Perimeter Solutions posts Q2 2026 net loss $181.6M, adjusted EPS $0.35 on $213.8M revenue

Perimeter Solutions reported second-quarter 2026 results with net sales of $213.8 million and a GAAP net loss of $181.6 million, or $1.11 loss per diluted share. On a non-GAAP basis, adjusted net income was $59.6 million and adjusted diluted earnings per share were $0.35, while Adjusted EBITDA totaled $105.6 million. The company completed the acquisition of Monaco Enterprises and continued segment momentum, with Specialty Products net sales doubling year-over-year.

Financial Highlights

• Net sales: $213.8 million for the three months ended June 30, 2026 (up from $162.6 million in Q2 2025).
• Gross profit: $117.9 million for Q2 2026 (figure reported; gross margin not disclosed separately).
• Operating (loss) income: $(203.0) million for Q2 2026 (as reported).
• Net (loss) income: $(181.6) million, or $(1.11) loss per diluted share for Q2 2026.
• Adjusted results (non-GAAP): Adjusted net income $59.6 million and Adjusted diluted EPS $0.35 for Q2 2026; Adjusted EBITDA $105.6 million.

Business Highlights

• Revenue growth by segment: Fire Safety net sales increased 7% year-over-year; Specialty Products net sales increased 100% year-over-year.
• Segment profitability: Fire Safety Segment Adjusted EBITDA was $78.8 million; Specialty Products Segment Adjusted EBITDA was $26.8 million in Q2 2026.
• Acquisition: On July 30, 2026, the company acquired Monaco Enterprises, a provider of life safety and emergency management systems for U.S. government facilities; Monaco is included in the Fire Safety segment and is expected to contribute more than $11 million of annualized Adjusted EBITDA.
• Capital investment and operations: The company invested $12.7 million in capital expenditures during Q2 2026 and continues execution of its Value Driver operating strategy and decentralized operating model.
• Working capital and balance sheet changes: Accounts receivable and inventories increased (as reported), and the company funded the Monaco acquisition with cash on hand and existing credit facilities.

Original SEC Filing:

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