PR Newswire·Nov 11, 2026, 4:05 PM ET

Pixelworks Reports Third Quarter 2026 Financial Results

PXLW

Pixelworks, Inc. reported financial results for the third quarter ended September 30, 2026.
The company announced a multi-year device certification agreement with Meta to integrate TrueCut Motion technology into Meta's VR devices, including upcoming VR Glasses.
Pixelworks collaborated with Universal Pictures on the theatrical release of the DreamWorks Animation film "Forgotten Island" in late September.
The company repurchased $1.2 million of common stock for less than book value under its existing stock repurchase program.
Cash, cash equivalents, and short-term marketable securities totaled approximately $50 million at the end of the third quarter.
Net revenue for the three months ended September 30, 2026, was $378,000, compared to $241,000 in the same period of 2025.
Net loss from continuing operations for the three months ended September 30, 2026, was $2,775,000.
Net revenue for the nine months ended September 30, 2026, was $888,000, compared to $400,000 in the same period of 2025.
Net income for the nine months ended September 30, 2026, was $75,013,000, primarily driven by gains from discontinued operations following the sale of Pixelworks Semiconductor Technology (Shanghai) Co., Ltd.
Operating expenses for the three months ended September 30, 2026, were $3,783,000, while total operating expenses for the nine-month period were $12,348,000.
The company held a conference call on November 11, 2026, at 2:00 p.m. Pacific Time to discuss the third quarter results.
TrueCut Motion is a video platform enabling shot-by-shot motion grading to manage judder, motion blur, and frame rates for a consistent cinematic look.

Company: Pixelworks, Inc.
Keywords: Pixelworks, Inc.