Perimeter Solutions, SA (NYSE: PRM) announced its financial results for the first quarter ended March 31, 2026. The company reported total revenue of $54.2 million, compared to $60.8 million in the same period last year.
Net loss for the quarter was $3.2 million, or $0.02 per diluted share, compared to net income of $1.5 million, or $0.01 per diluted share, in Q1 2025. Adjusted EBITDA was $18.1 million, down from $22.4 million a year earlier.
The company attributed the decline to lower demand for fire retardant products due to a milder wildfire season in early 2026. Perimeter Solutions continues to invest in R&D for next-generation firefighting chemicals.
