Perfect Corp. (PERF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PERF SEC filings page.
Perfect Corp. (PERF) reported $69.2M in revenue for fiscal year 2025, up 14.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Perfect Corp. is a low-debt, cash-generative business whose growth is increasingly yielding less profit per dollar.
Net margin fell from10.1% in FY2023 to6.7% in FY2025 while revenue grew across the same span, showing that expansion is not translating proportionally into earnings. Operating cash flow remained positive in each period, but its margin narrowed from25.4% to19.2% ; cash generation persists, but conversion efficiency is weakening alongside profitability.
The balance sheet is lightly debt-funded: debt-to-equity was 0.0x in FY2025 and liabilities were only
Free cash flow remained close to operating cash flow in FY2025, with a free-cash-flow margin of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Perfect Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Perfect Corp., and counted as zero in the overall score.
Perfect Corp.'s revenue grew 14.9% year-over-year to $69.2M, a solid pace of expansion. This earns a growth score of 73/100.
Perfect Corp. carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 89/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.60, Perfect Corp. holds $4.60 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 90/100.
Perfect Corp. converts 18.6% of revenue into free cash flow ($12.9M). This strong cash generation earns a score of 87/100.
Not available for Perfect Corp., and counted as zero in the overall score.
Perfect Corp. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Perfect Corp. generates $2.87 in operating cash flow ($13.3M OCF vs $4.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Perfect Corp. held $126.0M in cash against $239K in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
PERF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
PERF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q2'256-K | Q4'2420-F | Q2'2410-Q | Q4'2310-K | Q2'2310-Q | Q4'2210-K | Q4'2110-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $192.0M+6.0% | $190.2M+9.4% | $181.2M+6.3% | $173.8M-18.8% | $170.4M-19.0% | $214.2M | $210.3M+136.5% | $88.9M |
| Current Assets | $173.3M-2.6% | $179.9M+5.0% | $177.9M+5.5% | $171.3M-19.4% | $168.7M-19.4% | $212.5M | $209.2M+139.1% | $87.5M |
| Cash & Equivalents | $126.0M-0.9% | $125.3M+3.8% | $127.1M+2.6% | $120.8M+225.0% | $123.9M-23.8% | $37.2M | $162.6M+102.1% | $80.5M |
| Inventory | $17K-5.6% | $19K-9.5% | $18K-45.5% | $21K-38.2% | $33K-26.7% | $34K | $45K-48.9% | $88K |
| Goodwill | $2.8M+8568.8% | $6.5M | $32K-58.4% | N/A | $77K | N/A | N/A | N/A |
| Total Liabilities | $38.9M+13.8% | $39.5M+24.1% | $34.2M+10.3% | $31.8M+3.1% | $31.0M+9.4% | $30.9M | $28.3M-89.9% | $279.3M |
| Current Liabilities | $37.7M+16.9% | $38.0M+26.4% | $32.2M+11.5% | $30.0M+11.8% | $28.9M+16.0% | $26.9M | $24.9M+25.9% | $19.8M |
| Non-Current Liabilities | $1.2M-37.9% | $1.6M-13.4% | $1.9M-5.3% | $1.8M-54.8% | $2.1M-39.4% | $4.0M | $3.4M-98.7% | $259.6M |
| Long-Term Debt | $239K+121.3% | $262K+40.1% | $108K-72.1% | $187K-59.1% | $387K+344.8% | $457K | $87K-54.0% | $189K |
| Total Equity | $153.1M+4.1% | $150.6M+6.1% | $147.0M+5.5% | $142.0M-22.5% | $139.4M-23.4% | $183.3M | $182.0M+195.5% | -$190.4M |
| Retained Earnings | -$370.8M+1.2% | -$372.9M+1.6% | -$375.4M+1.3% | -$379.1M+1.6% | -$380.5M+1.4% | -$385.4M | -$385.9M-72.2% | -$224.1M |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.
PERF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
PERF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Perfect Corp. PERF | FY2025 | $69.2M | $4.6M | 6.7% | $196.6M | 57/100 |
| WM TECHNOLOGY INC A MAPS | FY2025 | $174.7M | $2.0M | 1.1% | $45.4M | — |
| Digimarc Corporation DMRC | FY2025 | $33.9M | -$32.3M | -95.3% | $113.3M | 36/100 |
| eGain Corporation EGAN | FY2026 | $91.1M | $8.9M | 9.7% | $137.7M | 52/100 |
| Immersion Corp IMMR | FY2026 | $1.7B | $4.5M | 0.3% | $237.4M | 76/100 |
| X3 Holdings Co., Ltd. XTKG | FY2025 | $6.3M | -$26.2M | N/A | $1.1M | 27/100 |
Where Perfect Corp. Ranks
Frequently Asked Questions
What is Perfect Corp.'s annual revenue?
Perfect Corp. (PERF) reported $69.2M in total revenue for fiscal year 2025. This represents a 14.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Perfect Corp.'s revenue growing?
Perfect Corp. (PERF) revenue grew by 14.9% year-over-year, from $60.2M to $69.2M in fiscal year 2025.
Is Perfect Corp. profitable?
Yes, Perfect Corp. (PERF) reported a net income of $4.6M in fiscal year 2025, with a net profit margin of 6.7%.
How much debt does Perfect Corp. have?
As of fiscal year 2025, Perfect Corp. (PERF) had $126.0M in cash and equivalents against $239K in long-term debt.
What is Perfect Corp.'s net profit margin?
Perfect Corp. (PERF) had a net profit margin of 6.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Perfect Corp.'s return on equity (ROE)?
Perfect Corp. (PERF) has a return on equity of 3.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Perfect Corp.'s free cash flow?
Perfect Corp. (PERF) generated $12.9M in free cash flow during fiscal year 2025. This represents a 2.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Perfect Corp.'s operating cash flow?
Perfect Corp. (PERF) generated $13.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Perfect Corp.'s total assets?
Perfect Corp. (PERF) had $192.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Perfect Corp.'s capital expenditures?
Perfect Corp. (PERF) invested $425K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Perfect Corp.'s current ratio?
Perfect Corp. (PERF) had a current ratio of 4.60 as of fiscal year 2025, which is generally considered healthy.
What is Perfect Corp.'s debt-to-equity ratio?
Perfect Corp. (PERF) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Perfect Corp.'s return on assets (ROA)?
Perfect Corp. (PERF) had a return on assets of 2.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Perfect Corp.'s P/E ratio?
Perfect Corp. (PERF) trades at 42.3x earnings, its market capitalization divided by net income of $4.6M net income, FY2025. The market capitalization is $196.6M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Perfect Corp.'s price-to-sales ratio?
Perfect Corp. (PERF) trades at 2.8x sales, its market capitalization divided by revenue of $69.2M revenue, FY2025. The market capitalization is $196.6M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Perfect Corp.'s Piotroski F-Score?
Perfect Corp. (PERF) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Perfect Corp.'s earnings high quality?
Perfect Corp. (PERF) has an earnings quality ratio of 2.87x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Perfect Corp.?
Perfect Corp. (PERF) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.