Perion Network (PERI) Operating Expenses (2009 - 2025)

Perion Network (PERI) reported Operating Expenses of $126.7 million for Q4 2025, up 1.05% on a YoY basis from $125.4 million in Q4 2024, and up 23.79% quarter-over-quarter from $102.4 million in Q1 2025.

Perion Network (PERI) Operating Expenses (2009 - 2025) Analysis & Trends

Perion Network has reported Operating Expenses for 17 years, with the latest figure at $126.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 1.05% year-over-year to $126.7 million; the trailing twelve-month figure through Mar 2026 stood at $126.7 million (down 63.73% YoY), and the FY2025 full-year result was $454.8 million, down 9.27% from the prior year.
  • Operating Expenses for Q4 2025 stood at $126.7 million, up from $102.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $194.3 million in Q4 2023, with the low at $108809.0 in Q1 2022.
  • Historically, Operating Expenses has averaged $116.8 million across 5 years, with a median of $125.4 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses tumbled 99.87% — and 2024, when it soared 123662.91%.
  • Perion Network's Operating Expenses stood at $137.2 million in 2021, then advanced by 22.82% to $168.5 million in 2022, then rose by 15.35% to $194.3 million in 2023, then sank by 35.48% to $125.4 million in 2024, then climbed by 1.05% to $126.7 million in 2025.
  • The last three Operating Expenses figures came in at $126.7 million (Q4 2025), $102.4 million (Q1 2025), and $125.4 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 527.00 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 70.20 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 33.44 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 512.79 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 480.50 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 1.09 Bn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -209.66 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 1.60 Bn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 483.00 Mn
10 Perion Network 2.58 Bn 2.52 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 126.72 Mn
Mar 31, 2025 102.37 Mn
Dec 31, 2024 125.40 Mn
Jun 30, 2024 121.60 Mn
Mar 31, 2024 149.32 Mn
Dec 31, 2023 194.35 Mn
Sep 30, 2023 152.84 Mn
Jun 30, 2023 158.58 Mn
Mar 31, 2023 120,646.00
Dec 31, 2022 168.48 Mn
Sep 30, 2022 129.02 Mn
Jun 30, 2022 124.78 Mn
Mar 31, 2022 108,809.00
Dec 31, 2021 137.18 Mn
Sep 30, 2021 108.65 Mn
Jun 30, 2021 100.82 Mn
Mar 31, 2021 85.95 Mn
Dec 31, 2020 108.28 Mn
Sep 30, 2020 79.62 Mn
Jun 30, 2020 62.85 Mn