Phunware, Inc. (PHUN) Financial Statements
Industry: Computer Processing & Data Preparation (Services)
In fiscal 2025, Phunware reported revenue of $2.6M, down 19.9% from $3.2M the year before. Net income was -$11.4M (a -446.6% net margin), or -$0.57 per diluted share. Gross margin was 50.6% and operating margin was -803.7%. Operating activities generated -$12.5M of cash. At fiscal year end, Phunware held $120.9M in total assets against $24.6M in total liabilities, including $100.6M of cash and equivalents.
Open the full interactive Phunware financials → Quarterly statements, key ratios, valuation history and price charts.
Phunware Key Stats
| Share Price | $2.03 |
|---|---|
| Market Cap | $41.5M |
| Revenue YoY Growth | -19.9% |
| 52-Week Range | $1.60 – $2.98 |
| Shares Outstanding | 20.4 million (basic, 2026 Q2) |
Phunware Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $10.0M | $10.6M | $21.8M | $4.8M | $3.2M | $2.6M |
| Cost of Goods Sold | $3.4M | $7.0M | $16.7M | $3.1M | $1.7M | $1.3M |
| Gross Profit | $6.6M | $3.6M | $5.1M | $1.7M | $1.5M | $1.3M |
| Operating Income | -$17.5M | -$16.8M | -$29.5M | -$45.7M | -$13.9M | -$20.5M |
| Pre-Tax Income | -$22.2M | -$53.9M | -$50.9M | -$41.9M | -$10.3M | -$11.4M |
| Income Tax | $2,000 | -$426,000 | $4,000 | $29,000 | $41,000 | -$19,000 |
| Net Income | -$22.2M | -$53.5M | -$50.9M | -$52.8M | -$10.3M | -$11.4M |
| Diluted EPS | -$25.00 | -$35.50 | -$25.50 | -$22.18 | -$0.94 | -$0.57 |
Phunware Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $622,000 | $788,000 | $542,000 | $799,000 |
| Net Income | -$2.4M | -$2.1M | -$3.2M | -$5.2M |
| Diluted EPS | -$0.12 | -$0.11 | -$0.16 | -$0.26 |
Phunware Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.9M | $23.1M | $2.0M | $3.9M | $113.0M | $100.6M |
| Current Assets | $4.9M | $60.0M | $16.9M | $5.0M | $113.8M | $120.1M |
| Total Assets | $31.8M | $99.3M | $54.8M | $6.7M | $114.8M | $120.9M |
| Current Liabilities | $26.5M | $30.3M | $25.6M | $16.5M | $6.5M | $23.9M |
| Total Long-Term Debt | $8.2M | $5.2M | $9.7M | $4.9M | — | — |
| Total Liabilities | $33.8M | $34.0M | $30.0M | $18.2M | $7.6M | $24.6M |
| Shareholders' Equity | -$2.0M | $65.3M | $24.9M | -$11.5M | $107.2M | $96.3M |
Phunware Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$11.0M | -$22.5M | -$26.8M | -$18.4M | -$13.3M | -$12.5M |
| Cash From Investing | $0 | -$46.4M | -$2.3M | $15.4M | — | $0 |
| Cash From Financing | $14.6M | $88.0M | $8.1M | $5.0M | $122.3M | $80,000 |
| Free Cash Flow | — | — | — | -$18.4M | — | — |
Figures from Phunware's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Phunware financials page for every line item.
Phunware Company Profile
| Ticker | PHUN |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Processing & Data Preparation (Services) |
| Headquarters | Austin, Texas |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001665300 |
Frequently Asked Questions
What was Phunware's revenue in fiscal 2025?
Phunware (PHUN) reported revenue of $2.6M for fiscal 2025.
What is Phunware's annual revenue history?
Phunware's annual revenue by fiscal year: 2020: $10.0M; 2021: $10.6M; 2022: $21.8M; 2023: $4.8M; 2024: $3.2M; 2025: $2.6M.
What was Phunware's net income in fiscal 2025?
Phunware reported net income of -$11.4M for fiscal 2025.
What was Phunware's earnings per share (EPS) in fiscal 2025?
Phunware's diluted EPS was -$0.57 for fiscal 2025 (adjusted for any later stock splits).
What was Phunware's revenue last quarter?
In its most recent reported quarter (2026 Q2), Phunware reported revenue of $799,000.
How many shares of Phunware are outstanding?
Phunware reported a weighted average of 20.4 million basic shares outstanding in 2026 Q2.
What is Phunware's market cap?
Based on its latest closing price, Phunware (PHUN) has a market capitalization of about $41.5M.
When does Phunware's fiscal year end?
Phunware's fiscal year end, as registered with the SEC, is December 31.
Where is Phunware headquartered?
Phunware lists its business address in Austin, Texas in its SEC filings.