Perimeter Solutions reported second-quarter 2026 adjusted EBITDA of $105.6 million, a 16% increase from the prior year, while year-to-date adjusted EBITDA rose 34% to $146.7 million. Fire Safety revenue grew 7% to $129.1 million for the quarter, though segment adjusted EBITDA edged up only 1% to $78.8 million, weighed down by a 5% pricing step-down in the federal retardant contract and minimal foam deliveries to the Defense Logistics Agency. Specialty Products revenue doubled to $84.7 million, driving segment adjusted EBITDA to $26.8 million from $13.7 million a year earlier. The company completed the acquisition of Monocle Enterprises, a niche market leader with over 95% recurring revenue, and ended the quarter with net debt leverage of approximately 3.1 times and total liquidity exceeding $150 million. Management expects Fire Safety margins to return to historical averages in the second half as DLA deliveries resume and the Cal Fire agreement offsets federal pricing headwinds.
Perimeter Solutions SARecord adjusted EBITDA and strong revenue growth, with acquisition completed.