Perimeter Solutions' Q1 net sales surge 74%

Perimeter Solutions

06/05/2026 11:08

Overview

Industrial products provider's Q1 net sales rose 74% yr/yr, driven by acquisitions and segment growth

Adjusted EPS for Q1 doubled to $0.06 from $0.03 a year earlier

Company completed $682.3 mln acquisition of Medical Manufacturing Technologies in January

Outlook

Company did not provide specific guidance for the current quarter or full year

Result Drivers

SPECIALTY PRODUCTS GROWTH - Segment net sales rose 128% yr/yr, driven by the inclusion of Medical Manufacturing Technologies acquisition

FIRE SAFETY SEGMENT - Segment net sales increased 22% yr/yr, contributing to overall revenue growth

ACQUISITION IMPACT - Recent acquisitions, including MMT, cited as drivers of Q1 Adjusted EBITDA growth

Company press release: ID:nGNX65W0xD

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$125.10 mln
$121.80 mln (1 Analyst)
Q1 Adjusted EPS
Beat
$0.06
$0.02 (2 Analysts)
Q1 EPS
$0.44
Q1 Net Income
$72.90 mln
Q1 Adjusted EBITDA
Beat
$41.20 mln
$33.63 mln (1 Analyst)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialty chemicals peer group is "buy"

Wall Street's median 12-month price target for Perimeter Solutions Inc is $32.50, about 7.7% above its May 5 closing price of $30.18

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 21 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)