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Perfect Corp (PERF) investor relations material

Perfect Corp Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary28 Oct, 2025

Executive summary

  • Achieved total revenue of $18.7M for Q3 2025, up 15.7% year-over-year, driven by strong growth in mobile app and web services subscriptions.

  • Reached operating profit of $0.5M in Q3 2025, a turnaround from a $0.1M loss in Q3 2024.

  • Net income for Q3 2025 was $2.1M, down 17.9% year-over-year due to higher platform fees, increased personnel costs, and lower interest income.

  • For the nine months ended September 30, 2025, revenue grew 15.1% to $51.0M, and net income rose 16.7% to $4.6M.

Financial highlights

  • Q3 2025 gross profit was $14.1M, up 9.2% year-over-year; gross margin declined to 75.8% from 80.3% due to higher platform fees and AI server costs.

  • Operating cash flow for Q3 2025 was $2.8M, down 34.6% year-over-year; nine-month operating cash flow was $10.8M, up 10.3%.

  • Cash and cash equivalents as of September 30, 2025, were $127.9M, with total liquidity (including time deposits and money market funds) at $170.1M.

Outlook and guidance

  • Reaffirmed full-year 2025 revenue guidance of 13.0% to 14.5% year-over-year growth.

  • Focus remains on sustainable growth through AI innovation and strategic diversification.

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Frequently asked questions

Perfect Corp. is a company in the beauty and fashion technology sectors, known for its use of artificial intelligence (AI) and augmented reality (AR) solutions. Established in 2015, the company focuses on offering a wide range of SaaS solutions designed to enhance customer engagement and drive sales growth for beauty and fashion brands. These solutions encompass Beauty AI, Skin AI, Fashion AI, and Generative AI, aimed at supporting brands through digital transformation. Perfect Corp.'s offerings include AR- and AI-powered makeup, skin analysis, hair, jewelry, accessories, glasses, watches, nails, men's grooming, product recommendations, face analyzer, beauty advisor services, AR live casting for web and app, in-store QR code try-on, and various virtual try-on applications. It also develops popular consumer apps such as YouCam Makeup, YouCam Perfect, YouCam Video, YouCam Cut, YouCam Nails, and YouCam Fun. The company is headquartered in New Taipei City, Taiwan, and its shares are listed on the NYSE.

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