---
schema_version: "secwatch.filing_event.v1"
accession: "0001880319-23-000096"
form_type: "8-K"
ticker: "PRM"
cik: "0001880319"
company_name: "Perimeter Solutions, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:36:38.515298+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Perimeter Solutions Q2 net sales down 25% to $76.1M; Adj EBITDA down 41% to $21.0M

## Summary
- Net sales $76.1M, down 25% YoY; Adj EBITDA $21.0M, down 41% YoY.
- Fire Safety segment sales $53.1M, down 20% YoY; Adj EBITDA $16.5M, down 32%.
- Specialty Products sales $23.0M, down 33% YoY; Adj EBITDA $4.5M, down 61%.
- GAAP net income $52.0M ($0.31/diluted) vs $8.9M ($0.05) prior year.
- Over $26M in share repurchases during Q2 2023.

## SEC filing metadata
- accession: 0001880319-23-000096
- form_type: 8-K
- ticker: PRM
- cik: 0001880319
- company_name: Perimeter Solutions, Inc.
- filed_at: 2023-08-03T23:59:59+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/1880319/000188031923000096/0001880319-23-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000096/prm-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880319-23-000096
- JSON: https://secwatch.observer/filing/0001880319-23-000096.json
- Plain text: https://secwatch.observer/filing/0001880319-23-000096.txt

## Key facts
- Earnings Releases
  Perimeter Solutions, Inc. reported year-to-date 2023 results: revenue $120.0 million, net income $61.4 million, EPS $0.36 per diluted share.
  - Period: year-to-date 2023
  - Revenue: $120.0 million
  - Net income: $61.4 million
  - EPS: $0.36 per diluted share
  - Result: reported results
  source text: Specialty Products Adjusted EBITDA decreased 61% to $4.5 million, as compared to $11.5 million in the prior-year quarter. Year-to-Date 2023 Results • Net sales decreased 24% to $120.0 million during the year-to-date period, as compared to $158.7 million in the prior-year period. • Fire Safety sales decreased 15% to $71.9 million, as compared to $85.0 million in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000096/0001880319-23-000096-index.htm
- Earnings Releases
  Perimeter Solutions, Inc. reported fiscal quarter ended June 30, 2023 results: revenue $76.1 million, net income $52.0 million, EPS $0.31 per diluted share.
  - Period: fiscal quarter ended June 30, 2023
  - Revenue: $76.1 million
  - Net income: $52.0 million
  - EPS: $0.31 per diluted share
  - Result: reported results
  source text: well as high-quality specialty chemicals, today reported financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Results • Net sales decreased 25% to $76.1 million in the second quarter, as compared to $101.0 million in the prior-year quarter. • Fire Safety sales decreased 20% to $53.1 million, as compared to $66.6 million in the prior-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000096/0001880319-23-000096-index.htm

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