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PHUNPhunware, Inc.
$2.00$41M
Overview & Verdict
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PHUN logoPhunware, Inc.(PHUN)Earnings, Financials & Key Ratios

PHUN•NASDAQ
$2.00
Price updated Jul 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryMarketing automation and ad technology
AboutPhunware, Inc., together with its subsidiaries, offers integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. The company's products and services include cloud-based mobile software that licenses in software development kits (SDKs) form utilized inside mobile applications, such as analytics that provides data related to application use and engagement; content management that allows application administrators to create and manage app content in a cloud-based portal; alerts, notifications, and messaging; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services that include mapping, navigation, wayfinding, workflow, asset management, and policy enforcement. It also engages the integration of its SDK licenses into existing applications maintained by its customers, as well as custom application development and support services; provision of cloud-based vertical solutions for healthcare, retail, sports, aviation, real estate, hospitality, education, and other applications; offering application transactions, including re-occurring and one-time transactional media purchases for application discovery, user acquisition and audience building, audience engagement, and audience monetization; and pre-packaged and custom high-end personal computer systems for gaming, streaming, and cryptocurrency mining enthusiasts. The company was founded in 2009 and is headquartered in Austin, Texas.Show more
  • Revenue$3M-19.9%
  • EBITDA-$21M-47.8%
  • Net Income-$11M-10.5%
  • EPS (Diluted)-0.57+39.4%
  • Gross Margin50.57%+10.9%
  • EBITDA Margin-803.21%-84.6%
  • Operating Margin-803.72%-84.5%
  • Net Margin-446.57%-38.0%
  • ROE-11.2%+48.0%

PHUN Price & Volume

Phunware, Inc. (PHUN) stock price & volume — 10-year historical chart

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Persistent Operational Losses Mask Significant Cash Reserves

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Adequate
Cash Flow:Burning
Primary Risk:Persistent structural operating losses

Key Thesis Takeaways

  • Phunware faces a challenging outlook characterized by a 21.2% year-over-year revenue contraction in 2026Q1 and a history of structural operating losses.
  • While the company maintains a substantial $97.9 million cash position, this liquidity buffer is offset by an accumulated deficit of $327.9 million and a lack of consistent free cash flow generation.
  • Investors should monitor whether the company can pivot its mobile engagement platform toward sustainable profitability, as current metrics suggest a reliance on equity-based financing rather than operational success.

Verdict Logic

the company's inability to generate positive free cash flow, combined with a 21.2% revenue decline in 2026Q1, suggests significant long-term viability risks despite the $97.9 million cash balance.

PHUN Growth Metrics

Phunware, Inc. (PHUN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-23.9%
3 Years-26.84%
TTM-18.57%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM7.13%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM47.62%

Return on Capital

10 Years-99.88%
5 Years-113.8%
3 Years-158.11%
Last Year-19.99%

Latest PHUN News

Recent stock market news and headlines for Phunware, Inc. (PHUN)

GlobeNewsWire·Jun 26, 2026
Phunware Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)

AUSTIN, Texas, June 26, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today announced that it made an inducement grant to Dmitry Kroshka in connection with his employment as Phunware's new Chief Executive Officer, effective May 13, 2026. Such grant was made under the Phunware, Inc. 2026 Inducement Plan, which was approved and adopted on June 18, 2026 by Phunware's Board of Directors.

Peers Comparison

Key metrics vs top competitors for Phunware, Inc. (PHUN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PHUN logoPHUNPhunware, Inc.Current
$2.00$40.89M-3.51-19.94%-446.57%-11.2%—
APPS logoAPPSDigital Turbine, Inc.
$10.39$1.25B-31.4715.24%-6.68%-21.96%—
MGNI logoMGNIMagnite, Inc.
$20.52$2.94B21.606.85%21.96%18.57%—
KORE logoKOREKORE Group Holdings, Inc.
$9.24$182.17M-2.90-0.05%-27.37%——
XTIA logoXTIAXTI Aerospace, Inc.
$1.56$25.48M-0.37602.37%-183.5%-860.83%—
BRZE logoBRZEBraze, Inc.
$24.40$2.75B-20.0024.4%-15.51%-20.27%—

Compare PHUN vs Peers

Phunware, Inc. (PHUN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs APPS

Most directly comparable listed peer for PHUN.

Scale Benchmark

vs AAPL

Larger-name benchmark to compare PHUN against a more recognizable public peer.

Peer Set

Compare Top 5

vs APPS, MGNI, KORE, XTIA

PHUN SEC Filings & Documents

Phunware, Inc. (PHUN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 18, 2026·SEC

Material company update

May 7, 2026·SEC

Material company update

Mar 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 27, 2026·SEC

FY 2025

Mar 31, 2025·SEC

FY 2024

Mar 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 11, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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PHUN Frequently Asked Questions

Phunware, Inc. (PHUN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Phunware, Inc.'s revenue?

Phunware, Inc. (PHUN) reported $2.4M in revenue for fiscal year 2025. This represents a 95% decrease from $47.4M in 2016.

How fast is Phunware, Inc. growing?

Phunware, Inc. (PHUN) saw revenue decline by 19.9% over the past year.

Is PHUN profitable?

Phunware, Inc. (PHUN) reported a net loss of $10.9M for fiscal year 2025.

Dividend & Returns
What is PHUN's return on equity?

Phunware, Inc. (PHUN) has a return on equity (ROE) of -11.2%. Negative ROE indicates the company is unprofitable.

What is Phunware, Inc.'s free cash flow?

Phunware, Inc. (PHUN) had negative free cash flow of $5.9M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in PHUN back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →