📊 PHUN Key Takeaways
Is Phunware, Inc. (PHUN) a Good Investment?
Phunware exhibits severe operational dysfunction with revenue declining 19.9% YoY while incurring operating losses of $20.5M on just $2.6M revenue. The company burns $12.5M in operating cash flow quarterly with fundamentally misaligned cost structure, providing approximately 2 years of cash runway before reserve depletion if trends persist.
Why Buy Phunware, Inc. Stock? PHUN Key Strengths
- Substantial cash reserves of $100.6M provide operational runway and financial cushion against immediate liquidity risk
- Minimal debt burden with only $5.2M long-term debt and 0.05x debt/equity ratio eliminates solvency concerns
- Gross margin of 50.6% indicates core product economics are viable if company achieves cost discipline and revenue stability
PHUN Stock Risks: Phunware, Inc. Investment Risks
- Revenue declining 19.9% YoY signals loss of market traction, customer base erosion, or fundamental business model rejection
- Operating expenses approximately 8x revenue with -803.7% operating margin indicates cost structure is completely untethered from revenue base
- Negative operating cash flow of $12.5M unsustainable; company burns cash operationally despite having no capex, suggesting fixed cost burden is unmanageable
Key Metrics to Watch
- Revenue trajectory - must stabilize and inflect positive; continued decline is existential threat
- Operating cash flow - must achieve positive inflection to reduce cash burn and extend runway
- Operating expenses as percentage of revenue - requires dramatic reduction to achieve path to profitability
Phunware, Inc. (PHUN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 5.03x current ratio provides a solid financial cushion.
PHUN Profit Margin, ROE & Profitability Analysis
PHUN vs Technology Sector: How Phunware, Inc. Compares
How Phunware, Inc. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Phunware, Inc. Stock Overvalued? PHUN Valuation Analysis 2026
Based on fundamental analysis, Phunware, Inc. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Phunware, Inc. Balance Sheet: PHUN Debt, Cash & Liquidity
PHUN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Phunware, Inc.'s revenue has declined by 70% over the 5-year period, indicating business contraction. The most recent EPS of $-0.94 indicates the company is currently unprofitable.
PHUN Revenue Growth, EPS Growth & YoY Performance
PHUN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $622.0K | -$2.4M | $-0.12 |
| Q2 2025 | $455.0K | -$2.6M | $-0.16 |
| Q1 2025 | $688.0K | -$2.3M | $-0.18 |
| Q3 2024 | $665.0K | -$2.8M | N/A |
| Q2 2024 | $1.0M | -$2.6M | N/A |
| Q1 2024 | $921.0K | -$2.3M | N/A |
| Q3 2023 | $2.8M | -$8.0M | $-0.08 |
| Q2 2023 | $3.5M | -$6.5M | $-0.06 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Phunware, Inc. Dividends, Buybacks & Capital Allocation
PHUN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Phunware, Inc. (CIK: 0001665300)
📋 Recent SEC Filings
❓ Frequently Asked Questions about PHUN
What is the AI rating for PHUN?
Phunware, Inc. (PHUN) has an AI rating of STRONG SELL with 90% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PHUN's key strengths?
Claude: Substantial cash reserves of $100.6M provide operational runway and financial cushion against immediate liquidity risk. Minimal debt burden with only $5.2M long-term debt and 0.05x debt/equity ratio eliminates solvency concerns.
What are the risks of investing in PHUN?
Claude: Revenue declining 19.9% YoY signals loss of market traction, customer base erosion, or fundamental business model rejection. Operating expenses approximately 8x revenue with -803.7% operating margin indicates cost structure is completely untethered from revenue base.
What is PHUN's revenue and growth?
Phunware, Inc. reported revenue of $2.6M.
Does PHUN pay dividends?
Phunware, Inc. does not currently pay dividends.
Where can I find PHUN SEC filings?
Official SEC filings for Phunware, Inc. (CIK: 0001665300) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PHUN's EPS?
Phunware, Inc. has a diluted EPS of $-0.57.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is PHUN a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Phunware, Inc. has a STRONG SELL rating with 90% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is PHUN stock overvalued or undervalued?
Valuation metrics for PHUN: ROE of -11.8% (sector avg: 22%), net margin of -446.6% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy PHUN stock in 2026?
Our dual AI analysis gives Phunware, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PHUN's free cash flow?
Phunware, Inc.'s operating cash flow is $-12.5M, with capital expenditures of $0.0. FCF margin is -488.3%.
How does PHUN compare to other Technology stocks?
Vs Technology sector averages: Net margin -446.6% (avg: 18%), ROE -11.8% (avg: 22%), current ratio 5.03 (avg: 2.5).