PXLW · Pixelworks, Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $446.0K | - | $8.77M | $8.25M | $7.09M | - | $9.53M | $8.54M | $16.05M | - |
| Cost of Revenue | $193.0K | - | $4.40M | $4.47M | $3.64M | - | $4.65M | $4.21M | $7.94M | - |
| Gross Profit | $253.0K | - | $4.37M | $3.78M | $3.45M | - | $4.88M | $4.33M | $8.11M | - |
| R&D | $965.0K | - | $5.72M | $6.00M | $6.52M | - | $8.40M | $7.94M | $8.07M | - |
| SG&A | $2.20M | - | $4.27M | $4.44M | $4.63M | - | $5.02M | $5.72M | $5.53M | - |
| Total Operating Expenses | $5.16M | - | $9.99M | $11.08M | $11.55M | - | $13.51M | $15.07M | $13.61M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($4.91M) | - | ($5.62M) | ($7.30M) | ($8.10M) | - | ($8.63M) | ($10.74M) | ($5.49M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($22.0K) | - | ($511.0K) | $491.0K | $34.0K | - | $125.0K | $32.0K | $105.0K | - |
| Net Income | $80.58M | - | ($4.43M) | ($6.71M) | ($7.76M) | - | ($8.14M) | ($10.15M) | ($5.07M) | - |
| EPS - Basic | $12.69 | - | ($0.81) | ($1.27) | ($1.56) | - | ($1.68) | ($2.04) | ($1.08) | - |
| EPS - Diluted | $12.46 | - | ($0.81) | ($1.27) | ($1.56) | - | ($1.68) | ($2.04) | ($1.08) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $57.82M | $11.24M | $14.61M | $14.26M | $18.50M | $23.65M | $28.83M | $37.82M | $46.19M | $47.54M |
| Accounts Receivable | - | - | $5.68M | $5.06M | $5.37M | $5.80M | $4.50M | $4.91M | $7.35M | $10.07M |
| Inventory | - | - | $3.15M | $4.08M | $5.00M | $4.21M | $4.40M | $5.02M | $3.36M | $3.97M |
| Accounts Payable | $205.0K | $0 | $1.68M | $1.93M | $1.66M | $1.40M | $1.94M | $2.50M | $3.82M | $2.42M |
| Current Assets | $59.15M | $50.23M | $25.33M | $25.57M | $30.59M | $34.85M | $39.73M | $49.98M | $59.00M | $64.72M |
| Total Assets | $60.00M | $51.26M | $50.52M | $51.80M | $58.46M | $64.07M | $71.13M | $81.63M | $91.81M | $95.97M |
| Current Liabilities | $2.10M | $20.02M | $9.77M | $9.14M | $8.83M | $8.35M | $9.90M | $11.87M | $12.35M | $12.30M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.77M | $20.86M | $23.60M | $23.45M | $24.00M | $24.19M | $26.97M | $30.11M | $30.76M | $30.96M |
| Stockholders' Equity | $57.23M | ($21.09M) | ($23.93M) | ($22.44M) | ($15.97M) | ($10.57M) | ($8.03M) | $486.0K | $9.45M | $12.54M |
| Retained Earnings | ($447.80M) | ($528.38M) | ($524.78M) | ($520.35M) | ($513.64M) | ($505.88M) | ($500.52M) | ($492.38M) | ($482.23M) | ($477.16M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($4.58M) | - | - | - | ($6.72M) | - | - | - | ($815.0K) | - |
| Investing Cash Flow | $44.33M | - | - | - | ($17.0K) | - | - | - | ($386.0K) | - |
| Financing Cash Flow | $5.0K | - | - | - | $1.59M | - | - | - | ($150.0K) | - |
| CapEx | $105.0K | - | - | - | $17.0K | - | - | - | $386.0K | - |
| Free Cash Flow | ($4.69M) | - | - | - | ($6.73M) | - | - | - | ($1.20M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 56.7% | - | 49.8% | 45.8% | 48.7% | - | 51.2% | 50.7% | 50.5% | - |
| Operating margin | -1100.9% | - | -64.1% | -88.5% | -114.1% | - | -90.6% | -125.9% | -34.2% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 18068.2% | - | -50.5% | -81.3% | -109.4% | - | -85.5% | -118.9% | -31.6% | - |
| Free cash flow margin | -1051.1% | - | - | - | -94.9% | - | - | - | -7.5% | - |
| FCF / Net income | -0.06 | - | - | - | 0.87 | - | - | - | 0.24 | - |
| R&D / Revenue | 216.4% | - | 65.2% | 72.7% | 92.0% | - | 88.2% | 93.1% | 50.3% | - |
| SG&A / Revenue | 493.9% | - | 48.7% | 53.8% | 65.3% | - | 52.7% | 67.0% | 34.5% | - |
| Effective tax rate | -0.0% | - | - | - | - | - | - | - | - | - |
| Return on assets | 134.3% | - | -8.8% | -12.9% | -13.3% | - | -11.4% | -12.4% | -5.5% | - |
| Return on equity | 140.8% | - | 18.5% | 29.9% | 48.6% | - | 101.4% | -2088.3% | -53.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 28.21 | 2.51 | 2.59 | 2.80 | 3.46 | 4.18 | 4.02 | 4.21 | 4.78 | 5.26 |
| Quick ratio | 28.21 | 2.51 | 2.27 | 2.35 | 2.90 | 3.67 | 3.57 | 3.79 | 4.51 | 4.94 |
| Cash ratio | 27.57 | 0.56 | 1.50 | 1.56 | 2.09 | 2.83 | 2.91 | 3.19 | 3.74 | 3.87 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.05 | -2.43 | -2.11 | -2.31 | -3.66 | -6.06 | -8.86 | 167.97 | 9.72 | 7.65 |
| Liabilities / Assets | 0.05 | 0.41 | 0.47 | 0.45 | 0.41 | 0.38 | 0.38 | 0.37 | 0.34 | 0.32 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.17 | 0.16 | 0.12 | - | 0.13 | 0.10 | 0.17 | - |
| Inventory turnover | - | - | 1.40 | 1.10 | 0.73 | - | 1.06 | 0.84 | 2.37 | - |
| Days sales outstanding | - | - | 236d | 224d | 276d | - | 172d | 210d | 167d | - |
| Days inventory outstanding | - | - | 261d | 333d | 501d | - | 345d | 435d | 154d | - |
| Days payable outstanding | 388d | - | 140d | 158d | 166d | - | 153d | 217d | 176d | - |
| Cash conversion cycle | - | - | 358d | 399d | 612d | - | 365d | 429d | 146d | - |
| Valuation | ||||||||||
| P / E | 0.4x | - | - | - | - | - | - | - | - | - |
| P / B | 0.6x | - | - | - | - | - | - | 1407.1x | 188.3x | - |
| P / S | 78.3x | - | 6.8x | 4.5x | 64.6x | - | 52.5x | 80.1x | 110.8x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -93.7% | - | -7.9% | -3.3% | -55.8% | - | -40.6% | -37.3% | 61.1% | - |
| Revenue CAGR (3y) | -64.5% | - | -20.6% | -24.4% | -24.7% | - | -14.4% | -15.3% | 20.1% | - |
| Revenue CAGR (5y) | -45.5% | - | 1.4% | -2.3% | -12.4% | - | -12.0% | -15.0% | -0.7% | - |
| Gross profit growth (YoY) | -92.7% | - | -10.4% | -12.6% | -57.5% | - | -29.1% | -21.1% | 85.8% | - |
| Operating income growth (YoY) | 39.4% | - | 34.9% | 32.0% | -47.4% | - | -12.9% | -65.5% | 47.0% | - |
| Net income growth (YoY) | - | - | 45.6% | 33.9% | -53.2% | - | -16.3% | -68.1% | 46.1% | - |
| EPS growth (YoY) | - | - | 51.8% | 37.7% | -44.4% | - | -1300.0% | -1754.5% | -535.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 30.4% | - | - | - | -460.6% | - | - | - | 85.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -99.6% | -198.1% | - | - | - | - | -97.7% | -60.6% | -61.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$43.21M totalIntegrated Circuits$42.29M · 97.9%
Engineering Services And Other$915.0K · 2.1%
Geographic
$43.21M totalJP$25.82M · 59.8%
CN$15.94M · 36.9%
TW$729.0K · 1.7%
US$719.0K · 1.7%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing PIXELWORKS against the 5 most active filers in the same SIC group.