Pixelworks, Inc income statement
In fiscal 2025, Pixelworks, Inc reported revenue of $693,000, down 98.4% on the year before, operating income of −$11.6m (a -1667.5% margin) and net income of −$22.5m, or −$4.08 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 61 | 70 | 65 | 60 | 48 | 61 | 60 | 53 | 81 | 77 | 69 | 41 | 55 | 70 | 60 | 43 | 1 | −14 |
| Cost of revenue | — | 37 | 34 | 30 | 22 | 29 | 30 | 28 | 39 | 37 | 34 | 21 | 27 | 34 | 34 | 0 | 0 | −8 |
| Gross profit | 27 | 32 | 30 | 30 | 26 | 32 | 29 | 25 | 42 | 39 | 34 | 20 | 28 | 36 | 26 | 1 | 1 | −6 |
| Research and development | 20 | 23 | 23 | 21 | 21 | 25 | 25 | 19 | 21 | 23 | 26 | 25 | 27 | 31 | 31 | 4 | 4 | −7 |
| Selling, general and administrative | 14 | 15 | 15 | 15 | 14 | 15 | 14 | 14 | 20 | 20 | 21 | 20 | 20 | 22 | 23 | 9 | 8 | 4 |
| Operating income | −7 | −6 | −8 | −6 | −8 | −9 | −10 | −10 | −2 | −5 | −13 | −27 | −20 | −17 | −29 | −13 | −12 | −4 |
| Interest expense | — | 1 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Income before tax | 6 | −5 | −6 | −6 | −9 | −9 | −10 | −11 | −3 | −3 | −9 | −26 | −20 | −16 | −27 | −13 | −8 | −1 |
| Income tax | −1 | −5 | 0 | −1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | −0 | −1 | 0 | 0 | −0 | −1 |
| Net income | 6 | 0 | −7 | −6 | −9 | −10 | −11 | −11 | −4 | −4 | −9 | −27 | −20 | −16 | −26 | −29 | −22 | 70 |
| Diluted EPS | $5.64 | $0.36 | −$4.80 | −$3.72 | −$0.45 | −$0.44 | −$0.42 | −$0.39 | −$0.11 | −$0.11 | −$0.24 | −$0.65 | −$0.38 | −$0.30 | −$0.47 | −$5.90 | −$4.08 | $11.40 |
| Diluted shares (average) | 1m | 1m | 1m | 2m | 2m | 2m | 2m | 2m | 3m | 3m | 3m | 3m | 4m | 5m | 5m | 5m | 6m | 6m |
| EBITDA | −2 | −1 | −3 | −1 | −4 | −4 | −6 | −7 | 2 | −1 | −9 | −23 | −16 | −12 | −24 | −9 | −9 | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10 | 9 | 7 | 8 | 9 | −23 | 0 | 0 |
| Cost of revenue | 5 | −17 | 0 | 0 | 4 | −12 | 0 | 0 |
| Gross profit | 5 | −17 | −0 | 0 | 4 | −11 | 0 | 0 |
| Research and development | 8 | −20 | 1 | 1 | 6 | −15 | 1 | 1 |
| Selling, general and administrative | 5 | −7 | 2 | 2 | 4 | −5 | 2 | 2 |
| Operating income | −9 | 12 | −3 | −3 | −6 | 9 | −5 | −3 |
| Net interest income | −0 | — | −0 | −0 | −0 | — | — | — |
| Income before tax | −8 | 11 | −3 | −2 | −5 | 11 | −5 | −3 |
| Income tax | 0 | −0 | −0 | 0 | −1 | −0 | −0 | 0 |
| Net income | −8 | −5 | −8 | −7 | −4 | −4 | 81 | −3 |
| Diluted EPS | −$1.66 | −$1.08 | −$1.54 | −$1.27 | −$0.81 | −$0.49 | $12.46 | −$0.44 |
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