--- title: "Pixelworks | 8-K: FY2026 Q2 Revenue: USD 64 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/295581235.md" datetime: "2026-08-11T21:11:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295581235.md) - [en](https://longbridge.com/en/news/295581235.md) - [zh-HK](https://longbridge.com/zh-HK/news/295581235.md) --- # Pixelworks | 8-K: FY2026 Q2 Revenue: USD 64 K Revenue: As of FY2026 Q2, the actual value is USD 64 K. EPS: As of FY2026 Q2, the actual value is USD -0.44. EBIT: As of FY2026 Q2, the actual value is USD -2.786 M. ### Financial Performance Summary #### Revenue, Net Net revenue for the three months ended June 30, 2026, was $64 thousand, compared to $159 thousand for the same period in 2025. For the six months ended June 30, 2026, net revenue was $510 thousand, compared to $159 thousand for the same period in 2025. Revenue for the second quarter of 2026 was approximately $64,000, contributing to a first six months total revenue of $510,000. Full year 2025 revenue from TrueCut Motion and related motion grading services was approximately $690,000. #### Cost of Revenue Cost of revenue was $25 thousand for the three months ended June 30, 2026, down from $46 thousand for the same period in 2025. For the six months ended June 30, 2026, cost of revenue was $218 thousand, up from $53 thousand for the same period in 2025. #### Gross Profit Gross profit for the three months ended June 30, 2026, was $39 thousand, a decrease from $113 thousand in the prior year period. For the six months ended June 30, 2026, gross profit was $292 thousand, an increase from $106 thousand in the prior year period. Gross profit margin for the second quarter was 60.9%, compared with 56.7% in the previous quarter. #### Operating Expenses Total operating expenses for the three months ended June 30, 2026, were $3,403 thousand, up from $2,624 thousand in the comparable 2025 period. Research and development expenses were $1,195 thousand for Q2 2026, compared to $896 thousand for Q2 2025. Selling, general and administrative expenses were $2,114 thousand for Q2 2026, compared to $1,728 thousand for Q2 2025. Restructuring expenses were $94 thousand for Q2 2026, compared to $0 thousand for Q2 2025. For the six months ended June 30, 2026, total operating expenses were $8,566 thousand, compared to $5,708 thousand in the prior year period. Total GAAP operating expenses for the second quarter were $3.4 million, a decrease from $5.2 million in the first quarter of 2026, reflecting the completion of restructuring and streamlining actions. #### Loss from Operations Loss from operations for the three months ended June 30, 2026, was - $3,364 thousand, compared to - $2,511 thousand for the same period in 2025. For the six months ended June 30, 2026, loss from operations was - $8,274 thousand, compared to - $5,602 thousand for the same period in 2025. #### Interest Income and Other Interest income and other for the three months ended June 30, 2026, was $578 thousand, compared to $27 thousand for the same period in 2025. For the six months ended June 30, 2026, interest income and other was $897 thousand, compared to $64 thousand for the same period in 2025. #### Loss Before Income Taxes Loss before income taxes for the three months ended June 30, 2026, was - $2,786 thousand, compared to - $2,484 thousand for the same period in 2025. For the six months ended June 30, 2026, loss before income taxes was - $7,377 thousand, compared to - $5,538 thousand for the same period in 2025. #### Provision (Benefit) for Income Taxes Provision for income taxes for the three months ended June 30, 2026, was $10 thousand, compared to $96 thousand for the same period in 2025. For the six months ended June 30, 2026, benefit for income taxes was - $12 thousand, compared to - $143 thousand for the same period in 2025. #### Net Loss from Continuing Operations Net loss from continuing operations for the three months ended June 30, 2026, was - $2,796 thousand, compared to - $2,580 thousand for the same period in 2025. For the six months ended June 30, 2026, net loss from continuing operations was - $7,365 thousand, compared to - $5,395 thousand for the same period in 2025. #### Net Income (Loss) from Discontinued Operations Net income (loss) from discontinued operations for the three months ended June 30, 2026, was $0 thousand, compared to - $4,345 thousand for the same period in 2025. For the six months ended June 30, 2026, net income from discontinued operations was $85,153 thousand, compared to net loss of - $9,550 thousand for the same period in 2025. #### Net Income (Loss) Attributable to Pixelworks, Inc. Net income (loss) attributable to Pixelworks, Inc. for the three months ended June 30, 2026, was - $2,796 thousand, compared to - $6,707 thousand for the same period in 2025. For the six months ended June 30, 2026, net income attributable to Pixelworks, Inc. was $77,788 thousand, compared to net loss of - $14,468 thousand for the same period in 2025. #### Cash and Cash Equivalents Cash and cash equivalents stood at $52,888 thousand as of June 30, 2026, a significant increase from $11,243 thousand as of December 31, 2025. Pixelworks, Inc. ended the second quarter with approximately $53 million in cash and cash equivalents and zero debt. The sequential net change in the cash balance from the prior quarter included approximately - $1.7 million used from operations and approximately - $3.2 million used to repurchase shares of Pixelworks, Inc. common stock during the second quarter. #### Share Repurchase Pixelworks, Inc. repurchased $3.2 million of shares of common stock under its stock repurchase program during the second quarter. #### Operational Highlights Q2 2026 marked Pixelworks, Inc.’s first full quarter of operations as a pure-play technology licensing company, following a strategic transformation earlier in the year. The company expanded its TrueCut Motion ecosystem through new partnerships with CINITY and Kinepolis Group and secured a new multi-year device certification agreement with a large device manufacturer, representing its first major device licensee ahead of schedule. #### Outlook / Guidance Pixelworks, Inc. anticipates sequential revenue growth in the third quarter based on currently booked business, including licensing and related motion grading services. The company expects to maintain cash operating expenses below $2.5 million per quarter through the remainder of 2026 and generate quarterly interest income of $400,000 to $500,000. Pixelworks, Inc. is well capitalized and aims to demonstrate further momentum in the second half of the year by executing strategic growth objectives as a global technology licensing company. ### Related Stocks - [PXLW.US](https://longbridge.com/en/quote/PXLW.US.md) ## Related News & Research - [Pixelworks Q2 revenue drops sharply after business model shift](https://longbridge.com/en/news/295575369.md) - [Stocks See Support as Weak US Economic Reports Curb Fed Rate-Hike Expectations](https://longbridge.com/en/news/295946665.md) - [REG - Barclays PLC Pinewood Tech Gp PLC - Form 8.3 PINEWOOD TECHNOLOGIES GROUP PLC](https://longbridge.com/en/news/296500468.md) - [Who is Flock's CEO, Garrett Langley?](https://longbridge.com/en/news/296233439.md) - [BlackRock cuts Gerdau preferred stake to 9.99%](https://longbridge.com/en/news/296401335.md)