Filing Flows › Peraso (PRSO) › Q4 2024
Peraso (PRSO) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Peraso (PRSO) reported revenue of $3.7M for the fourth quarter 2024 (Q4 2024), +101% from a year earlier and -4% from the quarter before. Operating margin was -44.3%, net loss $1.6M (42.4% of revenue).
Peraso, Q4 2024: revenue $3.7M (+101% year over year), operating margin -44.3%, net loss $1.6M, operating cash flow −$687K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7M | -4% | +101% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.6M | — | — |
| Operating cash flow | −$687K | — | — |
What changed
Revenue was $3.7M in Q4 2024, up 101% year over year and down 4% from the previous quarter. Memory ICs was the largest line at 93% of revenue.
Gross margin was 56.3%. Operating costs exceeded revenue by $1.6M, an operating margin of -44.3%. The quarter ended with a net loss of $1.6M, narrower than the previous quarter's $2.7M loss.
Operating cash flow was −$687K. Non-cash charges added back $947K of depreciation and amortization and $251K of share-based compensation. Working capital and other items used $325K.
Questions
What was Peraso's revenue in the fourth quarter 2024?
Peraso (PRSO) reported revenue of $3.7M for the fourth quarter 2024 (Q4 2024), +101% from a year earlier and -4% from the quarter before.
Was Peraso profitable in the fourth quarter 2024?
Operating loss was $1.6M (-44.3% of revenue) and net loss $1.6M.
Source: Peraso 10-K on SEC EDGAR.