Filing Flows › Peraso (PRSO) › Q2 2025
Peraso (PRSO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Peraso (PRSO) reported revenue of $2.2M for the second quarter 2025 (Q2 2025), -48% from a year earlier and -43% from the quarter before. Operating margin was -80.0%, net loss $1.8M (82.4% of revenue).
Peraso, Q2 2025: revenue $2.2M (-48% year over year), operating margin -80.0%, net loss $1.8M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | -43% | -48% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$2.0M | — | — |
What changed
Revenue was $2.2M in Q2 2025, down 48% year over year and down 43% from the previous quarter. mm Wave ICs was the largest line at 59% of revenue. Royalty and Other lost $127K year over year (down 98%), 6% of the total change.
Gross margin was 48.3%, down 7.1 points from a year earlier. Operating costs exceeded revenue by $1.8M, an operating margin of -80.0%. Operating expenses fell 58% while revenue fell 48%. The quarter ended with a net loss of $1.8M, wider than the previous quarter's $471K loss.
Operating cash flow was −$2.0M. Non-cash charges added back $62K of depreciation and amortization and $141K of share-based compensation. Working capital and other items used $415K.
Questions
What was Peraso's revenue in the second quarter 2025?
Peraso (PRSO) reported revenue of $2.2M for the second quarter 2025 (Q2 2025), -48% from a year earlier and -43% from the quarter before.
Was Peraso profitable in the second quarter 2025?
Operating loss was $1.8M (-80.0% of revenue) and net loss $1.8M.
Source: Peraso 10-Q on SEC EDGAR.