Phunware (PHUN) Operating Expenses (2016 - 2026)

Phunware (PHUN) reported Operating Expenses of $4.4 million for Q1 2026, up 817.92% on a YoY basis from $480000.0 in Q1 2025, and down 47.55% quarter-over-quarter from $8.4 million in Q4 2025.

Phunware (PHUN) Operating Expenses (2016 - 2026) Analysis & Trends

Phunware has reported Operating Expenses for 10 years, with the latest figure at $4.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 817.92% year-over-year to $4.4 million; the trailing twelve-month figure through Mar 2026 stood at $17.3 million (up 87.49% YoY), and the FY2025 full-year result was $21.8 million, up 42.15% from the prior year.
  • Operating Expenses for Q1 2026 stood at $4.4 million, down from $8.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $20.1 million in Q4 2023, with the low at $300000.0 in Q3 2024.
  • Historically, Operating Expenses has averaged $6.2 million across 5 years, with a median of $5.0 million in 2024.
  • Annual changes were most pronounced in 2024 — Operating Expenses slumped 97.84% — and 2025, when it surged 1162.33%.
  • Phunware's Operating Expenses stood at $3.0 million in 2022, then jumped by 565.02% to $20.1 million in 2023, then tumbled by 74.95% to $5.0 million in 2024, then jumped by 67.03% to $8.4 million in 2025, then sank by 47.55% to $4.4 million in 2026.
  • The last three Operating Expenses figures came in at $4.4 million (Q1 2026), $8.4 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Phunware 39.37 Mn 39.37 Mn 384,000.00 4.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.41 Mn
Dec 31, 2025 8.40 Mn
Sep 30, 2025 3.79 Mn
Jun 30, 2025 680,000.00
Mar 31, 2025 480,000.00
Dec 31, 2024 5.03 Mn
Sep 30, 2024 300,000.00
Jun 30, 2024 3.40 Mn
Mar 31, 2024 3.40 Mn
Dec 31, 2023 20.08 Mn
Sep 30, 2023 13.91 Mn
Jun 30, 2023 6.62 Mn
Mar 31, 2023 6.77 Mn
Dec 31, 2022 3.02 Mn
Sep 30, 2022 8.67 Mn
Jun 30, 2022 9.06 Mn
Mar 31, 2022 6.79 Mn
Dec 31, 2021 6.41 Mn
Sep 30, 2021 5.17 Mn
Jun 30, 2021 4.51 Mn