Q2 FY2026 EarningsQ2 FY26 results missed consensus significantly on the top line, with revenue of $1.3M failing to meet the $3.0M expectation. Despite a sequential increase driven by mmWave product shipments, the net loss widened compared to the previous year. Gross margin was a bright spot at 63.7%, well exceeding the 52.9% consensus due to a favorable mix of engineering services and mmWave products. Management cited irregular order patterns and component supply constraints, which are expected to persist into Q4 FY26.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Peraso(PRSO) the Revenue is 1.307 M (-41.13%), Miss estimate;the EBIT is -2.236 M (-25.83%), Miss estimate;the EPS is -0.16 (--%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.00B41.13%
0.00B34.01%
-0.00B75.14%
EBITMiss expectations
-0.00B25.83%
-0.00B31.91%
-0.00B57.74%
EPSMiss expectations
-0.16--
-0.1--
-0.0600--%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf