PERI (PERI) financial statements
PERI reported revenue of $440M in fiscal 2025, up 3.9% a year over 9 years.
Net income was -$8M and the operating margin -3.4%, against 3.6% in 2016.
Free cash flow was $36M.
The diluted share count rose 65% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PERI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $313M | $274M | $253M | $261M | $328M | $478M | $640M | $743M | $498M | $440M |
| Cost of revenue | $26M | $25M | $24M | $26M | — | — | — | — | — | — |
| Gross profit | $287M | $249M | $229M | $236M | — | — | — | — | — | — |
| Research and development | $25M | $17M | $19M | $23M | $31M | $35M | $35M | $34M | $37M | $35M |
| Selling, general and admin | $83M | $75M | $55M | $50M | $55M | $76M | $85M | $91M | $107M | $113M |
| Operating income | $11M | -$76M | $15M | $18M | $12M | $46M | $107M | $114M | -$3M | -$15M |
| Interest expense | $5M | $5M | $4M | $2M | $1M | — | — | — | — | — |
| Pre-tax income | $3M | -$82M | $11M | $15M | $10M | $45M | $112M | $135M | $15M | -$5M |
| Income tax | $212,000 | -$9M | $3M | $2M | -$610,000 | $7M | $14M | $20M | $3M | $3M |
| Net income | $201,000 | -$73M | $8M | $13M | $10M | $39M | $97M | $115M | $13M | -$8M |
| EPS (diluted) | $0.01 | -$2.81 | $0.31 | $0.49 | $0.36 | $1.02 | $2.03 | $2.30 | $0.25 | -$0.19 |
| Diluted shares | 26M | 26M | 26M | 26M | 29M | 38M | 48M | 50M | 50M | 42M |
| Gross margin | 91.7% | 91.0% | 90.6% | 90.2% | — | — | — | — | — | — |
| Operating margin | 3.6% | -27.6% | 5.8% | 6.9% | 3.7% | 9.6% | 16.8% | 15.4% | -0.6% | -3.4% |
| Net margin | 0.1% | -26.6% | 3.2% | 4.9% | 3.1% | 8.1% | 15.2% | 15.5% | 2.5% | -1.8% |
Balance sheet
Fiscal years, from PERI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $32M | $37M | $43M | $62M | $60M | $322M | $430M | $395M | $296M | $241M |
| Receivables | $71M | $63M | $56M | $49M | $81M | $115M | $160M | $232M | $164M | $188M |
| Total current assets | $114M | $114M | $104M | $115M | $147M | $446M | $603M | $727M | $561M | $520M |
| Property, plant and equipment | $14M | $17M | $16M | $11M | $7M | $4M | $4M | $3M | $9M | $12M |
| Goodwill | $191M | $125M | $125M | $126M | $152M | $189M | $196M | $248M | $247M | $266M |
| Total assets | $368M | $274M | $256M | $284M | $359M | $713M | $870M | $1.1B | $916M | $914M |
| Total current liabilities | $87M | $81M | $77M | $83M | $120M | $194M | $235M | $340M | $162M | $189M |
| Long-term debt | $38M | $30M | — | $8M | — | — | — | — | — | — |
| Total liabilities | $160M | $136M | $108M | $119M | $175M | $246M | $287M | $359M | $193M | $238M |
| Shareholders' equity | $208M | $138M | $149M | $165M | $184M | $467M | $583M | $718M | $723M | $676M |
| Net debt | $32M | $12M | -$23M | -$22M | -$39M | -$104M | -$176M | -$188M | -$156M | -$90M |
Cash flow
Fiscal years, from PERI's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $30M | $36M | $33M | $45M | $22M | $71M | $122M | $155M | $7M | $42M |
| Capital spending | $2M | $2M | $2M | $1M | $459,000 | $627,000 | $1M | $811,000 | $7M | $6M |
| Free cash flow | $29M | $34M | $31M | $44M | $22M | $70M | $121M | $155M | $67,000 | $36M |
| Stock-based compensation | $7M | $2M | $3M | $2M | $4M | $7M | $13M | $18M | $27M | $31M |
| Net borrowing | — | $5M | $25M | — | — | — | — | $0 | $0 | -$452,000 |
| Free cash flow margin | 9.3% | 12.6% | 12.2% | 16.7% | 6.6% | 14.7% | 18.9% | 20.8% | 0.0% | 8.2% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for PERI.
Open PERI in InvestinglyQuestions
What was PERI's revenue in 2025?
$440M in fiscal 2025, from its 10-K filing.
How much free cash flow does PERI generate?
$36M in fiscal 2025 (operating cash flow minus capital spending).
From PERI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.