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Perimeter Group (PRM) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 31, 2026

Perimeter Group (PRM) reported revenue of $214M for the second quarter 2026 (Q2 2026), +31% from a year earlier and +71% from the quarter before. Operating margin was -95.0%, net loss $182M (85.0% of revenue).

Revenue$214M
Year over year+31%
Quarter over quarter+71%
Operating margin-95.0%
Net earnings−$182M

Perimeter Group, Q2 2026: revenue $214M (+32% year over year), operating margin -95.0%, net loss $182M, operating cash flow −$654K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$214M+71%+31%
Operating profit−$203M-380%—
Net earnings−$182M-349%—
Operating cash flow−$654K——

What changed

Revenue was $213.8M in Q2 2026, up 31% year over year and up 71% from the previous quarter. Revenues from products was the largest line at 84% of revenue. Revenues from products added $47.8M year over year (up 37%), 93% of the total change.

Gross margin was 55.1%, down 7.3 points from Q2 2025. Operating costs exceeded revenue by $203.0M, an operating margin of -95.0%. Operating expenses grew 151% against revenue growth of 31%. The fastest-growing cost line was Other operating costs (+163%). The quarter ended with a net loss of $181.6M, after a profit of $72.9M the previous quarter.

Operating cash flow was −$654K. Non-cash charges added back $28.9M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $149.2M. Capital expenditures of $12.7M exceeded it, leaving free cash flow of −$13.4M.

Questions

What was Perimeter Group's revenue in the second quarter 2026?

Perimeter Group (PRM) reported revenue of $214M for the second quarter 2026 (Q2 2026), +31% from a year earlier and +71% from the quarter before.

Was Perimeter Group profitable in the second quarter 2026?

Operating loss was $203M (-95.0% of revenue) and net loss $182M.

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Source: Perimeter Group 10-Q on SEC EDGAR.