{"schema_version":"secwatch.filing_event.v1","accession":"0001880319-23-000021","form_type":"8-K","ticker":"PRM","cik":"0001880319","company_name":"Perimeter Solutions, Inc.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.321621+00:00","generated_at":"2026-06-18T22:50:54.309465+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Perimeter Solutions Q4 net loss $60.4M; full year Adj. EBITDA down 11%; restates prior periods","bullets":["Full year net sales $360.5M (-1% YoY); Fire Safety sales -13%, Specialty Products +32%.","Full year net income $91.8M vs loss $661.5M prior year; Adjusted EBITDA $125.4M (-11% YoY).","Q4 net sales $41.3M (-10% YoY); Q4 Adjusted EBITDA $2.1M (-69% YoY).","Restating unaudited Q2 and Q3 2022 financials due to errors in share-based compensation and inventory amortization.","Repurchased ~5.5M shares in Q4 at avg $7.55; ~6.4M shares in full year at avg $7.65."],"urls":{"canonical":"https://secwatch.observer/filing/0001880319-23-000021","json":"https://secwatch.observer/filing/0001880319-23-000021.json","markdown":"https://secwatch.observer/filing/0001880319-23-000021.md","text":"https://secwatch.observer/filing/0001880319-23-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1880319/000188031923000021/0001880319-23-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1880319/000188031923000021/prm-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:50:54.309465+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"050892142c7da6a6bfb2bb2f407d64e3d27e00a2","claim":"Perimeter Solutions, Inc. reported For the full year ended December 31, 2022 results: revenue Full year net sales decreased 1% to $360.5 million, net income Full year net income was $91.8 million, EPS $0.52 per diluted share.","evidence_excerpt":"Full Year 2022 Results • Full year net sales decreased 1% to $360.5 million, as compared to $362.3 million in the prior year. • Fire Safety sales decreased 13% to $226.6 million, as compared to $261.2 million in the prior year. • Specialty Products sales increased 32% to $133.9 million, as compared to $101.2 million in the prior year. • Full year net income was $91.8 million, or $0.52 per diluted share, an increase of $753.3 million from a net loss of $661.5 million, or $(9.70) per diluted share in the prior year. • Full year Adjusted EBITDA decreased 11% to $125.4 million, as compared to $141.4 million in the prior year. • Fire Safety Adjusted EBITDA decreased 34% to $77.4 million, as compared to $117.9 million in the prior year. • Specialty Products Adjusted EBITDA increased 104% to $48.0 million, as compared to $23.6 million in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1880319/000188031923000021/0001880319-23-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the full year ended December 31, 2022"},{"label":"Revenue","value":"Full year net sales decreased 1% to $360.5 million"},{"label":"Net income","value":"Full year net income was $91.8 million"},{"label":"EPS","value":"$0.52 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f36833c07ba510ac5663c9418b7cd39f5bf76935","claim":"Perimeter Solutions, Inc. reported For the fourth quarter ended December 31, 2022 results: revenue Net sales decreased 10% to $41.3 million, net income Net loss during the fourth quarter was $60.4 million, EPS $(0.38) per share.","evidence_excerpt":"Fourth Quarter 2022 Results • Net sales decreased 10% to $41.3 million in the fourth quarter, as compared to $45.9 million in the prior year quarter. • Fire Safety sales decreased 18% to $19.6 million, as compared to $23.9 million in the prior year quarter. • Specialty Products sales decreased 1% to $21.7 million, as compared to $22.0 million in the prior year quarter. • Net loss during the fourth quarter was $60.4 million, or $(0.38) per share, a decrease of $630.8 million from a net loss of $691.2 million, or $(6.12) per diluted share in the prior year quarter. • Adjusted EBITDA decreased 69% to $2.1 million in the fourth quarter, as compared to $6.8 million in the prior year quarter. • Fire Safety Adjusted EBITDA decreased 420% to $(3.9) million, as compared to $1.2 million in the prior year quarter. • Specialty Products Adjusted EBITDA increased 7% to $6.0 million, as compared to $5.6 million in the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1880319/000188031923000021/0001880319-23-000021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"For the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"Net sales decreased 10% to $41.3 million"},{"label":"Net income","value":"Net loss during the fourth quarter was $60.4 million"},{"label":"EPS","value":"$(0.38) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}