Pixelworks (PXLW)
NASDAQ:PXLW
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.2Last Year’s EPS
-1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strategic transition to a capitalized, asset-light technology licensing company with strong near-term liquidity, validated product use cases (notably the high-profile theatrical project) and a clear plan to materially lower operating expenses starting in Q2. However, near-term revenue remains small in absolute terms, operating expenses in Q1 significantly exceeded revenue, and the business is still dependent on studios and exhibitors to build a licensing pipeline. Overall the company appears better positioned financially and operationally after the sale and restructuring, but meaningful cash-generating licensing outcomes are still in early stages.Company Guidance
Strong balance sheet and liquidity
Ended Q1 2026 with approximately $58.0 million in cash and cash equivalents, $0 debt, and net cash proceeds of ~ $51 million from the January sale of the Shanghai semiconductor subsidiary. All prior liabilities and the redeemable noncontrolling interest from the Shanghai subsidiary were fully released.
Completed restructuring and reduced operating run-rate
Completed targeted restructuring and streamlining actions during Q1; recognized approximately $2.0 million of one-time severance and related costs in Q1. Management is targeting a cash operating expense run-rate of about $2.0 million starting in Q2 (versus an adjusted Q1 operating cash base of ~ $2.9 million), implying an approximate 31% reduction in the adjusted run-rate.
Revenue acceleration and healthy gross margin
Q1 2026 revenue of approximately $450,000, entirely from the TrueCut Motion platform and related motion grading services. Q1 gross profit was $253,000, representing a gross margin of 56.7%. Q1 2026 TrueCut revenue of $450k is roughly 65% of full-year 2025 TrueCut revenue ($690k), indicating acceleration into 2026.
High-profile validation of TrueCut Motion and expanding partner ecosystem
TrueCut Motion was used on a high-profile theatrical release (Billie Eilish: Hit Me Hard and Soft - The Tour Live in 3D) which generated an estimated $20 million worldwide opening weekend and received strong critical recognition. Announced ecosystem partnerships and endorsements include Marcus Theatres, Odeon Cinemas Group, CINITY and Vue; management highlighted positive industry trends at CinemaCon where YTD box office was tracking approximately 20% higher versus the same period in 2025 and studios signaled increased premium-content commitment (e.g., Paramount 30 films/year; Amazon MGM ~15 targeted releases and support for a 45-day theatrical window).
Capital allocation optionality and shareholder actions
Board authorized a $5.0 million stock repurchase program (2-year window beginning May 15, 2026) and the company canceled its previously available ATM facility. Management noted ample cash runway to consider M&A, joint development agreements or investments aligned with strategy.
Expected non-operating income boosting near-term liquidity
Based on the current cash balance and interest rate environment, management expects quarterly interest income of approximately $400,000 to $500,000 beginning in the near term, providing additional cash flow support versus operating revenues.
PXLW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PXLW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $6.38 | $6.83 | +7.05% |
Mar 12, 2026 | $5.93 | $5.71 | -3.71% |
Nov 11, 2025 | $6.37 | $6.53 | +2.51% |
Aug 12, 2025 | $9.53 | $10.03 | +5.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pixelworks (PXLW) report earnings?
Pixelworks (PXLW) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Pixelworks (PXLW) earnings time?
Pixelworks (PXLW) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PXLW EPS forecast?
PXLW EPS forecast for the fiscal quarter 2026 (Q2) is -0.2.