PIXELWORKS, INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $693.0K | $690.0K | $59.7M | $70.1M | $55.1M | $40.9M | $68.8M | $76.6M |
| Cost of Revenue | $104.0K | $129.0K | $34.0M | $34.3M | $27.4M | $20.7M | $34.3M | $37.1M |
| Gross Profit | $589.0K | $561.0K | $25.7M | $35.9M | $27.7M | $20.2M | $34.5M | $39.5M |
| Gross Margin | 85.0% | 81.3% | 43.1% | 51.2% | 50.3% | 49.4% | 50.2% | 51.6% |
| Operating Expenses | ||||||||
| Research & Development | $3.7M | $4.4M | $30.9M | $30.5M | $27.3M | $25.0M | $26.0M | $22.9M |
| SG&A Expense | $8.5M | $8.9M | $23.5M | $22.2M | $20.4M | $19.8M | $21.2M | $20.0M |
| Operating Income | $-11.6M | $-13.0M | $-28.6M | $-16.8M | $-20.0M | $-26.7M | $-13.1M | $-4.8M |
| Operating Margin | -1,667.5% | -1,878.8% | -48.0% | -24.0% | -36.3% | -65.4% | -19.1% | -6.3% |
| Interest Expense | — | $69.0K | $25.0K | $50.0K | $0 | $239.0K | $158.0K | $369.0K |
| Pretax Income | $-8.4M | $-12.6M | $-26.6M | $-16.1M | $-19.5M | $-25.9M | $-8.6M | $-3.5M |
| Income Tax Expense | $-184.0K | $44.0K | $357.0K | $-884.0K | $-133.0K | $598.0K | $453.0K | $448.0K |
| Net Income | $-22.5M | $-28.7M | $-26.2M | $-16.0M | $-19.8M | $-26.5M | $-9.1M | $-3.9M |
| Net Margin | -3,246.6% | -4,162.2% | -43.9% | -22.9% | -36.0% | -64.9% | -13.2% | -5.1% |
| EPS (Basic) | $-4.08 | $-5.90 | $-0.47 | $-0.30 | $-0.38 | $-0.65 | $-0.24 | $-0.11 |
| EPS (Diluted) | $-4.08 | $-5.90 | $-0.47 | $-0.30 | $-0.38 | $-0.65 | $-0.24 | $-0.11 |
| Shares Outstanding (Basic) | 5.5M | 4.9M | 56.2M | 54.3M | 52.5M | 40.7M | 38.4M | 36.9M |
| Shares Outstanding (Diluted) | 5.5M | 4.9M | 56.2M | 54.3M | 52.5M | 40.7M | 38.4M | 36.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |