Perion Network Ltd SEC Filings

Perion Network Ltd. director Eyal Kaplan reported a small share disposition linked to tax obligations rather than a discretionary sale. On the reported date, 2,916 Ordinary Shares were sold at $9.77 per share, with the filing stating these shares were withheld and sold by the company to satisfy tax withholding on vested restricted share units.

Following this tax-related transaction, Kaplan’s direct holdings stood at 54,142 Ordinary Shares, indicating he retained the vast majority of his equity position.

Perion Network Ltd. director Marcus Joy Sharon reported a small share disposition linked to equity compensation. On the vesting of restricted share units, 1,689 Ordinary Shares were withheld and sold by the company at $9.774 per share to satisfy tax withholding obligations. After this tax-related sale, Sharon directly holds 29,260 Ordinary Shares, so the transaction reflects routine tax settlement rather than a discretionary open-market sale.

Perion Network Ltd. furnished an updated investor presentation outlining its AI-driven advertising strategy and financial outlook. For FY 2025, Perion One pro forma revenue was $439.9M, with $203.4M Contribution ex-TAC and $45.2M Adjusted EBITDA, alongside $40.2M Adjusted free cash flow.

As of March 31, 2026, the company reported $293M in net cash and had returned $142M to shareholders under a $200M share repurchase program. Q1 2026 results included $90.4M revenue, $39.7M Contribution ex-TAC, $0.5M Adjusted EBITDA and $7.0M Adjusted free cash flow.

Perion reaffirmed 2026 guidance for Contribution ex-TAC of $215M–$235M and Adjusted EBITDA of $50M–$54M, implying a roughly 23% Adjusted EBITDA-to-Contribution ex-TAC margin. The presentation highlights strong growth in key channels, including CTV, DOOH, retail media and rapid adoption of its Outmax AI agent, as well as 2028 targets focused on double-digit spend and Contribution ex-TAC CAGRs and a 28% Adjusted EBITDA margin.

Perion Network Ltd. filed a Form 6-K to highlight the launch of Ask Perion, an AI-driven, self-serve interface within the Perion One advertising platform, together with the Ask Perion Mobile App. The tools let marketers ask plain-language questions about campaign performance and instantly generate cross-channel media plans.

Perion positions Ask Perion as the first phase of a broader self-serve execution model built on its AI-native infrastructure. Management expects this model to reduce cost-to-serve, streamline operations, shorten campaign turnaround times, and support the growth and efficiency objectives in its 2028 plan.

Perion Network Ltd. filed a Form 6-K to furnish a press release announcing a new strategic partnership with Best Buy Canada.

Best Buy Canada has selected Perion as its full-stack, end-to-end technology partner to power and monetize its programmatic in-store digital signage network, creating one of the largest SSP-enabled Digital-Out-of-Home media networks in Canada. The collaboration is intended to modernize Best Buy Canada’s in-store media through a programmatic-first, loopless model that aims to provide more effective and measurable advertising experiences for brands and agencies. For Perion, the arrangement supports its Perion One strategy by reinforcing its role as a full-stack retail media technology provider, expanding exposure to premium, brand-safe retail DOOH supply, and building more predictable, infrastructure-level revenue streams over time.

Perion Network reported first quarter 2026 revenue of $90.4 million, up 1% from $89.3 million a year earlier, as 21% growth in Search Advertising offset a 4% decline in Advertising Solutions.

GAAP results weakened, with a net loss of $10.0 million compared with a $8.3 million loss, while Adjusted EBITDA fell sharply to $0.5 million from $1.8 million. Non-GAAP net income edged down to $4.8 million and non-GAAP diluted EPS held at $0.11.

Cash generation improved, as net cash from operations reached $6.7 million versus a $7.1 million outflow last year, and adjusted free cash flow was $7.0 million. Perion ended March 31, 2026 with $293.0 million in cash, deposits and marketable securities and reiterated its full-year 2026 guidance, including revenue of $460–$490 million and Contribution ex-TAC of $215–$235 million.

Perion Network Ltd. reported that French telecom operator Bouygues Telecom has deployed Perion’s Outmax AI agent across always-on digital ad campaigns. In a Fiber-to-the-Home campaign, Outmax delivered a 34% reduction in customer acquisition costs and a 51% cut in campaign carbon intensity while preserving premium inventory and improving engagement.

The deployment embeds Outmax directly into Bouygues Telecom’s marketing operations, operating inside closed platforms such as Meta to continuously optimize both branding and performance objectives in real time. Bouygues Telecom is now extending this Outmax-powered framework into additional channels, supporting Perion’s strategy of AI-native execution infrastructure for enterprise advertisers.

Perion Network Ltd. CRO Stephen Moore reported a disposition of 3,112 Ordinary Shares on May 1, 2026 at $10.44 per share. According to the footnote, these shares were sold by the company to satisfy tax withholding obligations related to vesting of restricted share units, making this a routine, non-discretionary transaction. Moore now directly holds 123,919 Ordinary Shares after this tax-related sale.

PERI reporting Form 144 sales of Ordinary shares by a holder. The filing lists 13,410 shares sold on 02/02/2026 for $116,455.12 and 6,226 shares sold on 03/17/2026 for $56,096.26. It also records 41,663 Restricted Stock Units from the issuer dated 02/18/2025.