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Side-by-side financial comparison of NORTH EUROPEAN OIL ROYALTY TRUST (NRT) 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 $2.2M, roughly 1.3× NORTH EUROPEAN OIL ROYALTY TRUST). NORTH EUROPEAN OIL ROYALTY TRUST runs the higher net margin — 87.2% vs -43.3%, a 130.5% gap on every dollar of revenue. On growth, NORTH EUROPEAN OIL ROYALTY TRUST posted the faster year-over-year revenue change (329.5% vs -22.0%).

North European Oil Royalty Trust is a publicly traded royalty trust holding overriding royalty interests in North Sea oil and gas producing properties. It earns revenue from its assets' production sales, distributing nearly all net income to unitholders regularly, with no active drilling or exploration operations.

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.

NRT vs PRSO — Head-to-Head

Bigger by revenue
PRSO
PRSO
1.3× larger
PRSO
$2.9M
$2.2M
NRT
Growing faster (revenue YoY)
NRT
NRT
+351.5% gap
NRT
329.5%
-22.0%
PRSO
Higher net margin
NRT
NRT
130.5% more per $
NRT
87.2%
-43.3%
PRSO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NRT
NRT
PRSO
PRSO
Revenue
$2.2M
$2.9M
Net Profit
$1.9M
$-1.2M
Gross Margin
52.2%
Operating Margin
-44.6%
Net Margin
87.2%
-43.3%
Revenue YoY
329.5%
-22.0%
Net Profit YoY
581.3%
20.3%
EPS (diluted)
$-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.

Revenue
NRT
NRT
PRSO
PRSO
Q1 26
$2.2M
Q4 25
$2.9M
Q3 25
$3.2M
Q2 25
$2.2M
Q1 25
$519.4K
$3.9M
Q4 24
$3.7M
Q3 24
$3.8M
Q2 24
$4.2M
Net Profit
NRT
NRT
PRSO
PRSO
Q1 26
$1.9M
Q4 25
$-1.2M
Q3 25
$-1.2M
Q2 25
$-1.8M
Q1 25
$285.5K
$-471.0K
Q4 24
$-1.6M
Q3 24
$-2.7M
Q2 24
$-4.4M
Gross Margin
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
52.2%
Q3 25
56.2%
Q2 25
48.3%
Q1 25
69.3%
Q4 24
56.3%
Q3 24
47.0%
Q2 24
55.5%
Operating Margin
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
-44.6%
Q3 25
-36.8%
Q2 25
-80.0%
Q1 25
-13.3%
Q4 24
-44.3%
Q3 24
-70.3%
Q2 24
-105.6%
Net Margin
NRT
NRT
PRSO
PRSO
Q1 26
87.2%
Q4 25
-43.3%
Q3 25
-37.4%
Q2 25
-82.4%
Q1 25
55.0%
-12.2%
Q4 24
-42.4%
Q3 24
-70.6%
Q2 24
-104.4%
EPS (diluted)
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
$-0.09
Q3 25
$-0.17
Q2 25
$-0.31
Q1 25
$-0.10
Q4 24
$0.36
Q3 24
$-0.98
Q2 24
$-1.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NRT
NRT
PRSO
PRSO
Cash + ST InvestmentsLiquidity on hand
$3.9M
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.6M
Total Assets
$3.9M
$6.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRT
NRT
PRSO
PRSO
Q1 26
$3.9M
Q4 25
$2.9M
Q3 25
Q2 25
Q1 25
Q4 24
$3.3M
Q3 24
$1.3M
Q2 24
$1.9M
Stockholders' Equity
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
$4.6M
Q3 25
$3.6M
Q2 25
$3.0M
Q1 25
$3.6M
Q4 24
$3.5M
Q3 24
$2.0M
Q2 24
$3.6M
Total Assets
NRT
NRT
PRSO
PRSO
Q1 26
$3.9M
Q4 25
$6.1M
Q3 25
$6.2M
Q2 25
$5.5M
Q1 25
$6.7M
Q4 24
$7.2M
Q3 24
$7.2M
Q2 24
$9.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NRT
NRT
PRSO
PRSO
Operating Cash FlowLast quarter
$-1.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
$-1.1M
Q3 25
$-1.5M
Q2 25
$-2.0M
Q1 25
$-966.0K
Q4 24
$-687.0K
Q3 24
$-683.0K
Q2 24
$-659.0K
Free Cash Flow
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
Q3 25
$-1.6M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
Q3 25
-48.9%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
NRT
NRT
PRSO
PRSO
Q1 26
Q4 25
Q3 25
1.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NRT
NRT

Segment breakdown not available.

PRSO
PRSO

Products$2.8M96%
Other$105.0K4%

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