profit from every $100 of sales.

Perion Network
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Perion Network sold, what it kept, and what it did with the cash.
Sales went from $640 million in 2022 to $440 million in 2025, with -$7.93 million of profit last year.
Perion Network handed back more cash to shareholders than it generated last year.
Perion Network vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Perion Network | No profit yet | ||
Alphabet | 27.5× · Fair price | ||
Meta | 27.1× · Fair price | ||
Tencent Holdings | 13.2× · Cheap | ||
Recruit | 59.6× · Expensive |
AI analysis
An AI analyst reads Perion Network's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 640 | 743 | 498 | 440 | |
| 237 | 272 | 166 | 152 | |
| 104 | 133 | 5 | -14 | |
| 126 | 149 | 32 | 13 | |
| 97 | 115 | 13 | -8 | |
| 2.06 | 2.34 | 0.25 | -0.19 | |
| 37.1% | 36.6% | 33.3% | 34.5% | |
| 16.2% | 17.9% | 1.1% | -3.1% | |
| 15.2% | 15.5% | 2.5% | -1.8% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 870 | 1,077 | 916 | 914 |
| Cash | 176 | 188 | 156 | 90 |
| Total debt | 11 | 8 | 22 | 22 |
| Total liabilities | 287 | 359 | 193 | 238 |
| 583 | 718 | 723 | 676 | |
| 48 | 50 | 50 | 42 | |
| 14.9% | 14.7% | 1.6% | -0.5% | |
| 16.7% | 16.0% | 1.7% | -1.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 122 | 155 | 7 | 42 | |
| 1 | 1 | 7 | 6 | |
| 121 | 155 | 0 | 36 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | 47 | 71 | |
| 13 | 18 | 27 | 31 |
Valuation
- –
- 9.4×
- –
- 0.6×
- 0.8×
- 10.2×
- 22.5×
- 9.8%
- -2.1%
- 0.0%
Profitability
- 34.5%
- -3.1%
- -1.8%
- 1.5%
- -2.0%
- 8.2%
- -1.1%
- -0.9%
- -2.1%
- 7.9%
Growth
- −11.8%
- –
- +56,868.7%
- –
- +5.2%
Financial health
- -7.5×
- 0.06
- 4.6%
- –
- 2.76
- 2.76
- 0.48
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $14.00
- Range
- $14.00 – $14.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 18, 2026 | 0.49 | 0.49 | +0.0% |
| Nov 12, 2025 | 0.28 | 0.26 | +7.7% |
| Aug 11, 2025 | 0.26 | 0.17 | +52.9% |
| May 13, 2025 | 0.11 | 0.09 | +22.2% |
| Feb 19, 2025 | 0.33 | 0.34 | −2.9% |
| Nov 6, 2024 | 0.23 | 0.22 | +4.5% |
| Jul 31, 2024 | 0.26 | 0.22 | +18.2% |
| May 8, 2024 | 0.44 | 0.44 | +0.0% |
News
Affle to acquire Perion for $420M in all-cash dealSeeking Alpha · Nov 1, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Perion Network
Is Perion Network a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Perion Network AI analysis
What does Perion Network do?
Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It is in Internet Content & Information.
Does Perion Network pay a dividend?
No. Perion Network does not pay a dividend at the moment; in 2025 it returned $71.2 million to shareholders by buying back its own shares.
Is Perion Network stock halal?
No. Perion Network does not pass our halal screen: its cash and receivables are 75% of its market value, at or above the 49% limit. How we check
How has Perion Network stock done over the past year?
Up 11.9% over the past twelve months, to $11.37. It traded between $7.71 and $11.45, close to its high.
Who are Perion Network's competitors?
The largest listed companies in the same industry are Alphabet, Meta, Tencent Holdings and Recruit. The peers table on this page compares their profit, growth and price with Perion Network's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



