Perion Network Ltd. reported Q4 2025 financial results with Contribution ex-TAC growing 19% YoY to $65.2 million and Adjusted EBITDA increasing 53% YoY to $24.3 million. The company provided FY 2026 guidance and unveiled 2028 targets focused on the Perion One Platform.
Key takeaways
Q4 2025 Contribution ex-TAC grew 19% YoY to $65.2 million; Adjusted EBITDA increased 53% YoY to $24.3 million.
Full Year 2025 Revenue decreased 12% to $439.9 million; GAAP Net Loss was $7.9 million.
FY 2026 Guidance: Contribution ex-TAC of $215 million to $235 million; Adjusted EBITDA of $50 million to $54 million.
Repurchased 2.5 million shares for $23.9 million in Q4 2025; total authorization is $200 million.
Ended 2025 with net cash of $312.9 million.
2028 Targets: Perion One Platform Contribution ex-TAC CAGR of at least 20%; Consolidated Adjusted EBITDA margin of 28%.