NASDAQ : PXLW
Pixelworks, Inc. — Financial statements
Technology · Semiconductors · United States
Last price 5.1 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 30.85M
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Financial statements
Pixelworks, Inc. (PXLW) reported revenue of 1.04M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.04M | 693.00K | 690.00K | 59.68M | 70.15M | 55.10M |
| Cost of Revenue | 269.00K | 104.00K | 129.00K | 33.97M | 34.27M | 27.41M |
| Gross Profit | 775.00K | 589.00K | 561.00K | 25.71M | 35.88M | 27.69M |
| Selling, General & Admin | 8.93M | 8.45M | 8.91M | 23.47M | 22.18M | 20.45M |
| Research & Development | 3.99M | 3.69M | 4.44M | 30.88M | 30.52M | 27.25M |
| Operating Expenses | 12.91M | 12.14M | 13.35M | 54.34M | 52.70M | 47.70M |
| Operating Income | -12.14M | -11.56M | -12.79M | -28.64M | -16.82M | -20.00M |
| Interest Expense | -25.00K | -50.00K | ||||
| Interest & Investment Income | 956.00K | 123.00K | 354.00K | 1.95M | 670.00K | 211.00K |
| Other Non Operating Income (Expenses) | 125.00K | 80.00K | 246.00K | |||
| EBT Excluding Unusual Items | -11.18M | -11.43M | -12.44M | -26.59M | -16.12M | -19.55M |
| Merger & Restructuring Charges | -2.09M | -174.00K | ||||
| Gain (Loss) on Sale of Assets | 3.00M | 3.00M | ||||
| Pretax Income | -10.27M | -8.43M | -12.61M | -26.59M | -16.12M | -19.55M |
| Income Tax Expense | -53.00K | -184.00K | 44.00K | 357.00K | -884.00K | -133.00K |
| Earnings From Continuing Operations | -10.22M | -8.25M | -12.65M | -26.94M | -15.23M | -19.41M |
| Earnings From Discontinued Operations | 79.69M | -15.01M | -16.88M | |||
| Net Income to Company | 69.47M | -23.26M | -29.54M | -26.94M | -15.23M | -19.41M |
| Minority Interest in Earnings | 282.00K | 759.00K | 818.00K | 767.00K | -797.00K | -409.00K |
| Net Income | 69.76M | -22.50M | -28.72M | -26.18M | -16.03M | -19.82M |
| Preferred Dividends & Other Adjustments | 89.00K | 198.00K | ||||
| Net Income to Common | 69.76M | -22.50M | -28.72M | -26.18M | -16.12M | -20.02M |
| Shares Outstanding (Basic) | 6.09M | 5.51M | 4.87M | 4.68M | 4.53M | 4.38M |
| Shares Outstanding (Diluted) | 6.15M | 5.51M | 4.87M | 4.68M | 4.53M | 4.38M |
| EPS (Basic) | 11.45 | -4.08 | -5.90 | -5.59 | -3.56 | -4.57 |
| EPS (Diluted) | 11.32 | -4.08 | -5.90 | -5.59 | -3.56 | -4.57 |
| Free Cash Flow | -15.97M | -21.05M | -23.57M | -22.65M | -14.43M | -12.63M |
| Free Cash Flow Per Share | -2.60 | -3.82 | -4.84 | -4.84 | -3.19 | -2.89 |
| Gross Margin | 74.23% | 84.99% | 81.30% | 43.08% | 51.15% | 50.26% |
| Operating Margin | -1,162.74% | -1,667.53% | -1,853.62% | -47.98% | -23.97% | -36.30% |
| Profit Margin | 6,681.70% | -3,246.61% | -4,162.17% | -43.86% | -22.98% | -36.33% |
| Free Cash Flow Margin | -1,530.17% | -3,038.09% | -3,415.51% | -37.95% | -20.57% | -22.93% |
| EBITDA | -10.86M | -9.01M | -9.20M | -25.77M | -13.57M | -16.45M |
| EBITDA Margin | -43.18% | -19.35% | -29.85% | |||
| D&A For EBITDA | 1.28M | 2.55M | 3.59M | 2.87M | 3.24M | 3.55M |
| EBIT | -12.14M | -11.56M | -12.79M | -28.64M | -16.82M | -20.00M |
| EBIT Margin | -47.98% | -23.97% | -36.30% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 52.89M | 11.24M | 5.48M | 47.54M | 56.82M | 61.59M |
| Cash & Short-Term Investments | 52.89M | 11.24M | 5.48M | 47.54M | 56.82M | 61.59M |
| Receivables | 10.07M | 10.05M | 8.71M | |||
| Inventory | 3.97M | 1.76M | 1.47M | |||
| Prepaid Expenses | 525.00K | 568.00K | 600.00K | 3.14M | 3.75M | 2.73M |
| Other Current Assets | 38.42M | 28.77M | ||||
| Total Current Assets | 53.41M | 50.23M | 34.85M | 64.72M | 72.37M | 74.50M |
| Property, Plant & Equipment | 645.00K | 909.00K | 1.60M | 10.72M | 7.96M | 10.45M |
| Goodwill | 18.41M | 18.41M | 18.41M | |||
| Other Intangible Assets | 90.00K | |||||
| Long-Term Deferred Tax Assets | 140.00K | 445.00K | 881.00K | |||
| Other Long-Term Assets | 51.00K | 121.00K | 27.64M | 1.98M | 3.13M | 2.28M |
| Total Assets | 54.11M | 51.26M | 64.10M | 95.97M | 102.32M | 106.60M |
| Accounts Payable | 519.00K | 260.00K | 2.42M | 3.14M | 2.75M | |
| Accrued Expenses | 254.00K | 1.53M | 1.53M | 6.19M | 3.63M | 4.11M |
| Current Portion of Leases | 285.00K | 441.00K | 483.00K | 2.38M | 1.39M | 2.44M |
| Current Income Taxes Payable | 26.00K | 43.00K | 40.00K | 189.00K | 519.00K | 128.00K |
| Current Unearned Revenue | 230.00K | 50.00K | ||||
| Other Current Liabilities | 418.00K | 18.00M | 6.04M | 1.12M | 3.60M | 6.96M |
| Total Current Liabilities | 1.50M | 20.02M | 8.35M | 12.30M | 12.51M | 16.44M |
| Long-Term Leases | 165.00K | 298.00K | 780.00K | 2.57M | 2.15M | 2.85M |
| Long-Term Deferred Tax Liabilities | 31.00K | 27.00K | ||||
| Other Long-Term Liabilities | 461.00K | 508.00K | 15.07M | 16.09M | 15.41M | 16.18M |
| Total Liabilities | 2.13M | 20.86M | 24.22M | 30.96M | 30.07M | 35.47M |
| Common Stock | 505.51M | 504.40M | 490.62M | 486.32M | 481.23M | 475.64M |
| Retained Earnings | -450.59M | -528.38M | -505.88M | -477.16M | -450.99M | -434.95M |
| Comprehensive Income & Other | 257.00K | 2.88M | 4.69M | 3.38M | 2.18M | -468.00K |
| Total Common Equity | 51.98M | -21.09M | -10.57M | 12.54M | 32.42M | 40.22M |
| Minority Interest | 51.50M | 50.45M | 52.47M | 39.83M | 30.91M | |
| Shareholders' Equity | 51.98M | 30.41M | 39.88M | 65.01M | 72.25M | 71.13M |
| Total Liabilities & Equity | 54.11M | 51.26M | 64.10M | 95.97M | 102.32M | 106.60M |
| Total Debt | 450.00K | 739.00K | 1.26M | 4.95M | 3.54M | 5.29M |
| Net Cash (Debt) | 52.44M | 10.50M | 4.22M | 42.60M | 53.28M | 56.30M |
| Net Cash Per Share | 8.53 | 1.91 | 0.87 | 9.10 | 11.77 | 12.87 |
| Filing Date Shares Outstanding | 6.05M | 6.36M | 5.07M | 4.82M | 4.64M | 4.50M |
| Total Common Shares Outstanding | 6.05M | 6.34M | 4.98M | 4.76M | 4.59M | 4.45M |
| Working Capital | 51.91M | 30.21M | 26.51M | 52.43M | 59.86M | 58.06M |
| Book Value Per Share | 8.60 | -3.33 | -2.12 | 2.63 | 7.06 | 9.04 |
| Tangible Book Value | 51.98M | -21.09M | -10.57M | -5.87M | 14.02M | 21.72M |
| Tangible Book Value Per Share | 8.60 | -3.33 | -2.12 | -1.23 | 3.05 | 4.88 |
| Machinery | 3.64M | 3.52M | 15.20M | 12.54M | 15.21M | |
| Leasehold Improvements | 634.00K | 635.00K | 1.71M | 1.51M | 1.38M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 69.76M | -22.50M | -28.72M | -26.18M | -16.03M | -19.82M |
| Depreciation & Amortization | 1.28M | 2.55M | 3.59M | 2.87M | 3.24M | 3.55M |
| Other Amortization | 46.00K | 46.00K | 189.00K | 1.42M | 1.50M | 1.21M |
| Loss (Gain) From Sale of Assets | -2.98M | -2.96M | ||||
| Stock-Based Compensation | 2.51M | 2.90M | 3.96M | 4.80M | 5.20M | 6.08M |
| Other Operating Activities | -402.00K | -1.06M | -798.00K | -468.00K | -938.00K | -351.00K |
| Change in Accounts Receivable | 582.00K | 1.32M | 4.27M | -28.00K | -1.34M | -4.04M |
| Change in Inventory | 599.00K | 726.00K | -242.00K | -2.21M | -291.00K | 976.00K |
| Change in Accounts Payable | -244.00K | -680.00K | -1.02M | -727.00K | 486.00K | 1.28M |
| Change in Income Taxes | -371.00K | -6.00K | 231.00K | -261.00K | 486.00K | 452.00K |
| Change in Other Net Operating Assets | -1.25M | -948.00K | -1.27M | 1.97M | -5.15M | 1.49M |
| Operating Cash Flow | -15.63M | -20.61M | -19.81M | -18.81M | -12.83M | -9.16M |
| Capital Expenditures | -342.00K | -448.00K | -3.76M | -3.83M | -1.59M | -3.48M |
| Sale (Purchase) of Intangibles | 3.00M | 3.00M | -156.00K | -1.42M | ||
| Investment in Securities | 250.00K | |||||
| Other Investing Activities | 754.00K | 641.00K | ||||
| Investing Cash Flow | 47.09M | 3.31M | -3.12M | -3.99M | -3.01M | -3.23M |
| Short-Term Debt Issued | 2.15M | |||||
| Total Debt Issued | 2.15M | 2.15M | ||||
| Long-Term Debt Repaid | -1.31M | -1.31M | -1.37M | -1.46M | -1.20M | |
| Total Debt Repaid | -741.00K | -1.31M | -1.31M | -1.37M | -1.46M | -1.20M |
| Net Debt Issued (Repaid) | 1.40M | 838.00K | -1.31M | -1.37M | -1.46M | -1.20M |
| Issuance of Common Stock | 8.96M | 10.88M | 337.00K | 299.00K | 1.79M | 13.93M |
| Other Financing Activities | 14.60M | 10.74M | 29.98M | |||
| Financing Cash Flow | 7.17M | 11.72M | -971.00K | 13.53M | 11.07M | 42.71M |
| Net Cash Flow | 38.63M | -5.58M | -23.90M | -9.28M | -4.77M | 30.33M |
| Free Cash Flow | -15.97M | -21.05M | -23.57M | -22.65M | -14.43M | -12.63M |
| Free Cash Flow Margin | -1,530.17% | -3,038.09% | -3,415.51% | -37.95% | -20.57% | -22.93% |
| Free Cash Flow Per Share | -2.60 | -3.82 | -4.84 | -4.84 | -3.19 | -2.89 |
| Levered Free Cash Flow | 3.90M | 2.74M | -20.41M | -15.65M | -9.13M | -4.46M |
| Unlevered Free Cash Flow | 3.90M | 2.74M | -20.41M | -15.64M | -9.09M | -4.46M |
| Cash Interest Paid | 80.00K | 127.00K | 97.00K | 161.00K | 196.00K | 162.00K |
| Cash Income Tax Paid | 191.00K | 552.00K | 227.00K | 315.00K | 188.00K | 376.00K |
| Change in Working Capital | -687.00K | 415.00K | 1.97M | -1.25M | -5.81M | 165.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 30.85M | 40.03M | 43.00M | 74.27M | 97.10M | 234.20M |
| Enterprise Value | -21.59M | 79.76M | 70.56M | 80.80M | 82.26M | 203.84M |
| Last Close Price | 5.10 | 6.36 | 8.75 | 15.72 | 21.24 | 52.80 |
| Forward PE | 101.50 | 101.50 | 101.50 | 101.50 | 101.50 | |
| PS Ratio | 29.55 | 57.76 | 62.31 | 1.25 | 1.38 | 4.25 |
| PB Ratio | 0.59 | 1.32 | 1.08 | 1.14 | 1.34 | 3.29 |
| P/TBV Ratio | 0.59 | 6.93 | 10.78 | |||
| PEG Ratio | 33.92 | 33.92 | 33.92 | 33.92 | 33.92 | |
| EV/Sales Ratio | 115.09 | 102.26 | 1.35 | 1.17 | 3.70 | |
| Debt / Equity Ratio | 0.01 | 0.02 | 0.03 | 0.08 | 0.05 | 0.07 |
| Net Debt / Equity Ratio | -1.01 | -0.34 | -0.11 | -0.66 | -0.74 | -0.79 |
| Net Debt / EBITDA Ratio | 4.83 | 1.17 | 0.46 | 1.65 | 3.92 | 3.42 |
| Net Debt / FCF Ratio | 3.28 | 0.50 | 0.18 | 1.88 | 3.69 | 4.46 |
| Asset Turnover | 0.02 | 0.01 | 0.01 | 0.60 | 0.67 | 0.62 |
| Inventory Turnover | 11.86 | 21.22 | 14.01 | |||
| Quick Ratio | 35.21 | 0.56 | 0.66 | 4.69 | 5.34 | 4.28 |
| Current Ratio | 35.56 | 2.51 | 4.18 | 5.26 | 5.79 | 4.53 |
| Return on Equity (ROE) | -25.44% | -23.47% | -24.13% | -39.26% | -21.25% | -31.31% |
| Return on Assets (ROA) | -14.33% | -12.52% | -9.99% | -18.05% | -10.06% | -14.00% |
| Return on Capital Employed (ROCE) | -23.10% | -37.00% | -22.90% | -34.20% | -18.70% | -22.20% |
| Earnings Yield | 222.03% | -56.21% | -66.80% | -35.24% | -16.51% | -8.46% |
| FCF Yield | -51.78% | -52.60% | -54.81% | -30.49% | -14.86% | -5.39% |
| Buyback Yield / Dilution | -22.03% | -13.28% | -3.97% | -3.36% | -3.48% | -28.98% |