Perion’s Q4 adjusted EBITDA rose 53% YoY to USD 24.3 million

Reuters
Feb 18
Perion’s Q4 adjusted EBITDA rose 53% YoY to USD 24.3 million

Perion (PERI) reported Q4 2025 results with total revenue of USD 137.14 million (+6% YoY), including Advertising Solutions revenue of USD 111.00 million (+7%) and Search Advertising revenue of USD 26.16 million (+3%). Contribution ex-TAC was USD 65.20 million (+19%), and Adjusted EBITDA was USD 24.27 million (+53%). GAAP net income was USD 7.96 million (+61%), while operating cash flow was USD 21.80 million (up 4.03x) and adjusted free cash flow was USD 20.72 million (up 3.8x). Q4 channel revenue included DOOH of USD 35.80 million (+28%) and CTV of USD 25.10 million (+59%). For FY 2025, Perion posted total revenue of USD 439.93 million (-12%), Contribution ex-TAC of USD 203.44 million (-4%), and Adjusted EBITDA of USD 45.21 million (-12%). GAAP net loss was USD 7.93 million. Operating cash flow was USD 41.93 million (up 5.04x) and adjusted free cash flow was USD 40.15 million (+142%). The company ended 2025 with net cash of USD 312.90 million and said it repurchased 7.7 million shares for USD 71.20 million during 2025 (USD 23.94 million in Q4 for 2.5 million shares). Perion provided FY 2026 guidance for Contribution ex-TAC of USD 215.00 million to USD 235.00 million and Adjusted EBITDA of USD 50.00 million to USD 54.00 million, and introduced 2028 targets including at least 20% 3-year CAGR in Contribution ex-TAC for the Perion One platform and a consolidated Adjusted EBITDA-to-Contribution ex-TAC margin of 28% by 2028. Business updates for the period included continued rollout of the Perion One platform and Outmax (its AI execution agent), the acquisition of Greenbids, and expanded partnerships/integrations with Amazon DSP, Walmart Connect and Mastercard.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perion Network Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602180700BIZWIRE_USPR_____20260218_BW645597) on February 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10