Perion Q2 FY26 GAAP net loss widens to $6.8 million; revenue falls 5% to $98.2 million
PERI•Q2 results
Perion posted Q2 revenue down 5% year over year to $98.2 million; GAAP net loss widened to $6.8 million.
Non-GAAP net income fell 68% to $3.9 million; adjusted EBITDA slid 61% to $2.8 million.
Full-year outlook
Full-year outlook narrowed to contribution ex-TAC of $215 million to $225 million; adjusted EBITDA seen at $51 million to $53 million.
Business mix and spend trends
Perion One spend rose 15% to $156.7 million, with CTV up 56% and DOOH up 45%.
Retail Media vertical spend climbed 60%; Outmax AI agent adoption more than doubled, with spend up 136% on a pro forma basis.
