PXLW Nasdaq Services-Prepackaged Software Financials FY2016βFY2025
Pixelworks, Inc had $0.7M of revenue in fiscal 2025, up 0.4% on the year before. Over five years, revenue changed β55.8% a year on average.
Last close Β· Oct 23, 2026
$5.40
1.5%Hi! I read Pixelworks, Incβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+0.4%
Only a little. Sales grew 0.4% last year.
Does it make a profit?
β3,246.6%
No. It lost money last year.
Does profit turn into cash?
β3,038.1%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
0.5x
One share costs 0.5 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Pixelworks, Inc had $0.7M of revenue in fiscal 2025, up 0.4% on the year before. Over five years, revenue changed β55.8% a year on average. Its operating margin was β1,667.5%, up 211.3Β pts: of every 100 in sales, about β1,668 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Pixelworks, Inc lost $22.5M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$21.1M in fiscal 2025, β3,038.1% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders sold $0.3M of shares on the open market and bought none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.3M
2 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 18, 2026 | Haley F AmanChief Financial Officer | Sold | 8,157 | $6.74 | $0.1M | Form 4 |
| Aug 18, 2026 | Todd DebonisPresident and CEO, Director | Sold | 7,917 | $6.74 | $0.1M | Form 4 |
| May 21, 2026 | Haley F AmanChief Financial Officer | Sold | 12,371 | $5.98 | $0.1M | Form 4 |
| May 21, 2026 | Todd DebonisPresident and CEO, Director | Sold | 12,274 | $5.98 | $0.1M | Form 4 |
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Pixelworks, Inc can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $61.6M | $56.8M | $47.5M | $5.5M | $11.2M |
| Interest coverage | β | β336.3x | β1,145.4x | β187.9x | β |
| Current ratio | 4.5x | 5.8x | 5.3x | 4.2x | 2.5x |
| Quick ratio | 4.4x | 5.6x | 4.9x | 3.7x | 2.5x |
| Total assets | $107M | $102M | $96.0M | $64.1M | $51.3M |
| Total liabilities | $35.5M | $30.1M | $31.0M | $24.2M | $20.9M |
| Shareholders' equity | $40.2M | $32.4M | $12.5M | β$10.6M | β$21.1M |
| Net debt (β = net cash) | β | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Pixelworks, Inc passes 4 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 4 / 9 | 4 / 9 | 1 / 8 | 2 / 8 | 4 / 8 | 5 / 8 | 1 / 8 | 3 / 8 | 4 / 8 |
| Accruals ratio | β31.0% | β32.0% | β7.3% | 2.0% | β33.4% | β11.9% | β3.1% | β7.4% | β11.1% | β3.3% |
| Altman Z'' | β36.40 | β15.15 | β13.89 | β15.75 | β15.74 | β9.80 | β10.50 | β14.20 | β24.83 | β32.31 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $53.4M | $80.6M | $76.6M | $68.8M | $40.9M | $55.1M | $70.1M | $59.7M | $0.7M | $0.7M |
| Gross profit | $25.1M | $41.8M | $39.5M | $34.5M | $20.2M | $27.7M | $35.9M | $25.7M | $0.6M | $0.6M |
| Research and development | $19.0M | $21.4M | $22.9M | $26.0M | $25.0M | $27.3M | $30.5M | $30.9M | $4.4M | $3.7M |
| Operating income | β$10.3M | β$2.0M | β$4.8M | β$13.1M | β$26.7M | β$20.0M | β$16.8M | β$28.6M | β$13.0M | β$11.6M |
| Interest expense | $0.4M | $0.5M | $0.4M | $0.2M | $0.2M | $0.0M | $0.1M | $0.0M | $0.1M | β |
| Pretax income | β$10.8M | β$3.1M | β$3.5M | β$8.6M | β$25.9M | β$19.5M | β$16.1M | β$26.6M | β$12.6M | β$8.4M |
| Income tax | $0.4M | $0.5M | $0.4M | $0.5M | $0.6M | β$0.1M | β$0.9M | $0.4M | $0.0M | β$0.2M |
| Net income | β$11.1M | β$3.6M | β$3.9M | β$9.1M | β$26.5M | β$19.8M | β$16.0M | β$26.2M | β$28.7M | β$22.5M |
| Net income to common | β | β | β | β | β$26.5M | β$20.0M | β$16.1M | β$26.2M | β$28.7M | β$22.5M |
| Diluted EPS | β$0.39 | β$0.11 | β$0.11 | β$0.24 | β$0.65 | β$0.38 | β$0.30 | β$0.47 | β$5.90 | β$4.08 |
| Diluted shares | 0.03B | 0.03B | 0.04B | 0.04B | 0.04B | 0.05B | 0.05B | 0.06B | 0.00B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | β$1.5M | $12.2M | $1.0M | β$10.4M | β$3.7M | β$9.2M | β$12.8M | β$18.8M | β$19.8M | β$20.6M |
| Capital expenditure | $2.1M | $2.5M | $2.1M | $2.6M | $2.6M | $3.5M | $1.6M | $3.8M | $3.8M | $0.4M |
| Free cash flow | β$3.7M | $9.7M | β$1.1M | β$13.0M | β$6.3M | β$12.6M | β$14.4M | β$22.6M | β$23.6M | β$21.1M |
| Depreciation and amortization | $3.5M | $3.6M | $3.6M | $3.8M | $3.7M | $3.6M | $4.7M | $4.3M | $3.8M | $2.6M |
| Stock-based compensation | $2.7M | $4.2M | $5.7M | $6.6M | $7.9M | $6.1M | $5.2M | $4.8M | $4.0M | $2.9M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $19.6M | $27.5M | $24.0M | $14.2M | $31.5M | $61.6M | $56.8M | $47.5M | $5.5M | $11.2M |
| Total debt | $0.0M | $6.1M | $0.0M | β | β | β | β | β | β | β |
| Current assets | $26.3M | $36.3M | $35.4M | $32.2M | $39.6M | $74.5M | $72.4M | $64.7M | $34.9M | $50.2M |
| Current liabilities | $9.7M | $18.3M | $12.6M | $9.7M | $10.6M | $16.4M | $12.5M | $12.3M | $8.3M | $20.0M |
| Inventory | $2.8M | $2.8M | $3.0M | $5.4M | $2.4M | $1.5M | $1.8M | $4.0M | $4.2M | β |
| Property and equipment, net | $3.8M | $5.6M | $6.2M | $4.6M | $5.1M | $5.7M | $4.6M | $6.0M | $0.3M | $0.2M |
| Goodwill | $0.0M | $18.4M | $18.4M | $18.4M | $18.4M | $18.4M | $18.4M | $18.4M | $18.4M | β |
| Intangible assets | $0.0M | $5.9M | $4.2M | $2.7M | $1.2M | $0.1M | $0.0M | β | β | β |
| Total assets | $30.9M | $67.5M | $65.3M | $64.7M | $72.0M | $107M | $102M | $96.0M | $64.1M | $51.3M |
| Total liabilities | $11.8M | $28.1M | $16.0M | $17.1M | $19.2M | $35.5M | $30.1M | $31.0M | $24.2M | $20.9M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $22.3M | $43.3M | $49.4M | $47.5M | $52.9M | $40.2M | $32.4M | $12.5M | β$10.6M | β$21.1M |
| Margins | ||||||||||
| Gross margin | 47.0% | 51.8% | 51.6% | 50.2% | 49.4% | 50.3% | 51.2% | 43.1% | 81.3% | 85.0% |
| Operating margin | β19.4% | β2.5% | β6.3% | β19.1% | β65.4% | β36.3% | β24.0% | β48.0% | β1,878.8% | β1,667.5% |
| EBITDA margin | β12.9% | 1.9% | β1.7% | β13.5% | β56.3% | β29.7% | β17.3% | β40.8% | β1,331.2% | β1,292.9% |
| Net margin | β20.8% | β4.4% | β5.1% | β13.2% | β64.9% | β36.0% | β22.9% | β43.9% | β4,162.2% | β3,246.6% |
| FCF margin | β6.9% | 12.0% | β1.5% | β18.9% | β15.5% | β22.9% | β20.6% | β37.9% | β3,415.5% | β3,038.1% |
| Returns | ||||||||||
| Return on capital | β305.8% | β7.4% | β15.0% | β | β | β | β | β | β | β |
| Return on capital employed | β49.0% | β4.1% | β9.1% | β23.9% | β43.5% | β22.2% | β18.7% | β34.2% | β23.3% | β37.0% |
| Return on equity | β49.8% | β10.9% | β8.4% | β18.7% | β52.8% | β42.6% | β44.1% | β116.4% | β2,911.2% | β |
| Return on assets | β36.0% | β7.2% | β5.9% | β14.0% | β38.8% | β22.2% | β15.3% | β26.4% | β35.9% | β39.0% |
| Return on tangible equity | β49.8% | β18.7% | β14.6% | β34.4% | β79.8% | β92.2% | β115.0% | β | β | β |
| Growth | ||||||||||
| Revenue growth | β | 51.0% | β5.1% | β10.2% | β40.6% | 34.9% | 27.3% | β14.9% | β98.8% | 0.4% |
| FCF growth | β | β | β111.7% | β | β | β | β | β | β | β |
| Share count change | β | 11.4% | 14.1% | 5.3% | 7.6% | 29.0% | 3.5% | 3.4% | β91.3% | 13.3% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β13.9x | β | β | β | β | β | β | β | β |
| Debt / equity | 0.0x | 0.1x | 0.0x | β | β | β | β | β | β | β |
| Interest coverage | β23.2x | β4.5x | β13.1x | β83.1x | β111.9x | β | β336.3x | β1,145.4x | β187.9x | β |
| Current ratio | 2.7x | 2.0x | 2.8x | 3.3x | 3.7x | 4.5x | 5.8x | 5.3x | 4.2x | 2.5x |
| Quick ratio | 2.4x | 1.8x | 2.6x | 2.8x | 3.5x | 4.4x | 5.6x | 4.9x | 3.7x | 2.5x |
| Capital allocation | ||||||||||
| Capex / revenue | 4.0% | 3.1% | 2.7% | 3.8% | 6.5% | 6.3% | 2.3% | 6.4% | 544.9% | 64.6% |
| Stock comp / revenue | 5.0% | 5.3% | 7.4% | 9.7% | 19.2% | 11.0% | 7.4% | 8.0% | 573.6% | 419.0% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 4.0 | 4.0 | 1.0 | 2.0 | 4.0 | 5.0 | 1.0 | 3.0 | 4.0 |
| Altman Z'' | β36.4 | β15.1 | β13.9 | β15.8 | β15.7 | β9.8 | β10.5 | β14.2 | β24.8 | β32.3 |
| Accruals ratio | β31.0% | β32.0% | β7.3% | 2.0% | β33.4% | β11.9% | β3.1% | β7.4% | β11.1% | β3.3% |
Source: SEC EDGAR XBRL filings (CIK 0001040161). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
