Peraso Inc. reported financial results for the second quarter ended June 30, 2026. Total net revenue increased approximately 36% sequentially to $1.3 million from $1.0 million in the prior quarter, driven by shipments of mmWave products to a new fixed wireless access customer. GAAP net loss was $2.2 million, or ($0.16) per share, compared with a net loss of $2.5 million, or ($0.22) per share, in the previous quarter. Gross margin improved to 63.7% from 61.5%. The company noted that irregular order patterns and supply chain constraints are expected to persist into the fourth quarter. Peraso Inc. operates in the semiconductor industry, providing high-performance 60 GHz wireless technology chipsets, modules, software, and IP for applications including fixed wireless access, defense, and drone communications.
