Peraso Reports Q2 2026 Revenue of $1.3 Million
Peraso (PRSO) reported Q2 2026 net revenue of $1.3 million, up from $1.0 million in Q1 2026 but down from $2.2 million a year earlier. Product revenue was $1.2 million. GAAP net loss was $2.2 million, or $0.16 per share. Gross margin was 63.7%. Cash and cash equivalents were $3.3 million at June 30, 2026.
How this was made
The 30-second read
Why it matters
Peraso’s quarter shows sequential revenue growth and higher gross margin, but continued GAAP net loss, negative adjusted EBITDA, and low cash balance. Management expects the current market dynamics to persist into Q4, which can influence near-term valuation and risk appetite.
Market read
Traders can reassess near-term demand durability and liquidity risk after the Q2 print, especially given management’s expectation that headwinds extend into Q4.
What to watch
Cash is only $3.3M as of June 30, 2026, so investors may underweight liquidity risk relative to revenue/margin optics; also, irregular order patterns could mean timing volatility rather than demand weakness.
Background
Quiver FilingTracker summarizes Peraso’s Q2 2026 financial results and management commentary on fixed wireless access customer ordering and supply constraints.
Ticker impact
Peraso reported Q2 2026 net revenue of $1.3M, with sequential growth tied to a previously delayed fixed wireless access order shipment.
Likely choppy to slightly negative bias if investors view the quarter as non-recurring and cash burn as a continuing risk.
The article provides concrete quarterly revenue, margin, loss, and cash figures plus management commentary that market dynamics may extend into Q4, but it does not include guidance ranges or a new contract beyond the delayed shipment.
Market effects
Highlights ongoing supply-chain and pricing headwinds in fixed wireless access components, which can affect sentiment across small-cap wireless hardware suppliers.
No specific regional spillover beyond US-listed small-cap tech/semis sentiment.
Limited; the disclosed drivers are company-specific (shipment timing, customer supply constraints).
Counterpoint
The sequential revenue jump from a delayed shipment could still indicate improving execution, and the gross margin strength (63.7%) may support a faster path to profitability than the headline loss suggests.
Key entities
- companyPeraso
PRSO reported Q2 2026 revenue of $1.3M, GAAP net loss of $2.2M, and cash of $3.3M, attributing sequential growth to a delayed fixed wireless access order shipment.
