Peraso Inc.: Peraso Announces Second Quarter 2026 Results
Peraso Inc. (NASDAQ:PRSO) reported Q2 2026 results for the quarter ended June 30, 2026. Net revenue was $1.3 million versus $1.0 million in Q1 2026 and $2.2 million in Q2 2025. Product revenue rose sequentially to $1.2 million. Gross margin was 63.7%. GAAP net loss was $2.2 million, or $0.16 per share.
How this was made
The 30-second read
Why it matters
Traders should focus on whether the delayed-order fulfillment is a one-off timing benefit versus evidence of durable commercial traction, given management’s expectation that irregular order patterns extend into Q4.
Market read
The release provides fresh quarterly financials and management commentary that can reprice near-term expectations for revenue durability and margin quality.
What to watch
Gross margin improvement is partly attributed to non-recurring engineering services and inventory write-down sales, which may not be repeatable in future quarters.
Background
Peraso is a 60 GHz wireless technology company, and its fixed wireless access customers are navigating component and memory price constraints.
Ticker impact
Peraso reported Q2 2026 revenue of $1.3M, gross margin 63.7%, and said sequential growth came from a previously delayed fixed wireless access order shipment.
Likely near-term volatility driven by the mix of better sequential revenue and margin versus guidance uncertainty around irregular order patterns extending into Q4.
The article provides concrete quarterly financials and a specific driver for the sequential increase, plus a forward-looking caution that could temper upside expectations despite margin improvement.
Market effects
Highlights demand and supply-chain sensitivity in 60 GHz fixed wireless access and mmWave component availability, which can affect sentiment for similar wireless hardware suppliers.
No specific regional market impact beyond US-listed earnings context.
Limited; the story is company-specific with no stated global regulatory or macro catalyst.
Counterpoint
Sequential revenue growth may be largely shipment-timing related from a delayed order, so investors may discount it until order patterns normalize.
Key entities
- companyPeraso Inc.
NASDAQ:PRSO, reported Q2 2026 results and discussed fixed wireless access order irregularities and 60 GHz mmWave demand.
- executiveRon Glibbery
CEO who attributed sequential revenue growth to a previously delayed order shipment and warned irregular order patterns may extend into Q4.
- executiveJim Sullivan
CFO scheduled to host the earnings call and webcast.


