Growth Metrics

Perimeter Solutions (PRM) Operating Expenses (2020 - 2026)

Perimeter Solutions (PRM) reported Operating Expenses of -$21.7 million for Q1 2026, up 56.3% year-over-year from -$13.9 million in Q1 2025, and down 110.26% on a QoQ basis from $211.6 million in Q4 2025.

Perimeter Solutions (PRM) has 7 years of Operating Expenses data on file, last reported at -$21.7 million in Q1 2026.

  • Quarterly Operating Expenses rose 56.3% year-over-year to -$21.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $604.0 million (up 243.92% YoY) and the FY2025 annual result came in at $576.1 million, up 79.55% from the prior year.
  • Operating Expenses retreated to -$21.7 million in Q1 2026 per PRM's latest filing, from $211.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $286.5 million in Q3 2025 and bottomed at -$49.7 million in Q1 2025.
  • The 5-year median for Operating Expenses is $27.7 million (2023), against an average of $53.4 million.
  • The widest annual swing landed in 2023, when Operating Expenses slumped 356.26%; it then jumped 3992.71% in 2024.
  • Tracing PRM's Operating Expenses over 5 years: stood at $56.3 million in 2022, then tumbled by 50.91% to $27.7 million in 2023, then plunged by 170.23% to -$19.4 million in 2024, then jumped by 1189.2% to $211.6 million in 2025, then tumbled by 110.26% to -$21.7 million in 2026.
  • Per Business Quant, the three latest PRM Operating Expenses figures stand at -$21.7 million (Q1 2026), $211.6 million (Q4 2025), and $286.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Linde 230.79 Bn 226.84 Bn 4.26 Bn 931.00 Mn
2 Chemical & Mining Co Of Chile 127.66 Bn 124.93 Bn 778.60 Mn -48.90 Mn
3 Sherwin Williams 72.51 Bn 72.30 Bn 2.78 Bn 1.97 Bn
4 Ecolab 70.96 Bn 70.34 Bn 1.85 Bn 1.08 Bn
5 Air Products & Chemicals 62.15 Bn 63.70 Bn 987.40 Mn 248.80 Mn
6 Ppg Industries 25.04 Bn 23.57 Bn 1.66 Bn 1.10 Bn
7 LyondellBasell Industries 21.62 Bn 21.73 Bn 701.00 Mn 6.96 Bn
8 Albemarle 20.26 Bn 19.42 Bn 500.97 Mn -
9 DuPont de Nemours 19.45 Bn 19.56 Bn 602.00 Mn 302.00 Mn
10 Perimeter Solutions 4.91 Bn 4.82 Bn 50.79 Mn -21.70 Mn

Historic Data

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DateValue
Mar 31, 2026 -21.70 Mn
Dec 31, 2025 211.56 Mn
Sep 30, 2025 286.46 Mn
Jun 30, 2025 127.72 Mn
Mar 31, 2025 -49.65 Mn
Dec 31, 2024 -19.42 Mn
Sep 30, 2024 216.46 Mn
Jun 30, 2024 28.25 Mn
Mar 31, 2024 95.57 Mn
Dec 31, 2023 27.66 Mn
Sep 30, 2023 42.67 Mn
Jun 30, 2023 -34.02 Mn
Mar 31, 2023 -2.46 Mn
Dec 31, 2022 56.33 Mn
Sep 30, 2022 -44.38 Mn
Jun 30, 2022 13.28 Mn
Mar 31, 2022 -26.64 Mn
Sep 30, 2021 28.92 Mn
Jun 30, 2021 32.02 Mn
Mar 31, 2021 22.49 Mn
Dec 31, 2020 24.68 Mn
Sep 30, 2020 22.04 Mn