Every 10-Q that Phunware, Inc. (PHUN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PHUN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PHUN filings page.
Phunware, Inc. reported higher revenue but continued losses for the quarter and six months ended June 30, 2026. Net revenue reached $0.8 million for the quarter and $1.3 million year-to-date, driven mainly by software subscriptions and services and aided by a customer‑initiated early contract termination. Advertising remains a small contributor.
Gross margin improved sharply to 69.0% for the quarter and 69.7% year‑to‑date as cost of revenue declined, but operating expenses rose, particularly in sales and marketing, general and administrative and research and development, reflecting higher marketing spend, legal costs and AI‑focused hiring and consulting. Net loss widened to $5.2 million for the quarter and $8.4 million for the six months.
Phunware held $92.1 million in cash and cash equivalents and used $8.5 million in operating cash during the first half. Bookings and the combined backlog plus deferred revenue declined to $3.1 million. The company is investing in generative and agentic AI features and adopted a 2026 Inducement Plan to support hiring. Management continues to report a material weakness in internal control over financial reporting and is implementing remediation. The company also disclosed an ongoing arbitration with a former executive involving significant claimed damages.
Phunware, Inc. reported Q3 2025 results. Net revenue was $622 thousand, with software subscriptions and services contributing $446 thousand and advertising $176 thousand. Gross profit was $287 thousand, yielding a gross margin of 46.1%.
The company posted a net loss of $2.409 million for the quarter. Other income was $1.091 million, driven mainly by interest income of $1.077 million. Adjusted EBITDA was $(3.340) million. For the nine months, revenue totaled $1.765 million and gross profit $836 thousand.
Cash and cash equivalents were $103.783 million as of September 30, 2025, versus total liabilities of $7.315 million. Deferred revenue was $2.083 million and backlog $2.687 million, for a combined $4.770 million of billed and unbilled contract value to be recognized over time. Operating expenses were $3.787 million in Q3, including $2.308 million in general and administrative and $800 thousand in sales and marketing. As of November 4, 2025, 20,187,326 common shares were outstanding.
The company noted ongoing legal proceedings, with certain matters settled by insurers and others pending, and stated it intends to vigorously defend remaining claims.
Phunware, Inc. reported total net revenue of $1.143 million for the six months ended June 30, 2025, down 40.8% from $1.932 million a year earlier as advertising revenue sharply declined while software subscriptions rose. Advertising revenue fell to $75 thousand for the six months, a 92.2% drop, while software subscriptions increased 10.1% to $1.068 million. Gross profit for the six months was $549 thousand. The company recorded a six‑month net loss of $6.867 million and negative adjusted EBITDA of $8.854 million.
Phunware holds $106.3 million in cash and cash equivalents and had total assets of $108.08 million as of June 30, 2025. Backlog plus deferred revenue totaled $5.116 million with remaining performance obligations of $5.320 million. Management disclosed material weaknesses in internal controls, ongoing litigation (Wild Basin and WSGR arbitration), a board/audit‑committee composition issue with Nasdaq, and a change in the interim CEO.