Phunware Q2 rev $0.4M (-16% YoY); net loss $3.1M; appoints Jeremy Krol interim CEO

Phunware, Inc.

2025-Q2 EPS reported -$0.34 revenue$1,143,000

Software subscriptions & services revenue $0.4M, down 16% YoY; gross margin 43.9%, up 1,694 bps from 26.9%.
Net loss $3.1M vs $2.6M prior year; EPS improved to ($0.16) from ($0.32) on lower share count.
Software bookings $0.6M, all new logos; four new customers in hospitality/healthcare set to launch next quarter.
Jeremy Krol, former COO, appointed interim CEO in July 2025; board to evaluate capital deployment for organic/inorganic growth.
Debuted AI Concierge and Guest Services Agent at HITEC; released Map Editor 3.0 with platform upgrades.

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