Parkervision Financials
This page shows Parkervision (PRKR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash burn financed by fresh capital now defines the business more than FY2023's one-year cash surge.
FY2023's profit-and-cash inflow did not become a self-funding model: by FY2025 operating cash flow was-$5.1M while financing added$4.6M . That support kept cash at$4.4M even as shares outstanding rose from 87.7M to 143.2M, showing liquidity came mainly from new capital rather than recurring operations.
Short-term liquidity looks serviceable, with a current ratio of 1.9x, so near-term bills were covered. But capital structure remains strained: equity was
The liability load is also not traditional debt-driven leverage: long-term debt was only
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Parkervision's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Parkervision carries a low D/E ratio of -0.00, meaning only $-0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 89/100, indicating a strong balance sheet with room for future borrowing.
Parkervision's current ratio of 1.94 indicates adequate short-term liquidity, earning a score of 35/100. The company can meet its near-term obligations, though with limited headroom.
Parkervision passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Parkervision generates $0.69 in operating cash flow (-$5.1M OCF vs -$7.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Parkervision generated $0 in revenue in fiscal year 2025.
Parkervision reported -$7.4M in net income in fiscal year 2025. This represents an increase of 48.7% from the prior year.
Cash & Balance Sheet
Parkervision generated -$5.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 60.0% from the prior year.
Parkervision held $4.4M in cash against $201K in long-term debt as of fiscal year 2025.
Parkervision had 143M shares outstanding in fiscal year 2025. This represents an increase of 25.6% from the prior year.
Margins & Returns
Capital Allocation
Parkervision invested $2K in capex in fiscal year 2025, funding long-term assets and infrastructure.
PRKR Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | N/A | $0 | $0 | $0 | N/A | $0 | $0 |
| Cost of Revenue | $36K | N/A | $50K-2.0% | $51K-5.6% | $54K | N/A | $57K-1.7% | $58K |
| Gross Profit | -$36K | N/A | -$50K+2.0% | -$51K+5.6% | -$54K | N/A | -$57K+1.7% | -$58K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $958K | N/A | $1.5M-60.9% | $3.8M+209.2% | $1.2M | N/A | $980K+43.5% | $683K |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $60K | N/A | $66K-2.9% | $68K-6.8% | $73K | N/A | $101K-2.9% | $104K |
| Income Tax | $0 | N/A | $0 | $0 | $0 | N/A | $0 | $0 |
| Net Income | -$1.6M | N/A | -$2.0M-20.3% | -$1.6M+57.0% | -$3.8M | N/A | N/A | -$327K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | $-0.12 | $0.00 |
PRKR Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.5M-16.0% | $5.4M+184.6% | $1.9M-38.7% | $3.1M-29.4% | $4.3M-26.0% | $5.9M+220.7% | $1.8M-23.2% | $2.4M |
| Current Assets | $3.8M-17.6% | $4.7M+304.2% | $1.2M-49.8% | $2.3M-35.0% | $3.5M-29.9% | $5.0M+435.6% | $942K-16.7% | $1.1M |
| Cash & Equivalents | $3.4M-21.5% | $4.4M+383.9% | $901K-56.0% | $2.0M-37.6% | $3.3M-33.3% | $4.9M+499.0% | $821K-19.9% | $1.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $50.0M-0.9% | $50.5M-2.4% | $51.7M+0.6% | $51.4M-4.7% | $53.9M+3.2% | $52.3M+0.3% | $52.1M+22.4% | $42.6M |
| Current Liabilities | $2.1M-12.3% | $2.4M-18.2% | $2.9M+19.9% | $2.5M-16.7% | $2.9M+22.5% | $2.4M+0.1% | $2.4M-0.4% | $2.4M |
| Long-Term Debt | N/A | $201K | N/A | N/A | N/A | $340K | N/A | N/A |
| Total Equity | -$45.5M-0.9% | -$45.1M+9.5% | -$49.8M-3.1% | -$48.3M+2.5% | -$49.6M-6.9% | -$46.4M+7.7% | -$50.3M-25.2% | -$40.2M |
| Retained Earnings | -$457.2M-0.3% | -$455.6M0.0% | -$455.6M-0.4% | -$453.6M-0.4% | -$452.0M-0.8% | -$448.2M-0.6% | -$445.5M-2.5% | -$434.7M |
PRKR Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$851K+20.6% | -$1.1M+2.7% | -$1.1M+3.5% | -$1.1M+37.5% | -$1.8M-57.8% | -$1.2M-80.9% | -$640K-2.4% | -$625K |
| Capital Expenditures | N/A | -$1K | N/A | N/A | N/A | $0 | $0 | $0 |
| Free Cash Flow | N/A | -$1.1M | N/A | N/A | N/A | -$1.2M-80.9% | -$640K-2.4% | -$625K |
| Investing Cash Flow | $0+100.0% | -$9K0.0% | -$9K0.0% | -$9K+73.5% | -$34K-3500.0% | $1K+200.0% | -$1K | $0 |
| Financing Cash Flow | -$86K-101.9% | $4.5M+12711.1% | -$36K+55.6% | -$81K-136.3% | $223K-95.8% | $5.3M+1102.3% | $437K+620.2% | -$84K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PRKR Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -34.5% | N/A | -104.4%-51.2pp | -53.2%+34.1pp | -87.4% | N/A | N/A | -13.7% |
| Current Ratio | 1.82-0.1 | 1.94+1.5 | 0.39-0.5 | 0.94-0.3 | 1.20-0.9 | 2.10+1.7 | 0.39-0.1 | 0.47 |
| Debt-to-Equity | -1.10-1.1 | -0.00+1.0 | -1.04+0.0 | -1.06+0.0 | -1.09-1.1 | -0.01+1.0 | -1.04+0.0 | -1.06 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$45.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
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Frequently Asked Questions
What is Parkervision's annual revenue?
Parkervision (PRKR) reported $0 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is Parkervision profitable?
No, Parkervision (PRKR) reported a net income of -$7.4M in fiscal year 2025.
How much debt does Parkervision have?
As of fiscal year 2025, Parkervision (PRKR) had $4.4M in cash and equivalents against $201K in long-term debt.
What is Parkervision's free cash flow?
Parkervision (PRKR) generated -$5.1M in free cash flow during fiscal year 2025. This represents a -60.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Parkervision's operating cash flow?
Parkervision (PRKR) generated -$5.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Parkervision's total assets?
Parkervision (PRKR) had $5.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Parkervision's capital expenditures?
Parkervision (PRKR) invested $2K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Parkervision's current ratio?
Parkervision (PRKR) had a current ratio of 1.94 as of fiscal year 2025, which is generally considered healthy.
What is Parkervision's debt-to-equity ratio?
Parkervision (PRKR) had a debt-to-equity ratio of -0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Parkervision's return on assets (ROA)?
Parkervision (PRKR) had a return on assets of -138.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Parkervision's cash runway?
Based on fiscal year 2025 data, Parkervision (PRKR) had $4.4M in cash against an annual operating cash burn of $5.1M. This gives an estimated cash runway of approximately 10 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Parkervision's debt-to-equity ratio negative or unusual?
Parkervision (PRKR) has negative shareholder equity of -$45.1M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Parkervision's Piotroski F-Score?
Parkervision (PRKR) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Parkervision's earnings high quality?
Parkervision (PRKR) has an earnings quality ratio of 0.69x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Parkervision?
Parkervision (PRKR) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.