Filing Flows › Peraso (PRSO) › Q2 2026
Peraso (PRSO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Peraso (PRSO) reported revenue of $1.3M for the second quarter 2026 (Q2 2026), -41% from a year earlier and +36% from the quarter before. Operating margin was -171.1%, net loss $2.2M (169.9% of revenue).
Peraso, Q2 2026: revenue $1.3M (-41% year over year), operating margin -171.1%, net loss $2.2M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | +36% | -41% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $1.3M in Q2 2026, down 41% year over year and up 36% from the previous quarter. mmWave modules was the largest line at 82% of revenue. mmWave ICs lost $1.2M year over year (down 94%), 136% of the total change.
Gross margin was 63.7%, up 15.4 points from Q2 2025. Operating costs exceeded revenue by $2.2M, an operating margin of -171.1%. Operating expenses grew 8% against a revenue fall of 41%. The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $2.5M loss.
Operating cash flow was −$1.6M. Non-cash charges added back $49K of depreciation and amortization and $170K of share-based compensation. Working capital and other items added $427K. Capital expenditures of $97K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Peraso's revenue in the second quarter 2026?
Peraso (PRSO) reported revenue of $1.3M for the second quarter 2026 (Q2 2026), -41% from a year earlier and +36% from the quarter before.
Was Peraso profitable in the second quarter 2026?
Operating loss was $2.2M (-171.1% of revenue) and net loss $2.2M.
Source: Peraso 10-Q on SEC EDGAR.