Perion Network (PERI) Company Report

Perion is leveraging its AI-driven Perion One Platform to address the complexity of digital advertising, enabling brands to manage media investments across various channels efficiently.
The company is observing a significant shift in advertiser focus towards ROI-driven performance over brand awareness, with Perion repositioning its offerings, including Outmax and SODA, to be outcome-driven.
Perion reported strong growth in key segments, with Connected TV (CTV) growing 75% year-over-year in Q3 and retail media growing 40% in Q3.
Perion has increased its share buyback program to $200 million, with $125 million expected to be completed by the end of the current year, alongside plans for internal investment and synergetic acquisitions.
For 2026, Perion aims for a "year of acceleration," focusing on ex-TAC growth and improving efficiency by scaling revenue through technology rather than increasing headcount.

4 days ago

Transcript

Perion CEO Highlights AI-Driven Platform, Growth, and Share Buyback

PERI

Product Launch

Revenue Acceleration/Inflection

Share Buyback

Perion's CEO, Tal Jacobson, emphasized the company's AI-driven Perion One platform as a solution to simplify digital advertising for high-tier brands by unifying various channels and technologies. The company is strategically shifting towards outcome-driven advertising, prioritizing sales and ROI over brand awareness.
The company reported strong growth in key segments, with CTV growing 75% year-over-year in Q3 and retail media growing 40% in Q3. Perion also launched a digital out-of-home player, positioning itself as a full-stack operator in this market.
Financially, Perion is focused on ex-TAC growth and efficiency, aiming to scale revenue faster than costs through automation and technology.
Perion increased its share buyback program to $200 million, with $125 million expected to be completed by the end of 2025.

4 days ago

Transcript

Perion Discusses AI-Driven Platform, Growth Segments, and Capital Allocation

PERI

Product Launch

Revenue Acceleration/Inflection

Share Buyback

Perion is leveraging its AI-driven Perion One platform to unify digital advertising channels, addressing industry inefficiency and driving performance for advertisers.
The company is strategically aligning with the market shift towards ROI-driven advertising, with its platforms and algorithms focused on delivering measurable sales outcomes.
Perion reported strong growth in key segments, with CTV growing 75% year-over-year in Q3 and Retail Media growing 40% in Q3. The company also launched a Digital Out-of-Home player to capture a larger share of that growing market.
Financially, Perion aims for ex-TAC growth and improved efficiency, evidenced by a 63% increase in Q3 EBITDA. The company also announced an increased share buyback program of $200 million, with $125 million expected to be completed by year-end.

4 days ago

Transcript

Perion Network Ltd. Integrates Perion One Platform with Amazon DSP

PERI

Product Launch

New Projects/Investments

On December 8, 2025, Perion Network Ltd. announced the integration of its Perion One Platform with Amazon DSP.
This collaboration enables advertisers to leverage Amazon's first-party insights with Perion's AI-powered creative optimization solution to drive stronger measurable performance.
Perion's CEO, Tal Jacobson, stated that this integration will accelerate the company's ability to serve commerce-centric and retail brands, where attribution and ROI accountability are critical.
The integration is considered a milestone in Perion's growth roadmap and long-term strategy to scale the Perion One platform, expanding access to commerce-oriented budgets.

5 days ago

6-K

Perion Network Ltd. Announces Annual General Meeting Agenda and Proposals

PERI

Executive Compensation

Board Change

Share Buyback

Perion Network Ltd. will hold its Annual General Meeting of Shareholders on December 18, 2025, in Tel Aviv, Israel.
The agenda includes the re-election of directors Mr. Eyal Kaplan and Mr. Amir Guy, the renewal of the compensation policy for directors and officers, and the reappointment of Kost Forer Gabbay & Kasierer as independent public auditors for the year ending December 31, 2025.
Shareholders will vote on a proposed grant of Restricted Share Units (RSUs) to CEO Mr. Tal Jacobson, valued at approximately $4.8 million assuming maximum performance share unit (PSU) achievement, which would represent 1.2% of the Company's issued and outstanding ordinary shares as of November 5, 2025, if all performance criteria are met. This vote is binding under Israeli law.
As of November 5, 2025, the Company's share dilution rate was 9.9% on a fully diluted basis, and it has repurchased 11,333,815 ordinary shares under its share repurchase program.
The Board strongly recommends voting against a proposed amendment to the Company's Articles of Association that would require shareholder approval for any future adoption of a shareholder rights plan.

Nov 13, 2025, 9:05 PM

6-K

Perion Announces Q3 2025 Results and Strategic Updates

PERI

Earnings

Guidance Update

Share Buyback

PERI reported Q3 2025 Revenue of $110.5 million, an 8% year-over-year (YoY) growth, with Adjusted EBITDA reaching $12.1 million, a 63% YoY increase, and Diluted Non-GAAP EPS of $0.28.
The company's growth engines demonstrated strong performance in Q3 2025, with CTV revenue growing 75% YoY to $16.6 million, Retail Media revenue increasing 40% YoY to $29.4 million, and DOOH revenue up 26% YoY to $24.1 million.
PERI's partnership with InMedia360 for Ford Turkey achieved 12 points improvement in viewability, a 33% reduction in carbon intensity, and a 22% drop in CPM through AI-based carbon-aware bidding. The company also launched its Perion One strategy and acquired AI-first company Greenbids in FY 2025 to enhance optimization and performance.
The share repurchase program accumulated $94.2 million in spend by Q3 2025, with a current plan of $125 million expected to complete by year-end 2025, and a $75 million expansion planned for 2026. PERI reiterated its FY 2025 guidance for Revenue between $430-450 million and Adjusted EBITDA between $44-46 million.

Nov 12, 2025, 1:30 PM

Presentation

Perion Network Reports Q3 2025 Results and Expands Share Repurchase Program

PERI

Earnings

Share Buyback

Revenue Acceleration/Inflection

Perion Network reported Q3 2025 revenue of $110.5 million, an 8% year-over-year increase, and adjusted EBITDA of $12.1 million, a 63% year-over-year increase, marking the first year-over-year growth in both revenue and contribution ex-TAC since Q1 2024.
The company's key growth engines, CTV, retail media, and Digital Out-of-Home, achieved year-over-year growth of 75%, 40%, and 26% respectively, with these channels now comprising 37% of total revenue.
Perion expanded its share repurchase program by an additional $75 million to a total of $200 million, reflecting confidence in its long-term value and cash generation.
The company reiterated its full-year 2025 guidance for revenue at $430-$450 million and adjusted EBITDA at $44-$46 million.

Nov 12, 2025, 1:30 PM

Transcript

Perion Network Reports Strong Q3 2025 Results and Expands Share Repurchase Program

PERI

Earnings

Guidance Update

Share Buyback

Perion Network reported Q3 2025 revenue of $110.5 million, an 8% year-over-year increase, and adjusted EBITDA of $12.1 million, up 63% year-over-year. This marks the first year-over-year revenue and contribution ex-TAC growth since Q1 2024.
The company's key growth engines demonstrated strong performance, with CTV revenue growing 75%, retail media revenue growing 40%, and digital out-of-home revenue growing 26% year-over-year.
Perion launched new strategic products including Outmax, which unifies AI algorithms for media outcomes, Soda, an AI monetization engine for publishers, and a Digital Out-of-Home Player to complete its full-stack marketing operating system.
The share repurchase program was expanded by an additional $75 million, bringing the total authorization to $200 million, reflecting confidence in Perion's long-term value and cash generation.
Perion reiterated its full-year 2025 guidance for revenue between $430 million and $450 million and adjusted EBITDA between $44 million and $46 million.

Nov 12, 2025, 1:30 PM

Transcript

Perion Network Reports Strong Q3 2025 Results, Expands Share Repurchase, and Launches New Products

PERI

Earnings

Share Buyback

Product Launch

Perion Network reported Q3 2025 revenue of $110.5 million, an 8% year-over-year increase, and adjusted EBITDA of $12.1 million, up 63% year-over-year.
Key growth engines demonstrated strong performance in Q3 2025, with CTV revenue up 75%, retail media up 40%, and digital out-of-home up 26% year-over-year.
The company expanded its share repurchase authorization by an additional $75 million, increasing the total program to $200 million, and repurchased 800,000 shares for $7.5 million in Q3 2025.
Perion launched new strategic products including Outmax, Soda, and the Digital Out-of-Home Player as part of its Perion One vision to unify its technology offerings.
Perion reiterated its full-year 2025 guidance, projecting revenue between $430 million and $450 million and adjusted EBITDA between $44 million and $46 million.

Nov 12, 2025, 1:30 PM

Transcript

Perion Network Ltd. Reports Third Quarter 2025 Results

PERI

Earnings

Share Buyback

Guidance Update

Perion Network Ltd. reported Q3 2025 revenue of $110.5 million, an 8% year-over-year increase, with Contribution ex-TAC at $51.0 million, up 7% year-over-year. Adjusted EBITDA increased by 63% year-over-year to $12.1 million, and Non-GAAP Diluted EPS was $0.28, a 22% year-over-year increase.
The company's growth engines showed strong performance, with CTV revenue increasing 75% year-over-year to $16.6 million, DOOH revenue rising 26% year-over-year to $24.1 million, and Retail Media vertical revenue growing 40% year-over-year to $29.4 million.
Perion's Board of Directors approved an expansion of the share repurchase program by an additional $75 million, bringing the total authorization to $200 million. During Q3 2025, the company repurchased 0.8 million shares for $7.5 million.
The company reiterated its full-year 2025 outlook, expecting revenue between $430 million and $450 million and Adjusted EBITDA between $44 million and $46 million.