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.