Peraso
Develops millimeter-wave wireless chips and modules for fixed-wireless, tactical, transportation and device links.
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Profile
Sells millimeter-wave ICs and integrated antenna modules to equipment makers and distributors, with additional engineering, license and royalty revenue. The fabless business depends on OEM design wins and external production partners while legacy memory products are phased out.
Designs 60 GHz millimeter-wave chipsets, phased-array antenna modules, firmware and software for fixed-wireless access, backhaul, tactical communications, transportation, and high-bandwidth device links. PERSPECTUS and VERSATUS module families combine silicon, antennas and software for long-range point-to-point and point-to-multipoint networks.
Operates as a single-segment fabless semiconductor business, selling to equipment makers, distributors and other customers; non-recurring engineering, technology licenses and royalties provide additional revenue streams. Revenue is globally distributed, with Taiwan its largest destination and Europe and North America also material. Designs products and intellectual property internally, while independent contractors handle wafer fabrication, assembly, testing and packaging; customer adoption depends on equipment makers integrating the technology into finished products. Legacy memory IC revenue is not expected to remain meaningful after the sole foundry discontinued its applicable process.
Company facts
Key statistics
Year to date −29.8% · Average volume (30d) 286.3K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior target | Target |
|---|---|---|---|---|
| Dec 5, 2025 | Williams Trading | Target | $4 | $3 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 11, 2026Q2 FY26 | −$0.18 | −$0.15 | +16.7% | $1.3M | $1.3M | +4.6% | −4.32% |
| May 11, 2026Q1 FY26 | −$0.18 | −$0.20 | −11.1% | $1.2M | $963.0K | −16.3% | −25.36% |
| Mar 16, 2026Q4 FY25 | −$0.16 | −$0.13 | +18.8% | $3.0M | $2.9M | −2.9% | −35.83% |
| Nov 10, 2025Q3 FY25 | −$0.25 | −$0.15 | +40.0% | $3.2M | $3.2M | +0.7% | −2.88% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $3.9M | $2.2M | $3.2M | $2.9M | $963.0K | $1.3M | |
| Gross profit | $2.7M | $1.1M | $1.8M | $1.5M | $592.0K | $833.0K | |
| Operating income | −$514.0K | −$1.8M | −$1.2M | −$1.3M | −$2.5M | −$2.2M | |
| Net income | −$471.0K | −$1.8M | −$1.2M | −$1.2M | −$2.5M | −$2.2M | |
| Diluted EPS | −$0.10 | −$0.31 | −$0.17 | −$0.13 | −$0.22 | −$0.16 | |
| Gross margin | 69.3% | 48.3% | 56.2% | 52.2% | 61.5% | 63.7% | |
| Operating margin | -13.3% | -80.0% | -36.8% | -44.6% | -257.9% | -171.1% |
Fiscal years (4-quarter sums)FY21 $5.7M · FY22 $14.9M · FY23 $13.8M · FY24 $14.6M · FY25 $12.2M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $3.3M · Total debt $128.0K · Total assets $6.8M · Shareholders' equity $4.9M
Dividends
No dividends on record.
Ownership
Shares outstanding 15.04M · Float 14.55M · 96.7% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Iroquois Capital Management, LLC | 371.4K | 6.88% | 13G | Aug 14, 2025 |
| Daniel Lee Lewis · director | 54.3K | 0.36% | Form 4 | Jan 9, 2026 |
| Robert Y. IV Newell · director | 53.9K | 0.36% | Form 4 | Jan 9, 2026 |
| Andreas Melder · director | 51.9K | 0.34% | Form 4 | Jan 9, 2026 |
| Cornelis Links · director | 50.0K | 0.33% | Form 4 | Jan 29, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- Ubiquiti
60 GHz PtP and PtMP radios contest WISP network deployments.
- Ceragon Networks
Siklu by Ceragon sells 60 GHz PtP, PtMP and mesh systems.
- Qualcomm
Historic primary rival in 60 GHz 802.11ad/ay silicon.
- Aviat Networks
Microwave and mmWave transport systems substitute for 60 GHz links.
- Nokia (ADR)
5G mmWave FWA is an alternative for broadband-access builds.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Peraso | $0.6300 | −0.35% | $9.6M | — | — | 1.1 | −41.1% |
| Ubiquiti | $599.00 | −0.13% | $36.27B | 37.8 | 33.9 | 11.1 | +23.5% |
| Ceragon Networks | $2.12 | +1.44% | $190.0M | — | 13.3 | 0.5 | +14.2% |
| Qualcomm | $164.28 | +0.07% | $172.40B | 18.7 | 17.7 | 3.9 | −4.0% |
| Aviat Networks | $20.00 | −0.45% | $258.8M | 103.9 | 6.8 | 0.6 | +7.3% |
| Nokia (ADR) | $10.18 | −0.29% | $55.14B | 71.4 | 24.3 | 2.5 | +2.3% |
| Median | 54.6 | 17.7 | 2.5 | +7.3% |