Company research
Perion Network Ltd.
CIK 1338940Updated Sep 27, 2026
SecurityPERI · NASDAQ · equity
Name history
Perion Networks Ltd. · through Nov 9, 2011IncrediMail Ltd. · through Oct 31, 2011
PERI price & chart
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 913,758,000Source | 915,526,000Source | 1,077,266,000Source | 870,218,000Source |
| Property, Plant and Equipment, NetUSD | 11,685,000Source | 8,916,000Source | 3,179,000Source | 3,611,000Source |
| GoodwillUSD | 266,066,000Source | 247,086,000Source | 247,975,000Source | 195,527,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 89,169,000Source | 68,917,000Source | 88,652,000Source | 51,664,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 89,997,000Source | 156,228,000Source | 187,609,000Source | 176,226,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 187,871,000Source | 164,358,000Source | 231,539,000Source | 160,488,000Source |
| Assets, CurrentUSD | 519,781,000Source | 561,465,000Source | 726,586,000Source | 603,458,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 17,830,000Source | 22,638,000Source | 21,033,000Source | 12,049,000Source |
| Operating Lease, Right-of-Use AssetUSD | 17,171,000Source | 20,209,000Source | 6,609,000Source | 10,130,000Source |
| Other Assets, NoncurrentUSD | 620,000Source | 416,000Source | 85,000Source | 49,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 237,752,000Source | 192,586,000Source | 359,119,000Source | 287,084,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 341,000Source | 391,000Source | 413,000Source | 398,000Source |
| Retained Earnings (Accumulated Deficit)USD | 188,684,000Source | 196,617,000Source | 188,199,000Source | 70,786,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 267,000Source | -215,000Source | -83,000Source | -582,000Source |
| Stockholders' Equity Attributable to ParentUSD | 676,006,000Source | 722,940,000Source | 718,147,000Source | 583,134,000Source |
| Additional Paid in Capital, Common StockUSD | 487,716,000Source | 527,149,000Source | 530,620,000Source | 513,534,000Source |
| Liabilities and EquityUSD | 913,758,000Source | 915,526,000Source | 1,077,266,000Source | 870,218,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 188,581,000Source | 161,850,000Source | 340,028,000Source | 234,608,000Source |
| Operating Lease, Liability, CurrentUSD | 2,324,000Source | 3,648,000Source | 4,198,000Source | 3,900,000Source |
| Accounts Payable, CurrentUSD | 129,882,000Source | 122,005,000Source | 217,181,000Source | 155,854,000Source |
| Operating Lease, Liability, NoncurrentUSD | 20,034,000Source | 18,654,000Source | 3,448,000Source | 7,580,000Source |
| Deferred Income Tax Liabilities, NetUSD | 7,397,000Source | 8,721,000Source | 6,643,000Source | — |
| Other Liabilities, NoncurrentUSD | 11,357,000Source | 12,082,000Source | 15,643,000Source | 11,783,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 37,821,000Source | 32,848,000Source | 42,636,000Source | 37,869,000Source |
| Deferred Revenue, CurrentUSD | 1,206,000Source | 2,049,000Source | 2,297,000Source | 2,377,000Source |
| Short-term InvestmentsUSD | 151,030,000Source | 139,333,000Source | 207,450,000Source | 253,400,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 17,677,000Source | 16,434,000Source | 14,092,000Source | 13,838,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 31,117,000Source | 27,211,000Source | 15,590,000Source | 11,570,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 22,976,000Source | -66,063,000Source | 5,329,000Source | 45,236,000Source |
| Deferred Income Tax Expense (Benefit)USD | -1,513,000Source | -2,151,000Source | -734,000Source | -1,525,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 41,927,000Source | 6,939,000Source | 155,463,000Source | 122,119,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 26,566,000Source | 0Source | 101,921,000Source | 9,570,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -37,397,000Source | 62,602,000Source | -133,354,000Source | -46,816,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,800,000Source | 6,872,000Source | 811,000Source | 1,058,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -71,052,000Source | -100,913,000Source | -10,823,000Source | -3,258,000Source |
| Repayments of Long-term DebtUSD | 452,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -66,189,000Source | -31,586,000Source | 11,427,000Source | 71,986,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 91,173,000Source | 157,362,000Source | 188,948,000Source | 177,521,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 85,000Source | 13,000Source | 6,000Source | 5,000Source |
| Income Taxes Paid, NetUSD | 8,349,000Source | 13,098,000Source | 18,030,000Source | 7,689,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 333,000Source | -214,000Source | 141,000Source | -59,000Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 669,000Source | 0Source | 0Source | 0Source |
| Share-based Payment Arrangement, ExpenseUSD | 31,117,000Source | 27,212,000Source | 15,590,000Source | 11,570,000Source |
| DepreciationUSD | 2,425,000Source | 2,070,000Source | 1,644,000Source | 1,954,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 481,000Source | -53,000Source | 27,000Source | -20,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 42,000Source | 46,000Source | 27,000Source | 12,000Source |
| General and Administrative ExpenseUSD | 36,402,000Source | 38,697,000Source | 31,799,000Source | 23,813,000Source |
| GoodwillUSD | 266,066,000Source | 247,086,000Source | 247,975,000Source | 195,527,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -7,933,000Source | 12,614,000Source | 117,413,000Source | 99,225,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -7,933,000Source | 12,614,000Source | 117,413,000Source | 99,225,000Source |
| Income Tax Expense (Benefit)USD | 2,959,000Source | 2,868,000Source | 20,278,000Source | 14,439,000Source |
| Marketable Securities, Unrealized Gain (Loss)USD | 35,000Source | 164,000Source | -101,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | -7,933,000Source | 12,614,000Source | 117,413,000Source | 99,225,000Source |
| Nonoperating Income (Expense)USD | 9,928,000Source | 18,520,000Source | 20,951,000Source | 4,502,000Source |
| Operating ExpensesUSD | 454,829,000Source | 501,324,000Source | 626,415,000Source | 531,094,000Source |
| Operating Lease, ExpenseUSD | 2,895,000Source | 3,879,000Source | 1,993,000Source | 2,846,000Source |
| Proceeds from Stock Options ExercisedUSD | 612,000Source | 547,000Source | 2,433,000Source | 5,833,000Source |
| Restructuring CostsUSD | 1,322,000Source | 6,895,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 439,927,000Source | 498,286,000Source | 743,155,000Source | 640,256,000Source |
| Operating Income (Loss)USD | -14,902,000Source | -3,038,000Source | 116,740,000Source | 109,162,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -4,974,000Source | 15,482,000Source | 137,691,000Source | 113,664,000Source |
| Income Tax Expense (Benefit)USD | 2,959,000Source | 2,868,000Source | 20,278,000Source | 14,439,000Source |
| Net Income (Loss) Attributable to ParentUSD | -7,933,000Source | 12,614,000Source | 117,413,000Source | 99,225,000Source |
| Earnings Per Share, BasicUSD per share | -0.19Source | 0.27Source | 2.49Source | 2.21Source |
| Earnings Per Share, DilutedUSD per share | -0.19Source | 0.25Source | 2.34Source | 2.06Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 42,098,471Source | 47,281,588Source | 47,128,232Source | 44,871,149Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 42,098,471Source | 49,555,777Source | 50,073,985Source | 48,071,638Source |
| Additional Financial Items | ||||
| Cost, Depreciation and AmortizationUSD | — | — | 1,392,000Source | 1,392,000Source |
| Current Income Tax Expense (Benefit)USD | 6,152,000Source | 5,905,000Source | 21,623,000Source | 16,758,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 17,677,000Source | 16,434,000Source | 14,092,000Source | 13,838,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 481,000Source | -53,000Source | 27,000Source | -20,000Source |
| General and Administrative ExpenseUSD | 36,402,000Source | 38,697,000Source | 31,799,000Source | 23,813,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -7,933,000Source | 12,614,000Source | 117,413,000Source | 99,225,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -16,935,000Source | 5,873,000Source | 129,676,000Source | 106,634,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -7,933,000Source | 12,614,000Source | 117,413,000Source | 99,225,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.19Source | 0.27Source | 2.49Source | 2.21Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.19Source | 0.25Source | 2.34Source | 2.06Source |
| Nonoperating Income (Expense)USD | 9,928,000Source | 18,520,000Source | 20,951,000Source | 4,502,000Source |
| Operating ExpensesUSD | 454,829,000Source | 501,324,000Source | 626,415,000Source | 531,094,000Source |
| Operating Lease, ExpenseUSD | 2,895,000Source | 3,879,000Source | 1,993,000Source | 2,846,000Source |
| Research and Development ExpenseUSD | 34,653,000Source | 36,655,000Source | 33,066,000Source | 34,424,000Source |
| Restructuring CostsUSD | 1,322,000Source | 6,895,000Source | — | — |
| Selling and Marketing ExpenseUSD | 76,491,000Source | 68,497,000Source | 57,991,000Source | 56,014,000Source |