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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |