10-Q · May 14, 2026
Pixelworks reported Q1 2026 revenue of $446,000, significantly exceeding estimates of $200,000, but faced a substantial EPS loss of -$0.72, worse than the -$0.16 expected. The company also recorded a notable…
Earnings analysis · 10-Q
PXLW earnings analysis
Filed August 11, 2026 · Our reading of the company's report
The latest report
Pixelworks’ Q2 2026 results were materially weak: revenue was $64,000 versus $8 million a year earlier and $300,000 expected, while diluted EPS was $(0.44) versus $(1.27) a year earlier and $(0.22) expected. Although…
Read full summary
Pixelworks’ Q2 2026 results were materially weak: revenue was $64,000 versus $8 million a year earlier and $300,000 expected, while diluted EPS was $(0.44) versus $(1.27) a year earlier and $(0.22) expected. Although the per-share loss improved year over year and the company repurchased 464,000 shares for $3.192 million, the filing provides no quantitative guidance and identifies no material changes to the existing risk factors. Overall, the severe revenue contraction and earnings miss support a bearish assessment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.44
What stood out
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Revenue remained sharply depressed
Q2 revenue was $64,000, versus $8 million in Q2 2025. Revenue also fell short of the $300,000 estimate by $236,000.
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EPS improved year over year
Diluted EPS was $(0.44), compared with $(1.27) in Q2 2025, an improvement of $0.83 per share year over year but a $0.22 miss versus the $(0.22) estimate.
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Share repurchase program executed
The company repurchased 464,000 shares during the quarter for an aggregate purchase price of $3.192 million, leaving $1.809 million available under the plan at June 30, 2026.
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Disclosure controls remained effective
Management concluded that disclosure controls and procedures were effective at the reasonable-assurance level as of the end of the reporting period.
What to watch
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Severe revenue contraction
Q2 revenue of $64,000 was down $7.936 million from $8 million in Q2 2025, indicating substantial ongoing pressure on the company’s revenue base.
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Quarterly loss exceeded expectations
Diluted EPS was $(0.44), which missed the $(0.22) estimate by $(0.22) per share and indicates continued losses despite the year-over-year improvement from $(1.27).
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No change to existing risk factors
The filing states that there were no material changes to the risk factors in the December 31, 2025 Form 10-K filed on March 12, 2026; therefore, the existing risk profile remains applicable without a newly disclosed mitigation.
Management's outlook
No quantitative revenue or EPS guidance was provided in the 10-Q. Management outlook was not quantified in the provided filing text.
Earlier filings 4
10-K · March 12, 2026
Pixelworks completed the sale of its Shanghai semiconductor subsidiary (PWSH) for approximately RMB 357 million (approximately $51.0 million) and has pivoted from semiconductor IC products to a focused cinematic…
10-Q · November 12, 2025
Pixelworks reported Q3 revenue of $8,771 (amounts in thousands) and a GAAP net loss per share of $(0.81). Operating loss narrowed to $(5,622) from $(8,632) in the year-ago quarter, while gross profit declined to $4,371…
10-Q · August 13, 2025
Pixelworks reported quarterly revenue of $8,250 (amounts in thousands) and a GAAP loss per share of $(1.27) for the three months ended June 30, 2025. Operating loss narrowed to $(7,301) from $(10,742) year-over-year…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.