Peraso Inc. (PRSO) Q2 2026 Earnings Call Transcript
Peraso Inc. (PRSO) Q2 2026 Earnings Call Transcript

Peraso Inc. operates as a fabless semiconductor company, specializing in the design and sale of semiconductor devices and modules. A key area ...
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Est. EPS $-0.15 · Revenue $1.10M · 1 analysts
Est. EPS $-0.13 · Revenue $1.98M · 1 analysts
Est. EPS $-0.64 · Revenue $5.34M · 1 analysts
Est. EPS $-0.12 · Revenue $2.25M · 1 analysts
EPS $-0.31 · Revenue $2.22M
EPS $-0.10 · Revenue $3.87M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $12.2M | -16.3% | +35.7% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-4.8M | +55.7% | +11.1% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +58.0% | +12.1% | +3.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -40.9% | +52.1% | +33.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -39.0% | +47.0% | +34.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-5.7M | -24.9% | +34.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -46.9% | -49.2% | +51.4% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 4.1% | -55.3% | -24.7% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 4.14x | +130.2% | -5.1% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $6.1M | -15.6% | +6.1% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.67 vs -0.70 | +4.3% | -0.16 vs -0.18 | +11.1% |
| Revenue Surprise | $12.2M vs $12.4M | -1.5% | $1.3M vs $1.3M | +4.6% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Feb 9, 2026 | SULLIVAN JAMES | officer: Chief Financial Officer | Stock Option (right to buy) | A | 60,000 | $0.87 |
| Feb 9, 2026 | Glibbery Ronald | director, officer: Chief Executive Officer | Stock Option (right to buy) | A | 60,000 | $0.87 |
| Feb 9, 2026 | Lynch Brad | officer: Chief Operating Officer | Stock Option (right to buy) | A | 60,000 | $0.87 |
| Feb 9, 2026 | Tomkins Alex | officer: Chief Technology Officer | Stock Option (right to buy) | A | 60,000 | $0.87 |
| Jan 7, 2026 | Links Cornelis | director | Stock Option (right to buy) | A | 100,000 | $1.00 |
Operator: Good afternoon, and welcome to Peraso Inc.'s Second Quarter 2026 Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded today, Tuesday, August 11, 2026. I would now like to turn the call over to your host for today's conference call, Mr. Jim Sullivan. Please go ahead. James Sullivan: Good afternoon, and thank you for joining today's conference call to discuss Peraso's Second Quarter 2026 Financial Results. I'm Jim Sullivan, CFO of Peraso and joining me today is Ron Glibbery, our CEO. Today, after the market closed, we issued a press release and related Form 8-K, which was filed with the Securities and Exchange Commission. The press release and Form 8-K are available on Peraso's website at www.perasoinc.com under the Investor Relations section. There is also a slide presentation that we will be using in conjunction with today's call that may be accessed through the webcast link on the IR website. As a reminder, comments made during today's conference call may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. All statements other than statements of historical facts could be deemed as forward-looking. Peraso advises caution and reliance on forward-looking statements. These statements include, without limitation, any projections of revenue, margins, expenses, non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, adjusted EBITDA, non-GAAP net loss, cash flows or other financial items, including anticipated cost savings as well as any statements concerning the expected development, performance and market share or competitive performance of our products or technologies. Any statements regarding the sufficiency of the company's capital resources and its ability to continue as a going concern, any statements regarding customer demand forecasts and concentration risk and any statements related to prospective future financing arrangements or capital transactions and the evaluation or pursuit of strategic alternatives. All forward-looking statements are based on information available to Peraso on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause Peraso's actual results to differ materially from those implied by the forward-looking statements, including unexpected changes in the company's business. More detailed information about these risk factors and additional risk factors are set forth in Peraso's public filings with the SEC. Peraso expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Additionally, the company's press release and management statements during this conference call will include discussions of certain measures and financial information in terms of …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Ronald Glibbery | Co-Founder, Chief Executive Officer & Director | USD 400,000 | Male | 1962 | Active |
James W. Sullivan | Chief Financial Officer & Secretary | USD 305,000 | Male | 1968 | Active |
Brad Lynch | Chief Operating Officer | USD 275,000 | Male | 1973 | Active |
Alexander Tomkins | Co-Founder & Chief Technology Officer | USD 197,926 | Male | 1984 | Active |
Peraso Inc. (PRSO) Q2 2026 Earnings Call Transcript

Peraso (PRSO) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to a loss of $0.28 per share a year ago.

SAN JOSE, CA / ACCESS Newswire / August 11, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a leader in high-performance 60 GHz wireless technology, today announced financial results for the second quarter ended June 30, 2026. Management Commentary "Second quarter revenue increased approximately 36% sequentially and was above our previous expectations, primarily reflecting the fulfillment of a previously delayed order shipment to a new fixed wireless access customer," commented Ron Glibbery, CEO of Peraso.

SAN JOSE, CA / ACCESS Newswire / August 10, 2026 / Peraso Inc. (NASDAQ:PRSO) ("Peraso" or the "Company"), a pioneer in mmWave wireless technology solutions, today announced the introduction of the "PRM2145," a new wireless communications module specifically designed to address the requirements of unmanned aerial vehicles (UAV), autonomous systems, and defense communications applications. The launch of the PRM2145 marks an important expansion of Peraso's product portfolio in the rapidly growing defense and UAV communications markets.

Ceva (NASDAQ: CEVA - Get Free Report) and Peraso (NASDAQ: PRSO - Get Free Report) are both small-cap technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, profitability, institutional ownership, earnings and valuation. Insider and Institutional Ownership 85.4% of Ceva shares are
