Perimeter Group's third quarter revenue of $390M beat estimates as Fire Safety sales climbed 14%

Perimeter Group reported a significant revenue beat for the third quarter of 2026, driven by robust performance in its core Fire Safety segment and a near-doubling of Specialty Products sales. While GAAP earnings were heavily impacted by a $239.5 million non-cash gain related to the fair value adjustment of Founders advisory fees, operational results showed continued growth following the July acquisition of Monaco Enterprises.

Key Highlights

• Net sales of $389.9 million surged 24% year-over-year, significantly exceeding the analyst estimate of $269.8 million.
• Fire Safety segment revenue reached $312.6 million, a 14% increase driven by wildfire activity and higher retardant volumes.
• Specialty Products net sales grew 84% to $77.3 million, aided by the integration of recent acquisitions and pricing strategies.
• Adjusted EBITDA increased 20% to $223.5 million, though adjusted EPS of $0.85 fell short of the $0.95 consensus estimate.