| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 72,936 | -140,231 | -90,660 | 24,525 |
| Founders advisory fees - related party (change in fair value) | -76,378 | 171,209 | 247,684 | 16,270 |
| Depreciation and amortization expense | 27,139 | 20,422 | 18,793 | 34,817 |
| Interest and payment-in-kind on preferred stock | 1,904 | 1,833 | 1,833 | 3,666 |
| Stock-based compensation | 2,598 | 5,219 | 6,519 | 4,909 |
| Non-cash lease expense | 2,513 | 2,020 | 1,928 | 2,913 |
| Deferred income taxes | -27,055 | -15,972 | -46,879 | -11,293 |
| Intangible impairment | NaN | 0 | NaN | NaN |
| Amortization of deferred financing costs | 709 | 565 | 452 | 890 |
| Gain on contingent earn-out | NaN | 0 | NaN | NaN |
| Foreign currency gain | 1,351 | -211 | -6 | 3,255 |
| Loss on disposal of assets | -17 | -139 | -4 | -6 |
| Accounts receivable | -3,424 | -42,008 | -14,498 | 63,460 |
| Inventories | 3,099 | 6,296 | -22,150 | 21,834 |
| Prepaid expenses and other current assets | -878 | 4,489 | -773 | -4,687 |
| Accounts payable | -976 | -411 | -5,364 | 12,003 |
| Deferred revenue | 219 | -7,768 | -10,535 | 18,340 |
| Income taxes payable, net | 5,338 | -38,734 | 25,087 | 7,962 |
| Accrued expenses and other current liabilities | 2,399 | -8,977 | 13,899 | -763 |
| Founders advisory fees - related party (cash settled) | -95,726 | 0 | 0 | -6,677 |
| Operating lease liabilities | -1,903 | -1,504 | -1,365 | -1,998 |
| Finance lease liabilities | -119 | -122 | -116 | -251 |
| Other, net | 2,428 | 522 | 52 | 563 |
| Net cash (used in) provided by operating activities | -88,961 | 18,600 | 198,655 | 20,894 |
| Purchase of intangible assets | NaN | 0 | 0 | 15,226 |
| Proceeds from short-term investments | NaN | 0 | 0 | 0 |
| Purchase of short-term investments | NaN | 0 | NaN | NaN |
| Purchase of property and equipment | 5,801 | 6,992 | 5,022 | 17,577 |
| Purchase of businesses, net of cash acquired | 682,294 | 40,000 | 12,000 | 10,000 |
| Net cash used in investing activities | -688,095 | -46,992 | -17,022 | -42,803 |
| Common stock repurchased | 0 | 0 | 0 | 40,370 |
| Proceeds from exercises of warrants | NaN | 0 | NaN | NaN |
| Proceeds from exercises of options | 3,000 | 14,976 | 19,185 | 292 |
| Principal payments on finance lease obligations | 179 | 186 | 207 | 482 |
| Proceeds from issuance of long-term debt | 550,000 | NaN | NaN | NaN |
| Payment of debt issuance costs | 10,057 | 2,179 | NaN | NaN |
| Net cash provided by (used in) financing activities | 542,764 | 12,611 | 18,978 | -40,560 |
| Effect of foreign currency on cash and cash equivalents | -11 | 1,061 | -622 | 4,671 |
| Net change in cash and cash equivalents | -234,303 | -14,720 | 199,989 | -57,798 |
| Cash and cash equivalents, beginning of period | 325,927 | 340,647 | 198,456 | NaN |
| Cash and cash equivalents, end of period | 91,624 | 325,927 | 340,647 | NaN |
Perimeter Solutions, Inc. (PRM)
Perimeter Solutions, Inc. (PRM)