• Reported GAAP EPS of -$0.13 up 64.86% YoY • Reported revenue of $2.87M down -22.00% YoY
Bullish
Peraso achieved six-fold mmWave product revenue growth in 2025, secured new design wins, and demonstrated improved bottom-line results by disciplined expense management.
Bearish
Peraso experienced a decrease in Q4 2025 net revenue and gross margin, primarily due to lower memory IC product shipments. The company also faces going concern and Nasdaq listing compliance risks.