Perimeter Solutions, Inc.(PRM)Stock Analysis
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Rank #1,097 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PRM Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Perimeter Solutions, Inc. (PRM), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores PRM at 56.5/100 on a 32-signal composite quality model, placing it at rank #1,097 of 2,879 stocks — the top half of the AI-ranked universe. PRM scores in the top quartile across revenue growth (91.3). Areas of concern include institutional flow (10.1) and earnings quality (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 37.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Perimeter Solutions, Inc. reports quarterly revenue of $125.1M, net income of $72.9M, free cash flow of $-94.8M. Top institutional holders of PRM by reported 13-F value include WINDACRE PARTNERSHIP, PRINCIPAL FINANCIAL GROUP, BlackRock,, based on the most recent SEC filings. PRM trades on the NYSE exchange and files with the SEC under CIK 1880319. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PRM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Perimeter Solutions, Inc. directly from SEC EDGAR. Perimeter Solutions, Inc.'s 13F Pro composite quality score has ranged between 8 and 76 since 2022, currently 56.5 — an improving long-term trajectory across 51 quarterly and live scoring snapshots.
Revenue
Q1 2026
$125.1M
Net Income
Q1 2026
$72.9M
Free Cash Flow
Q1 2026
$-94.8M
D/E Ratio
Q1 2026
1.00
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+16.4% YoYNet Income
-3394.8% YoYOperating Income
-5234.0% YoYEPS (Diluted)
-3325.0% YoYTotal Assets
+9.8% YoYTotal Debt
+0.2% YoYOp. Cash Flow
+26.4% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $652.9M +16.4% | $561.0M +74.2% | $322.1M -10.7% | $360.5M +50.6% | $239.3M | — |
| Net Income | $-206.4M -3394.8% | $-5.9M -108.7% | $67.5M -26.5% | $91.8M +318.4% | $-42.0M | — |
| Operating Income | $-200.9M -5234.0% | $-3.8M -104.0% | $94.5M -27.4% | $130.1M +2351.4% | $-5.8M | — |
| EPS (Diluted) | $-1.37 -3325.0% | $-0.04 -109.8% | $0.41 -21.2% | $0.52 +297.5% | $-0.26 | — |
| Total Assets | $2.65B +9.8% | $2.42B +4.4% | $2.32B -5.7% | $2.46B | — | — |
| Total Debt | $669.1M +0.2% | $667.8M +0.2% | $666.5M +0.2% | $665.3M | — | — |
| Operating Cash Flow | $238.1M +26.4% | $188.4M +97510.4% | $193.0K +100.5% | $-40.2M -13071.1% | $-305.0K | — |
AI Insight: PRM Financial Trends
Debt surged 81% to $1,210M in Q1 2026 while operating cash flow turned sharply negative at -$89M, raising near-term liquidity concerns.
• Revenue grew year-over-year from $127M in Q2 2024 to $163M in Q2 2025 and $288M to $315M in Q3, signaling modest top-line momentum.
• Operating income collapsed from $61M in Q4 2024 to -$165M in Q4 2025, a $226M swing, suggesting severe cost deterioration.
• Total debt jumped from $668M in Q4 2025 to $1,210M in Q1 2026, an $542M increase in a single quarter.
• Operating cash flow swung to -$89M in Q1 2026 from +$24M in Q1 2025, reversing the prior-year comparable period.
⚠ The $542M debt increase in Q1 2026 with no equity offset warrants scrutiny — purpose and repayment capacity are unclear.
⚠ Equity declined from $1,216M in Q1 2025 to $1,205M in Q1 2026 despite the debt raise, hinting at continued earnings drag.
⚠ Seasonal revenue patterns are intact, but worsening Q4 operating losses suggest fixed-cost structure may be scaling faster than revenue.
AI Insight: PRM Ratio Trends
Perimeter Solutions' profitability is violently seasonal: Q4 2025's -160.7% operating margin cratered the TTM view, but Q1 2026 snapped back to 58.0% — trend direction hinges entirely on which quarter you anchor to.
• Operating margin swung from -160.7% in Q4 2025 to 58.0% in Q1 2026, underscoring extreme quarter-to-quarter volatility.
• ROIC collapsed from 16.5% in Q1 2025 to -36.6% in Q4 2025, then partially recovered to 12.0% in Q1 2026.
• D/E ratio jumped from 0.59 in Q4 2025 to 1.00 in Q1 2026, matching the elevated TTM leverage level — a notable step-up.
⚠ D/E spiking to 1.00 in Q1 2026 from a range of 0.55–0.67 in prior quarters signals rising leverage worth monitoring closely.
⚠ TTM operating margin of -29.2% reflects Q4 2025's outlier loss; Q1 2026 recovery to 58.0% needs confirmation across subsequent quarters.
⚠ Q3 2025 ROIC of -19.6% and Q4 2025 of -36.6% suggest back-half seasonality is structurally loss-making — a recurring drag on annual returns.
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Top Institutional Holders of PRM
WINDACRE PARTNERSHIP LLC
$533.7M21,854,600 shPRINCIPAL FINANCIAL GROUP INC
$305.6M12,513,159 shBlackRock, Inc.
$264.5M10,829,380 shFMR LLC
$220.7M9,039,110 shVANGUARD CAPITAL MANAGEMENT LLC
$150.8M6,175,487 shDIMENSIONAL FUND ADVISORS LP
$116.3M4,763,465 shJANUS HENDERSON GROUP PLC
$97.9M4,007,536 shDF DENT & CO INC
$96.0M3,932,371 shGEODE CAPITAL MANAGEMENT, LLC
$92.7M3,796,605 shSTATE STREET CORP
$79.2M3,244,068 sh
| Fund | Value | Shares |
|---|---|---|
| WINDACRE PARTNERSHIP LLC | $533.7M | 21,854,600 |
| PRINCIPAL FINANCIAL GROUP INC | $305.6M | 12,513,159 |
| BlackRock, Inc. | $264.5M | 10,829,380 |
| FMR LLC | $220.7M | 9,039,110 |
| VANGUARD CAPITAL MANAGEMENT LLC | $150.8M | 6,175,487 |
| DIMENSIONAL FUND ADVISORS LP | $116.3M | 4,763,465 |
| JANUS HENDERSON GROUP PLC | $97.9M | 4,007,536 |
| DF DENT & CO INC | $96.0M | 3,932,371 |
| GEODE CAPITAL MANAGEMENT, LLC | $92.7M | 3,796,605 |
| STATE STREET CORP | $79.2M | 3,244,068 |
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Popular Research
Is PRM a good stock to buy?
13F Pro's AI-powered analysis of Perimeter Solutions, Inc. (PRM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PRM are available on the PRM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PRM?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PRM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Perimeter Solutions, Inc.'s investment landscape.