025 | -$0.18 | -169% |
| Q3 2025 | -$0.26 | -128% |
| Q2 2025 | -$0.12 | -108% |
| Q1 2025 | -$0.17 | -108% |
| Q4 2024 | $0.26 | -89% |
| Q3 2024 | $0.93 | -60% |
PERI lost $0.35 per share over the past year, a bigger loss than the year before.
PERI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $98.2M | -4.6% |
| Q1 2026 | $90.4M | +1.2% |
| Q4 2025 | $137.1M | +5.8% |
| Q3 2025 | $110.5M | +8.1% |
| Q2 2025 | $103M | -5.3% |
| Q1 2025 | $89.3M | -43% |
| Q4 2024 | $129.6M | -45% |
| Q3 2024 | $102.2M | -45% |
PERI's revenue fell from its 2023 peak and has held roughly level since: $98M last quarter, down 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -7.6% | -0.5 points |
| Q1 2026 | -17% | -2.3 points |
| Q4 2025 | 7.6% | +4.4 points |
| Q3 2025 | -4.5% | -1.7 points |
| Q2 2025 | -7.2% | +4.7 points |
| Q1 2025 | -15% | -20 points |
| Q4 2024 | 3.2% | -14 points |
| Q3 2024 | -2.8% | -20 points |
PERI's operating margin was −7.6% last quarter, about level with the same quarter a year ago.
PERI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $2.6M | -87% |
| Q1 2026 | $4.3M | +$13M |
| Q4 2025 | $23M | +685% |
| Q3 2025 | $5.2M | -56% |
| Q2 2025 | $19.8M | +$41M |
| Q1 2025 | -$8.7M | -235% |
| Q4 2024 | $2.9M | -94% |
| Q3 2024 | $11.9M | -70% |
PERI still generates free cash flow, though less than at its 2023 peak: $35M over the past year.
PERI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5.4% | -2.1M shares |
| 1 year | -12% | -5M shares |
| 3 years | -25% | -12.6M shares |
| 5 years | -0.3% | -94.6K shares |
| Available history | +38% | +10.1M shares |
PERI has 37M diluted shares, down 12% from a year ago, with $83M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $25.8M |
| Q1 2026 | $24.1M |
| Q4 2025 | $26.1M |
| Q3 2025 | $7.5M |
| Q2 2025 | $33.3M |
| Q1 2025 | $6.5M |
| Q4 2024 | $13.4M |
| Q3 2024 | $13.5M |
PERI spent $83M buying back its own shares over the past year, up 25% from the year before.
PERI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -5.6x | Net Cash |
| Q1 2026 | -2.9x | Net Cash |
| Q4 2025 | -4.6x | Net Cash |
| Q3 2025 | -8.2x | Net Cash |
| Q2 2025 | -5.6x | Net Cash |
| Q1 2025 | -8.1x | Net Cash |
| Q4 2024 | -3.1x | Net Cash |
| Q3 2024 | -1.8x | Net Cash |
PERI has more cash than debt.
PERI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.2 | Neutral |
| Stochastic | 71.6 | Neutral |
PERI's weekly RSI is 69 (neutral) and its Stochastic is 72 (neutral).
PERI PE vs Communication Services Sector
| Metric | PERI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
PERI has no meaningful PE right now: it lost money over the past year.
PERI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.35 | 22% above |
| 20 week MA | $9.40 | 21% above |
| 50 week MA | $9.39 | 21% above |
| 100 week MA | $9.40 | 21% above |
| 200 week MA | $16.2 | 30% below |
PERI has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 30% below its 200-week average.
PERI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.25 | $13.8 | +121% |
| 2021 | $13.8 | $23.9 | +73% |
| 2022 | $23.9 | $24.8 | +3.8% |
| 2023 | $24.8 | $30.9 | +24% |
| 2024 | $30.9 | $8.45 | -73% |
| 2025 | $8.45 | $9.77 | +16% |
| 2026 YTD | $9.77 | $11.4 | +16% |
PERI's yearly returns have swung widely, from +121% in 2020 to −73% in 2024. It's up 16% so far in 2026.