Pixelworks Reports Third Quarter 2026 Financial Results
PR Newswire•11/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $378,000, up from $241,000 year over year
- ➤Q3 net loss $2.775 million, versus $2.563 million loss
- ➤Meta multi-year TrueCut Motion certification agreement covers VR devices
- ➤Cash, equivalents and short-term securities totaled approximately $50 million
- ➤Pixelworks repurchased $1.2 million of shares below book value
Expert Statements
Todd DeBonis, Chairman and CEO of Pixelworks
“During the third quarter, we continued to execute on our strategy of building and scaling a pure-play technology licensing business centered on TrueCut Motion and our visualization solutions.”
Todd DeBonis, Chairman and CEO of Pixelworks
“This included steady progress toward our near-term objectives of growing the TrueCut Motion ecosystem of premium large-format exhibitors and expanding the availability of cinematic TrueCut Motion-graded content.”
Todd DeBonis, Chairman and CEO of Pixelworks
“Most recently, we achieved a major milestone with Meta becoming our first major device manufacturer customer for TrueCut Motion device certification.”
Todd DeBonis, Chairman and CEO of Pixelworks
“This multi-year agreement, which is ahead of the original timeline for our device licensing program, will bring unmatched cinematic clarity and highly immersive content to Meta's VR devices.”
Todd DeBonis, Chairman and CEO of Pixelworks
“We also believe this partnership will meaningfully accelerate the pipeline of new TrueCut Motion-graded titles.”
Todd DeBonis, Chairman and CEO of Pixelworks
“Importantly, we remain well capitalized to execute on our strategy and continue driving growing momentum for our differentiated TrueCut Motion content across both theatrical and device experiences.”
Pixelworks Reports Third Quarter 2026 Financial Results PR Newswire
PORTLAND, Ore., Nov. 11, 2026 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW) ("Pixelworks" or the "Company"), a provider of innovative cinematic and enhanced visualization solutions, today announced financial results for the third quarter ended September 30, 2026.
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