Perion Network Ltd. (PERI) Earnings Call Transcripts
Perion Network Ltd.'s Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Perion Network Ltd. reported revenue of $90.4 million, reflecting a 1% increase year-over-year, while adjusted EBITDA decreased to $0.5 million from $1.8 million in the prior year. The company maintained its full-year guidance despite macroeconomic headwinds, signaling confidence in the growth of its Perion One platform and the Outmax AI agent. Management highlighted a 6% increase in total Perion One spend, driven by strong growth in CTV and digital out-of-home channels, which outpaced the broader market.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $90.4 million (beat) |
| Adjusted EBITDA | $0.5 million (miss) |
| Contribution ex-TAC | $39.7 million (inline) |
| Cash Flow from Operations | $6.7 million (miss) |
| Net Loss | $10 million (negative) |
| Total Perion One Spend Growth | 6% (positive) |
Guidance from management
Management maintained its full-year 2026 guidance, expecting continued momentum in the second half of the year driven by the adoption of Outmax and strategic partnerships.
What management said
Yes. Thank you, Andrew. Yes. So you saw Outmax, AI agent technology that we have grew by over 300%. The main thing and our main advantage is we're the only technology out there that can perform this across both CTV, web and social with closed gardens, which is a major advantage to have only 1 AI agent technology and infrastructure that can run across all those channels, all those platforms is a major, major advantage...
Yes. Absolutely. Thank you for your question. So the main idea is how do we streamline our growing pipeline towards conversion. So we're flattening our organization, as I said, part of the call that Steven Yap is transitioning out of his role and we're eating the organization to make it more streamlined and more efficient. We're also introducing a lot of new AI capabilities to the sales team, especially a new capab...
What analysts pressed on
Analysts expressed concerns regarding the impact of macroeconomic conditions on advertiser spending, particularly in the CPG sector. There were also questions about the effectiveness of the company's transition away from web advertising and the implications for future growth.
Main topics on the call
- Growth in Perion One Spend — Total Perion One spend increased by 6% year-over-year, indicating strong adoption of the platform. Management noted, "We are seeing a significant increase in spend across our core growth engines and the adoption of Perio...
- Outmax AI Agent Performance — Outmax, the company's AI agent technology, grew by over 300% year-over-year, showcasing its competitive advantage. Tal Jacobson stated, "We're the only technology out there that can perform this across both CTV, web and ...
- Macro Headwinds Impact — Management acknowledged ongoing macroeconomic challenges, particularly in the CPG sector, affecting advertiser spending. Elad Tzubery remarked, "We see the inflation in the oil prices...caused some uncertainty in terms o...
- Strategic Partnerships Expansion — Perion launched a strategic partnership in Africa to enhance its market presence, which is expected to unlock significant revenue potential. Management emphasized, "This expands Perion's commercial footprint and creates ...
Read the full Perion Network Ltd. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Perion Network Ltd.
Perion Network Ltd. (PERI) is a publicly listed company in the Media industry, within the Communication Services sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 28 calls on record spanning February 12, 2020 to August 10, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 28 Perion Network Ltd. earnings call transcripts on record, spanning February 12, 2020 to August 10, 2026. Based on this history, Perion Network Ltd. reports quarterly. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- PERI
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Communication Services
- Industry
- Media
- Calls on record
- 28
- First call
- February 12, 2020
- Most recent
- August 10, 2026
- Reporting cadence
- quarterly