Phunware Q2 revenue rises 76% to $0.8 million; net loss widens to $5.2 million
Phunware reported second-quarter 2026 results on August 6, 2026. Net revenue rose 76% to $0.8 million, which the company said reflected a customer-initiated early contract termination, while the net loss widened to $5.2 million, or $0.26 per share, from $3.1 million, or $0.16 per share, a year earlier. Shareholders should note that the revenue gain came from a contract ending early and that losses and cash use continued to grow, although the company reported $92.1 million in cash and no debt.
Key points
- Q2 net revenue was $0.8 million, up from $0.5 million, which the company attributed to a customer-initiated early contract termination.
- Q2 net loss was $5.2 million, or $0.26 per share, compared with $3.1 million, or $0.16 per share, in Q2 2025.
- Adjusted EBITDA loss was $5.5 million in Q2 2026, compared with $4.1 million in Q2 2025; net cash used in operations was $8.5 million for the six months ended June 30, 2026.
- Cash and cash equivalents totaled $92.1 million as of June 30, 2026, with no debt.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.