---
schema_version: "secwatch.filing_event.v1"
accession: "0001880319-24-000043"
form_type: "8-K"
ticker: "PRM"
cik: "0001880319"
company_name: "Perimeter Solutions, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:12:17.469228+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Perimeter Solutions Q1 net sales up 35%, Adj EBITDA +289%; net loss widens to $82.6M

## Summary
- Net sales $59.0M (+35% YoY); Fire Safety $25.2M (+34%), Specialty Products $33.9M (+35%).
- Adjusted EBITDA $12.1M (+289% vs $3.1M); Fire Safety loss improved to $0.2M from $3.4M loss.
- Net loss $82.6M ($0.57 diluted EPS) vs prior year net income $9.4M ($0.06); swing of $92M.
- Repurchased 3 million shares in Q1 at average price of $4.79.
- No forward guidance provided in the release.

## SEC filing metadata
- accession: 0001880319-24-000043
- form_type: 8-K
- ticker: PRM
- cik: 0001880319
- company_name: Perimeter Solutions, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1880319/000188031924000043/0001880319-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880319/000188031924000043/prm-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880319-24-000043
- JSON: https://secwatch.observer/filing/0001880319-24-000043.json
- Plain text: https://secwatch.observer/filing/0001880319-24-000043.txt

## Key facts
- Earnings Releases
  Perimeter Solutions, Inc. reported first quarter ended March 31, 2024 results: revenue $59.0 million, net income Net loss during the first quarter was $82.6 million, EPS $0.57 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $59.0 million
  - Net income: Net loss during the first quarter was $82.6 million
  - EPS: $0.57 per diluted share
  - Result: reported results
  source text: phosphorus-based specialty chemicals, today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Results • Net sales increased 35% to $59.0 million in the first quarter, as compared to $43.9 million in the prior year quarter. • Fire Safety sales increased 34% to $25.2 million, as compared to $18.7 million in the prior year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1880319/000188031924000043/0001880319-24-000043-index.htm

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