Company Analysis

Pixelworks, Inc. (PXLW)

Nasdaq: PXLW · Services-Prepackaged Software · Portland, OR · filing with the SEC since 2000
Grade2.5
◀ Past 1.7● Present 2.0▶ Future 3.3
1 est.

The grade of Pixelworks, Inc.

Nine metrics read from its own filings, by tense
Headline grade
2.5/10
◀ Past1.725% of the headline
● Present2.035% of the headline
▶ Future3.340% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.7/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.7/10

Has it survived what it has been through?

5 warning events since 2017; the latest 2025-03-10.

weight 22% of this tense · 17th percentile among 230 sector filers · read for itself

From the record

Pixelworks, Inc.'s filings since 2017 show 5 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2025-03-10); an auditor change (8-K item 4.01, 3 times, the latest 2023-09-12) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
0.7/10

What has it actually done, year after year?

-44.8% a year over 9 filed years; profitable in 0 of 9.

weight 45% of this tense · 7th percentile among 213 sector filers · read for its customers

From the record

Pixelworks, Inc.'s 9 filed years say what it did: revenue went from $81 million in fiscal 2017 to $693 thousand in fiscal 2025, down 44.8% a year; it rose in 3 of 8 years; the deepest fall was 99% from fiscal 2017 to fiscal 2024; net income was positive in 0 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-44.8%bottom 1% of its family
  • the share of years revenue rosebottom 10% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak99.1%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.2/10

How has it treated the people who own it?

SI estimate 3.2/10, confidence 35 of 100 (one part).

weight 33% of this tense · 32nd percentile among 216 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 32% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 216 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Pixelworks, Inc.'s shareholder treatment is put at 3.2 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 32% of 216 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
1.1/10

Is it financially healthy right now?

Leverage 141%: owes 141¢ per asset dollar.

weight 45% of this tense · 11th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Pixelworks, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 1 cents per dollar of everything the company owns. Leverage: it owed about 141 cents per dollar of assets, and net share issuance: its share count grew 13.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 3% of its family
  • gross profit against assetsbottom 3% of its family
  • the share count against the year beforebottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
0.2/10

How strong is its position in its industry?

bottom 2% of 218 in its family; net margin -3246.6%.

weight 33% of this tense · 2nd percentile among 218 sector filers · read for its customers

From the record

Pixelworks, Inc.'s standing among 218 graded names in its industry family: revenue of $693 thousand in fiscal 2025 ranks in the bottom 3% by size; a net margin of -3246.6% ranks in the bottom 2%; revenue growth of -78.5% a year over the last 3 filed years ranks in the bottom 1% (its annual reports).

What it rests on

  • revenue against the family$693,000bottom 3% of its family
  • net margin-3246.6%bottom 2% of its family
  • three-year revenue growth-78.5%bottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.8/10

What are the people in charge doing?

top 32% of 139 in its family for leadership; chief executive since 2016.

weight 22% of this tense · 68th percentile among 139 sector filers · read for its shareholders

From the record

Pixelworks, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Debonis, Todd (President and CEO, as filed), filing under that title since 2016-04-29, 10.5 years (top 11% of its family); the 6 officers and directors filing in the last fifteen months have been on the record a median of 7.8 years (top 17%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 6 people in charge now (bottom 33%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 6 peoplebottom 33% of its family
  • the median years the people in charge have filed7.8 yearstop 17% of its family
  • the chief executive's years on the record10.5 yearstop 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.3/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.4/10

How much room does it have to grow?

top 36% of 216 in its family for room to expand.

weight 22% of this tense · 64th percentile among 216 sector filers · read for itself

From the record

Pixelworks, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $11 million against no long-term debt tagged leaves 21.9% of its assets as net cash, top 35% of its family; cash from operations less capital spending is -3038.1% of revenue (bottom 1%); a gross margin of 85% (top 8%); research spending of 533.2% of revenue (top 1%) (its annual report).

What it rests on

  • cash less debt against assets21.9%top 35% of its family
  • cash from operations less capital spending against revenue-3038.1%bottom 1% of its family
  • gross margin85.0%top 8% of its family
  • research spending against revenue533.2%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
1.0/10

What could actually drive growth from here?

bottom 10% of 213 in its family for growth drivers.

weight 45% of this tense · 10th percentile among 213 sector filers · read for its customers

From the record

Pixelworks, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -78.5% a year over the last three filed years against -44.8% over all 9, slowing (bottom 5% of its family); the newest year grew 0.4% (bottom 18%); research spending grew -50.5% a year (bottom 3%); capital spending grew -34.5% a year (bottom 15%) (its annual reports). Pixelworks, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-33.7 points a yearbottom 5% of its family
  • the newest year's revenue growth0.4%bottom 18% of its family
  • three-year growth of research spending-50.5%bottom 3% of its family
  • three-year growth of capital spending-34.5%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.3/10

Did its newest year beat what its own record pointed to?

bottom 43% of 194 in its family for expectations against reality.

weight 33% of this tense · 43rd percentile among 194 sector filers · read for its shareholders

From the record

Pixelworks, Inc.'s newest year against its own record: revenue of $693 thousand in fiscal 2025 came in 911.1% above the $69 thousand its prior three years' pace pointed to (top 1% of its family); net income of $22 million against a prior three-year average of $24 million (bottom 30%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 1%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace911.1%top 1% of its family
  • net income against the prior three years' average+5%bottom 30% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton PXLW · research, not advice