Phunware, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.6M | $3.2M | $4.8M | $6.5M | $10.6M |
| Cost of revenue | $1.3M | $1.7M | $3.1M | $3.0M | $7.0M |
| Gross profit | $1.3M | $1.5M | $1.7M | $3.5M | $3.6M |
| Research and development | $3.2M | $2.3M | $4.4M | $6.1M | $4.2M |
| Operating expenses | $21.8M | $15.3M | $47.4M | $27.5M | $20.5M |
| Operating income | -$20.5M | -$13.9M | -$45.7M | -$24.0M | -$16.8M |
| Interest expense | $32,000 | $135,000 | $1.7M | $2.4M | $4.5M |
| Pretax income | -$11.4M | -$10.3M | -$41.9M | -$45.4M | -$53.9M |
| Income tax expense | -$19,000 | $41,000 | $29,000 | $4,000 | -$426,000 |
| Net income | -$11.4M | -$10.3M | -$52.8M | -$50.9M | -$53.5M |
| Balance Sheet | |||||
| Cash and equivalents | $100.6M | $113.0M | $3.9M | $2.0M | $23.1M |
| Current assets | $120.1M | $113.8M | $5.0M | $16.9M | $60.0M |
| Total assets | $120.9M | $114.8M | $6.7M | $54.8M | $98.0M |
| Current liabilities | $23.9M | $6.5M | $16.5M | $25.6M | $30.3M |
| Total liabilities | $24.6M | $7.6M | $18.2M | $30.0M | $32.7M |
| Stockholders' equity | $96.3M | $107.2M | -$11.5M | $24.9M | $65.3M |
| Cash Flow Statement | |||||
| Cash from operations | -$12.5M | -$13.3M | -$18.4M | -$26.9M | -$22.5M |
| Stock-based compensation | $455,000 | $1.7M | $4.1M | $3.0M | $4.9M |
| Capital expenditure | — | — | $0 | $923,000 | — |
| Free cash flow | — | — | -$18.4M | -$27.8M | — |
| Share repurchases | — | — | $502,000 | $0 | — |
| Impairments | $0 | $0 | $25.8M | $0 | $0 |
Shares outstanding 20.4M · Free float 88.3%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.