Phunware (PHUN)
Builds mobile apps, location-aware services, and AI guest tools for complex properties.
Phunware revenue jumps as company invests in AI-led growth strategy
Mobile-first enterprise software company Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said on Thursday it is accelerating its transformation into an AI-enabled guest intelligence platform, as new leadership and a strong cash position support investments aimed at expanding its hospitality business and entering adjacent markets. The company, which provides location-aware mobile engagement technology for hospitality, healthcare and other physical venues, said it is focused on executing its "2.0 Strategy" following the appointment of Dmitry Kroshka as CEO in May.
Phunware Reports Second Quarter 2026 Financial Results
Revenue Increased 76% Year-Over-Year, Gross Margin Expanded to 69% Maintained $92 Million Cash Position with No Debt to Support Continued Product Innovation and Growth Appointed Chief Executive Officer and Senior Vice President of Sales and AI and Digital Transformation Veterans to Lead Company's Next Phase of Growth AUSTIN, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today reported financial results for the second quarter ended June 30, 2026. Financial Highlights Net revenue increased 76% to $0.8 million in the second quarter of 2026, compared to $0.5 million in the second quarter of 2025 as a result of a customer-initiated early contract termination.
Phunware expands leadership team as Wailea Beach Resort adopts AI Concierge
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) appointed Nick Farrell as senior vice president of sales and added Aaron Holloway and Michael Crooks as advisors, the mobile enterprise guest intelligence platform company said, building on momentum from its showing at HITEC North America 2026 in San Antonio. The appointments follow strong engagement at the hospitality technology conference, where Phunware demonstrated its Guest Intelligence Platform, including its AI Concierge and AI Itinerary Builder.
Phunware Announces Key Appointments Following Successful HITEC Industry Conference; Expansion of AI Concierge Footprint
Company Adds Senior Hospitality Sales Leader and Fortune 500 AI and Digital Transformation Veterans to Accelerate Commercial Growth Appointments Build on HITEC 2026 Momentum and Support Continued Expansion of the Company's Guest Intelligence Platform AUSTIN, Texas, July 30, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today announced a series of key appointments following its successful showing at The Hospitality Industry Technology Exposition and Conference ("HITEC") North America 2026 in San Antonio, Texas. The Company has appointed Nick Farrell as Senior Vice President of Sales and has added technology industry veterans Aaron Holloway and Michael Crooks as advisors.
Phunware Issues Statement in Response to Goldenwise Capital Group Letter
Board and Management Reaffirm Confidence in the Company's 2.0 Strategy, Supported by Strong Balance Sheet and Experienced Leadership Company Addresses Goldenwise Statements Regarding Capital, Governance, Board Leadership, and Goldenwise's Interests AUSTIN, Texas, July 16, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today issued the following statement in response to the amended Schedule 13D and attached open letter recently filed by Goldenwise Capital Group and its principal, Huakun (Richard) Ding (the "Goldenwise Materials"). Phunware's Board of Directors (the "Board") and management team value the perspectives of all shareholders and share the common objective of building long-term value.
Phunware Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)
AUSTIN, Texas, June 26, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today announced that it made an inducement grant to Dmitry Kroshka in connection with his employment as Phunware's new Chief Executive Officer, effective May 13, 2026. Such grant was made under the Phunware, Inc. 2026 Inducement Plan, which was approved and adopted on June 18, 2026 by Phunware's Board of Directors.
Phunware to showcase AI guest platform at HITEC as it names new sales director
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said on Thursday it will exhibit at the Hospitality Industry Technology Exposition and Conference in San Antonio next week, as the mobile enterprise software company named a hospitality technology veteran to lead its sales efforts and previewed new features for its Guest Intelligence Platform. The Nasdaq-listed company appointed Brent McMahan, formerly of FLYR Hospitality, as senior director of sales.
Phunware to Showcase AI-Enabled Guest Intelligence Platform Enhancements at HITEC North America 2026
Company Appoints Industry Veteran and Former FLYR Hospitality Executive Brent McMahan as Senior Director of Sales Management and New Senior Director of Sales to Preview Innovative Location-Aware Intelligence Capabilities Designed to Increase Guest Engagement and Ancillary Revenue AUSTIN, Texas, June 11, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. ("Phunware" or the "Company") (NASDAQ: PHUN), a mobile-first enterprise guest intelligence platform company delivering location-aware guest intelligence and AI-enabled guest engagement tools, today announced it will exhibit at The Hospitality Industry Technology Exposition and Conference (“HITEC”) North America 2026 in San Antonio, Texas on June 15 – 18, 2026. HITEC is the world's largest, longest-running hospitality technology conference.
New Phunware CEO unveils hospitality tech 2.0 – ICYMI
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) earlier this week introduced its new “2.0” strategic vision as newly appointed CEO Dimitry Kroshka outlined plans to expand the company's AI-driven hospitality platform and deepen engagement with luxury resort operators. Speaking with Proactive, Kroshka said he had spent the past seven to eight months advising the company before formally stepping into the CEO role.
Phunware names new CEO, taps Disney+ veteran for AI platform push
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said Thursday it has appointed Dmitry Kroshka as CEO and brought in a product consultancy led by a former Disney+ executive to accelerate a strategic update of its mobile guest intelligence platform. Kroshka, who has served as a senior advisor to the company since October 2025, will lead what Phunware is calling its "2.0 Strategy," focused on converting the company's mobile, location-aware, and customer engagement capabilities into a unified, AI-enabled platform for large-property operators in hospitality, healthcare, and adjacent markets.
Phunware Appoints Dmitry Kroshka as Chief Executive Officer to Lead 2.0 Strategy; Engages Michael Cerdá to Drive Product Rollout
Leadership Changes Align Strategy, Product Execution, and Commercial Rollout of Phunware's Next-Generation Guest Intelligence Platform Company to Accelerate Product 2.0 Strategy Across Hospitality, Healthcare, and Large-Property Environments AI Concierge Momentum, 95%+ Customer Retention, and Strong Cash Position Provide Foundation for Next Phase of Growth AUSTIN, Texas, May 14, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a mobile-first enterprise cloud platform delivering location-aware customer intelligence and AI-enabled audience engagement tools, today announced a leadership transition and product strategy update designed to accelerate the Company's 2.0 Strategy and expand its footprint across hospitality, healthcare, and other large-property verticals. Effective immediately, Dmitry Kroshka has been appointed Chief Executive Officer.
Phunware (PHUN) Reports Q1 Loss, Lags Revenue Estimates
Phunware (PHUN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to a loss of $0.12 per share a year ago.
Phunware advances AI Concierge to commercial release, eyes hospitality growth
Phunware Inc (NASDAQ:PHUN, FRA:2RJA), the enterprise mobile cloud platform, is positioning itself for a new phase of commercial growth after launching its AI Concierge product and restructuring its hospitality portfolio into two purpose-built tiers, the company said Thursday. The moves come as Phunware reported first-quarter results for the period ended March 31, 2026, with gross margin climbing to 70.8% from 52.2% in the year-ago period and net loss narrowing to $3.2 million from $3.7 million.
Phunware Reports First Quarter 2026 Financial Results
Management Expected to Host Investor Webinar in Conjunction with Upcoming Product Announcements & Display at HITEC North America 2026, World's Largest Hospitality Technology Conference AUSTIN, Texas, May 07, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), the enterprise cloud platform for mobile-first software products, solutions, data, and services to enable customers to engage, manage, and monetize their global audiences, today reported financial results for the first quarter ended March 31, 2026. Financial Highlights Net revenue decreased 21% to $0.5 million in Q1 2026, as compared to $0.7 million in Q1 2025.
Phunware advances AI Concierge to commercial release, eyes hospitality growth
Phunware Inc (NASDAQ:PHUN, FRA:2RJA), the enterprise mobile cloud platform, is positioning itself for a new phase of commercial growth after launching its...
Phunware CEO discusses fourth quarter results, 2026 outlook - ICYMI
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) earlier this week outlined its fourth quarter and full-year financial results, with CEO Jeremy Krol emphasising a transition year focused on stabilisation and positioning the company for future growth. Krol said the past year was defined by efforts to streamline operations, sharpen strategic focus, and eliminate distractions.
Phunware CEO discusses fourth quarter results, 2026 outlook - ICYMI
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) earlier this week outlined its fourth quarter and full-year financial results, with CEO Jeremy Krol emphasising a...
Phunware (PHUN) Reports Q4 Loss, Tops Revenue Estimates
Phunware (PHUN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to a loss of $0.06 per share a year ago.
Phunware Q4 revenue jumps as it leans into AI, hospitality
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) reported improved fourth-quarter revenue and sharply higher margins, as the mobile software platform company pivots toward artificial intelligence-driven solutions for the hospitality sector. Net revenue rose 33% to $0.8 million in the fourth quarter ended December 31, 2025, while gross margin expanded to 57.7% from 23.3% a year earlier, reflecting a shift toward higher-margin software offerings.
Phunware Reports Fourth Quarter and Full Year 2025 Financial Results
Evolution to Focus on Hospitality and Related Markets, Steady Product Revenue, Customer Growth and Expanding Leadership Team Exits FY25 with Strong Cash Position to Accelerate AI Platform and Products and New Corporate Initiatives AUSTIN, Texas, March 20, 2026 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), the enterprise cloud platform for mobile-first software products, solutions, data, and services to enable customers to engage, manage, and monetize their global audiences, today reported financial results for the fourth quarter and year ended December 31, 2025. Financial Highlights Net revenue increased 33% to $0.8 million in Q4 2025, as compared to $0.6 million in Q4 2024.