Welcome to our dedicated page for Phunware news (Ticker: PHUN), a resource for investors and traders seeking the latest updates and insights on Phunware stock.
Phunware reports developments tied to its enterprise cloud platform for mobile-first software products, solutions, data, and services that enable brands to engage, manage, and monetize mobile audiences. Company updates commonly cover software subscriptions and services, advertising activity, customer momentum, revenue trends, gross margin, cash use, and non-GAAP operating measures.
Recent news also reflects Phunware’s focus on hospitality and related mobile experiences, including AI Concierge, on-property mapping, live wayfinding, guest engagement, and customer deployments in hospitality and healthcare. Governance updates, annual meeting matters, board appointments, and leadership changes are recurring corporate themes for PHUN.
Phunware (NASDAQ: PHUN) reported Q1 2026 results: revenue $0.5M (down 21% YoY), gross margin 70.8%, net loss $3.2M (improved from $3.7M), and loss per share ($0.16). Cash and equivalents were $97.9M with no debt. Phunware launched two hospitality product tiers, commercially released AI Concierge, continued AI investment, and settled legacy legal proceedings.
Phunware (NASDAQ: PHUN) reported Q4 2025 revenue of $0.8M, up 33% year-over-year, and Q4 gross margin of 57.7%. Full-year 2025 revenue declined to $2.6M from $3.2M, while FY net loss was $11.4M or ($0.57) per share. Cash and cash equivalents totaled $100.6M at year-end. The company launched two hospitality product tiers, commercially released an AI Concierge after a pilot, and added board and leadership appointments to support its hospitality and AI strategy.
Phunware (NASDAQ: PHUN) launched a redesigned corporate website on January 28, 2026 and unveiled two hospitality-specific product tiers targeted at luxury brands and full-service property owners. The site highlights refined mobile-first apps, cloud updates, advanced wayfinding, and claims guest app adoption rates exceeding 70%.
The products aim to reduce guest friction, boost ancillary revenues at spatially complex hotels and resorts, and position Phunware for scaled hospitality deployments.
Phunware (NASDAQ: PHUN) announced the election of Ed Lu to its Board of Directors following the Annual Meeting of Stockholders on December 17, 2025, and the re-election of Interim CEO Jeremy Krol to the board. Mr. Lu brings over 14 years of senior finance leadership, currently serving as CFO and COO of Fandom since October 2018, with expertise in finance, accounting, risk management, corporate development, M&A and capital markets. The company said Mr. Lu will help guide board strategy, technology and customer initiatives to support long-term shareholder value.
Phunware (NASDAQ: PHUN) announced that Elliot Han was appointed Chairperson of its Board of Directors and Chairperson of the Board’s Audit Committee, effective October 2025. Mr. Han has served as a Class II non-employee director since January 2024 and will continue to chair the Board’s Compensation Committee.
His recent roles include Chief Investment Officer of C1 Fund Inc. since February 2025 and Partner at PGP Capital Advisors since September 2023. His background includes senior roles at Cantor Fitzgerald, New York Stock Exchange, Goldman Sachs, Argon Group, and earlier positions at Freshfields and Credit Suisse. Mr. Han holds degrees from Columbia, Oxford, and Cambridge.
The company said his experience in corporate finance, capital markets, technology, and digital assets will support growth in its software business and exploration of digital asset opportunities.
Phunware (NASDAQ: PHUN) reported third quarter 2025 results for the period ended September 30, 2025. Net revenue was $0.6 million, down 6.5% year‑over‑year. Gross margin declined to 46.1% from 48.4%. The company recorded a net loss of $2.4 million (Q3 2024: $2.8 million) and net loss per share of ($0.12) (Q3 2024: ($0.25)). Adjusted EBITDA for Q3 was $(3.34) million. Net cash used in operations for the nine months was $9.3 million versus $10.6 million a year earlier. Cash and cash equivalents were $103.8 million at September 30, 2025.
Key corporate items: Jeremy Krol was named Interim CEO and director; the 2025 Annual Meeting is scheduled for December 17, 2025 (record date October 23, 2025). The company is piloting its AI Concierge product with a hospitality partner and plans additional AI feature rollouts.
Phunware (NASDAQ: PHUN) released a white paper titled "From Browsing to Booking and Back Again" on Nov 3, 2025, presenting a digital engagement strategy for hospitality operators.
The paper estimates that 35% of guest spending occurs after check-in and that a 200-room property at 60% occupancy could capture an $2M+ annual ancillary revenue opportunity by converting static brochures into interactive digital maps and a real-time concierge. It identifies five levers: capturing on-site attention, unlocking post-check-in revenue, precision engagement, operational efficiency, and market positioning.
Phunware (NASDAQ: PHUN) announced that Jeremy Krol has been appointed to its Board of Directors, effective October 22, 2025.
Krol joined Phunware in June 2024, served as COO, and has been Interim Chief Executive Officer since July 2025; he will continue as Interim CEO while joining the board. The company says Krol brings more than 20 years of experience in engineering, finance, and technology startups and will continue to oversee daily operations, strengthen business and sales initiatives around existing products, and advance integrations of new technologies.
Phunware (NASDAQ: PHUN), an enterprise mobile app solutions provider, reported Q2 2025 financial results with mixed performance. Software subscriptions and services revenue decreased 16% to $0.4 million compared to Q2 2024, while gross margin significantly improved to 43.9% from 26.9% year-over-year.
The company reported a net loss of $3.1 million ($0.16 per share) compared to $2.6 million ($0.32 per share) in Q2 2024. Q2 software bookings reached $0.6 million from new customers. The company maintains strong liquidity with $106.3 million in cash and announced new AI initiatives, including AI Concierge and Guest Services Agent features for the hospitality industry.
Under new interim CEO Jeremy Krol, Phunware is focusing on AI integration, product innovation, and has four new customers in development within hospitality and healthcare sectors, expected to launch next quarter.
Phunware (NASDAQ: PHUN) has announced significant changes to its senior leadership team. Jeremy Krol, the company's current Chief Operating Officer, has been appointed as Interim CEO, replacing Stephen Chen. Additionally, board member Rahul Mewawalla has been named Executive Chairman and Chief AI Architect.
Krol brings operational optimization experience and previously served as a startup advisor at Platform Calgary. Mewawalla, with extensive experience in technology and AI, will focus on strategic matters and advancing Phunware's artificial intelligence initiatives. He has held leadership positions at companies including Yahoo, Nokia, and General Electric.