Perfect Corp. Q1 2026 Financial Results

Perfect Corp. reported its unaudited financial results for the first quarter ended March 31, 2026. Total revenue increased by 12.0% to $17.9 million, driven by growth in mobile app and web subscriptions, and virtual points revenue. Gross profit rose by 17.8% to $14.7 million, with a gross margin of 81.9%. The company swung to an operating income of $1.5 million from an operating loss of $0.2 million in the prior year period. Net income increased by 2.6% to $2.4 million. Operating cash flow was $4.2 million, a slight decrease from $4.3 million in Q1 2025. The company ended the quarter with $120.6 million in cash and cash equivalents. Key business metrics showed a decrease in active subscribers for YouCam apps, attributed to a strategic price increase, while the number of brand clients increased. Recent developments include the receipt and evaluation of a "Going Private" proposal.