PXLW

MKT CAP:$31M

Pixelworks, Inc.

Market Cap

$31M

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Technology·Semiconductors·🇺🇸·NASDAQ

Stock Price

$5.80-$1.04 (-15.13%)

Apr 22, 2026

Company Details

Pixelworks, Inc., together with its subsidiaries, develops and markets semiconductor and software solutions for mobile, home entertainment, content, and business and education markets. The company provides video display processor products, ...

CEO

Todd A. DeBonis

IPO Date

May 19, 2000

Website

www.pixelworks.com

Key Metrics TTM

Revenue

$4M

-94.3% YoY

Net Income

-$27M

EPS (Diluted)

-$2.71

Free Cash Flow

-$29M

Revenue / Share

$0.68

Gross Margin

17.2%

Operating Margin

-437.6%

Net Margin

-733.9%

FCF Margin

-774.5%

P/S

8.3x

P/E

—

Earnings Reports

Q1 2026

May 12, 2026

PENDING

Q4 2025

Mar 12, 2026

-$23M-357.7%EPS -$0.44

FY 2024

Mar 13, 2025

$43M-27.6%EPS -$5.88

Q4 2024

Mar 13, 2025

$9M-54.7%EPS -$0.09

Q3 2024

Nov 12, 2024

$10M-40.6%EPS -$0.14

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$10M	$4M	-$7M
Q1 21	$9M	$4M	-$8M
Q2 21	$14M	$7M	-$4M
Q3 21	$15M	$8M	-$4M
Q2 22	$19M	$9M	-$5M
Q3 22	$18M	$9M	-$5M
Q4 22	$17M	$9M	-$3M
Q1 23	$10M	$4M	-$10M
Q2 23	$14M	$5M	-$6M
Q3 23	$16M	$7M	-$8M
Q4 23	$20M	$9M	-$4M
Q1 24	$16M	$8M	-$5M
Q2 24	$9M	$4M	-$11M
Q3 24	$10M	$5M	-$9M
Q4 24	$9M	$5M	-$6M
Q4 25	-$23M	-$14M	$10M

Valuation

Quarter	P/S	P/E
Q4 20	0.8x	—
Q1 21	0.9x	—
Q2 21	0.8x	—
Q3 21	0.6x	—
Q2 22	0.5x	—
Q3 22	0.5x	—
Q4 22	0.5x	—
Q1 23	0.5x	—
Q2 23	0.5x	—
Q3 23	0.6x	—
Q4 23	0.5x	—
Q1 24	0.5x	—
Q2 24	0.5x	—
Q3 24	0.6x	—
Q4 24	0.7x	—
Q4 25	8.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 20	-$480.0K	-$741.0K
Q1 21	-$7M	-$7M
Q2 21	-$1M	-$2M
Q3 21	$5M	$3M
Q2 22	-$5M	-$5M
Q3 22	-$2M	-$2M
Q4 22	-$1M	-$2M
Q1 23	-$7M	-$9M
Q2 23	-$7M	-$8M
Q3 23	-$3M	-$4M
Q4 23	-$2M	-$2M
Q1 24	-$815.0K	-$1M
Q2 24	-$6M	-$8M
Q3 24	-$8M	-$9M
Q4 24	-$6M	-$6M
Q4 25	-$6M	-$7M

Capital Expenditures

Quarter	CapEx
Q4 20	$261.0K
Q1 21	$243.0K
Q2 21	$150.0K
Q3 21	$2M
Q2 22	$299.0K
Q3 22	$448.0K
Q4 22	$305.0K
Q1 23	$2M
Q2 23	$699.0K
Q3 23	$736.0K
Q4 23	$548.0K
Q1 24	$386.0K
Q2 24	$2M
Q3 24	$781.0K
Q4 24	$113.0K
Q4 25	$45.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 20	-39.8%	-20.9%
Q1 21	-32.7%	-9.8%
Q2 21	+51.9%	+18.1%
Q3 21	+85.5%	+17.0%
Q2 22	+97.9%	+46.8%
Q3 22	+89.3%	+29.7%
Q4 22	+20.2%	+7.5%
Q1 23	-34.4%	+6.5%
Q2 23	-28.7%	-17.2%
Q3 23	-8.7%	+6.3%
Q4 23	+18.9%	+21.6%
Q1 24	+61.1%	+5.9%
Q2 24	-37.3%	-4.1%
Q3 24	-40.6%	-23.3%
Q4 24	-54.7%	-35.6%
Q4 25	-245.9%	-253.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 20	$0	0.0%
Q1 21	$1M	15.4%
Q2 21	$2M	10.7%
Q3 21	$2M	10.2%
Q2 22	$2M	8.9%
Q3 22	$1M	7.4%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$1M	9.3%
Q3 23	$0	0.0%
Q4 23	$1M	5.6%
Q1 24	$0	0.0%
Q2 24	$925.0K	10.8%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q4 25	$659.0K	—

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q4 20	$6M	—	—	$5M
Q1 21	$7M	$5M	—	—
Q2 21	$7M	$5M	$53.0K	—
Q3 21	$7M	$5M	$53.0K	—
Q2 22	$9M	—	—	$6M
Q3 22	$8M	$5M	—	—
Q4 22	$6M	$5M	$121.0K	—
Q1 23	$9M	$6M	—	—
Q2 23	$7M	—	—	$5M
Q3 23	$9M	$6M	—	—
Q4 23	$7M	$12M	—	—
Q1 24	$8M	—	—	$6M
Q2 24	$8M	—	—	$6M
Q3 24	$8M	$5M	—	—
Q4 24	$7M	—	—	$4M
Q4 25	$15M	—	—	$5M

Revenue Segments

Quarter	Engineering Services And Other	Integrated Circuits
Q4 20	$359.0K	$9M
Q1 21	$633.0K	$9M
Q2 21	$996.0K	$13M
Q3 21	$849.0K	$14M
Q2 22	$384.0K	$19M
Q3 22	$364.0K	$17M
Q4 22	$1M	$16M
Q1 23	$286.0K	$10M
Q2 23	$70.0K	$14M
Q3 23	$60.0K	$16M
Q4 23	$658.0K	$19M
Q1 24	$656.0K	$15M
Q2 24	$130.0K	$8M
Q3 24	$57.0K	$9M

Revenue by Geography

Quarter	China	Europe	Japan	Taiwan, Province Of China	United States	Korea, Republic Of	Taiwan
Q4 20	$3M	$73.0K	$5M	$649.0K	$574.0K	—	—
Q1 21	$4M	—	$4M	$666.0K	$766.0K	$17.0K	—
Q2 21	$6M	$71.0K	$7M	$376.0K	$417.0K	—	—
Q3 21	$7M	—	$8M	$582.0K	$176.0K	$50.0K	—
Q2 22	$9M	—	$9M	$793.0K	$230.0K	—	—
Q3 22	$5M	—	$11M	$464.0K	$648.0K	$50.0K	—
Q4 22	$4M	$74.0K	$10M	$611.0K	$2M	$227.0K	—
Q1 23	$4M	—	$6M	$421.0K	$60.0K	—	—
Q2 23	$8M	—	$5M	—	$49.0K	—	$231.0K
Q3 23	$9M	—	$7M	—	—	—	$185.0K
Q4 23	$13M	—	$6M	—	$48.0K	—	$1M
Q1 24	$10M	—	$5M	—	$589.0K	—	$385.0K
Q2 24	$3M	—	$5M	—	$100.0K	—	$130.0K
Q3 24	$2M	—	$7M	—	$27.0K	—	$192.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$55M	$0	$55M
Q2 22	$50M	$0	$50M
Q3 22	$58M	$0	$58M
Q4 22	$57M	$0	$57M
Q1 23	$63M	$0	$63M
Q2 23	$54M	$0	$54M
Q3 23	$50M	$0	$50M
Q4 23	$48M	$0	$48M
Q1 24	$46M	$0	$46M
Q2 24	$38M	$0	$38M
Q3 24	$29M	$0	$29M
Q4 24	$24M	$0	$24M
Q1 25	$19M	$0	$19M
Q2 25	$14M	$0	$14M
Q3 25	$15M	$0	$15M
Q4 25	$11M	$0	$11M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	44M	+7.3%	+14.0%
Q1 21	52M	+18.2%	+32.9%
Q2 21	52M	+1.2%	+32.5%
Q3 21	53M	+0.9%	+29.4%
Q2 22	54M	+2.6%	+23.7%
Q3 22	55M	+1.3%	+6.1%
Q4 22	55M	+0.3%	+5.1%
Q1 23	56M	+1.4%	+5.6%
Q2 23	56M	+0.4%	+3.3%
Q3 23	56M	+0.9%	+2.9%
Q4 23	57M	+0.9%	+3.5%
Q1 24	57M	+1.0%	+3.1%
Q2 24	5M	-91.6%	-91.3%
Q3 24	59M	+1111.7%	+4.1%
Q4 24	59M	+0.9%	+4.1%
Q4 25	6M	-90.7%	-90.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	$48.9K	197
Q1 21	$47.1K	197
Q2 21	$71.3K	197
Q3 21	$77.1K	197
Q2 22	$87.9K	217
Q3 22	$80.9K	217
Q4 22	$76.1K	222
Q1 23	$44.9K	222
Q2 23	$61.3K	222
Q3 23	$72.2K	222
Q4 23	$84.0K	239
Q1 24	$67.2K	239
Q2 24	$35.7K	239
Q3 24	$39.9K	239
Q4 24	$38.0K	239
Q4 25	-$119.5K	196

Revenue / Employee