Growth & profitability
- Revenue has declined 23.9% per year over the past 5 years.
- Operating margin has contracted, at -803.7% in the latest year.
Financial health
- Operating income covered interest expense -641.2× in the latest year.
PHUN Financials Phunware, Inc.
12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $3M | -$11M | 50.6% | -803.7% | — | — | $101M |
| 2024 | $3M | -$10M | 45.6% | -435.5% | — | — | $113M |
| 2023 | $5M | -$53M | 34.9% | -945.6% | -$18M | — | $4M |
| 2022 | $7M | -$51M | 53.8% | -368.5% | -$28M | — | $2M |
| 2021 | $11M | -$54M | 33.9% | -158.3% | — | $5M | $23M |
| 2020 | $10M | -$22M | 66.4% | -175.0% | — | $10M | $4M |
| 2019 | $19M | -$13M | 52.9% | -64.3% | — | $1M | $276000 |
| 2018 | $31M | -$10M | 61.8% | -22.2% | — | $0 | $844000 |
| 2018 | — | -$923180 | — | — | — | — | $93 |
| 2017 | — | -$26M | — | — | — | — | $308000 |
| 2017 | — | -$307274 | — | — | — | — | $117205 |
| 2016 | — | -$90189 | — | — | — | — | $490888 |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $542000 | -$3M | 70.8% | -742.1% | — | — | $98M |
| Dec '25 | $788000 | -$2M | 57.7% | -1008.2% | — | — | $101M |
| Sep '25 | $622000 | -$2M | 46.1% | -562.7% | — | — | $104M |
| Jun '25 | $455000 | -$3M | 41.8% | -936.3% | — | — | $106M |
| Mar '25 | $688000 | -$4M | 52.2% | -699.7% | — | — | $110M |
| Dec '24 | $592000 | -$3M | 23.3% | -826.2% | — | — | $113M |
| Sep '24 | $665000 | -$3M | 48.4% | -479.7% | — | — | $36M |
| Jun '24 | $1M | -$3M | 46.5% | -290.2% | — | — | $20M |
| Mar '24 | $921000 | -$2M | 56.9% | -312.1% | — | — | $22M |
| Dec '23 | $940000 | -$23M | 47.3% | -2088.5% | -$3M | — | $4M |
| Sep '23 | $1M | -$19M | 50.4% | -1060.5% | -$3M | — | $3M |
| Jun '23 | $1M | -$7M | 41.3% | -470.0% | -$5M | — | $1M |
| Mar '23 | $1M | -$4M | 5.4% | -498.1% | -$7M | — | $694000 |
| Dec '22 | -$11M | -$11M | 5.5% | 34.2% | -$4M | — | $2M |
| Sep '22 | $5M | -$8M | 16.7% | -165.6% | -$8M | — | $9M |
| Jun '22 | $5M | -$17M | 27.7% | -137.4% | -$5M | — | $3M |
| Mar '22 | $7M | -$15M | 26.1% | -74.1% | -$11M | — | $11M |
| Dec '21 | $5M | -$32M | 22.5% | -96.3% | — | $5M | $23M |
| Sep '21 | $2M | $372000 | 52.5% | -186.9% | — | $1M | $882000 |
| Jun '21 | $1M | -$8M | 21.7% | -292.1% | — | $4M | $3M |
Valuation over time
How the market has priced PHUN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has risen from 2.2× (Mar '23) to 15.2× (Jun '26).
P/S
Frequently asked questions
Is PHUN growing its revenue and profit?
Over the past 5 years, Phunware, Inc.'s revenue has declined 23.9% per year. These are computed facts, not advice.
How much debt does PHUN have?
As of FY2025, Phunware, Inc. reported — of total debt against $101M of cash; operating income covered interest expense -641.2×.
What is PHUN's profit margin?
In FY2025, gross margin was 50.6%, operating margin -803.7%, and net margin -446.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.