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Peraso Earnings Calls
| Release date | May 11, 2026 |
| EPS estimate | -$0.180 |
| EPS actual | -$0.200 |
| EPS Surprise | -11.11% |
| Revenue estimate | 1.15M |
| Revenue actual | 963K |
| Revenue Surprise | -16.26% |
| Release date | Mar 16, 2026 |
| EPS estimate | -$0.160 |
| EPS actual | -$0.130 |
| EPS Surprise | 18.75% |
| Revenue estimate | 2.955M |
| Revenue actual | 2.869M |
| Revenue Surprise | -2.91% |
| Release date | Nov 10, 2025 |
| EPS estimate | -$0.250 |
| EPS actual | -$0.150 |
| EPS Surprise | 40.00% |
| Revenue estimate | 3.213M |
| Revenue actual | 3.234M |
| Revenue Surprise | 0.669% |
| Release date | Aug 11, 2025 |
| EPS estimate | -$0.440 |
| EPS actual | -$0.280 |
| EPS Surprise | 36.36% |
| Revenue estimate | 3.051M |
| Revenue actual | 2.22M |
| Revenue Surprise | -27.23% |
Last 4 Quarters for Peraso
Below you can see how PRSO performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Aug 11, 2025 |
| Price on release | $0.84 |
| EPS estimate | -$0.440 |
| EPS actual | -$0.280 |
| EPS surprise | 36.36% |
| Date | Price |
|---|---|
| Aug 05, 2025 | $0.87 |
| Aug 06, 2025 | $0.85 |
| Aug 07, 2025 | $0.84 |
| Aug 08, 2025 | $0.86 |
| Aug 11, 2025 | $0.84 |
| Aug 12, 2025 | $0.83 |
| Aug 13, 2025 | $0.84 |
| Aug 14, 2025 | $0.89 |
| Aug 15, 2025 | $0.88 |
| 4 days before | -3.96% |
| 4 days after | 5.35% |
| On release day | -1.17% |
| Change in period | 1.18% |
| Release date | Nov 10, 2025 |
| Price on release | $1.04 |
| EPS estimate | -$0.250 |
| EPS actual | -$0.150 |
| EPS surprise | 40.00% |
| Date | Price |
|---|---|
| Nov 04, 2025 | $1.24 |
| Nov 05, 2025 | $1.26 |
| Nov 06, 2025 | $1.16 |
| Nov 07, 2025 | $1.14 |
| Nov 10, 2025 | $1.04 |
| Nov 11, 2025 | $1.01 |
| Nov 12, 2025 | $0.95 |
| Nov 13, 2025 | $0.85 |
| Nov 14, 2025 | $0.90 |
| 4 days before | -16.13% |
| 4 days after | -13.55% |
| On release day | -2.88% |
| Change in period | -27.49% |
| Release date | Mar 16, 2026 |
| Price on release | $1.87 |
| EPS estimate | -$0.160 |
| EPS actual | -$0.130 |
| EPS surprise | 18.75% |
| Date | Price |
|---|---|
| Mar 10, 2026 | $1.52 |
| Mar 11, 2026 | $1.40 |
| Mar 12, 2026 | $1.47 |
| Mar 13, 2026 | $1.49 |
| Mar 16, 2026 | $1.87 |
| Mar 17, 2026 | $1.20 |
| Mar 18, 2026 | $1.12 |
| Mar 19, 2026 | $1.20 |
| Mar 20, 2026 | $1.21 |
| 4 days before | 23.03% |
| 4 days after | -35.29% |
| On release day | -35.83% |
| Change in period | -20.39% |
| Release date | May 11, 2026 |
| Price on release | $1.38 |
| EPS estimate | -$0.180 |
| EPS actual | -$0.200 |
| EPS surprise | -11.11% |
| Date | Price |
|---|---|
| May 05, 2026 | $1.00 |
| May 06, 2026 | $0.97 |
| May 07, 2026 | $0.94 |
| May 08, 2026 | $0.99 |
| May 11, 2026 | $1.38 |
| May 12, 2026 | $1.04 |
| May 13, 2026 | $0.98 |
| May 14, 2026 | $1.00 |
| May 15, 2026 | $0.98 |
| 4 days before | 38.03% |
| 4 days after | -29.24% |
| On release day | -25.00% |
| Change in period | -2.33% |
Peraso Earnings Call Transcript Summary of Q1 2026
Key points for investors:
- Q1 2026 revenue was $1.0M (product revenue $0.7M), down sequentially and year-over-year; decline driven largely by delayed shipment of a sizable order and lower legacy memory IC shipments. mmWave product revenue was $0.6M in Q1.
- The delayed order has shipped in Q2; management says the supplier issue is resolved and the company is taking steps to reduce reliance on single suppliers.
- Fixed wireless access (FWA) remains the largest market, but near-term demand is subdued due to memory shortages and customer order lumpiness; MikroTik design win (nRay product) is expected to drive incremental deployments.
- Tactical/defense is an emerging, potentially large market opportunity: Peraso announced InTACT as a defense contractor customer, delivered initial limited production for a Drone IFF (Identification Friend or Foe) solution, and has planned field trials in August. Management expects NRE activity in H2 2026 and potential production ramps in H1 2027 but timing/volume are uncertain.
- Adjacent growth opportunities include Edge AI (robotaxis, drones, factory floor/autonomous device hubs) where 60 GHz narrow-beam links address interference and bandwidth challenges. Management is pursuing multiple evaluations and design-win opportunities.
- Financials and liquidity: Q1 gross margin 61.5% (mixed drivers); GAAP net loss $2.5M ($0.22/share); non-GAAP net loss $2.3M ($0.20/share); adjusted EBITDA negative $2.3M. Cash was ~$2.7M at 3/31/26. The company raised ~$2.3M from ATM sales in Q1.
- Outlook and corporate actions: Management expects Q2 2026 revenue of approximately $1.2M. The company is continuing a strategic review (including potential M&A or other alternatives) and remains open to additional capital sources. Share count reported ~14.2M (update expected ~14.5M after ATM activity).
- Cost posture: Non-GAAP operating expenses are running near ~$3M/quarter after prior cost reductions and containment measures. Management’s near-term priority is converting customer engagements/NRE into production orders to restore revenue growth.
