---
schema_version: "secwatch.filing_event.v1"
accession: "0001040161-24-000017"
form_type: "8-K"
ticker: "PXLW"
cik: "0001040161"
company_name: "PIXELWORKS, INC"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:10:56.015263+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pixelworks Q1 revenue up 61% YoY to $16.1M; mobile revenue record 61% of total

## Summary
- Total revenue $16.1M, up 61% YoY; mobile revenue $9.8M (61% of total), up ~200% YoY.
- GAAP gross margin 50.5% vs 43.8% YoY; GAAP net loss $5.1M ($0.09 loss per share).
- Non-GAAP net loss $4.0M ($0.07 loss per share); adjusted EBITDA negative $3.2M.
- Cash $46.2M at quarter end vs $47.5M prior quarter; minimal cash used from ops.
- New mobile wins: Transsion Infinix GT 20 Pro and vivo iQOO Z9 Turbo with X5 Turbo processor.

## SEC filing metadata
- accession: 0001040161-24-000017
- form_type: 8-K
- ticker: PXLW
- cik: 0001040161
- company_name: PIXELWORKS, INC
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040161/000104016124000017/0001040161-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040161/000104016124000017/pxlw-20240514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040161-24-000017
- JSON: https://secwatch.observer/filing/0001040161-24-000017.json
- Plain text: https://secwatch.observer/filing/0001040161-24-000017.txt

## Key facts
- Earnings Releases
  PIXELWORKS, INC reported the first quarter ended March 31, 2024 results: revenue $16.1 million, net income ($5.1 million), or ($0.09) per share, EPS ($0.09) per share.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $16.1 million
  - Net income: ($5.1 million), or ($0.09) per share
  - EPS: ($0.09) per share
  - Result: reported results
  source text: key milestones across our mobile and TrueCut Motion businesses throughout the balance of the year.” First Quarter 2024 Financial Results Revenue in the first quarter of 2024 was $16.1 million, compared to $20.1 million in the fourth quarter of 2023 and $10.0 million in the first quarter of 2023. The year-over-year increase in first quarter revenue was driven by strong
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040161/000104016124000017/0001040161-24-000017-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.