Phunware (PHUN) Gross Margin (2019 - 2026)
Phunware (PHUN) reported Gross Margin of 70.85% for Q1 2026, up 1867.0% on a YoY basis from 3.6% in Q1 2025, and up 22.7% quarter-over-quarter from 57.74% in Q4 2025.
Phunware (PHUN) Gross Margin (2019 - 2026) Analysis & Trends
Phunware has reported Gross Margin for 8 years, with the latest figure at 70.85% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 1867.0% year-over-year to 70.85%; the trailing twelve-month figure through Mar 2026 stood at 54.67% (up 1107.0% YoY), and the FY2025 full-year result was 50.57%, up 497.0% from the prior year.
- Gross Margin for Q1 2026 stood at 70.85%, up from 57.74% in the prior quarter.
- The five-year high for Gross Margin was 70.85% in Q1 2026, with the low at 5.43% in Q1 2023.
- Historically, Gross Margin has averaged 39.08% across 5 years, with a median of 46.14% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 3579 bps — and 2024, when it jumped 5146 bps.
- Phunware's Gross Margin stood at 5.5% in 2022, then soared by 761 bps to 47.34% in 2023, then sank by 51 bps to 23.31% in 2024, then surged by 148 bps to 57.74% in 2025, then rose by 23 bps to 70.85% in 2026.
- The last three Gross Margin figures came in at 70.85% (Q1 2026), 57.74% (Q4 2025), and 46.14% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Phunware | 39.37 Mn | 39.37 Mn | 384,000.00 | 70.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.85% |
| Dec 31, 2025 | 57.74% |
| Sep 30, 2025 | 46.14% |
| Jun 30, 2025 | 41.76% |
| Mar 31, 2025 | 52.18% |
| Dec 31, 2024 | 23.31% |
| Sep 30, 2024 | 48.42% |
| Jun 30, 2024 | 46.49% |
| Mar 31, 2024 | 56.89% |
| Dec 31, 2023 | 47.34% |
| Sep 30, 2023 | 50.40% |
| Jun 30, 2023 | 41.31% |
| Mar 31, 2023 | 5.43% |
| Dec 31, 2022 | 5.50% |
| Sep 30, 2022 | 16.71% |
| Jun 30, 2022 | 27.71% |
| Mar 31, 2022 | 26.13% |
| Dec 31, 2021 | 22.46% |
| Sep 30, 2021 | 52.50% |
| Jun 30, 2021 | 21.73% |