Filing Flows › Phunware (PHUN) › Q1 2026 › vs Q4 2025
Phunware (PHUN) Q1 2026 vs Q4 2025 (quarter over quarter)
Phunware's revenue fell $246K (-31%) from $788K in Q4 2025 to $542K in Q1 2026. The biggest changes: Software Subscriptions and Services −$234K (-31%); Advertising −$12K (-39%).
Phunware, Q1 2026: revenue $542K (-21% year over year), operating margin -742.1%, net loss $3.2M, operating cash flow −$2.7M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Software Subscriptions and Services | $523K | $757K | −$234K | -31% |
| Advertising | $19K | $31K | −$12K | -39% |
| Revenue | $542K | $788K | −$246K | -31% |
| Other income, net | $828K | $5.8M | −$5.0M | -86% |
| Net loss | $3.2M | $2.1M | $1.1M | +50% |
| Costs & expenses | $4.6M | $8.7M | −$4.2M | -48% |
| Operating costs | $4.6M | $8.7M | −$4.2M | -48% |
| Cost of revenue | $158K | $333K | −$175K | -53% |
| Research & development | $878K | $701K | $177K | +25% |
| Sales & marketing | $825K | $966K | −$141K | -15% |
| General & admin | $2.7M | $6.7M | −$4.0M | -60% |
| Operating cash sources | $3.2M | $2.1M | $1.1M | +50% |
| Share-based compensation | $112K | $117K | −$5K | -4% |
| Working capital & other | $355K | −$1.2M | $1.5M | — |
| Cash used in operations | $2.7M | $3.2M | −$469K | -15% |
| Net loss absorbed | $3.2M | $2.1M | $1.1M | +50% |
Questions
How much did Phunware's revenue grow quarter over quarter in Q1 2026?
Phunware's revenue fell $246K (-31%) from $788K in Q4 2025 to $542K in Q1 2026.
What drove Phunware's revenue change in Q1 2026?
Software Subscriptions and Services −$234K (-31%); Advertising −$12K (-39%).