Perion Network (PERI) Revenue & Revenue Breakdown


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Perion Network Revenue Highlights


Latest Revenue (Y)

$743.15M

Latest Revenue (Q)

$157.82M

Main Segment (Y)

Display and Social Advertising

Main Geography (Y)

U.S.

Perion Network Revenue by Period


Perion Network Revenue by Year

DateRevenueChange
2023-12-31$743.15M16.07%
2022-12-31$640.26M33.81%
2021-12-31$478.50M45.86%
2020-12-31$328.06M25.48%
2019-12-31$261.45M3.40%
2018-12-31$252.84M-7.72%
2017-12-31$273.99M-12.41%
2016-12-31$312.79M41.57%
2015-12-31$220.95M-43.16%
2014-12-31$388.73M346.06%
2013-12-31$87.15M44.71%
2012-12-31$60.22M69.77%
2011-12-31$35.47M20.26%
2010-12-31$29.50M8.46%
2009-12-31$27.20M24.14%
2008-12-31$21.91M17.30%
2007-12-31$18.68M72.10%
2006-12-31$10.85M46.60%
2005-12-31$7.40M19.23%
2004-12-31$6.21M20.31%
2003-12-31$5.16M27.03%
2002-12-31$4.06M305.79%
2001-12-31$1.00M100.00%
2000-12-31--

Perion Network generated $743.15M in revenue during NA 2023, up 16.07% compared to the previous quarter, and up 293.92% compared to the same period a year ago.

Perion Network Revenue by Quarter

DateRevenueChange
2024-03-31$157.82M-32.62%
2023-12-31$234.23M26.40%
2023-09-30$185.31M3.83%
2023-06-30$178.47M22.96%
2023-03-31$145.15M-30.77%
2022-12-31$209.67M32.19%
2022-09-30$158.62M8.15%
2022-06-30$146.66M17.03%
2022-03-31$125.31M-20.67%
2021-12-31$157.97M30.53%
2021-09-30$121.03M10.35%
2021-06-30$109.68M22.11%
2021-03-31$89.82M-24.05%
2020-12-31$118.26M41.77%
2020-09-30$83.41M38.24%
2020-06-30$60.34M-8.65%
2020-03-31$66.05M-15.59%
2019-12-31$78.26M18.97%
2019-09-30$65.78M3.48%
2019-06-30$63.57M18.05%
2019-03-31$53.85M-25.17%
2018-12-31$71.96M25.85%
2018-09-30$57.18M-8.94%
2018-06-30$62.80M3.11%
2018-03-31$60.91M-21.19%
2017-12-31$77.28M18.82%
2017-09-30$65.04M-6.67%
2017-06-30$69.69M12.44%
2017-03-31$61.98M-26.69%
2016-12-31$84.54M13.54%
2016-09-30$74.46M-4.54%
2016-06-30$78.00M2.92%
2016-03-31$75.79M12.10%
2015-12-31$67.61M28.44%
2015-09-30$52.64M8.38%
2015-06-30$48.57M-6.84%
2015-03-31$52.14M-33.23%
2014-12-31$78.09M-9.50%
2014-09-30$86.28M-21.23%
2014-06-30$109.53M-4.61%
2014-03-31$114.82M728.51%
2013-12-31$13.86M-34.89%
2013-09-30$21.28M-84.09%
2013-06-30$133.78M385.10%
2013-03-31$27.58M29.07%
2012-12-31$21.37M31.77%
2012-09-30$16.21M35.32%
2012-06-30$11.98M12.42%
2012-03-31$10.66M3.45%
2011-12-31$10.30M22.22%
2011-09-30$8.43M4.72%
2011-06-30$8.05M-7.32%
2011-03-31$8.69M11.39%
2010-12-31$7.80M4.13%
2010-09-30$7.49M3.84%
2010-06-30$7.21M3.12%
2010-03-31$7.00M-6.30%
2009-12-31$7.46M12.97%
2009-09-30$6.61M-2.05%
2009-06-30$6.75M5.80%
2009-03-31$6.38M5.09%
2008-12-31$6.07M3.55%
2008-09-30$5.86M12.31%
2008-06-30$5.22M9.53%
2008-03-31$4.76M-11.10%
2007-12-31$5.36M16.55%
2007-09-30$4.60M-

Perion Network generated $157.82M in revenue during Q1 2024, up -32.62% compared to the previous quarter, and up 75.27% compared to the same period a year ago.

Perion Network Revenue Breakdown


Perion Network Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Search Advertising and other$344.91M$279.57M$213.18M$179.37M-
Display and Social Advertising$398.24M$360.69M$265.32M$148.70M-
Search and other----$173.59M
Advertising----$87.86M

Perion Network's latest annual revenue breakdown by segment (product or service), as of Dec 23: Display and Social Advertising (53.59%), and Search Advertising and other (46.41%).

Perion Network Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
U.S.$638.75M----
North America (mainly U.S.)-$561.96M$423.57M$272.22M$195.90M
Europe-$69.02M$48.11M$49.22M$50.67M
Other--$6.82M$6.62M$14.88M

Perion Network's latest annual revenue breakdown by geography, as of Dec 23: U.S. (100.00%).

Quarterly Revenue by Country

CountryDec 22Jun 22Jun 21Jun 20
Europe$38.25M$30.77M$28.52M$30.48M
North America (mainly U.S.)$327.04M$234.92M$167.55M$91.75M
Other Geographic Area-$6.29M--
Other--$3.42M$4.17M

Perion Network's latest quarterly revenue breakdown by geography, as of Dec 22: North America (mainly U.S.) (89.53%), and Europe (10.47%).

Perion Network Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
METAMeta Platforms$134.90B$39.07B
BIDUBaidu$134.60B$31.51B
SPOTSpotify$13.25B$3.64B
MOMOHello Group$12.00B$2.56B
JFINJiayin Group$5.47B$1.60B
SNAPSnap$4.61B$1.24B
TWLOTwilio$4.15B$1.08B
PINSPinterest$3.06B$853.68M
ANGIAngi$1.36B$305.39M
GETYGetty Images$916.55M$229.14M
PERIPerion Network$743.15M$157.82M
SEATVivid Seats$712.88M$198.32M
MAXMediaAlpha$388.15M$178.27M
MTCHMatch Group-$864.07M

PERI Revenue FAQ


Perion Network's yearly revenue for 2023 was $743.16M, representing an increase of 16.07% compared to 2022. The company's yearly revenue for 2022 was $640.26M, representing an increase of 33.81% compared to 2021. PERI's yearly revenue for 2021 was $478.5M, representing an increase of 45.86% compared to 2020.

Perion Network's quarterly revenue for Q1 2024 was $157.82M, a -32.62% decrease from the previous quarter (Q4 2023), and a 8.73% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $234.23M, a 26.40% increase from the previous quarter (Q3 2023), and a 11.71% increase year-over-year (Q4 2022). PERI's quarterly revenue for Q3 2023 was $185.3M, a 3.83% increase from the previous quarter (Q2 2023), and a 16.83% increase year-over-year (Q3 2022).

Perion Network's revenue growth rate for the last 3 years (2021-2023) was 55.31%, and for the last 5 years (2019-2023) was 184.24%.

Perion Network's revenue streams in c 23 are Search Advertising and other, and Display and Social Advertising. Search Advertising and other generated $344.91M in revenue, accounting 46.41% of the company's total revenue, up 23.37% year-over-year. Display and Social Advertising generated $398.24M in revenue, accounting 53.59% of the company's total revenue, up 10.41% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Perion Network was Display and Social Advertising. This segment made a revenue of $398.24M, representing 53.59% of the company's total revenue.