Perion published its annual report on Form 20-F for FY 2025, reporting revenue of USD 439.93 million, down 12%. Advertising Solutions revenue rose 4% to USD 348.93 million, driven by a 42% increase in CTV and a 36% increase in Digital Out of Home, while Search Advertising revenue fell 44% to USD 91 million due to lower average daily searches and fewer publishers following Microsoft Bing changes implemented in 2024. Net loss was USD 7.93 million and loss from operations was USD 14.9 million. Net cash provided by operating activities was USD 41.93 million, and cash, cash equivalents, short-term deposits and marketable securities totaled USD 312.9 million at year-end. Perion said it announced the Perion One unification initiative on February 3, 2025, and noted its search business operated under a tail period in 2025 and is transitioning to operate primarily with Yahoo starting in 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perion Network Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-000927), on March 16, 2026, and is solely responsible for the information contained therein.
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