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PERF on NYSE

Perfect Corp

American SaaS artificial intelligence

Perfect Corp is a global SaaS artificial intelligence and augmented reality company. It is headquartered in New York. The company provides SaaS AI, AR beauty and fashion tech services.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$69.2MRevenue, fiscal 20254
$4.6MNet income, fiscal 20254
2015Founded1

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  • TickerPERF on NYSE1
  • IndustryServices-Prepackaged Software1
  • HeadquartersE91
  • Incorporated inCayman Islands5
  • Business address14F., No. 98, Minquan Rd., Xindian District, New Taipei City, F5 2315
  • Filer categoryAccelerated filer, Emerging growth company5

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Perfect Corp is a global SaaS artificial intelligence and augmented reality company. It is headquartered in New York. The company provides SaaS AI, AR beauty and fashion tech services. It is listed on New York Stock Exchange with trade symbol (PERF).3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

77.4%Gross margin4
-2.5%Operating margin4
6.7%Net margin4
14.9%Revenue growth, 20254
3.0%Return on equity4
$12.9MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 38% of the revenue Perfect Corp broke down this way in fiscal 2025.

  1. United States$26.0M438%up 3% from 2024
  2. Europe$20.3M429%up 22% from 2024
  3. Asia Pacific$12.0M417%up 19% from 2024
  4. Americas$8.3M412%up 24% from 2024
  5. Other Countries$2.6M44%up 52% from 2024
Regions by year
Regions202320242025
United States$25.0M$25.1M$26.0M
Europe$13.8M$16.6M$20.3M
Asia Pacific$8.6M$10.1M$12.0M
Americas$4.9M$6.7M$8.3M
Other Countries$1.2M$1.7M$2.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue23¢$15.6M
  • Research and development22¢$15.4M
  • Other costs47¢$32.4M
  • Interest0¢$16.0K
  • Income tax2¢$1.1M
  • Profit7¢$4.6M

Out of $69.2M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Capital spending3¢$425.0K
  • Kept or used elsewhere97¢$12.9M

Out of $13.3M of cash from operations.4

Financial statements

Revenue7894$69.2M in 2025+131% since 2020
0$20.0M$40.0M$60.0M$80.0M2020: $29.9M$29.9M20202021: $40.8M$40.8M2021+36%2022: $47.3M$47.3M2022+16%2023: $53.5M$53.5M2023+13%2024: $60.2M$60.2M2024+13%2025: $69.2M$69.2M2025+15%
Gross profit7894$53.5M in 2025+107% since 2020
0$20.0M$40.0M$60.0M2020: $25.9M$25.9M20202021: $35.0M$35.0M2021+35%2022: $40.2M$40.2M2022+15%2023: $43.1M$43.1M2023+7%2024: $46.9M$46.9M2024+9%2025: $53.5M$53.5M2025+14%
Operating income7894-$1.7M in 2025−39% since 2020
-$80.0M-$60.0M-$40.0M-$20.0M02020: -$2.8M-$2.8M20202021: -$5.0M-$5.0M2021+77%2022: -$71.1M-$71.1M2022+1311%2023: -$5.7M-$5.7M2023−92%2024: -$3.1M-$3.1M2024−44%2025: -$1.7M-$1.7M2025−45%
Net income7894$4.6M in 2025
-$200.0M-$150.0M-$100.0M-$50.0M0$50.0M2020: -$5.6M-$5.6M20202021: -$156.9M-$156.9M2021+2704%2022: -$161.7M-$161.7M2022+3%2023: $5.4M$5.4M20232024: $5.0M$5.0M2024−7%2025: $4.6M$4.6M2025−8%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Revenue$69.2M$60.2M$53.5M
Cost of sales and services-$15.6M-$13.3M-$10.4M
Gross profit$53.5M$46.9M$43.1M
Sales and marketing expenses-$30.8M-$28.2M-$25.7M
General and administrative expenses-$7.0M-$8.5M-$11.6M
Research and development expenses-$15.4M-$12.0M-$11.5M
Expected credit losses-$75.0K-$1.4M$0
Impairment loss on goodwill-$2.0M$0$0
Total operating expenses-$55.3M-$50.1M-$48.8M
Operating loss-$1.7M-$3.1M-$5.7M
Interest income$6.1M$7.7M$9.5M
Other income$28.0K$55.0K$33.0K
Other gains and losses$1.3M-$316.0K$1.7M
Finance costs-$16.0K-$18.0K-$15.0K
Total non-operating income and expenses$7.5M$7.4M$11.2M
Income before income tax$5.7M$4.3M$5.5M
Income tax benefit (expense)-$1.1M$735.0K-$115.0K
Net income$4.6M$5.0M$5.4M
Actuarial gains (losses) on defined benefit plans-$16.0K$31.0K-$4.0K
Exchange differences arising on translation of foreign operations$43.0K-$217.0K-$116.0K
Other comprehensive income (loss), net$27.0K-$186.0K-$120.0K
Total comprehensive income$4.7M$4.8M$5.3M
Shareholders of the parent$4.6M$5.0M$5.4M
Shareholders of the parent$4.7M$4.8M$5.3M
Basic earnings per share of Class A and Class B Ordinary Shares (in USD per share)$0.05$0.05$0.05
Diluted earnings per share of Class A and Class B Ordinary Shares (in USD per share)$0.05$0.05$0.05

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Corporate structure

Perfect Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Perfect Corp

  • Perfect Corp E9

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Perfect Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$695.0K4 Dec 31, 2025$554.0K4 Dec 31, 2024+25.5%
Operating-lease assets (leased space)$659.0K4 Dec 31, 2025$485.0K4 Dec 31, 2024+35.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$126.0M4 Dec 31, 2025$127.1M4 Dec 31, 2024−0.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.8M4 Dec 31, 2025
Intangible assets, net (excluding goodwill)$4.4M4 Dec 31, 2025$32.0K4 Dec 31, 2024+13715.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$17.0K4 Dec 31, 2025$18.0K4 Dec 31, 2024−5.6%

The story

Founded by Alice Chang in 2015, Perfect Corp was the first company to develop makeup virtual try-on with real-time camera support powered by machine learning. In 2020, Perfect Corp partnered with Google to launch a virtual try-on feature in Google shopping. It also partnered with Snapchat for Shoppable AR beauty try-on.

In 2024, Perfect Corp. reported a 12.5% year-over-year revenue increase, reaching $60.2 million, with net income at $5 million and adjusted net income rising 18.6% to $8.3 million.

In September 2024, RéVive Skincare partnered with Perfect Corp. to harness AI technology, utilizing data from RéVive's clinical trials to create interactive before-and-after visuals.

In November 2024, Perfect Corp. partnered with French skincare brand Holidermie to integrate its AI-powered Skincare Pro technology into Holidermie's flagship retail locations in Paris.

In December 2024, Perfect Corp. launched a suite of AI APIs designed to simplify the integration of advanced AI-powered beauty technology into various products and applications. These APIs offer features such as virtual hairstyles and wig try-ons, AI makeup transfer, age-progression simulations, text-to-image generation, and AI image enhancement tools.

At the same time, Perfect Corp. announced its acquisition of Wannaby Inc., a company specializing in augmented reality (AR) and computer vision technologies.

In January 2025, Perfect Corp. introduced the AI Frizzy Hair Analyzer, an addition to its AI Hair Analysis suite, designed to assess hair frizz levels using artificial intelligence.

In February 2025, Perfect Corp. collaborated with Inovshop Group to integrate its AI Skin Analysis tool, Skincare Pro, into Amazon's inaugural parapharmacy in Milan, Italy. This initiative features self-service mirrors equipped with iPads, enabling customers to receive personalized skin consultations by analyzing 15 unique skin concerns.

Read the full text

Also, in February, Skinworx, a skincare and aesthetic treatment provider, integrated Perfect Corp.'s Skincare Pro AI software at its medspa in Walnut Creek, California.

In July 2026, Perfect Corp. agreed to merge with ProjectNY, a company owned by founder and CEO Alice Chang, to become a privately held company. The transaction, valued at $2.00 per share, is expected to close in the fourth quarter of 2026.

From Wikipedia’s article on Perfect Corp, shared under CC BY-SA 4.0.6

Leadership

Who has led Perfect Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Alice Hua-Jen Chang2026–now

President

  1. Weichuan Liu2026–now
20202025
Board members and other officers (6)

Timeline

  1. Mar 10, 2026New chief executive Alice Hua-Jen Chang becomes CEO10
  2. 2015Founded Founded1

Calendar

Coming up

  1. Oct 27, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.02 a share, on Oct 28, 2025.18

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

133 filings to the SEC since October 2021: 4 annual reports, 10 insider forms, 20 large holders, 99 other. The latest 20:

  1. Sep 24, 20266-K EDGAR
  2. Aug 26, 20266-K EDGAR
  3. Aug 26, 2026SC 13E3/A EDGAR
  4. Jul 31, 2026SC 13E3 EDGAR
  5. Jul 27, 20266-K EDGAR
  6. Jul 10, 2026SCHEDULE 13D/A EDGAR
  7. Jul 10, 2026SCHEDULE 13D/A EDGAR
  8. Jul 10, 20266-K EDGAR
  9. May 1, 202625-NSE EDGAR
  10. Apr 28, 20266-K EDGAR
  11. Apr 20, 20266-K EDGAR
  12. Mar 24, 20266-K EDGAR
  13. Mar 20, 2026SCHEDULE 13D/A EDGAR
  14. Mar 20, 2026SCHEDULE 13D/A EDGAR
  15. Mar 18, 20266-K EDGAR
  16. Mar 13, 202620-F EDGAR
  17. Mar 10, 20263 EDGAR
  18. Mar 10, 20263 EDGAR
  19. Mar 10, 20263 EDGAR
  20. Mar 10, 20263 EDGAR

The 133 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Perfect Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPerfect Corp.2
  • CIK0001899830
  • Filer statusAccelerated filer an emerging growth company; not a shell company27
  • Incorporated inCayman Islands27
  • Fiscal year endsDecember 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address14F., No. 98, Minquan Rd., Xindian District, New Taipei City, F5 2312
  • Phone886-2-8667-12652
  • Shares outstanding85,059,953 Perfect Class Ordinary Shares shares; 16,788,718 Perfect Class B Ordinary Shares shares; 20,849,975 Ifrs Warrant shares as of Dec 31, 202527
  • AuditorPricewaterhouseCoopers, Taipei, Taiwan PCAOB ID 1345; no auditor attestation of internal control over financial reporting27
  • On EDGAR sinceMar 3, 20222
  • Filings133 in all: 6-K (34), CORRESP (12), UPLOAD (12), 3 (10), 424B3 (8), 425 (7), F-4/A (6), SC 13G (6)2
    All 27 form types

    SC 13G/A (5), 20-F (4), EFFECT (4), SC TO-I/A (4), SCHEDULE 13D/A (4), SC 13D (3), SCHEDULE 13D (2), 25-NSE (1), 8-A12B (1), CERT (1), F-1 (1), F-1/A (1), F-3 (1), F-4 (1), POS AM (1), S-8 (1), SC 13E3 (1), SC 13E3/A (1), SC TO-I (1)

  • Latest filingsAnnual report (20-F) Mar 13, 2026

Securities registered for trading

ClassSymbolExchange
Class A Ordinary SharesPERFNew York Stock Exchange
WarrantsPERF WSNew York Stock Exchange

From the cover page of the 20-F filed Mar 13, 2026 (Section 12(b) of the Exchange Act).27

Sources

The numbers on this page point here. Each one links to the record it came from.

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