PXLWNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
PIXELWORKS, INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$5.33−0.04 (-0.74%)
Close on Oct 19, 2026
- Market cap
- $33.55M
- P/E (TTM)
- 0.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
85.0%+35.6 pts over 5 years
Operating margin
-1667.5%−1602.1 pts over 5 years
Net margin
-3246.6%−3181.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.4% | -78.5% | -55.8% | -35.9% | |
| Gross profit | +5.0% | -74.6% | -50.7% | -32.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -45.6% | -52.8% | 142.1% | |
| Return on assets | -29.7% | -38.8% | -39.0% | |
| Current ratio | 2.70 | 3.74 | 2.51 | |
| Interest coverage | -23.2× | -111.9× | – | |
| Inventory turnover | 9.3× | 5.3× | – | |
| Capex to revenue | 4.0% | 6.5% | 64.6% | |
| Diluted shares | 2M | 3M | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Pixelworks generated $81.22M from operations and spent $13.11M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$81.22M
Used
$13.11M
Capital expenditure$13.11M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-3246.6%
×Asset turnover0.01×
×Equity multiplier-3.64×
=Return on equity, FY2025142.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -3246.6% | 0.01× | -3.64× | 142.1% |
| FY2024 | -4162.2% | 0.01× | 81.13× | -2911.2% |
| FY2023 | -43.9% | 0.60× | 4.41× | -116.4% |
| FY2022 | -22.9% | 0.67× | 2.88× | -44.1% |
| FY2021 | -36.0% | 0.62× | 1.92× | -42.6% |
| FY2020 | -64.9% | 0.60× | 1.36× | -52.8% |
| FY2019 | -13.2% | 1.06× | 1.34× | -18.7% |
| FY2018 | -5.1% | 1.15× | 1.43× | -8.4% |
| FY2017 | -4.4% | 1.64× | 1.50× | -10.9% |
| FY2016 | -20.8% | 1.43× | 1.53× | -45.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$22.50M
- Cash generatingOperating cash flow above zero-$20.61M
- Return on assets improvedROA up on the prior year-29.9% → -35.1%
- Earnings backed by cashOperating cash flow above net income-$20.61M vs -$22.50M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.18 → 2.51
- No dilutionShare count did not rise5M → 6M
- Gross margin improvedGross margin up on the prior year81.30% → 84.99%
- More efficientAsset turnover rose0.01 → 0.01