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% quarter-over-quarter from $211.6 million in Q4 2025.
Perimeter Solutions (PRM) Operating Expenses (2020 - 2026) Analysis & Trends
Perimeter Solutions (PRM) has 7 years of Operating Expenses data on file, last reported at -$21.7 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at -$21.7 million, up 56.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $604.0 million (up 243.92% YoY), and the FY2025 annual result was $576.1 million, up 79.55% from the prior year.
- Operating Expenses fell to -$21.7 million in Q1 2026 per PRM's latest filing, from $211.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $286.5 million in Q3 2025 and troughed at -$49.7 million in Q1 2025.
- A 5-year average of $53.4 million and a median of $27.7 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 356.26% in 2023, then soared 3992.71% in 2024.
- A 5-year view of Operating Expenses shows it stood at $56.3 million in 2022, then sank by 50.91% to $27.7 million in 2023, then slumped by 170.23% to -$19.4 million in 2024, then soared by 1189.2% to $211.6 million in 2025, then sank by 110.26% to -$21.7 million in 2026.
- Business Quant data shows PRM's Operating Expenses at -$21.7 million in Q1 2026, $211.6 million in Q4 2025, and $286.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 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 | 78.87 Bn | 78.66 Bn | 2.78 Bn | 1.97 Bn |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 1.08 Bn |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 248.80 Mn |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 1.10 Bn |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 599.00 Mn |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 302.00 Mn |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 6.96 Bn |
| 10 | Perimeter Solutions | 5.82 Bn | 5.72 Bn | 50.79 Mn | -21.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |