Pixelworks, Inc (PXLW) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Pixelworks reported revenue of $693,000, down 98.4% from $43.2M the year before. Net income was -$22.5M (a -3246.6% net margin), or -$4.08 per diluted share. Gross margin was 85.0% and operating margin was -1667.5%. Operating activities generated -$20.6M of cash, leaving -$21.1M of free cash flow. At fiscal year end, Pixelworks held $51.3M in total assets against $20.9M in total liabilities, including $11.2M of cash and equivalents.
Open the full interactive Pixelworks financials → Quarterly statements, key ratios, valuation history and price charts.
Pixelworks Key Stats
| Share Price | $5.58 |
|---|---|
| Market Cap | $35.1M |
| Revenue YoY Growth | -98.4% |
| 52-Week Range | $4.84 – $15.23 |
| Shares Outstanding | 6.3 million (basic, 2026 Q2) |
Pixelworks Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $40.9M | $55.1M | $70.1M | $59.7M | $43.2M | $693,000 |
| Cost of Goods Sold | $20.7M | $27.4M | $34.3M | $34.0M | $20.9M | $104,000 |
| Gross Profit | $20.2M | $27.7M | $35.9M | $25.7M | $22.3M | $589,000 |
| Operating Income | -$26.7M | -$20.0M | -$16.8M | -$28.6M | -$31.4M | -$11.6M |
| Pre-Tax Income | -$25.9M | -$19.5M | -$16.1M | -$26.6M | -$29.1M | -$8.4M |
| Income Tax | $598,000 | -$133,000 | -$884,000 | $357,000 | $478,000 | -$184,000 |
| Net Income | -$26.5M | -$19.8M | -$16.0M | -$26.2M | -$28.7M | -$22.5M |
| Diluted EPS | -$7.80 | -$4.56 | -$3.60 | -$5.64 | -$5.88 | -$4.08 |
Pixelworks Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $8.8M | — | $446,000 | $64,000 |
| Net Income | -$4.4M | -$3.6M | $80.6M | -$2.8M |
| Diluted EPS | -$0.81 | -$0.65 | $12.46 | -$0.44 |
Pixelworks Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $31.3M | $61.6M | $56.8M | $47.5M | $23.6M | $11.2M |
| Current Assets | $39.6M | $74.5M | $72.4M | $64.7M | $34.9M | $50.2M |
| Total Assets | $72.0M | $106.6M | $102.3M | $96.0M | $64.1M | $51.3M |
| Current Liabilities | $10.6M | $16.4M | $12.5M | $12.3M | $8.3M | $20.0M |
| Total Liabilities | $19.2M | $35.5M | $30.1M | $31.0M | $24.2M | $20.9M |
| Shareholders' Equity | $52.9M | $40.2M | $32.4M | $12.5M | -$10.6M | -$21.1M |
Pixelworks Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$3.7M | -$9.2M | -$12.8M | -$18.8M | -$19.8M | -$20.6M |
| Cash From Investing | $3.9M | -$3.2M | -$3.0M | -$4.0M | -$3.1M | $3.3M |
| Cash From Financing | $23.8M | $42.7M | $11.1M | $13.5M | -$971,000 | $11.7M |
| Free Cash Flow | -$6.3M | -$12.6M | -$14.4M | -$22.6M | -$23.6M | -$21.1M |
Figures from Pixelworks' 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 Pixelworks financials page for every line item.
Pixelworks Company Profile
| Ticker | PXLW |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Portland, Oregon |
| Incorporated in | Oregon |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001040161 |
Frequently Asked Questions
What was Pixelworks' revenue in fiscal 2025?
Pixelworks (PXLW) reported revenue of $693,000 for fiscal 2025.
What is Pixelworks' annual revenue history?
Pixelworks' annual revenue by fiscal year: 2020: $40.9M; 2021: $55.1M; 2022: $70.1M; 2023: $59.7M; 2024: $43.2M; 2025: $693,000.
What was Pixelworks' net income in fiscal 2025?
Pixelworks reported net income of -$22.5M for fiscal 2025.
What was Pixelworks' earnings per share (EPS) in fiscal 2025?
Pixelworks' diluted EPS was -$4.08 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Pixelworks generate in fiscal 2025?
Pixelworks generated -$21.1M of free cash flow in fiscal 2025.
What was Pixelworks' revenue last quarter?
In its most recent reported quarter (2026 Q2), Pixelworks reported revenue of $64,000.
How many shares of Pixelworks are outstanding?
Pixelworks reported a weighted average of 6.3 million basic shares outstanding in 2026 Q2.
What is Pixelworks' market cap?
Based on its latest closing price, Pixelworks (PXLW) has a market capitalization of about $35.1M.
When does Pixelworks' fiscal year end?
Pixelworks' fiscal year end, as registered with the SEC, is December 31.
Where is Pixelworks headquartered?
Pixelworks lists its business address in Portland, Oregon in its SEC filings.