Filing Flows › Pixelworks (PXLW) › Q1 2026
Pixelworks (PXLW) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Pixelworks (PXLW) reported revenue of $446K for the first quarter 2026 (Q1 2026), -94% from a year earlier.
Pixelworks, Q1 2026: revenue $446K (-94% year over year), net earnings $80.6M, operating cash flow −$4.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $446K | — | -94% |
| Operating profit | −$4.9M | — | — |
| Net earnings | $80.6M | — | — |
| Operating cash flow | −$4.6M | — | — |
What changed
Revenue was $446K in Q1 2026, down 94% year over year.
Gross margin was 56.7%, up 8.1 points from a year earlier. Operating costs exceeded revenue by $4.9M, an operating margin of -1100.9%. Operating expenses fell 21% while revenue fell 94%. Net earnings were $80.6M. The effective tax rate was 0.0%. Non-operating items added $85.5M, 106% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.6M. Non-cash charges added back $355K of share-based compensation. Working capital and other items used $85.5M. Capital expenditures of $105K exceeded it, leaving free cash flow of −$4.7M.
Questions
What was Pixelworks' revenue in the first quarter 2026?
Pixelworks (PXLW) reported revenue of $446K for the first quarter 2026 (Q1 2026), -94% from a year earlier.
Source: Pixelworks 10-Q on SEC EDGAR.