PIXELWORKS, 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 | $693,000 | $43.2M | $59.7M | $70.1M | $55.1M |
| Cost of revenue | $104,000 | $129,000 | $34.0M | $34.3M | $27.4M |
| Gross profit | $589,000 | $561,000 | $25.7M | $35.9M | $27.7M |
| Selling, general & administrative | $8.4M | $8.9M | $23.5M | $22.2M | $20.4M |
| Research and development | $3.7M | $4.4M | $30.9M | $30.5M | $27.2M |
| Operating expenses | $12.1M | $13.5M | $54.3M | $52.7M | $47.7M |
| Operating income | -$11.6M | -$13.0M | -$28.6M | -$16.8M | -$20.0M |
| Interest expense | — | $69,000 | $25,000 | $50,000 | $0 |
| Pretax income | -$8.4M | -$12.6M | -$26.6M | -$16.1M | -$19.5M |
| Income tax expense | -$184,000 | $44,000 | $357,000 | -$884,000 | -$133,000 |
| Net income | -$22.5M | -$28.7M | -$26.2M | -$16.0M | -$19.8M |
| Balance Sheet | |||||
| Cash and equivalents | $11.2M | $5.5M | $47.5M | $56.8M | $61.6M |
| Current assets | $50.2M | $34.9M | $64.7M | $72.4M | $74.5M |
| Total assets | $51.3M | $64.1M | $96.0M | $102.3M | $106.6M |
| Current liabilities | $20.0M | $8.3M | $12.3M | $12.5M | $16.4M |
| Total liabilities | $20.9M | $24.2M | $31.0M | $30.1M | $35.5M |
| Stockholders' equity | -$21.1M | -$10.6M | $12.5M | $32.4M | $40.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$20.6M | -$19.8M | -$18.8M | -$12.8M | -$9.2M |
| Depreciation and amortization | $2.6M | $3.8M | $4.3M | $4.7M | $3.6M |
| Stock-based compensation | $2.9M | $4.0M | $4.8M | $5.2M | $6.1M |
| Capital expenditure | $448,000 | $3.8M | $3.8M | $1.6M | $3.5M |
| Free cash flow | -$21.1M | -$23.6M | -$22.6M | -$14.4M | -$12.6M |
Shares outstanding 6.4M · Free float 30.5%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.