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Peraso Inc. (PRSO) Fundamental Analysis & AI Grade 2026

PRSO Nasdaq Semiconductors & Related Devices DE CIK: 0000890394
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
85% Confidence
N/A
D
85% Conf
Pending
Analysis scheduled

📊 PRSO Key Takeaways

Revenue: $963.0K
Net Margin: -259.3%
Free Cash Flow: $-2.5M
Current Ratio: 3.34x
Debt/Equity: 2.00x
EPS: $-0.22
AI Grade: D with 85% confidence
Peraso Inc. (PRSO) receives a D fundamental grade with 85% confidence from our AI analysis based on SEC 10-K filings. With revenue of $963.0K, net profit margin of -259.3%, and return on equity (ROE) of -54.2%, Peraso Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete PRSO stock analysis for 2026.

Is Peraso Inc. (PRSO) a Good Investment?

Claude

Peraso is a micro-cap semiconductor company experiencing severe financial distress with declining revenue (-16.3% YoY), persistent operating losses, and significant cash burn (-$2.5M FCF). Despite improving loss trends and healthy 61.5% gross margins, the company's $2.7M cash position with 2.0x debt-to-equity ratio creates immediate liquidity risk if operational performance does not materially improve.

Peraso Inc. Key Strengths (PRSO)

Claude
  • + Healthy gross margin of 61.5% indicates viable product-market fit and pricing power
  • + Improving profitability trajectory with net losses declining 55.7% YoY
  • + Strong short-term liquidity with 3.34x current ratio and 2.40x quick ratio

PRSO Stock Risks: Peraso Inc. Investment Risks

Claude
  • ! Revenue declining 16.3% YoY with limited recovery visibility in competitive semiconductor sector
  • ! Negative operating cash flow of -$2.3M with company burning cash at unsustainable rate
  • ! Critical liquidity risk: $2.7M cash provides approximately 13 months of runway at current burn rate; high debt-to-equity ratio of 2.0x severely limits refinancing options

Key Metrics to Watch

Claude
  • * Quarterly revenue trend - reversal from decline is essential for survival
  • * Operating cash flow and cash balance trajectory - current runway is critically short
  • * Gross margin sustainability - any compression would accelerate path to insolvency

Peraso Inc. (PRSO) Financial Metrics & Key Ratios

Revenue
$963.0K
Net Income
$-2.5M
EPS (Diluted)
$-0.22
Free Cash Flow
$-2.5M
Total Assets
$6.4M
Cash Position
$2.7M

💡 AI Analyst Insight

Strong liquidity with a 3.34x current ratio provides a solid financial cushion.

PRSO Profit Margin, ROE & Profitability Analysis

Gross Margin 61.5%
Operating Margin -257.9%
Net Margin -259.3%
ROE -54.2%
ROA -39.0%
FCF Margin -262.9%

PRSO vs Technology Sector: How Peraso Inc. Compares

How Peraso Inc. compares to Technology sector averages

Net Margin
PRSO -259.3%
vs
Sector Avg 18.0%
PRSO Sector
ROE
PRSO -54.2%
vs
Sector Avg 22.0%
PRSO Sector
Current Ratio
PRSO 3.3x
vs
Sector Avg 2.5x
PRSO Sector
Debt/Equity
PRSO 2.0x
vs
Sector Avg 0.5x
PRSO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Peraso Inc. Stock Overvalued? PRSO Valuation Analysis 2026

Based on fundamental analysis, Peraso Inc. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
-54.2%
Sector avg: 22%
Net Profit Margin
-259.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.00x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Peraso Inc. Balance Sheet: PRSO Debt, Cash & Liquidity

Current Ratio
3.34x
Quick Ratio
2.40x
Debt/Equity
2.00x
Debt/Assets
28.0%
Interest Coverage
-118.29x
Long-term Debt
$9.2M

PRSO Revenue & Earnings Growth: 5-Year Financial Trend

PRSO 5-year financial data: Year 2018: Revenue $16.6M, Net Income N/A, EPS N/A. Year 2019: Revenue $16.6M, Net Income N/A, EPS N/A. Year 2020: Revenue $10.1M, Net Income N/A, EPS N/A. Year 2021: Revenue $9.1M, Net Income -$10.2M, EPS N/A. Year 2023: Revenue $14.9M, Net Income -$32.4M, EPS $-64.41.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Peraso Inc.'s revenue has declined by 10% over the 5-year period, indicating business contraction. The most recent EPS of $-3.57 indicates the company is currently unprofitable.

PRSO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-262.9%
Free cash flow / Revenue

PRSO Quarterly Earnings & Performance

Quarterly financial performance data for Peraso Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2024 $2.4M -$2.0M $-1.88
Q1 2024 $2.8M -$2.0M $-1.07
Q3 2023 $3.3M -$623.0K $-0.02
Q2 2023 $2.4M -$3.1M $-0.17
Q1 2023 $3.4M -$3.1M $-0.15
Q3 2022 $2.0M -$3.8M $-0.20
Q2 2022 $697.0K -$4.2M $-0.33
Q1 2022 $1.1M -$4.2M $-0.34

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Peraso Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.3M
Cash generated from operations
Stock Buybacks
$1.4M
Shares repurchased (TTM)
Capital Expenditures
$183.0K
Investment in assets
Dividends
None
No dividend program

PRSO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Peraso Inc. (CIK: 0000890394)

📋 Recent SEC Filings

Date Form Document Action
May 14, 2026 8-K ea0290503-8k_peraso.htm View →
May 14, 2026 10-Q ea0290498-10q_peraso.htm View →
May 11, 2026 8-K prso_8k.htm View →
Apr 14, 2026 8-K ea0286166-8k_peraso.htm View →
Apr 10, 2026 8-K ea0285664-8k_peraso.htm View →

Frequently Asked Questions about PRSO

What is the AI rating for PRSO?

Peraso Inc. (PRSO) has an AI grade of D with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PRSO's key strengths?

Claude: Healthy gross margin of 61.5% indicates viable product-market fit and pricing power. Improving profitability trajectory with net losses declining 55.7% YoY.

What are the risks of investing in PRSO?

Claude: Revenue declining 16.3% YoY with limited recovery visibility in competitive semiconductor sector. Negative operating cash flow of -$2.3M with company burning cash at unsustainable rate.

What is PRSO's revenue and growth?

Peraso Inc. reported revenue of $963.0K.

Does PRSO pay dividends?

Peraso Inc. does not currently pay dividends.

Where can I find PRSO SEC filings?

Official SEC filings for Peraso Inc. (CIK: 0000890394) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PRSO's EPS?

Peraso Inc. has a diluted EPS of $-0.22.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PRSO's fundamental grade?

Based on our AI fundamental analysis in May 2026, Peraso Inc. has a D grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PRSO stock overvalued or undervalued?

Valuation metrics for PRSO: ROE of -54.2% (sector avg: 22%), net margin of -259.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is PRSO's AI grade for 2026?

Our dual AI analysis gives Peraso Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PRSO's free cash flow?

Peraso Inc.'s operating cash flow is $-2.3M, with capital expenditures of $183.0K. FCF margin is -262.9%.

How does PRSO compare to other Technology stocks?

Vs Technology sector averages: Net margin -259.3% (avg: 18%), ROE -54.2% (avg: 22%), current ratio 3.34 (avg: 2.5).

Is Peraso Inc. carrying too much debt?

PRSO has a debt-to-equity ratio of 2.00x, which is above the Technology sector average of 0.5x. However, the current ratio of 3.34 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI