Peraso Inc.PRSOEarnings & Financial Report
Peraso Inc. is a semiconductor technology firm specializing in the design and production of high-performance millimeter wave (mmWave) integrated circuits and modules. It delivers 5G and next-generation wireless connectivity solutions for telecom infrastructure, industrial IoT, fixed wireless access and consumer electronics segments, serving customers across North America, Asia Pacific and European markets.
Revenue
$2.8M
Gross Profit
$1.3M
Operating Profit
$-3.6M
Net Profit
$-2.0M
Gross Margin
46.4%
Operating Margin
-128.9%
Net Margin
-72.1%
YoY Growth
-44.0%
EPS
$-1.07
Peraso Inc. Q1 FY2024 Financial Summary
Peraso Inc. reported revenue of $2.8M (down 44.0% YoY) for Q1 FY2024, with a net profit of $-2.0M (up 35.5% YoY) (-72.1% margin). Cost of goods sold was $1.5M, operating expenses totaled $4.9M.
Key Financial Metrics
| Total Revenue | $2.8M |
|---|---|
| Net Profit | $-2.0M |
| Gross Margin | 46.4% |
| Operating Margin | -128.9% |
| Report Period | Q1 FY2024 |
Revenue Breakdown
Peraso Inc. Q1 FY2024 revenue of $2.8M breaks down across 2 segments, led by Products at $2.7M (95.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $2.7M | 95.0% |
| Other | $140.0K | 5.0% |
Peraso Inc. Revenue by Segment — Quarterly Trend
Peraso Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Products | $2.8M | $3.1M | $2.2M | $3.8M |
| Other | $105.0K | $172.0K | — | — |
Peraso Inc. Annual Revenue by Year
Peraso Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $12.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $12.2M |
| 2024 | $14.6M |
| 2023 | $13.7M |
| 2022 | $14.9M |
Peraso Inc. Quarterly Revenue & Net Profit History
Peraso Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.9M | -22.0% | $-1.2M | -43.3% |
| Q3 FY2025 | $3.2M | -15.8% | $-1.2M | -37.4% |
| Q2 FY2025 | $2.2M | -47.6% | $-1.8M | -82.4% |
| Q1 FY2025 | $3.9M | +37.4% | $-471.0K | -12.2% |
| Q4 FY2024 | $3.7M | +100.8% | $-1.6M | -42.4% |
| Q3 FY2024 | $3.8M | -14.3% | $-2.7M | -70.6% |
| Q2 FY2024 | $4.2M | +76.4% | $-4.4M | -104.4% |
| Q1 FY2024 | $2.8M | -44.0% | $-2.0M | -72.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.8M | $4.2M | $3.8M | $3.7M | $3.9M | $2.2M | $3.2M | $2.9M |
| YoY Growth | -44.0% | 76.4% | -14.3% | 100.8% | 37.4% | -47.6% | -15.8% | -22.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $11.5M | $9.8M | $7.2M | $7.2M | $6.7M | $5.5M | $6.2M | $6.1M |
| Liabilities | $4.8M | $6.2M | $5.2M | $3.7M | $3.1M | $2.5M | $2.6M | $1.4M |
| Equity | $6.7M | $3.6M | $2.0M | $3.5M | $3.6M | $3.0M | $3.6M | $4.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.5M | $-659000 | $-683000 | $-687000 | $-966000 | $-2.0M | $-1.5M | $-1.1M |