PRSO

MKT CAP:$13M

Peraso Inc.

Market Cap

$13M

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Technology·Semiconductors·🇺🇸·NASDAQ

Stock Price

$1.01+$0.11 (+12.07%)

Apr 20, 2026

Company Details

Peraso Inc. operates as a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules. It focuses on development of millimeter wavelength (mmWave) for the 60 gigahertz, spectrum, and for 5G cellular network...

CEO

Ronald Glibbery

IPO Date

Jul 17, 2001

Website

perasoinc.com

Key Metrics TTM

Revenue

$12M

-16.3% YoY

Net Income

-$5M

EPS (Diluted)

-$0.71

Free Cash Flow

-$6M

Revenue / Share

$1.32

Gross Margin

58.0%

Operating Margin

-39.0%

Net Margin

-39.0%

FCF Margin

-46.9%

P/S

1.0x

P/E

—

Earnings Reports

Q1 2026

May 11, 2026

PENDING

FY 2025

Mar 30, 2026

$12M-16.3%EPS -$0.67

Q4 2025

Mar 30, 2026

$3M-22.0%EPS -$0.13

Q3 2025

Nov 12, 2025

$3M-15.8%EPS -$0.17

Q2 2025

Aug 13, 2025

$2M-47.6%EPS -$0.31

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$3M	$1M	-$7M
Q2 22	$4M	$1M	-$7M
Q3 22	$3M	$1M	-$4M
Q4 22	$4M	$2M	-$15M
Q1 23	$5M	$2M	-$4M
Q2 23	$2M	$608.0K	-$5M
Q3 23	$4M	$2M	-$4M
Q4 23	$2M	-$3M	-$8M
Q1 24	$3M	$1M	-$4M
Q2 24	$4M	$2M	-$4M
Q3 24	$4M	$2M	-$3M
Q4 24	$4M	$2M	-$2M
Q1 25	$4M	$3M	-$514.0K
Q2 25	$2M	$1M	-$2M
Q3 25	$3M	$2M	-$1M
Q4 25	$3M	$1M	-$1M

Valuation

Quarter	P/S	P/E
Q1 22	5.5x	—
Q2 22	3.7x	—
Q3 22	2.8x	—
Q4 22	1.3x	—
Q1 23	0.9x	—
Q2 23	1.0x	—
Q3 23	0.3x	—
Q4 23	0.9x	—
Q1 24	0.3x	—
Q2 24	0.3x	—
Q3 24	0.5x	—
Q4 24	0.4x	—
Q1 25	0.3x	—
Q2 25	0.6x	—
Q3 25	0.7x	—
Q4 25	0.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$6M	-$6M
Q2 22	-$6M	-$6M
Q3 22	-$2M	-$2M
Q4 22	-$3M	-$3M
Q1 23	-$1M	-$1M
Q2 23	-$2M	-$2M
Q3 23	-$2M	-$2M
Q4 23	$937.0K	$936.0K
Q1 24	-$3M	-$3M
Q2 24	-$659.0K	-$659.0K
Q3 24	-$683.0K	-$683.0K
Q4 24	-$687.0K	-$687.0K
Q1 25	-$966.0K	-$966.0K
Q2 25	-$2M	-$2M
Q3 25	-$2M	-$2M
Q4 25	-$1M	-$1M

Capital Expenditures

Quarter	CapEx
Q1 22	$96.0K
Q2 22	$267.0K
Q3 22	$235.0K
Q4 22	$411.0K
Q1 23	$84.0K
Q2 23	$7.0K
Q3 23	$2.0K
Q4 23	$1.0K
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$45.0K
Q3 25	$34.0K
Q4 25	$28.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+209.1%	+115.1%
Q2 22	+514.6%	+120.8%
Q3 22	+63.2%	+36.3%
Q4 22	+108.6%	+180.9%
Q1 23	+47.9%	-12.9%
Q2 23	-43.9%	-34.3%
Q3 23	+36.0%	+10.1%
Q4 23	-52.8%	-45.3%
Q1 24	-44.0%	-27.0%
Q2 24	+76.4%	+17.1%
Q3 24	-14.3%	-18.7%
Q4 24	+100.7%	-47.3%
Q1 25	+37.4%	-32.0%
Q2 25	-47.6%	-54.1%
Q3 25	-15.8%	-32.4%
Q4 25	-22.0%	-21.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$1M	34.4%
Q2 22	$2M	40.6%
Q3 22	$1M	44.0%
Q4 22	$1M	35.3%
Q1 23	$1M	26.0%
Q2 23	$1M	54.9%
Q3 23	$1M	29.2%
Q4 23	$1M	69.8%
Q1 24	$1M	43.4%
Q2 24	$1M	27.3%
Q3 24	$960.0K	25.0%
Q4 24	$251.0K	6.8%
Q1 25	$125.0K	3.2%
Q2 25	$141.0K	6.4%
Q3 25	$131.0K	4.1%
Q4 25	$124.0K	4.3%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 22	$5M	—
Q2 22	$6M	—
Q3 22	$5M	$3M
Q4 22	$4M	—
Q1 23	$4M	—
Q2 23	$4M	—
Q3 23	$3M	—
Q4 23	$3M	—
Q1 24	$3M	—
Q2 24	$3M	—
Q3 24	$2M	$2M
Q4 24	$2M	—
Q1 25	$2M	—
Q2 25	$2M	—
Q3 25	$2M	$1M
Q4 25	$1M	$1M

Revenue Segments

Quarter	Product	Royalty And Other
Q1 22	$3M	$199.0K
Q2 22	$4M	$164.0K
Q3 22	$3M	$234.0K
Q1 23	$5M	—
Q3 23	$4M	—
Q1 24	$3M	—
Q2 24	$4M	—
Q3 24	$4M	—
Q4 24	$4M	—
Q1 25	$4M	—

Revenue by Geography

Quarter	Hong Kong	Japan	North America	Rest Of World	Taiwan	Rest Of World Member	United States	Europe
Q1 22	$290.0K	$293.0K	$2M	$133.0K	$312.0K	—	—	—
Q2 22	$587.0K	$245.0K	$3M	$121.0K	$204.0K	—	—	—
Q3 22	$447.0K	$368.0K	$2M	$430.0K	$131.0K	—	—	—
Q1 24	$213.0K	—	—	—	$89.0K	$284.0K	$2M	—
Q2 24	$234.0K	—	—	—	$71.0K	$625.0K	$3M	—
Q3 24	$25.0K	—	—	—	$24.0K	$112.0K	$4M	—
Q1 25	$6.0K	—	$2M	—	$1M	$1M	—	—
Q3 25	$7.0K	—	$285.0K	—	$2M	$189.0K	—	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$4M	$6M	$10M
Q2 22	$3M	$2M	$5M
Q3 22	$3M	$1M	$4M
Q4 22	$2M	$1M	$3M
Q1 23	$805.0K	$587.0K	$1M
Q2 23	$2M	$594.0K	$3M
Q3 23	$689.0K	$0	$689.0K
Q4 23	$2M	$0	$2M
Q1 24	$2M	$0	$2M
Q2 24	$2M	$0	$2M
Q3 24	$1M	$0	$1M
Q4 24	$3M	$0	$3M
Q1 25	$3M	$0	$3M
Q2 25	$2M	$0	$2M
Q3 25	$2M	$0	$2M
Q4 25	$3M	$0	$3M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	494K	+123.3%	+277.2%
Q2 22	541K	+9.4%	+312.0%
Q3 22	501K	-7.4%	+131.0%
Q4 22	513K	+2.5%	+131.9%
Q1 23	568K	+10.6%	+14.9%
Q2 23	608K	+7.1%	+12.5%
Q3 23	715K	+17.5%	+42.7%
Q4 23	716K	+0.2%	+39.5%
Q1 24	2M	+166.3%	+235.7%
Q2 24	2M	+23.6%	+287.5%
Q3 24	3M	+17.9%	+289.0%
Q4 24	4M	+53.6%	+496.2%
Q1 25	5M	+13.1%	+153.2%
Q2 25	6M	+23.8%	+153.5%
Q3 25	7M	+21.4%	+161.0%
Q4 25	9M	+27.3%	+116.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$41.5K	82
Q2 22	$52.2K	82
Q3 22	$40.2K	82
Q4 22	$53.2K	73
Q1 23	$68.9K	73
Q2 23	$32.9K	73
Q3 23	$61.4K	73
Q4 23	$38.2K	48
Q1 24	$58.7K	48
Q2 24	$88.3K	48
Q3 24	$80.0K	48
Q4 24	$87.6K	42
Q1 25	$92.1K	42
Q2 25	$52.9K	42
Q3 25	$77.0K	42
Q4 25	$68.3K	42

Revenue / Employee