Perimeter Group Q3 Sales Rise 24% as Adjusted Diluted EPS Reaches $0.85

Perimeter Group Inc. posted $389.865 million in third-quarter sales for the period ended Sept. 30, 2026, up 24% from a year earlier, while adjusted diluted earnings per share rose to $0.85.

Net sales were $315.443 million in the quarter ended Sept. 30, 2025. Non-GAAP adjusted diluted earnings per share increased from $0.82. GAAP diluted earnings per share was $1.74, compared with a $0.62 loss a year earlier.

GAAP net income totaled $304.466 million, versus a $90.660 million net loss in the prior-year quarter. The latest period included a $239.469 million credit in the founders advisory-fees line, compared with $247.684 million in expense a year earlier. The related item was a change in fair value.

Fire Safety sales rose 14% to $312.6 million, while Specialty Products sales climbed 84% to $77.3 million. Adjusted EBITDA, a non-GAAP measure, increased 20% to $223.5 million from $186.3 million.

Perimeter changed its name from Perimeter Solutions Inc. effective Nov. 4. Its shares continued to trade on the New York Stock Exchange under the ticker PRM.