Quarterly ResultAug 11, 2026, 04:39 PM
Peraso Q2 Revenue $1.3M, GAAP Net Loss $2.2M
AI Summary
Peraso Inc. announced Q2 2026 financial results, with total net revenue of $1.3 million, a 36% sequential increase, exceeding previous expectations due to a delayed order fulfillment. The company reported a GAAP net loss of $2.2 million, or ($0.16) per share, and a non-GAAP net loss of $2.1 million, or ($0.15) per share. Gross margin improved significantly to 63.7% year-over-year. Management noted ongoing challenges from irregular order patterns, inflated memory prices, and supply constraints, but expressed optimism about its 60 GHz mmWave technology and focus on new design wins.
Key Highlights
- Q2 2026 total net revenue was $1.3 million, a 36% sequential increase.
- Q2 2026 GAAP net loss was $2.2 million, or ($0.16) per share.
- Q2 2026 non-GAAP net loss was $2.1 million, or ($0.15) per share.
- Gross margin for Q2 2026 increased to 63.7% from 48.3% in Q2 2025.
- Revenue exceeded expectations due to fulfillment of a previously delayed order.
- Business continues to be impacted by irregular order patterns and supply constraints.
- Optimistic about 60 GHz mmWave technology, seeing interest from drone manufacturers.
- Company focuses on supply chain resilience and securing new design wins.
Price Impact
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