Perfect Corp. (PERF) Income Statement
PERF 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPERF revenue and net income
Where PERF's revenue goes
2025Each bar shows an amount and its share of revenue. PERF kept 6.7% of revenue as net income.
PERF profit margins
PERF growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.9% | +13.5% | +18.3% | −19.2% |
| Gross profit | +14.0% | +10.0% | +15.6% | −15.0% |
| Operating income | — | — | — | −32.0% |
| Net income | −7.5% | — | — | +5.8% |
| EPS (diluted) | +16.7% | — | — | −8.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PERF quarterly EPS vs estimates
Perfect beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.02).
PERF income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $69.2M | $60.2M | $53.5M | $47.3M | $40.8M | $29.9M | $22.9M | $11.6M | $468.9M | $542.0M |
| Cost of revenue | $15.6M | $13.3M | $10.4M | $7.1M | $5.7M | $4.0M | $1.6M | $752,000 | $247.5M | $284.3M |
| Gross profit | $53.5M | $46.9M | $43.1M | $40.2M | $35.0M | $25.9M | $21.3M | $10.8M | $221.3M | $257.6M |
| Research & development | $15.4M | $12.0M | $11.5M | $10.5M | $9.8M | $7.6M | $6.1M | $5.9M | — | — |
| Sales, general & admin | $37.8M | $36.7M | $37.3M | $100.8M | $30.2M | $21.2M | $16.6M | $13.9M | $222.4M | $249.5M |
| Total operating expenses | $53.3M | $50.1M | $48.8M | $111.2M | $40.0M | $28.8M | $22.7M | $19.5M | $238.0M | $261.7M |
| Operating income | $265,000 | −$3.1M | −$5.7M | −$71.1M | −$5.0M | −$2.8M | −$1.4M | −$9.0M | −$16.7M | −$4.0M |
| Interest income | $6.1M | $7.7M | $8.4M | $2.0M | $131,000 | $243,000 | $158,000 | $34,000 | — | — |
| Interest expense | $16,000 | $7,000 | $15,000 | $8,000 | $9,000 | $9,000 | $5,000 | $3,000 | $7.1M | $7.2M |
| Income before taxes | $5.7M | $4.3M | $5.5M | −$161.5M | −$156.4M | −$5.2M | −$1.7M | −$8.7M | −$23.8M | −$11.2M |
| Income taxes | $1.1M | −$735,000 | $115,000 | $292,000 | $417,000 | $385,000 | $247,000 | $27,000 | −$199,000 | $451,000 |
| Net income | $4.6M | $5.0M | $5.4M | −$161.7M | −$156.9M | −$5.6M | −$2.0M | −$8.7M | −$23.6M | −$11.7M |
| EBITDA | $6.8M | −$2.0M | $6.3M | −$160.7M | −$155.8M | −$4.7M | −$1.3M | −$7.7M | −$7.7M | $7.1M |
| EPS (diluted) | $0.07 | $0.06 | $0.07 | −$1.25 | $0.45 | −$0.05 | — | — | −$0.19 | −$0.09 |
| Gross margin | 77.4% | 78.0% | 80.6% | 84.9% | 85.9% | 86.7% | 93.0% | 93.5% | 47.2% | 47.5% |
| Operating margin | 0.4% | −5.2% | −10.6% | −150.3% | −12.3% | −9.5% | −6.1% | −78.1% | −3.6% | −0.7% |
| Net margin | 6.7% | 8.3% | 10.1% | −342.0% | −384.8% | −18.7% | −8.7% | −75.2% | −5.0% | −2.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.3M | $17.9M | $18.1M | $18.7M | $16.3M | $16.0M | $15.9M | $16.1M | $13.9M | $14.3M | $14.1M | $14.5M |
| Cost of revenue | $3.1M | $3.2M | $3.5M | $4.5M | $4.0M | $3.5M | $4.1M | $3.2M | $2.9M | $3.1M | $2.6M | $2.7M |
| Gross profit | $13.2M | $14.7M | $14.6M | $14.1M | $12.3M | $12.5M | $11.8M | $13.0M | $11.0M | $11.2M | $11.5M | $11.8M |
| Research & development | $3.6M | $3.5M | $3.9M | $3.9M | $4.0M | $3.6M | $2.8M | $3.2M | $3.0M | $3.0M | $3.0M | $3.0M |
| Sales, general & admin | $9.7M | $9.4M | $9.3M | $9.6M | $9.8M | $9.1M | $8.7M | $9.2M | $9.5M | $9.3M | $9.7M | $9.6M |
| Total operating expenses | $13.3M | $13.2M | $13.2M | $13.7M | $13.8M | $12.6M | $12.2M | $13.0M | $12.4M | $12.4M | $12.7M | $12.7M |
| Operating income | −$108,000 | $1.5M | $1.4M | $497,000 | −$1.5M | −$157,000 | −$481,000 | −$77,000 | −$1.4M | −$1.2M | −$1.2M | −$831,000 |
| Interest income | $1.5M | $1.4M | $1.4M | $1.5M | $1.6M | $1.6M | $1.8M | $1.9M | $2.0M | $2.0M | $2.6M | $2.3M |
| Interest expense | $5,000 | $4,000 | $5,000 | $5,000 | $3,000 | $3,000 | $4,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 |
| Income before taxes | $1.7M | $2.8M | $370,000 | $2.2M | $657,000 | $2.5M | $937,000 | $2.3M | $616,000 | $464,000 | $1.4M | $3.5M |
| Income taxes | $396,000 | $481,000 | $307,000 | $145,000 | $450,000 | $192,000 | −$158,000 | −$263,000 | −$148,000 | −$166,000 | $35,000 | $17,000 |
| Net income | $1.3M | $2.4M | $63,000 | $2.1M | $207,000 | $2.3M | $1.1M | $2.5M | $764,000 | $630,000 | $1.4M | $3.5M |
| EBITDA | $138,000 | $3.1M | $635,000 | $2.5M | $921,000 | $2.7M | $1.2M | $2.5M | $812,000 | $525,750 | $1.6M | $3.7M |
| EPS (diluted) | $0.01 | $0.02 | $0.03 | $0.02 | $0.00 | $0.02 | $0.01 | $0.03 | $0.01 | $0.01 | $0.02 | $0.03 |
| Gross margin | 80.9% | 81.9% | 80.5% | 75.8% | 75.3% | 77.9% | 74.1% | 80.3% | 79.3% | 78.3% | 81.3% | 81.2% |
| Operating margin | −0.7% | 8.2% | 7.5% | 2.7% | −9.0% | −1.0% | −3.0% | −0.5% | −10.1% | −8.3% | −8.7% | −5.7% |
| Net margin | 7.8% | 13.1% | 0.3% | 11.1% | 1.3% | 14.3% | 6.9% | 15.7% | 5.5% | 4.4% | 9.9% | 24.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PERF's financial statements (latest annual report filed March 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PERF financial results
In fiscal year 2025 (ended December 31, 2025), Perfect reported revenue of $69.2 million, up 14.9% from the year before. It had net income of $4.6 million (down 7.5%), a net profit margin of 6.7%. Diluted earnings per share came to $0.07. Over five years revenue grew at an average rate of 18.3% a year.
See the PERF stock overview for the latest quote and news, or the PERF chart for price history and technical indicators.
PERF income statement FAQ
What is Perfect's annual revenue?
Perfect reported total revenue of $69.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 14.9% from $60.2 million the previous year.
Is Perfect profitable?
Yes. Perfect reported net income of $4.6 million in fiscal 2025, a net profit margin of 6.7%; its operating margin was 0.4%.
What is Perfect's gross margin?
Perfect's gross margin was 77.4% in fiscal 2025: for every $100 of revenue, Perfect kept $77 after the direct cost of its products and services.
How much does Perfect spend on research and development?
Perfect spent $15.4 million on research and development in fiscal 2025, 22.3% of revenue.
How fast is Perfect growing?
Revenue grew 18.3% a year on average over the last five fiscal years, from $29.9 million to $69.2 million.
What are Perfect's earnings per share?
Perfect earned $0.07 per diluted share in fiscal 2025, compared with $0.06 a year earlier.
When will Perfect report its next earnings?
Perfect is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 before the market opens.
When does Perfect's fiscal year end?
Perfect's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 13, 2026.