Phunware, Inc. logo

Phunware, Inc.

PHUN

NASDAQTechnologySoftware - Application

Latest quote

$2.075

−$0.005 · -0.24%

Aug 24, 12:07 PM ET

PHUN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

60

Fair Value

Momentum

47

Neutral

Sentiment

58

Mixed

Risk resilience

29

High Risk

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Company profile

Company website

Phunware, Inc., operating alongside its subsidiaries, delivers an integrated software platform designed to empower companies globally and within the United States. Its primary aim is to provide clients with the tools, solutions, and services needed to effectively engage with, manage, and ultimately generate revenue from their diverse mobile application portfolios. Central to the company's offerings is cloud-based mobile software, which is licensed to customers in the form of Software Development Kits (SDKs) for integration into existing mobile applications. These SDKs include a wide array of functionalities: Analytics: Offering valuable data on application usage and user engagement. Content Management: Enabling administrators to easily create and manage app content through a cloud-based portal. Communication Tools: Providing robust alerts, notifications, and messaging capabilities. Marketing Automation: Facilitating location-triggered messages and streamlined workflows. Advertising: Offering solutions for ad placement and management. Location-Based Services: Encompassing mapping, navigation, wayfinding, workflow management, asset tracking, and policy enforcement. Beyond the core SDKs, Phunware also offers services for integrating its SDK licenses into client applications, alongside custom application development and ongoing support. The company further provides specialized, cloud-based solutions tailored for specific industries such as healthcare, retail, sports, aviation, real estate, hospitality, and education. Additionally, Phunware facilitates various application transactions, including both recurring and one-time media purchases aimed at enhancing app discovery, user acquisition, audience building, engagement, and monetization efforts. In a distinct offering, Phunware also supplies pre-assembled and custom-built high-performance personal computer systems, catering to enthusiasts involved in gaming, streaming, and cryptocurrency mining. Established in 2009, Phunware's corporate headquarters are located in Austin, Texas.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Dmitry Kroshka
Listed since
Oct 28, 2016
Employees
26

Market position

Volume
19.58K
0.16× average
Average volume
124.74K
Average daily volume
Market cap
42.43M USD
Beta
2.66
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-62.64M USD
P/E (TTM)
-3.19×
P/B (TTM)
0.48×
P/S (TTM)
15.42×
EV / EBITDA
5.53×
Earnings yield
-30.54%
Free cash flow yield
-33.40%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
60.96%
Operating margin
-782.12%
Net margin
-473.10%
Return on equity
-11.84%
Return on assets
-9.43%
Return on invested capital
-21.09%

Financial health

Debt / equity
0.01×
Current ratio
5.03×
Altman Z-score
0.81
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends168%-290%-749%-1207%Gross margin, FY2021: 33.95%Gross margin, FY2022: 53.81%Gross margin, FY2023: 34.89%Gross margin, FY2024: 45.59%Gross margin, FY2025: 50.57%Operating margin, FY2021: -158.26%Operating margin, FY2022: -368.52%Operating margin, FY2023: -945.59%Operating margin, FY2024: -435.53%Operating margin, FY2025: -803.72%Net margin, FY2021: -502.88%Net margin, FY2022: -780.46%Net margin, FY2023: -1092.40%Net margin, FY2024: -323.49%Net margin, FY2025: -446.57%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 33.95%. Gross margin FY2022 53.81%. Gross margin FY2023 34.89%. Gross margin FY2024 45.59%. Gross margin FY2025 50.57%. Operating margin FY2021 -158.26%. Operating margin FY2022 -368.52%. Operating margin FY2023 -945.59%. Operating margin FY2024 -435.53%. Operating margin FY2025 -803.72%. Net margin FY2021 -502.88%. Net margin FY2022 -780.46%. Net margin FY2023 -1092.40%. Net margin FY2024 -323.49%. Net margin FY2025 -446.57%.

Income trends

Revenue

2.55M USD-19.94%

Operating income

−20.52M USD-47.74%

Net income

−11.4M USD-10.52%
Income trends across reported periods17.06M USD−8.61M USD−34.27M USD−59.94M USDRevenue, FY2021: 10.64M USDRevenue, FY2022: 6.52M USDRevenue, FY2023: 4.83M USDRevenue, FY2024: 3.19M USDRevenue, FY2025: 2.55M USDOperating income, FY2021: −16.84M USDOperating income, FY2022: −24.03M USDOperating income, FY2023: −45.69M USDOperating income, FY2024: −13.89M USDOperating income, FY2025: −20.52M USDNet income, FY2021: −53.52M USDNet income, FY2022: −50.89M USDNet income, FY2023: −52.79M USDNet income, FY2024: −10.32M USDNet income, FY2025: −11.4M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 10.64M USD. Revenue FY2022 6.52M USD. Revenue FY2023 4.83M USD. Revenue FY2024 3.19M USD. Revenue FY2025 2.55M USD. Operating income FY2021 −16.84M USD. Operating income FY2022 −24.03M USD. Operating income FY2023 −45.69M USD. Operating income FY2024 −13.89M USD. Operating income FY2025 −20.52M USD. Net income FY2021 −53.52M USD. Net income FY2022 −50.89M USD. Net income FY2023 −52.79M USD. Net income FY2024 −10.32M USD. Net income FY2025 −11.4M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.55M USD3.19M USD4.83M USD6.52M USD10.64M USD
Cost of goods sold1.26M USD1.74M USD3.15M USD3.01M USD7.03M USD
Gross profit1.29M USD1.45M USD1.69M USD3.51M USD3.61M USD
Research and development3.16M USD2.27M USD4.45M USD6.15M USD4.18M USD
Selling, general, and administrative18.65M USD13.08M USD17.11M USD21.39M USD16.28M USD
Operating expenses21.81M USD15.34M USD47.38M USD27.54M USD20.46M USD
Interest income4.27M USD1.73M USD
Interest expense32K USD135K USD1.73M USD2.41M USD4.48M USD
Depreciation and amortization13K USD16K USD84K USD50K USD238K USD
Operating income−20.52M USD−13.89M USD−45.69M USD−24.03M USD−16.84M USD
Net income−11.4M USD−10.32M USD−52.79M USD−50.89M USD−53.52M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 3 misses, 1 met estimate
Average EPS surprise
-6.46%
11 comparable reports
Latest EPS result
-0.26
Estimate -0.14 · Miss by 85.71%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.05-0.13-0.22-0.3Q1 '25BeatQ2 '25MetQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 20, 2025: actual -0.06, estimate -0.18, surprise +66.67%, Beat. Q2 2025, reported May 12, 2025: actual -0.12, estimate -0.12, surprise 0.00%, Met estimate. Q3 2025, reported Aug 8, 2025: actual -0.16, estimate -0.15, surprise -6.67%, Miss. Q4 2025, reported Nov 6, 2025: actual -0.12, estimate -0.14, surprise +14.29%, Beat. Q1 2026, reported Mar 20, 2026: actual -0.11, estimate -0.14, surprise +21.43%, Beat. Q2 2026, reported May 7, 2026: actual -0.16, estimate -0.17, surprise +5.88%, Beat. Q3 2026, reported Aug 7, 2026: actual -0.26, estimate -0.14, surprise -85.71%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate -0.11, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates966.56K783.41K600.26K417.11KQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 20, 2025: actual 592.5K USD, estimate 928.67K USD, surprise -36.20%, Miss. Q2 2025, reported May 12, 2025: actual 688K USD, estimate 663.5K USD, surprise +3.69%, Beat. Q3 2025, reported Aug 8, 2025: actual 455K USD, estimate 726.5K USD, surprise -37.37%, Miss. Q4 2025, reported Nov 6, 2025: actual 622K USD, estimate 533K USD, surprise +16.70%, Beat. Q1 2026, reported Mar 20, 2026: actual 800K USD, estimate 610K USD, surprise +31.15%, Beat. Q2 2026, reported May 7, 2026: actual 542K USD, estimate 702K USD, surprise -22.79%, Miss. Q3 2026, reported Aug 7, 2026: actual 799K USD, estimate 796K USD, surprise +0.38%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 902K USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$9.83

373.73% upside
Past 12 months12-month forecastHigh $22.00Average $9.83Low $3.00

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy00%
Buy375%
Hold125%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions

PHUN news

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