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.

Price · PXLW

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$693.0K	$43.21M	$59.68M	$70.15M	$55.10M	$40.85M
Cost of Revenue	$104.0K	$20.92M	$33.97M	$34.27M	$27.41M	$20.67M
Gross Profit	$589.0K	$22.29M	$25.71M	$35.88M	$27.69M	$20.18M
R&D	$3.69M	$31.34M	$30.88M	$30.52M	$27.25M	$25.04M
SG&A	$8.45M	$20.70M	$23.47M	$22.18M	$20.45M	$19.84M
Total Operating Expenses	$12.14M	$53.64M	$54.34M	$52.70M	$47.70M	$46.92M
D&A	$2.60M	$3.78M	$4.29M	$4.66M	$3.65M	$3.74M
Operating Income	($11.56M)	($31.36M)	($28.64M)	($16.82M)	($20.00M)	($26.74M)
Interest Expense	-	$69.0K	$25.0K	$50.0K	$0	$239.0K
Income Tax	($184.0K)	$478.0K	$357.0K	($884.0K)	($133.0K)	$598.0K
Net Income	($22.50M)	($28.72M)	($26.18M)	($16.03M)	($19.82M)	($26.53M)
EPS - Basic	($4.08)	($5.88)	($5.64)	($3.60)	($7.80)	-
EPS - Diluted	($4.08)	($5.88)	($5.64)	($3.60)	($7.80)	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$11.24M	$23.65M	$47.54M	$56.82M	$61.59M	$31.26M
Accounts Receivable	-	$5.80M	$10.07M	$10.05M	$8.71M	$4.67M
Inventory	-	$4.21M	$3.97M	$1.76M	$1.47M	$2.44M
Accounts Payable	$0	$1.40M	$2.42M	$3.14M	$2.75M	$995.0K
Current Assets	$50.23M	$34.85M	$64.72M	$72.37M	$74.50M	$39.63M
Total Assets	$51.26M	$64.07M	$95.97M	$102.32M	$106.60M	$72.04M
Current Liabilities	$20.02M	$8.35M	$12.30M	$12.51M	$16.44M	$10.59M
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$20.86M	$24.19M	$30.96M	$30.07M	$35.47M	$19.17M
Stockholders' Equity	($21.09M)	($10.57M)	$12.54M	$32.42M	$40.22M	$52.87M
Retained Earnings	($528.38M)	($505.88M)	($477.16M)	($450.99M)	($434.95M)	($415.13M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	($20.61M)	($19.81M)	($18.81M)	($12.83M)	($9.16M)	($3.71M)
Investing Cash Flow	$3.31M	($3.12M)	($3.99M)	($3.01M)	($3.23M)	$3.94M
Financing Cash Flow	$11.72M	($971.0K)	$13.53M	$11.07M	$42.71M	$23.77M
CapEx	$448.0K	$3.76M	$3.83M	$1.59M	$3.48M	$2.64M
Free Cash Flow	($21.05M)	($23.57M)	($22.65M)	($14.43M)	($12.63M)	($6.35M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	85.0%	51.6%	43.1%	51.2%	50.3%	49.4%
Operating margin	-1667.5%	-72.6%	-48.0%	-24.0%	-36.3%	-65.4%
EBITDA margin	-1292.9%	-63.8%	-40.8%	-17.3%	-29.7%	-56.3%
Net margin	-3246.6%	-66.5%	-43.9%	-22.9%	-36.0%	-64.9%
Free cash flow margin	-3038.1%	-54.5%	-37.9%	-20.6%	-22.9%	-15.5%
FCF / Net income	0.94	0.82	0.87	0.90	0.64	0.24
R&D / Revenue	533.2%	72.5%	51.7%	43.5%	49.5%	61.3%
SG&A / Revenue	1219.3%	47.9%	39.3%	31.6%	37.1%	48.6%
Effective tax rate	-	-	-	-	-	-
Return on assets	-43.9%	-44.8%	-27.3%	-15.7%	-18.6%	-36.8%
Return on equity	106.7%	271.8%	-208.7%	-49.4%	-49.3%	-50.2%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	2.51	4.18	5.26	5.78	4.53	3.74
Quick ratio	2.51	3.67	4.94	5.64	4.44	3.51
Cash ratio	0.56	2.83	3.87	4.54	3.75	2.95
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-454.4x	-1145.4x	-336.3x	-	-111.9x
Equity multiplier	-2.43	-6.06	7.65	3.16	2.65	1.36
Liabilities / Assets	0.41	0.38	0.32	0.29	0.33	0.27
Efficiency
Asset turnover	0.01	0.67	0.62	0.69	0.52	0.57
Inventory turnover	-	4.97	8.56	19.47	18.66	8.45
Days sales outstanding	-	49d	62d	52d	58d	42d
Days inventory outstanding	-	73d	43d	19d	20d	43d
Days payable outstanding	0d	24d	26d	33d	37d	18d
Cash conversion cycle	-	98d	78d	38d	41d	67d
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	70.4x	35.6x	53.4x	-
P / S	50.6x	11.8x	14.8x	16.5x	39.0x	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	-98.4%	-27.6%	-14.9%	27.3%	34.9%	-49.3%
Revenue CAGR (3y)	-78.5%	-7.8%	13.5%	-4.5%	-10.4%	-20.3%
Revenue CAGR (5y)	-55.8%	-11.7%	-4.9%	-2.7%	0.6%	-7.2%
Gross profit growth (YoY)	-97.4%	-13.3%	-28.3%	29.6%	37.2%	-41.5%
Operating income growth (YoY)	63.1%	-9.5%	-70.3%	15.9%	25.2%	-103.7%
Net income growth (YoY)	21.7%	-9.7%	-63.3%	19.1%	25.3%	-192.3%
EPS growth (YoY)	30.6%	-4.3%	-56.7%	53.8%	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	10.7%	-4.1%	-57.0%	-14.2%	-99.0%	51.2%
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	-99.6%	-	-61.3%	-19.4%	-23.9%	11.2%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2024-12-31.

Product / service

$43.21M total

Integrated Circuits$42.29M · 97.9%

Engineering Services And Other$915.0K · 2.1%

Geographic

$43.21M total

JP$25.82M · 59.8%

CN$15.94M · 36.9%

TW$729.0K · 1.7%

US$719.0K · 1.7%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

-9.42

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✗Net income positive
✗Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✗Current ratio improved
✓No share dilution
✓Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Services-Prepackaged Software

Company	Revenue (last FY)	Net margin	ROE
TEAM	$5.22B	-4.9%	-19.1%
CRM	$37.90B	16.4%	10.5%
NOW	$13.28B	13.2%	13.5%
FRSH	$838.81M	21.9%	17.8%
DDOG	$3.43B	3.1%	2.9%

Comparing PIXELWORKS against the 5 most active filers in the same SIC group.