profit from every $100 of sales.

Phunware
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What Phunware sold, what it kept, and what it did with the cash.
Sales went from $6.52 million in 2022 to $2.55 million in 2025, with -$11.4 million of profit last year.
Phunware vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Phunware | No profit yet | ||
SAP | 34.4× · Expensive | ||
Quhuo | No profit yet | ||
Shopify | 153.7× · Very expensive | ||
Salesforce | 24.0× · Fair price |
AI analysis
An AI analyst reads Phunware's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 7 | 5 | 3 | 3 | |
| 4 | 2 | 1 | 1 | |
| -24 | -20 | -14 | -21 | |
| -43 | -40 | -10 | -11 | |
| -51 | -53 | -10 | -11 | |
| -25.50 | -22.18 | -0.94 | -0.57 | |
| 53.8% | 34.9% | 45.6% | 50.6% | |
| -368.5% | -411.3% | -435.5% | -803.7% | |
| -780.5% | -1,092.4% | -323.5% | -446.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 55 | 7 | 115 | 121 |
| Cash | 2 | 4 | 113 | 101 |
| Total debt | 12 | 7 | 1 | 1 |
| Total liabilities | 30 | 18 | 8 | 25 |
| 25 | -11 | 107 | 96 | |
| 2 | 2 | 11 | 20 | |
| -91.4% | – | -7.4% | -9.3% | |
| -204.5% | 460.7% | -9.6% | -11.8% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -27 | -18 | -13 | -12 | |
| 1 | – | – | – | |
| -28 | -18 | -13 | -12 | |
| Dividends paid | – | – | – | – |
| 0 | 1 | 0 | – | |
| 3 | 4 | 2 | 0 |
Valuation
- –
- –
- –
- 0.4×
- 14.0×
- –
- –
- -34.9%
- -31.9%
- 0.0%
Profitability
- 50.6%
- -803.7%
- -446.6%
- -725.7%
- -20.9%
- 171.3%
- -11.2%
- -10.9%
- -21.0%
- 134.1%
Growth
- −26.8%
- –
- +6.3%
- –
- +91.3%
Financial health
- -8.8×
- 0.01
- 0.5%
- -328.8×
- 16.95
- 16.95
- 0.02
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $9.83
- Range
- $3.00 – $22.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.16 | -0.17 | +5.9% |
| Mar 20, 2026 | -0.11 | -0.14 | +21.4% |
| Nov 6, 2025 | -0.12 | -0.14 | +14.3% |
| Aug 8, 2025 | -0.16 | -0.15 | −6.7% |
| May 12, 2025 | -0.12 | -0.12 | +0.0% |
| Mar 20, 2025 | -0.06 | -0.18 | +66.7% |
| Nov 7, 2024 | -0.25 | -0.26 | +3.8% |
| Aug 8, 2024 | -0.32 | -0.37 | +13.5% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Phunware
Is Phunware a good stock to buy?
A business with weak numbers that is not profitable yet. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Phunware AI analysis
What does Phunware do?
Phunware, 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. It is in Software - Application.
Does Phunware pay a dividend?
No. Phunware does not pay a dividend at the moment.
Is Phunware stock halal?
No. Phunware does not pass our halal screen: its cash and confirmed interest-bearing investments are 281% of its market value, at or above the 33% limit. How we check
How has Phunware stock done over the past year?
Down 22.8% over the past twelve months, to $1.73. It traded between $1.60 and $2.28 and is 24.1% below its high.
Who are Phunware's competitors?
The largest listed companies in the same industry are SAP, Quhuo, Shopify and Salesforce. The peers table on this page compares their profit, growth and price with Phunware's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



