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Perimeter Solutions provides specialized products for fire safety and oil additives. It develops and sells fire retardants and ZDDP-based lubricant additive components (notably P2S5) used to protect engines. The product works by enhancing fire protection capabilities and improving lubricant performance, helping engines resist wear and heat while meeting environmental standards. The company differentiates itself through a focus on high-quality, technically advanced formulations, continuous product improvement, and a strong safety culture aimed at zero incidents. Revenue comes from selling its specialized fire safety and lubricant additive products to fire departments, industrial facilities, and oil companies. The company's goal is to be the leading global provider in its industries, combining safety, environmental responsibility, and innovation, and to grow shareholder value as indicated by its NYSE listing (PRM).
Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
IPO
Headquarters
Clayton, Missouri
Founded
2018
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Total Funding
$200M
Above
Industry Average
Funded Over
3 Rounds
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Perimeter Solutions, Inc. acquired Monaco Enterprises, Inc. for $120 million on July 30, 2026.The consideration consist of total cash purchase price, net of cash acquired of $120.0 million which was...
Perimeter Solutions' Specialty Products lead 100% sales surge amid strategic Monaco acquisition. 31 July 2026, 7:53 AM Specialty Products fuel a standout quarter - Segment sales jump 100% year-over-year. Perimeter Solutions (NYSE: PRM) delivered a significant second-quarter performance, with net sales rising 31% to $213.81 million, propelled by a standout 100% jump in Specialty Products sales to $84.70 million. Fire Safety, the company's flagship segment, also grew, albeit at a modest 7%, posting sales of $129.10 million. This surge places Specialty Products firmly in the spotlight, contributing meaningfully to the company's growth trajectory. | Q2 2026 (in $M) | Q2 2025 (in $M) | % Change | | Specialty Products Sales | 84.70 | 42.40 | 100% | | Fire Safety Sales | 129.10 | 120.30 | 7% | | Total Net Sales | 213.81 | 162.64 | 31% | Adjusted EBITDA grows 16% despite GAAP Net Loss driven by one-time charges. Adjusted EBITDA for the quarter hit $105.60 million, a 16% increase from the prior year. The Specialty Products segment nearly doubled its adjusted EBITDA to $26.83 million, while Fire Safety edged up 1% to $78.76 million. However, Perimeter reported a GAAP net loss of $181.64 million - attributable largely to founders advisory fees and higher non-cash costs - contrasted with non-GAAP adjusted net income of $59.57 million and adjusted earnings per diluted share (EPS) of $0.35. | Adjusted EBITDA (Q2 2026, $M) | Q2 2025 ($M) | % Change | Segment | | 78.76 | 77.66 | 1% | Fire Safety | | 26.83 | 13.68 | 96% | Specialty Products | | 105.60 | 91.34 | 16% | Total | Recent Monaco acquisition signals focused expansion in Fire Safety. Perimeter Solutions expanded its Fire Safety portfolio with the $120 million cash acquisition of Monaco Enterprises, a U.S. government-focused provider of mission-critical life safety systems. The purchase is expected to add over $11 million in annualized adjusted EBITDA, implying an acquisition multiple of roughly 10.5x. This further cements Perimeter's strategy of accelerating growth through targeted M&A in both core and adjacent specialty verticals. Year-to-Date snapshot: strong top-line growth balances strategic costs. For the first six months of 2026, Perimeter's net sales soared 44% to $338.88 million. Specialty Products achieved 113% sales growth (to $164.40 million), while Fire Safety gained 11% (to $174.50 million). Year-to-date adjusted EBITDA reached $146.75 million, up 34%. However, non-cash and restructuring costs led to a year-to-date net loss of $108.70 million, though adjusted earnings per share held steady at $0.41, matching last year's result. Capital position reflects expansion and R&D commitment. The company ended the quarter with $82.78 million in cash, following the Monaco acquisition and $12.70 million in Q2 capital expenditures. Substantial investments in inventory, accounts receivable, and property underscore ongoing growth and operational scaling. While long-term debt increased due to expansion funding, the balance sheet reflects Perimeter's commitment to capitalize on value-creating opportunities. Key metrics table: second quarter 2026 vs. 2025. | Metric | Q2 2026 | Q2 2025 | Y/Y Change | | Net Sales ($M) | 213.81 | 162.64 | +31% | | Specialty Products Net Sales ($M) | 84.70 | 42.40 | +100% | | Fire Safety Net Sales ($M) | 129.10 | 120.30 | +7% | | GAAP Net (Loss)/Income ($M) | (181.64) | (32.16) | (Loss Widened) | | Adjusted EBITDA ($M) | 105.60 | 91.34 | +16% | | Adjusted EPS | $0.35 | $0.39 | (10%) | | Cash Balance ($M, end Q2) | 82.78 | - | Down Post-Acquisition | Conclusion: Perimeter's growth strategy puts Specialty Products and M&A in the spotlight. Perimeter Solutions' Q2 report demonstrates top-line momentum, driven by the Specialty Products segment and a strategic diversification push. While the headline net loss reflects substantial non-operational and acquisition-related charges, consistent growth in adjusted EBITDA and a steady adjusted EPS point to a business scaling with focus. Investors and industry-watchers should track integration of Monaco and further specialty growth, as Perimeter leans into operational expansion and value creation in its niche markets. Contact Information: If you have feedback or concerns about the content, please feel free to reach out to Market Chameleon via email at [email protected]. About the Publisher - Marketchameleon.com: Marketchameleon is a comprehensive financial research and analysis website specializing in stock and options markets. Market Chameleon leverage extensive data, models, and analytics to provide valuable insights into these markets. Its primary goal is to assist traders in identifying potential market developments and assessing potential risks and rewards. NOTE: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices and were not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades. You can read more about option risks and characteristics at theocc.com. The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information. Disclosure: This article was generated with the assistance of AI
Perimeter Solutions (NYSE:PRM) shares gap down following weak earnings. July 31, 2026 Key points. * Perimeter Solutions shares fell sharply after the company reported quarterly EPS of $0.35, missing the $0.43 consensus estimate, while revenue of $213.81 million also came in below expectations. * Analyst sentiment remains generally positive, with four Buy ratings and two Holds producing a "Moderate Buy" consensus and an average price target of $43, although Zacks Research and Wall Street Zen recently downgraded the stock to Hold. * Insiders sold 6.39 million shares valued at approximately $217.5 million over the past quarter, while institutional investors own 89.93% of the company. * Interested in Perimeter Solutions? Here are five stocks we like better. Perimeter Solutions, SA (NYSE:PRM - Get Free Report)'s stock price gapped down before the market opened on Friday following a weaker than expected earnings announcement. The stock had previously closed at $37.23, but opened at $31.20. Perimeter Solutions shares last traded at $30.8880, with a volume of 648,915 shares changing hands. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.08). The firm had revenue of $213.81 million during the quarter, compared to the consensus estimate of $216.89 million. Perimeter Solutions had a positive return on equity of 18.29% and a negative net margin of 26.93%. Analyst ratings changes. PRM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. started coverage on Perimeter Solutions in a research note on Thursday, July 9th. They issued an "overweight" rating and a $50.00 price objective for the company. UBS Group lifted their target price on Perimeter Solutions from $30.00 to $34.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Morgan Stanley boosted their price target on Perimeter Solutions from $35.00 to $40.00 and gave the stock an "overweight" rating in a report on Monday, May 11th. Zacks Research downgraded Perimeter Solutions from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 10th. Finally, Wall Street Zen lowered shares of Perimeter Solutions from a "buy" rating to a "hold" rating in a report on Sunday, July 12th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $43.00. Insider buying and selling at Perimeter Solutions. In other Perimeter Solutions news, CEO Haitham Khouri sold 117,511 shares of the business's stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $31.19, for a total transaction of $3,665,168.09. Following the sale, the chief executive officer directly owned 1,874,615 shares of the company's stock, valued at $58,469,241.85. The trade was a 5.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jeffrey Emery sold 53,537 shares of the company's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $33.45, for a total value of $1,790,812.65. Following the sale, the insider owned 53,537 shares in the company, valued at approximately $1,790,812.65. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,385,514 shares of company stock valued at $217,464,393 over the last quarter. 13.10% of the stock is owned by corporate insiders. Institutional investors weigh in on Perimeter Solutions. Institutional investors have recently modified their holdings of the stock. Comerica Bank increased its position in shares of Perimeter Solutions by 45.0% during the 1st quarter. Comerica Bank now owns 4,267 shares of the company's stock valued at $43,000 after purchasing an additional 1,324 shares during the last quarter. Royal Bank of Canada lifted its position in Perimeter Solutions by 100.0% in the first quarter. Royal Bank of Canada now owns 80,608 shares of the company's stock worth $812,000 after buying an additional 40,294 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Perimeter Solutions by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,546 shares of the company's stock worth $801,000 after buying an additional 3,428 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Perimeter Solutions by 4.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 328,188 shares of the company's stock worth $3,305,000 after buying an additional 14,949 shares during the period. Finally, American Century Companies Inc. purchased a new position in Perimeter Solutions during the second quarter worth $2,128,000. 89.93% of the stock is owned by institutional investors. Perimeter Solutions price performance. The company has a debt-to-equity ratio of 1.01, a current ratio of 3.09 and a quick ratio of 1.61. The firm has a market cap of $5.05 billion, a P/E ratio of -23.09 and a beta of 1.90. The stock's 50-day simple moving average is $33.95 and its two-hundred day simple moving average is $29.33. Perimeter Solutions company profile. Perimeter Solutions Ltd. NYSE: PRM is a global specialty chemicals company focused on delivering performance-driven solutions for the oil and gas, coatings, plastics, water treatment and packaging markets. Established as an independent publicly traded company in December 2019 following its spin-off from NewMarket Corporation, Perimeter Solutions has positioned itself as a leading provider of highly engineered chemical products designed to optimize upstream oil recovery, protect infrastructure and enhance the performance of industrial processes. Discover more Communications & Media Studies MarketBeat Portfolio Tools The company's core product portfolio spans several key segments. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Perimeter Solutions, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Perimeter Solutions wasn't on the list. While Perimeter Solutions currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
Medical Manufacturing Technologies (MMT) appoints Grant Bowman as President to lead the company's next chapter of growth and innovation. Grant Bowman, Appointed as New President of Medical Manufacturing Technologies (MMT) CHARLOTTE, N.C.-(BUSINESS WIRE)-Medical Manufacturing Technologies (MMT), a Perimeter Solutions company and a leading provider of precision manufacturing technologies for the medical device and advanced industrial markets, today announced the appointment of Grant Bowman as President. Bowman will guide the company's next phase of growth while continuing MMT's customer-first approach and long-standing tradition of solving complex manufacturing challenges. As MMT enters this new phase of leadership, customers can expect the same experienced teams and responsive support across the company's Catheter, Guidewire, Abrasive, and Automation Technologies, and the company's broader portfolio of solutions. Robbie Atkinson, who served as CEO and President of MMT since 2020, has elected to step down to pursue a new leadership opportunity. During his tenure, Robbie led a period of significant transformation, expanding MMT's portfolio, strengthening its strategic market position, and establishing the company as one of the industry's most comprehensive end-to-end manufacturing partners. Commenting on this transition, Atkinson stated, "It has been a privilege to lead MMT and work alongside such an incredible team. Together, we have reinforced our position as a trusted manufacturing partner to customers around the world. I am incredibly proud of what we have accomplished and grateful for the dedication of our employees, customers, and partners." He continued, "I have complete confidence in Grant's leadership. His understanding of MMT's business, customers, and markets, combined with his strategic perspective, positions MMT to build on its trajectory of expansion while strengthening customer relationships and market opportunities." Prior to his appointment as President of MMT, Grant Bowman served as Executive Vice President of Specialty Products at Perimeter Solutions, where he led strategic growth and operational excellence initiatives. He brings more than two decades of leadership experience spanning operations, finance, and business development. Following Perimeter Solutions' acquisition of MMT in January 2026, Grant has worked closely with MMT's leadership team, helping ensure a seamless transition while gaining deep insight into the company's operations and long-term strategy. "MMT has spent years earning the trust of the most demanding customers in interventional medicine, and we have everything we need to go much further," said Bowman. "My focus is on making MMT the first call our customers make when they need to solve a hard problem and ensure we have the right capabilities and the right team to deliver every time." About Medical Manufacturing Technologies Medical Manufacturing Technologies (MMT), a leading global provider of medical device manufacturing solutions, is a single-resource solution for automated process-driven medical manufacturing - streamlining complex medical device solutions with an emphasis on precision and finely tuned efficiency. The company offers process development, applications and equipment, technical solutions, and after-market support. Web: mmt-inc.com About Perimeter Solutions Perimeter Solutions (NYSE: PRM) is a leading provider of industrial products and services that support critical and complex customer missions across a range of niche applications. Perimeter's focus on superior customer service, paired with our Value Driver-focused operating strategy, decentralized operating model, and focus on driving value via capital allocation and capital structure management, fulfills our dual mandate: to serve customers and create value for stockholders. Perimeter is comprised of two segments, Fire Safety, including fire retardants and fire suppressants, and Specialty Products, which currently spans lubricant additives, electronic and electro-mechanical components, and highly engineered machinery for the medical device industry. Perimeter expects to continue expanding its portfolio through organic growth and value creating acquisitions. Web: https://www.perimeter-solutions.com/ Contacts. Media Contact Leah Davidson, Sr. Director of Corporate Marketing Medical Manufacturing Technologies (MMT) [email protected] More News From Medical Manufacturing Technologies CHARLOTTE, N.C.-( BUSINESS WIRE )-Medical Manufacturing Technologies (MMT), a leading global provider of medical device manufacturing services and solutions, proudly announces the launch of the ground-breaking, patented Glebar P5K Gauging System. Offering the fastest and most precise scanning and profiling capabilities available, combined with unparalleled ergonomic flexibility for operators, the P5K is poised to revolutionize guidewire measurement and metrology processes for medical device and... CHARLOTTE, N.C. & SAN DIEGO-( BUSINESS WIRE )-Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management and a leading global provider of medical device manufacturing solutions, today announced its acquisition of Innova Design, Inc. This acquisition further expands MMT's comprehensive suite of bonding technologies, continuing its commitment to delivering advanced solutions to medical device and industrial manufacturers worldwide. Innova Design is recognized a... CHARLOTTE, N.C. & LOS ANGELES-( BUSINESS WIRE )-Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management and a leading global provider of automated, process-driven medical device manufacturing solutions, proudly announces the acquisition of Comco, a recognized leader in the micro-precision sandblasting sector. This strategic move is set to significantly enhance MMT's abrasive technology offerings while vastly expanding its microblasting capabilities. Establ...
Solberg(R) Evolution 3% SFFF becomes first Newtonian Fluorine-Free Foam to earn fm approval. * First-of-its-kind Newtonian fluorine-free foam to secure FM 5130 approval * MIL-SPEC-approved and ICAO certified * Visit Perimeter Solutions at the NFSA North American Fire Sprinkler Expo to learn more Perimeter Solutions (NYSE: PRM), a leading global manufacturer of high-quality fire retardant and firefighting foam concentrates, has secured FM 5130 approval for SOLBERG(R) EVOLUTION 3% Synthetic Fluorine-Free Foam (SFFF), a Newtonian formulation designed for aircraft rescue and firefighting (ARFF) and sprinkler applications. This milestone establishes SOLBERG EVOLUTION 3% SFFF as the first fluorine-free foam on the Department of Defense's Qualified Products List to also hold FM approval for use in fixed sprinkler systems. This approval helps simplify the transition to fluorine-free technology for aircraft hangars, fuel storage facilities, and other fixed fire protection systems. By combining Newtonian (water-like) viscosity with FM approval, SOLBERG EVOLUTION delivers high-performance fire suppression while remaining compatible with standard sprinkler hardware. "Aviation fire protection is evolving, and so is the chemistry behind it," says Zachary Brackin, Manager - Business Development and Southern Region Sales Manager at Perimeter Solutions. "This advanced formulation delivers effective fire suppression that meets the strict performance and compliance standards set by FM, UL, ICAO, FAA and the US Department of Defense, helping customers transition to fluorine-free foam that is compatible with their existing fire protection infrastructure." Designed for fast knockdown and extinguishment of hydrocarbon fuels, including gasoline and kerosene-based fuels such as Jet A and Jet A-1, SOLBERG EVOLUTION 3% SFFF has demonstrated effective performance through both aspirated and non-aspirated standard sprinkler heads to extinguish and secure Class B hydrocarbon fuel fires. Key features include: * Newtonian (water-like) viscosity - True water-like flow characteristics simplify system engineering, hydraulic calculations, and proportioning accuracy, making system design, retrofits, and conversions more predictable. * UL 162 and FM 5130 fixed-system approvals - Approved with SOLBERG bladder tanks, foam chambers, and associated system hardware, including non-aspirated sprinkler heads. It is also designed to meet NFPA requirements for hydrocarbon fuel and critical asset protection, including aircraft hangars, JUHI facilities, and fuel storage operations. * MIL-SPEC-approved and ICAO Level B certification - Validated for aircraft rescue and firefighting (ARFF) performance under military and internationally recognized aviation fire protection standards, meeting FAA and ICAO requirements. * Material compatibility with aircraft surfaces - Tested in accordance with the Boeing Specification Support Standard (BSS 7432) for evaluation of airplane maintenance materials. * Advanced fluorine-free formulation - SOLBERG EVOLUTION contains no intentionally added per- or polyfluoroalkyl substances (PFAS). It is developed without silicone or siloxane chemistries, biopolymers, or thickening agents, and designed to be biodegradable with no persistent, bioaccumulative, and toxic (PBT) profile. "SOLBERG Evolution builds on the success of SOLBERG 3% MIL-SPEC SFFF, the first fluorine-free concentrate to be included on the Department of Defense's Qualified Products List (QPL). This formulation expands the range of approved applications, including use with standard sprinkler systems, providing another example of how SOLBERG is advancing fire suppression technology while supporting customers with environmentally responsible, high-performance solutions," says James Perriss, Director of Product Management - Global Suppressants at Perimeter Solutions. Perimeter Solutions. Perimeter Solutions is committed to total customer satisfaction by delivering complete solutions that exceed expectations. UK Fire bring the safest, most effective and environmentally friendly products along with fast, responsive, and exceptional service. UK Fire leverage a long history of technology leadership to design materials and solutions for superior ease of use, seamless supply, and best overall performance. 12/10/2022 In "Africa" 03/02/2022 In "Articles" 28/06/2022 In "Africa"
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Industries
Industrial & Manufacturing
Energy
Company Size
51-200
Company Stage
IPO
Headquarters
Clayton, Missouri
Founded
2018
Find jobs on Simplify and start your career today