---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-116810"
form_type: "8-K"
ticker: "PHUN"
cik: "0001665300"
company_name: "Phunware, Inc."
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:29:52.282034+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Phunware Q4 rev $0.8M (+33% YoY); FY rev down to $2.6M; launches hospitality AI products with $100.6M cash

## Summary
- Q4 net revenue $0.8M, up 33% YoY from $0.6M; gross margin improved to 57.7% from 23.3%.
- Full year 2025 revenue $2.6M, down 19% from $3.2M in 2024; net loss $11.4M ($0.57 per share) vs $10.3M ($0.94).
- Cash and cash equivalents $100.6M as of Dec 31, 2025; net cash used in operations improved to $12.5M from $13.3M.
- Launched two hospitality product tiers (Luxury Engagement, Enriched Experience) and AI Concierge commercially available after pilot.
- Board changes: Ed Lu elected, Elliot Han appointed Chair, Interim CEO Jeremy Krol added to Board.

## SEC filing metadata
- accession: 0001193125-26-116810
- form_type: 8-K
- ticker: PHUN
- cik: 0001665300
- company_name: Phunware, Inc.
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1665300/000119312526116810/0001193125-26-116810-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665300/000119312526116810/phun-20260320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-116810
- JSON: https://secwatch.observer/filing/0001193125-26-116810.json
- Plain text: https://secwatch.observer/filing/0001193125-26-116810.txt

## Key facts
- Earnings Releases
  Phunware, Inc. reported the fourth quarter and year ended December 31, 2025 results: revenue $0.8 million, net income $2.1 million, EPS ($0.11).
  - Period: the fourth quarter and year ended December 31, 2025
  - Revenue: $0.8 million
  - Net income: $2.1 million
  - EPS: ($0.11)
  - Result: reported results
  source text: monetize their global audiences, today reported financial results for the fourth quarter and year ended December 31, 2025. Financial Highlights • Net revenue increased 33% to $0.8 million in Q4 2025, as compared to $0.6 million in Q4 2024. • Gross margin improved to 57.7% in Q4 2025, as compared to 23.3% in Q4 2024, a 3,443 basis point improvement. • Net loss
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665300/000119312526116810/0001193125-26-116810-index.htm

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