Phunware Reports Q2 Revenue Drop
Phunware (NASDAQ:PHUN), a developer of mobile software and cloud-based application platforms, reported its Q2 2025 earnings on August 8, 2025. The quarter was marked by significant revenue decline and a wide miss versus analyst estimates, with GAAP revenue of $0.4 million, missing the analyst estimate of $0.73 million by 44.9%. Revenue (GAAP) dropped to $0.455 million compared to expectations of $0.7265 million, while the net loss (GAAP) reached $3.14 million. Despite the poor top-line performance, Phunware recorded an improved gross margin of 43.9% and continued to invest in new technologies, particularly artificial intelligence features. The overall quarter revealed ongoing challenges, with new product initiatives yet to make a financial impact.
Source: Analyst estimates provided by FactSet.
Phunware creates cloud-based software platforms for mobile applications, focusing on industries such as hospitality and healthcare. Its framework allows customers to build, manage, and monetize branded mobile experiences tailored to specific needs. A core differentiator is its long-standing expertise in vertical mobile apps, and its approach centers on providing a seamless consumer journey and actionable data insights.
Source Fool.com
