vs
Side-by-side financial comparison of EMERSON RADIO CORP (MSN) and Peraso Inc. (PRSO). Click either name above to swap in a different company.
Peraso Inc. is the larger business by last-quarter revenue ($2.9M vs $1.9M, roughly 1.5× EMERSON RADIO CORP). EMERSON RADIO CORP runs the higher net margin — -36.7% vs -43.3%, a 6.6% gap on every dollar of revenue. On growth, Peraso Inc. posted the faster year-over-year revenue change (-22.0% vs -52.8%). Over the past eight quarters, Peraso Inc.'s revenue compounded faster (1.0% CAGR vs -7.3%).
Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo.
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.
MSN vs PRSO — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.9M | $2.9M |
| Net Profit | $-694.0K | $-1.2M |
| Gross Margin | 10.9% | 52.2% |
| Operating Margin | -43.7% | -44.6% |
| Net Margin | -36.7% | -43.3% |
| Revenue YoY | -52.8% | -22.0% |
| Net Profit YoY | -31.7% | 20.3% |
| EPS (diluted) | $-0.03 | $-0.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.9M | $2.9M | ||
| Q3 25 | $1.2M | $3.2M | ||
| Q2 25 | $1.7M | $2.2M | ||
| Q1 25 | $1.8M | $3.9M | ||
| Q4 24 | $4.0M | $3.7M | ||
| Q3 24 | $2.7M | $3.8M | ||
| Q2 24 | $2.2M | $4.2M | ||
| Q1 24 | $2.2M | $2.8M |
| Q4 25 | $-694.0K | $-1.2M | ||
| Q3 25 | $-1.0M | $-1.2M | ||
| Q2 25 | $-1.1M | $-1.8M | ||
| Q1 25 | $-2.4M | $-471.0K | ||
| Q4 24 | $-527.0K | $-1.6M | ||
| Q3 24 | $-881.0K | $-2.7M | ||
| Q2 24 | $-962.0K | $-4.4M | ||
| Q1 24 | $-883.0K | $-2.0M |
| Q4 25 | 10.9% | 52.2% | ||
| Q3 25 | -0.1% | 56.2% | ||
| Q2 25 | 0.7% | 48.3% | ||
| Q1 25 | -3.0% | 69.3% | ||
| Q4 24 | 12.3% | 56.3% | ||
| Q3 24 | 9.9% | 47.0% | ||
| Q2 24 | 8.8% | 55.5% | ||
| Q1 24 | 15.9% | 46.4% |
| Q4 25 | -43.7% | -44.6% | ||
| Q3 25 | -98.4% | -36.8% | ||
| Q2 25 | -78.1% | -80.0% | ||
| Q1 25 | -137.8% | -13.3% | ||
| Q4 24 | -18.3% | -44.3% | ||
| Q3 24 | -40.8% | -70.3% | ||
| Q2 24 | -55.6% | -105.6% | ||
| Q1 24 | -52.2% | -128.9% |
| Q4 25 | -36.7% | -43.3% | ||
| Q3 25 | -85.8% | -37.4% | ||
| Q2 25 | -68.1% | -82.4% | ||
| Q1 25 | -127.9% | -12.2% | ||
| Q4 24 | -13.2% | -42.4% | ||
| Q3 24 | -32.2% | -70.6% | ||
| Q2 24 | -43.8% | -104.4% | ||
| Q1 24 | -40.1% | -72.1% |
| Q4 25 | $-0.03 | $-0.09 | ||
| Q3 25 | $-0.05 | $-0.17 | ||
| Q2 25 | $-0.05 | $-0.31 | ||
| Q1 25 | $-0.10 | $-0.10 | ||
| Q4 24 | $-0.03 | $0.36 | ||
| Q3 24 | $-0.04 | $-0.98 | ||
| Q2 24 | $-0.05 | $-1.88 | ||
| Q1 24 | $-0.04 | $-1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.3M | $2.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $18.6M | $4.6M |
| Total Assets | $20.1M | $6.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.3M | $2.9M | ||
| Q3 25 | $13.5M | — | ||
| Q2 25 | $15.5M | — | ||
| Q1 25 | $16.1M | — | ||
| Q4 24 | $16.4M | $3.3M | ||
| Q3 24 | $16.7M | $1.3M | ||
| Q2 24 | $18.9M | $1.9M | ||
| Q1 24 | $19.9M | $2.4M |
| Q4 25 | $18.6M | $4.6M | ||
| Q3 25 | $19.3M | $3.6M | ||
| Q2 25 | $20.4M | $3.0M | ||
| Q1 25 | $21.5M | $3.6M | ||
| Q4 24 | $23.9M | $3.5M | ||
| Q3 24 | $24.4M | $2.0M | ||
| Q2 24 | $25.3M | $3.6M | ||
| Q1 24 | $26.2M | $6.7M |
| Q4 25 | $20.1M | $6.1M | ||
| Q3 25 | $20.7M | $6.2M | ||
| Q2 25 | $23.3M | $5.5M | ||
| Q1 25 | $23.5M | $6.7M | ||
| Q4 24 | $26.4M | $7.2M | ||
| Q3 24 | $26.6M | $7.2M | ||
| Q2 24 | $28.5M | $9.8M | ||
| Q1 24 | $29.1M | $11.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-228.0K | $-1.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-228.0K | $-1.1M | ||
| Q3 25 | $-2.0M | $-1.5M | ||
| Q2 25 | $-514.0K | $-2.0M | ||
| Q1 25 | $-391.0K | $-966.0K | ||
| Q4 24 | $-293.0K | $-687.0K | ||
| Q3 24 | $-2.1M | $-683.0K | ||
| Q2 24 | $-840.0K | $-659.0K | ||
| Q1 24 | $-2.2M | $-2.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-1.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-301.0K | — | ||
| Q3 24 | $-2.1M | — | ||
| Q2 24 | $-1.0M | — | ||
| Q1 24 | $-2.3M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -48.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -7.5% | — | ||
| Q3 24 | -77.8% | — | ||
| Q2 24 | -46.4% | — | ||
| Q1 24 | -102.3% | — |
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | 1.1% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 8.2% | — | ||
| Q1 24 | 0.5% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MSN
| Products | $1.8M | 95% |
| Other | $87.0K | 5% |
PRSO
| Products | $2.8M | 96% |
| Other | $105.0K | 4% |
