Company Analysis

Perion Network Ltd. (PERI)

Nasdaq: PERI · Services-Computer Programming Services · Tel Aviv, IL · filing with the SEC since 2005
Grade5.0
◀ Past 5.2● Present 5.8▶ Future 4.3
1 est.

The grade of Perion Network Ltd.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past5.225% of the headline
● Present5.835% of the headline
▶ Future4.340% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.2/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 75th percentile among 34 sector filers · read for itself

From the record

Perion Network Ltd.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.7/10

What has it actually done, year after year?

+3.9% a year over 10 filed years; profitable in 8 of 10.

weight 45% of this tense · 37th percentile among 33 sector filers · read for its customers

From the record

Perion Network Ltd.'s 10 filed years say what it did: revenue went from $313 million in fiscal 2016 to $440 million in fiscal 2025, up 3.9% a year; it rose in 5 of 9 years; the deepest fall was 41% from fiscal 2023 to fiscal 2025; net income was positive in 8 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.9%bottom 35% of its family
  • the share of years revenue rosebottom 30% of its family
  • the share of filed years with a profittop 44% of its family
  • the deepest fall from a revenue peak40.8%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.8/10

How has it treated the people who own it?

Share count shrank 4.3% a year. 0% of cash flow returned. Insiders: 10 sales, 0 purchases.

weight 33% of this tense · 58th percentile among 20 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Perion Network Ltd.'s diluted share count shrank about 4.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 10 sales and 0 purchases of their own stock on the open market in the year to 2026-10-05 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 8% of its family
  • cash returned against operating cash flowbottom 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.8/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
7.0/10

Is it financially healthy right now?

ROE -1%: lost 1¢ per shareholder dollar. Leverage 26%: owes 26¢ per asset dollar.

weight 45% of this tense · 70th percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Perion Network Ltd. lost about 1 cents for every dollar of shareholders' money. Leverage: it owed about 26 cents per dollar of assets, and net share issuance: its share count shrank 15.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 36% of its family
  • return on equitytop 50% of its family
  • the share count against the year beforetop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.9/10

How strong is its position in its industry?

bottom 39% of 33 in its family; net margin -1.8%.

weight 33% of this tense · 39th percentile among 33 sector filers · read for its customers

From the record

Perion Network Ltd.'s standing among 33 graded names in its industry family: revenue of $440 million in fiscal 2025 ranks in the top 40% by size; a net margin of -1.8% ranks in the bottom 47%; revenue growth of -11.8% a year over the last 3 filed years ranks in the bottom 11% (its annual reports).

What it rests on

  • revenue against the family$440Mtop 40% of its family
  • net margin-1.8%bottom 47% of its family
  • three-year revenue growth-11.8%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
6.4/10

What are the people in charge doing?

SI estimate 6.4/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 13 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Perion Network Ltd.'s leadership is put at 6.4 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.3/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 32 in its family for room to expand.

weight 22% of this tense · 55th percentile among 32 sector filers · read for itself

From the record

Perion Network Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of $90 million against no long-term debt tagged leaves 9.8% of its assets as net cash, top 47% of its family; cash from operations less capital spending is 8.7% of revenue (top 36%); research spending of 7.9% of revenue (bottom 48%) (its annual report).

What it rests on

  • cash less debt against assets9.8%top 47% of its family
  • cash from operations less capital spending against revenue8.7%top 36% of its family
  • research spending against revenue7.9%bottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.2/10

What could actually drive growth from here?

bottom 42% of 33 in its family for growth drivers.

weight 45% of this tense · 42nd percentile among 33 sector filers · read for its customers

From the record

Perion Network Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew -11.8% a year over the last three filed years against 3.9% over all 10, slowing (bottom 26% of its family); the newest year grew -11.7% (bottom 29%); research spending grew 0% a year (bottom 38%); capital spending grew 53.1% a year (top 24%) (its annual reports). Perion Network Ltd. reported 2 product lines in fiscal 2025: Advertising at $349 million (79%), Product and Service Other at $91 million (21%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-15.6 points a yearbottom 26% of its family
  • the newest year's revenue growth-11.7%bottom 29% of its family
  • three-year growth of research spending0.0%bottom 38% of its family
  • three-year growth of capital spending53.1%top 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.5/10

Did its newest year beat what its own record pointed to?

bottom 35% of 29 in its family for expectations against reality.

weight 33% of this tense · 35th percentile among 29 sector filers · read for its shareholders

From the record

Perion Network Ltd.'s newest year against its own record: revenue of $440 million in fiscal 2025 came in 0.1% above the $440 million its prior three years' pace pointed to (top 36% of its family); net income of $8 million against a prior three-year average of $75 million (bottom 16%); a net margin of -1.8% against 11.1% before (bottom 26%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace0.1%top 36% of its family
  • net income against the prior three years' average-111%bottom 16% of its family
  • net margin against its prior average-12.9 pointsbottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton PERI · research, not advice