Pixelworks Q1 FY26 discontinued-ops income turns to USD 85.15 million; revenue rises to USD 446,000

Pixelworks, Inc.

Pixelworks, Inc.

PXLW

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  • Pixelworks posted revenue of USD 446,000 for quarter ended March 31, 2026, compared with no revenue a year earlier.
  • Gross profit was USD 253,000, with cost of revenue at USD 193,000.
  • Net income from discontinued operations swung to USD 85.15 million, driven primarily by an USD 85.1 million gain on the sale of its Shanghai semiconductor unit.
  • Restructuring charges totaled USD 2 million following an approximately 43% workforce reduction tied to the divestiture.
  • Cash and cash equivalents climbed to USD 57.8 million at March 31, 2026, up from USD 11.2 million at Dec. 31, 2025, mainly on USD 51.2 million of sale proceeds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pixelworks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001040161-26-000032), on May 14, 2026, and is solely responsible for the information contained therein.

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