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← CockpitCompetitor Analysis › PERI Perion Network LtdOpen in the cockpit ↗

Perion Network LtdPERICompetitor analysis, valuation and peers

United States · USD·Information Technology›Internet Software/Services
Momentum leader 86
Mkt cap
$370M
US dollars, full cap
Free float
93%
of shares outstanding
$/day
$9.22M
20-day average traded
Fwd P/E
8.2×
forward earnings
ROIC−WACC
-12.4 pp
WACC 8.8%
Hurdle
-26 pp
Req g minus delivered
Next earnings
10 days
16 Nov 2026
Close · USD$11.39
1D-0.2%
1W+30.9%
1M+30.3%
3M+16.1%
6M+3.0%
YTD+18.9%
1Y+23.0%
ATR %2.8%
Beta0.57
52w lowhigh0.6% off high

What Perion Network does

Employees: 511

Perion Network at a glance

Size Perion Network (PERI) is a United States Information Technology company (Internet Software/Services) with a market value of $370M, the 2921st largest of 3,117 United States companies the cockpit tracks. Shares closed at $11.39 on 6 Nov 2026.

Performance Over six months the shares gained 3.0%, against -6.7% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.

Growth Revenue grew 2.9% over the last twelve months (peer median +8.4%); the operating margin is -4.0% (peer median 2.6%).

Valuation It trades at 8.2× forward earnings against a peer median of 18.1× (3rd cheapest of 11).

Price implies For today's price to make sense, revenue must grow about -20% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -26 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 12.4 points below its cost of capital (8.8% WACC).

Short interest Short interest is 3.1% of the free float (15 Oct 2026).

Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026PERI 106Peer median 92
Six months, rebased to 100: Perion Network against the median of its 20 peers (local-currency closes).

Perion Network financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$436M$440M$498M$743M$640M
Revenue growth—-12%-33%+16%—
Gross profit$128M$134M$149M$258M$223M
EBITDA$2.59M$4.10M$21.8M$147M$123M
Net income-$12.9M-$7.93M$12.6M$115M$99.2M
Free cash flow$37.9M$38.1M$67,000$155M$121M
Capital expenditure$8.97M$5.74M$6.87M$811,000$1.06M
Total debt$22.1M$22.4M$22.3M$7.65M$11.5M

Quarterly statements and history in the cockpit →

Perion Network competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-25%0%+25%3491SOHU3009876183GIBO30129952436608ZIP3009377366TBLAJUSTDIAL26874819SDRJMIACARSPERI6-month return →1-month return →
Up and to the right = strong over both horizons. Perion Network is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%0×50×100×3491524373662326TBLAJUSTDIAL4819SDRCARSPERIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Perion Network is the large dot.

Capital: growth delivered against growth the price implies

0%+200%+400%+600%+800%0%250%500%750%3009876183ZIP7366TBLAPERIGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Perion Network is the large dot.

Perion Network competitors and peer comparison

How Perion Network compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Perion Network against its 20 peers (data as of 6 Nov 2026)
MeasurePERIPeer medianRank in peer set
1-month return+30.3%-2.8%3rd highest of 21
6-month return+3.0%-6.7%8th highest of 21
Distance from 52-week high-0.6%-36.4%highest of 21
Revenue growth (TTM)+2.9%+8.4%8th lowest of 21
Operating margin-4.0%2.6%5th lowest of 20
Forward P/E8.2×18.1×3rd cheapest of 11
Growth the price implies (Req g, 7 yrs)-19.5%12.6%least demanding of 13
Growth delivered (Del g)+6.0%+9.7%3rd lowest of 13
Hurdle (Req g minus delivered)-25.6 pp-0.7 pp3rd least demanding of 13
ROIC minus cost of capital-12.4 pp-5.4 pp4th lowest of 15
Net debt / EBITDA-95.3×-0.7×least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Perion Network PERIUnited States$370M+3%+3%-4%8.2×-19.5%+6.0%
GA technologies 3491.TJapan$375M-6%+28%2%10.9×n/an/a
Sohu.com Limited Sponsored ADR SOHUUnited States$361M-12%+9%-7%n/an/an/a
Sichuan Newsnet Media (Group) 300987.SZChina$386M-13%-13%3%n/a16.2%+9.6%
Trade-Van Information Services 6183.TWTaiwan$406M-3%+8%26%n/a-4.7%+7.7%
GIBO GIBOUnited States$428M+412%-100%n/an/an/an/a
Sublime China Information 301299.SZChina$318M-35%+10%19%n/a9.0%+10.4%
note 5243.TJapan$315M+5%+32%19%101.5×18.7%+22.1%
Bairong 6608.HKHong Kong$311M-27%-29%-26%n/an/an/a
ZipRecruiter ZIPUnited States$309M+4%0%0%n/a45.4%+1.4%
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical 300937.SZChina$304M-24%+4%0%n/an/an/a
LITALICO 7366.TJapan$455M+67%+17%13%18.6×8.8%+107.1%
Digital Arts 2326.TJapan$461M-8%+17%47%17.6×-10.9%+9.7%
Taboola.com TBLAUnited States$540M-62%+2%4%7.3×-7.3%+753.1%
Zhejiang NetSun 002095.SZChina$583M-5%-2%-2%n/a20.0%+6.6%
Just Dial JUSTDIAL.NSIndia$610M+24%+9%25%10.9×n/an/a
Shanghai Able Digital Science&Tech 2687.HKHong Kong$612M-50%+19%10%20.6×n/an/a
Digital Garage 4819.TJapan$654M-10%+4%-6%61.2×30.0%+7.1%
SiteMinder SDR.AXAustralia$666M+14%+19%-2%94.9×21.9%+21.4%
Jumia Technologies AG Sponsored ADR JMIAUnited States$676M-29%+27%-27%n/an/an/a
Cars.com CARSUnited States$715M+14%+1%11%6.2×5.7%+5.7%

Questions

Which companies are Perion Network's closest peers?
The cockpit's peer set: GA technologies (3491.T), Sohu.com Limited Sponsored ADR (SOHU), Sichuan Newsnet Media (Group) (300987.SZ), Trade-Van Information Services (6183.TW), GIBO (GIBO), Sublime China Information (301299.SZ), note (5243.T), Bairong (6608.HK).
Is Perion Network expensive compared with its peers?
On forward p/e it trades at 8.2× against a peer median of 18.1×, 3rd cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about -20% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is -26 pp: the price already allows for a slowdown.
How has Perion Network stock performed?
Over six months to 6 Nov 2026 the shares returned +3.0% against -6.7% for the median peer; over one year +23.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.