Filing Flows › Pixelworks (PXLW) › Q3 2025
Pixelworks (PXLW) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Pixelworks (PXLW) reported revenue of $8.8M for the third quarter 2025 (Q3 2025), -8% from a year earlier and +6% from the quarter before. Operating margin was -64.1%, net loss $4.6M (52.4% of revenue).
Pixelworks, Q3 2025: revenue $8.8M (-8% year over year), operating margin -64.1%, net loss $4.6M, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.8M | +6% | -8% |
| Operating profit | −$5.6M | — | — |
| Net earnings | −$4.6M | — | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $8.8M in Q3 2025, down 8% year over year and up 6% from the previous quarter. IC sales was the largest line at 97% of revenue. IC sales lost $939K year over year (down 10%), 124% of the total change.
Gross margin was 49.8%, down 1.4 points from a year earlier. Operating costs exceeded revenue by $5.6M, an operating margin of -64.1%. Operating expenses fell 26% while revenue fell 8%. The quarter ended with a net loss of $4.6M, narrower than the previous quarter's $6.9M loss. Minority interests bore $161K of it: to shareholders the quarter was a loss of $4.4M.
Operating cash flow was −$2.9M. Non-cash charges added back $755K of share-based compensation. Working capital and other items added $1.0M. Capital expenditures of $163K exceeded it, leaving free cash flow of −$3.0M.
Questions
What was Pixelworks' revenue in the third quarter 2025?
Pixelworks (PXLW) reported revenue of $8.8M for the third quarter 2025 (Q3 2025), -8% from a year earlier and +6% from the quarter before.
Was Pixelworks profitable in the third quarter 2025?
Operating loss was $5.6M (-64.1% of revenue) and net loss $4.6M.
Source: Pixelworks 10-Q on SEC EDGAR.