Quick Answer
Phunware, Inc. reported R&D Expense of $3.16 million for fiscal year 2025.
Phunware, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $3.16M | +39.6% |
| 2024 | $2.27M | -49.1% |
| 2023 | $4.45M | -27.6% |
| 2022 | $6.15M | +47.1% |
| 2021 | $4.18M | +59.0% |
| 2020 | $2.63M | -39.3% |
| 2019 | $4.33M | -37.8% |
| 2018 | $6.96M | -37.3% |
| 2017 | $11.11M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $679.0K | +10.9% | -30.0% |
| June 30, 2025 | $970.0K | +95.6% | +19.3% |
| March 31, 2025 | $813.0K | +68.0% | +32.8% |
| September 30, 2024 | $612.0K | -41.3% | +23.4% |
| June 30, 2024 | $496.0K | -59.1% | +2.5% |
| March 31, 2024 | $484.0K | -72.6% | -53.6% |
| September 30, 2023 | $1.04M | -37.4% | -14.0% |
| June 30, 2023 | $1.21M | -35.4% | -31.5% |
- Phunware, Inc. showed an increase of +39.6% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2025 period, Phunware, Inc.’s r&d expense has declined by 71.5% (from $11.11 million to $3.16 million).
- The most recent figure is from Phunware, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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