Key Points – Perion reported 1% year-over-year revenue growth to $90.4 million in Q1, but adjusted EBITDA fell to $0.5 million as the company increased go-to-market spending tied to its long-term growth plan. – The company is increasingly focused on Perion One and its AI agent…
tmax, with total Perion One spend up 6% and management saying the platform will be the main KPI going forward as it shifts toward a channel-agnostic advertising model. – Growth was strongest in CTV, digital out-of-home, and retail media, while search revenue rose 21% but search contribution ex-TAC dropped sharply as Perion moves away from its Microsoft agreement and lower-margin search economics. – Three AI Trades That Could Double This Year Perion Network (NASDAQ:PERI) reported modest first-quarter revenue growth while management highlighted rising adoption of its Perion One platform and Outmax AI agent as the company continues to shift away from legacy web and search economics toward channel-agnostic advertising infrastructure. On the company’s first-quarter 2026 earnings call, Chief Executive Officer Tal Jacobson said 2025 marked “year 1 for the new Perion Network,” while 2026 is focused on advancing new technologies and accelerating client adoption
He said the company saw increases across its growth engines during the quarter, with connected TV and digital out-of-home outgrowing the market, retail media gaining adoption and Outmax becoming “a meaningful part of Perion One.” – Perion Network Is Monetizing The Internet And Delivering Value Chief Financial Officer Elad Tzubery said first-quarter results were “largely as we expected,” reflecting the seasonally low quarter for the industry. Revenue rose 1% year over year to $90.4 million. Contribution ex-TAC was flat at $39.7 million, with a 44% margin, consistent with the prior-year period.
Adjusted EBITDA declined to $0.5 million from $1.8 million a year earlier, which Tzubery attributed mainly to higher go-to-market investments tied to…