Pulmonx Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	83.79	68.68	53.66	48.42	32.73	Upgrade
Revenue Growth (YoY)	22.01%	27.98%	10.84%	47.91%	0.42%	Upgrade
Cost of Revenue	21.79	17.92	13.8	12.79	11.53	Upgrade
Gross Profit	62	50.75	39.87	35.63	21.2	Upgrade
Selling, General & Admin	102.14	94.61	83.11	69.87	46.07	Upgrade
Research & Development	15.85	18.08	15.4	13.06	7.46	Upgrade
Operating Expenses	117.99	112.69	98.5	82.93	53.53	Upgrade
Operating Income	-55.99	-61.94	-58.64	-47.3	-32.33	Upgrade
Interest Expense	-3.51	-3.23	-1.07	-0.83	-3.18	Upgrade
Interest & Investment Income	5.06	5.57	1.53	0.4	0.21	Upgrade
Currency Exchange Gain (Loss)	0.1	-0.8	-0.4	-0.59	0.1	Upgrade
Other Non Operating Income (Expenses)	0.16	0.13	-	-	3.18	Upgrade
EBT Excluding Unusual Items	-54.18	-60.27	-58.57	-48.32	-32.02	Upgrade
Asset Writedown	-1.72	-	-	-	-	Upgrade
Pretax Income	-55.89	-60.27	-58.57	-48.32	-32.02	Upgrade
Income Tax Expense	0.5	0.57	0.35	0.34	0.21	Upgrade
Net Income	-56.39	-60.84	-58.92	-48.66	-32.23	Upgrade
Net Income to Common	-56.39	-60.84	-58.92	-48.66	-32.23	Upgrade
Shares Outstanding (Basic)	39	38	37	36	10	Upgrade
Shares Outstanding (Diluted)	39	38	37	36	10	Upgrade
Shares Change (YoY)	2.99%	2.37%	2.68%	254.74%	473.44%	Upgrade
EPS (Basic)	-1.44	-1.60	-1.59	-1.35	-3.16	Upgrade
EPS (Diluted)	-1.44	-1.60	-1.59	-1.35	-3.16	Upgrade
Free Cash Flow	-32.98	-38.42	-46.4	-45.06	-31.54	Upgrade
Free Cash Flow Per Share	-0.84	-1.01	-1.25	-1.25	-3.10	Upgrade
Gross Margin	74.00%	73.90%	74.29%	73.59%	64.77%	Upgrade
Operating Margin	-66.82%	-90.19%	-109.27%	-97.70%	-98.78%	Upgrade
Profit Margin	-67.31%	-88.60%	-109.80%	-100.51%	-98.47%	Upgrade
Free Cash Flow Margin	-39.37%	-55.94%	-86.47%	-93.07%	-96.37%	Upgrade
EBITDA	-54.49	-60.39	-57.12	-46.44	-31.85	Upgrade
EBITDA Margin	-65.04%	-87.93%	-106.45%	-95.91%	-97.30%	Upgrade
D&A For EBITDA	1.49	1.55	1.51	0.87	0.48	Upgrade
EBIT	-55.99	-61.94	-58.64	-47.3	-32.33	Upgrade
EBIT Margin	-66.82%	-90.19%	-109.27%	-97.70%	-98.78%	Upgrade
Advertising Expenses	7.9	4.8	6.1	5.1	1.5	Upgrade

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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