---
schema_version: "secwatch.filing_event.v1"
accession: "0001880319-23-000076"
form_type: "8-K"
ticker: "PRM"
cik: "0001880319"
company_name: "Perimeter Solutions, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:12:39.143537+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Perimeter Solutions Q1 net sales down 24%; adjusted EBITDA falls 74% to $3.1M

## Summary
- Net sales $43.9M (-24% YoY); net income $9.4M ($0.06 diluted EPS) vs $37.0M ($0.21) prior year.
- Fire Safety sales up 1% to $18.7M; Specialty Products down 36% to $25.1M.
- Adjusted EBITDA fell 74% to $3.1M; Fire Safety EBITDA loss $3.4M, Specialty $6.5M.
- Over $10M in share repurchases YTD 2023; management notes sequential improvement in Specialty.

## SEC filing metadata
- accession: 0001880319-23-000076
- form_type: 8-K
- ticker: PRM
- cik: 0001880319
- company_name: Perimeter Solutions, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000076/0001880319-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000076/prm-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880319-23-000076
- JSON: https://secwatch.observer/filing/0001880319-23-000076.json
- Plain text: https://secwatch.observer/filing/0001880319-23-000076.txt

## Key facts
- Earnings Releases
  Perimeter Solutions, Inc. reported first quarter ended March 31, 2023 results: revenue $43.9 million, net income $9.4 million, EPS $0.06 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $43.9 million
  - Net income: $9.4 million
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: as well as high-quality lubricant additives, today reported financial results for its first quarter ended March 31, 2023. First Quarter 2023 Results • Net sales decreased 24% to $43.9 million in the first quarter, as compared to $57.8 million in the prior year quarter. • Fire Safety sales increased 1% to $18.7 million, as compared to $18.5 million in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000076/0001880319-23-000076-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.