Filing Flows › Pixelworks (PXLW) › Q2 2025
Pixelworks (PXLW) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Pixelworks (PXLW) reported revenue of $8.2M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +16% from the quarter before. Operating margin was -88.5%, net loss $6.9M (83.9% of revenue).
Pixelworks, Q2 2025: revenue $8.2M (-3% year over year), operating margin -88.5%, net loss $6.9M, operating cash flow −$4.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.2M | +16% | -3% |
| Operating profit | −$7.3M | — | — |
| Net earnings | −$6.9M | — | — |
| Operating cash flow | −$4.6M | — | — |
What changed
Revenue was $8.2M in Q2 2025, down 3% year over year and up 16% from the previous quarter. IC sales was the largest line at 97% of revenue. IC sales lost $384K year over year (down 5%), 135% of the total change.
Gross margin was 45.8%, down 4.9 points from a year earlier. Operating costs exceeded revenue by $7.3M, an operating margin of -88.5%. Operating expenses fell 26% while revenue fell 3%. The quarter ended with a net loss of $6.9M, narrower than the previous quarter's $8.0M loss. Minority interests bore $218K of it: to shareholders the quarter was a loss of $6.7M.
Operating cash flow was −$4.6M. Non-cash charges added back $739K of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of $223K exceeded it, leaving free cash flow of −$4.8M.
Questions
What was Pixelworks' revenue in the second quarter 2025?
Pixelworks (PXLW) reported revenue of $8.2M for the second quarter 2025 (Q2 2025), -3% from a year earlier and +16% from the quarter before.
Was Pixelworks profitable in the second quarter 2025?
Operating loss was $7.3M (-88.5% of revenue) and net loss $6.9M.
Source: Pixelworks 10-Q on SEC EDGAR.