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Perimeter Solutions ($PRM) received a $150M delivery order from the USDA Forest Service for fire retardant services, representing ~46% of its annual revenue. This is a major catalyst for the pure-play fire retardant company, likely driving significant EPS growth in FY2026.
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Perimeter Solutions is the primary beneficiary. The $150M order will likely drive a significant upward revision in revenue and earnings estimates for FY2026. Given the company's net margin of ~21%, net income could increase by ~$31.5M, or roughly $0.19 per diluted share (based on ~165M shares outstanding). The stock should react positively as the market prices in this revenue visibility. No other public companies are directly impacted, though suppliers of raw materials (e.g., ammonium phosphate) may see indirect demand.
The USDA Forest Service awarded Perimeter Solutions LP a $150M delivery order under an existing indefinite-quantity contract for fire retardant services. The order covers the full 2026 calendar year and is a continuation of a prior task order, indicating sustained demand for wildfire suppression chemicals. Perimeter Solutions (NYSE: PRM) is the direct recipient and a publicly traded pure-play in fire retardants and firefighting foams. With annual revenue of $322M (FY2025), this single order accounts for 46.6% of revenue, making it a transformative event for the company. The contract is not tied to any specific new legislation; it is a routine renewal under existing Forest Service procurement authorities. No related bills or executive actions directly connect to this award. Supply chain beneficiaries are not explicitly identified, but potential subcontractors could include chemical suppliers or logistics firms specializing in aerial retardant delivery. Historically, large fire retardant contracts have provided stable, recurring revenue for Perimeter Solutions, which has seen consistent demand from federal and state agencies during wildfire seasons. This order reinforces the company's dominant position in the market.
Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures
No confirming evidence found yet from contracts, insider trades, or congressional activity
What the bill does
Direct award of a delivery order under an existing indefinite-quantity contract for fire retardant services.
Who must act
USDA Forest Service (awarding agency) and Perimeter Solutions LP (recipient, doing business as Perimeter Solutions, Inc.)
What happens
$150M added to FY2026 revenue, representing approximately 46.6% of the company's most recent annual revenue of $322M.
Stock impact
Perimeter Solutions is a pure-play fire retardant and firefighting chemical provider. This single order is nearly half of its annual revenue, making it a transformative revenue event for the fiscal year. The company's net margin of ~21% suggests this contract could contribute roughly $31.5M in net income, significantly boosting EPS.
Matched on shared policy language across AI analyses, with ticker & timing weight
PERIMETER SOLUTIONS LP: $150M Department of Agriculture Contract
PERIMETER SOLUTIONS LP: $150M Department of Agriculture Contract
PERIMETER SOLUTIONS LP: $150M Department of Agriculture Contract
PERIMETER SOLUTIONS LP: $150M Department of Agriculture Contract
Executive orders & memoranda affecting the same sectors or companies
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Recipient
PERIMETER SOLUTIONS LP
Award Amount
$150,000,000
Awarding Agency
Department of Agriculture
Sub-Agency
Forest Service
Contract Type
DELIVERY ORDER
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