Phunware (PHUN) Operating Expenses (2016 - 2026)

Phunware (PHUN) posted Operating Expenses of $408000.0 for Q1 2026, down 98.0% on a QoQ basis from $20.4 million in Q4 2025, and down 92.11% year-over-year from $5.2 million in Q1 2025.

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

Phunware's Operating Expenses history runs 10 years deep, the most recent figure standing at $408000.0 for Q1 2026.

  • Quarterly Operating Expenses fell 92.11% year-over-year to $408000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.2 million (up 47.38% YoY) and the FY2025 annual result came in at $21.8 million, up 42.15% from the prior year.
  • Operating Expenses was $408000.0 for Q1 2026 at Phunware, down from $20.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $20.4 million in Q4 2025 and bottomed at $279000.0 in Q1 2024.
  • A 5-year average of $6.9 million and a median of $5.2 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses plunged 95.88% — and 2025, when it surged 1754.12%.
  • Phunware's Operating Expenses stood at $3.0 million in 2022, then soared by 565.02% to $20.1 million in 2023, then sank by 74.95% to $5.0 million in 2024, then jumped by 304.73% to $20.4 million in 2025, then plunged by 98.0% to $408000.0 in 2026.
  • Business Quant data shows PHUN's Operating Expenses at $408000.0 in Q1 2026, $20.4 million in Q4 2025, and $3.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Phunware 17.51 Mn 17.51 Mn 384,000.00 408,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 408,000.00
Dec 31, 2025 20.35 Mn
Sep 30, 2025 3.79 Mn
Jun 30, 2025 680,000.00
Mar 31, 2025 5.17 Mn
Dec 31, 2024 5.03 Mn
Sep 30, 2024 3.51 Mn
Jun 30, 2024 3.40 Mn
Mar 31, 2024 279,000.00
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