# Peraso Inc. (PRSO) · Edgar & Edgarette company card

> Peraso (PRSO) saw revenue fall 16.3% in FY2025 to $12 million, operating margin -39.0% against a 2.4% median for semiconductors & related devices, equity 76.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 890394 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PRSO) · [JSON](https://www.pops4.com/boards/company/PRSO.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $12M |
| Revenue growth, 1 year | -16.3% |
| Revenue growth per year | 21.0% |
| Operating margin | -39.0% (prior year -85.3%) |
| Net margin | -39.0% |
| Operating cash flow | −$6M |
| Capital spending | $107,000 |
| Free cash flow | −$6M |
| Cash | $3M |
| Long-term debt | — |
| Total assets | $6M |
| Total equity | $5M |
| Equity ÷ assets | 76.3% |
| Return on equity | -102.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -94.95 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -0.74 (above the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -39.0% in FY2025; revenue is hard to predict: its 80% range is ±68%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $12.2M (FY2025). Experience: revenue down 16.3% on the year, up 21.0% a year over 4 years; operating margin -39.0%, up from -85.3%. Soundness: equity 76.3% of assets, return on equity -102.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.6M and $24.6M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.1M to $27.7M. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin -39.0% against a 2.4% median; growth -16.3% against 15.5%.

Range logged 2026-09-25, receipt 22d9493255fbebf4, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-07-24 ([filing](https://www.sec.gov/Archives/edgar/data/890394/000121390026081466/0001213900-26-081466-index.htm))
- Item 5.02 Director or officer change: 6, latest 2026-09-11 ([filing](https://www.sec.gov/Archives/edgar/data/890394/000121390026099297/0001213900-26-099297-index.htm))

## Recent filings

- 8-K · filed 2026-11-03 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/890394/000121390026115173/0001213900-26-115173-index.htm)
- 8-K · filed 2026-10-26 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/890394/000121390026112304/0001213900-26-112304-index.htm)
- 8-K · filed 2026-09-11 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/890394/000121390026099297/0001213900-26-099297-index.htm)
- 8-K · filed 2026-08-21 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/890394/000121390026092719/0001213900-26-092719-index.htm)
- 10-Q · filed 2026-08-13 · [filing](https://www.sec.gov/Archives/edgar/data/890394/000121390026089119/0001213900-26-089119-index.htm)
- 8-K · filed 2026-08-11 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/890394/000165495426007474/0001654954-26-007474-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000890394.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=890394

## Cite

POPS4, Edgar & Edgarette: Peraso Inc. (PRSO) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/PRSO. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.