---
schema_version: "secwatch.filing_event.v1"
accession: "0001040161-25-000049"
form_type: "8-K"
ticker: "PXLW"
cik: "0001040161"
company_name: "PIXELWORKS, INC"
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T20:50:59.186880+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pixelworks Q3 revenue $8.8M, net loss $4.4M; announces sale of Shanghai subsidiary

## Summary
- Q3 revenue $8.8M (up 6% sequentially, down from $9.5M YoY); GAAP gross margin 49.8% (up 400bps sequentially).
- GAAP net loss $4.4M ($0.81 per share) vs loss $8.1M ($1.66) in Q3 2024; non-GAAP net loss $3.8M ($0.69).
- Sold $3M of non-strategic patents; completed registered direct offering for ~$6.5M net proceeds post-quarter.
- Signed definitive purchase agreement to sell Pixelworks Shanghai subsidiary; subject to shareholder approval, Board recommends FOR.

## SEC filing metadata
- accession: 0001040161-25-000049
- form_type: 8-K
- ticker: PXLW
- cik: 0001040161
- company_name: PIXELWORKS, INC
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1040161/000104016125000049/0001040161-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040161/000104016125000049/pxlw-20251111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001040161-25-000049
- JSON: https://secwatch.observer/filing/0001040161-25-000049.json
- Plain text: https://secwatch.observer/filing/0001040161-25-000049.txt

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