Phunware Reports Q4 Revenue Growth, Shifts Focus to AI-Powered Hospitality Solutions

Phunware reported Q4 revenue of $0.8mln, up 33% YoY, with gross margin expanding to 57.7% from 23.3% in the prior year. The company is pivoting towards AI-driven solutions for the hospitality sector, launching new product tiers and investing in AI technology. Phunware expects demand for AI-powered personalization tools in hospitality to accelerate in the coming years, and is expanding its sales and marketing efforts to drive adoption. The firm ended 2025 with $100.6mln in cash and cash equivalents.