Last 47 quarters of trend data · Communication Services · Internet Content & Information
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Perion Network Ltd.'s quarterly P/E stands at 12.6x, down 34.5% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 32.2% YoY to 5.7x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -56.74 | 12.61 | — | — | — | 19.25 | 45.08 | — | 23.42 | 9.89 | 11.78 | 17.83 | 20.61 |
| — | -34.5% | — | — | — | +94.6% | +282.7% | — | +13.6% | +23.6% | +29.5% | +60.9% | +21.0% | |
| P/S Ratio | 1.10 | 0.73 | 0.90 | 1.04 | 1.02 | 0.76 | 0.93 | 0.94 | 1.76 | 1.67 | 2.08 | 2.13 | 3.37 |
| — | -4.0% | -3.3% | +10.7% | -42.1% | -54.6% | -55.1% | -56.1% | -47.7% | +13.1% | +42.4% | +45.5% | +59.8% | |
| P/B Ratio | 0.67 | 0.59 | 0.58 | 0.62 | 0.51 | 0.54 | 0.53 | 0.56 | 1.52 | 2.18 | 2.29 | 2.39 | 3.20 |
| — | +8.7% | +9.9% | +10.6% | -66.3% | -75.0% | -76.9% | -76.6% | -52.6% | +2.6% | +33.1% | +41.1% | +46.9% | |
| P/FCF | 12.66 | 4.33 | 19.03 | 5.39 | — | 33.43 | 8.00 | — | 43.11 | 7.82 | 9.64 | 8.07 | 27.74 |
| — | -87.0% | +137.7% | — | — | +327.3% | -16.9% | — | +55.4% | -4.1% | +42.9% | -4.1% | +144.5% | |
| EV / EBITDA | 106.04 | 5.69 | 8223.19 | — | — | 8.39 | 81.04 | — | 18.07 | 7.89 | 9.41 | 14.45 | 16.46 |
| — | -32.2% | +10047.2% | — | — | +6.3% | +761.6% | — | +9.8% | +32.5% | +63.9% | +88.6% | +32.7% | |
| EV / EBIT | — | 8.40 | — | — | — | 4.53 | — | — | 16.87 | 7.81 | 9.80 | 9.76 | 16.42 |
| — | +85.3% | — | — | — | -42.0% | — | — | +2.8% | +33.3% | +51.7% | +15.7% | +15.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Perion Network Ltd.'s operating margin was 7.6% in Q4 2025, up 12.1 pp QoQ and up 4.4 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of -4.6% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 6.1% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.5% | 34.7% | 33.6% | 33.6% | 30.6% | 32.7% | 35.3% | 35.4% | 28.0% | 34.0% | 36.4% | 37.8% | 39.8% |
| — | +6.1% | -4.7% | -5.1% | +9.3% | -3.9% | -3.1% | -6.3% | -29.6% | -8.8% | +0.6% | +2.9% | +4.4% | |
| Operating Margin | -3.1% | 7.6% | -4.5% | -7.2% | -14.6% | 3.2% | -2.7% | -11.9% | 5.4% | 17.0% | 17.5% | 11.1% | 16.9% |
| — | +135.8% | -62.3% | +39.8% | -370.6% | -81.1% | -115.7% | -206.6% | -68.1% | -13.3% | -6.1% | -25.3% | +28.2% | |
| Net Margin | -1.8% | 5.8% | -3.7% | -3.4% | -9.3% | 3.8% | 2.1% | -5.7% | 7.5% | 16.8% | 17.7% | 12.0% | 16.4% |
| — | +52.3% | -278.5% | +41.0% | -225.3% | -77.3% | -88.3% | -147.6% | -54.5% | -8.8% | +9.8% | -9.8% | +32.8% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1.1% | 1.2% | -0.6% | -0.5% | -1.2% | 0.7% | 0.3% | -0.9% | 1.6% | 5.7% | 5.0% | 3.4% | 4.0% |
| — | +70.9% | -303.3% | +41.8% | -171.6% | -87.9% | -94.2% | -124.8% | -59.3% | -17.9% | +2.5% | -12.7% | +22.6% | |
| ROA | -0.9% | 0.9% | -0.4% | -0.4% | -0.9% | 0.5% | 0.2% | -0.6% | 1.1% | 3.9% | 3.6% | 2.4% | 2.8% |
| — | +59.3% | -293.7% | +39.1% | -182.4% | -86.0% | -93.5% | -126.1% | -59.2% | -17.2% | +3.0% | -11.4% | +26.5% | |
| ROIC | -1.7% | 1.3% | -0.6% | -0.9% | -1.7% | 0.5% | -0.4% | -1.7% | 1.2% | 5.9% | 5.2% | 3.1% | 4.1% |
| — | +142.9% | -77.1% | +43.7% | -243.8% | -90.9% | -106.8% | -152.7% | -71.5% | -24.7% | -7.8% | -21.4% | +27.9% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Perion Network Ltd.'s Debt/EBITDA ratio is 2.8x, down from 2479.4x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 20.5% YoY to 2.76x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| — | +103.3% | +2.4% | +0.5% | +233.8% | +189.7% | +156.0% | +125.0% | -46.9% | -45.9% | -33.2% | -31.4% | -33.0% | |
| Debt / EBITDA | 10.35 | 2.75 | 2479.44 | — | — | 2.90 | 29.81 | — | 0.51 | 0.17 | 0.23 | 0.40 | 0.37 |
| — | -4.9% | +8216.4% | — | — | +1558.6% | +12707.4% | — | +35.9% | -31.7% | -22.5% | -7.3% | -40.3% | |
| Current Ratio | 2.76 | 2.76 | 3.13 | 3.18 | 3.97 | 3.47 | 3.88 | 3.28 | 2.63 | 2.14 | 2.73 | 2.57 | 2.73 |
| — | -20.5% | -19.4% | -3.1% | +51.0% | +62.3% | +41.9% | +27.5% | -3.6% | -16.9% | -2.0% | -5.9% | +1.4% | |
| Quick Ratio | 2.76 | 2.76 | 3.13 | 3.18 | 3.97 | 3.47 | 3.88 | 3.28 | 2.63 | 2.14 | 2.73 | 2.56 | 2.72 |
| — | -20.5% | -19.4% | -3.1% | +51.0% | +62.3% | +42.2% | +27.8% | -3.4% | -16.9% | -2.2% | -6.1% | +1.2% | |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Perion Network Ltd.'s current P/E is -56.7x. The average P/E over the last 1 quarters is 12.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Perion Network Ltd.'s current operating margin is -3.1%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Perion Network Ltd.'s business trajectory between earnings reports.