Pulmonx Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	88.78	90.5	83.79	68.68	53.66	48.42
Revenue Growth	-3.15%	8.01%	22.01%	27.98%	10.84%	47.91%
Cost of Revenue	20.05	23.36	21.79	17.92	13.8	12.79
Gross Profit	68.73	67.14	62	50.75	39.87	35.63
Selling, General & Admin	88.75	101.31	102.14	94.61	83.11	69.87
Research & Development	19.38	19.49	15.85	18.08	15.4	13.06
Operating Expenses	108.13	120.8	117.99	112.69	98.5	82.93
Operating Income	-39.41	-53.66	-55.99	-61.94	-58.64	-47.3
Interest Expense	-4.2	-3.16	-3.51	-3.23	-1.07	-0.83
Interest & Investment Income	1.48	2.65	5.06	5.57	1.53	0.4
Currency Exchange Gain (Loss)	0.7	0.7	0.1	-0.8	-0.4	-0.59
Other Non Operating Income (Expenses)	-0.51	0.09	0.16	0.13	-	-
EBT Excluding Unusual Items	-41.93	-53.38	-54.18	-60.27	-58.57	-48.32
Asset Writedown	-	-	-1.72	-	-	-
Pretax Income	-41.93	-53.38	-55.89	-60.27	-58.57	-48.32
Income Tax Expense	0.62	0.63	0.5	0.57	0.35	0.34
Net Income	-42.55	-54	-56.39	-60.84	-58.92	-48.66
Net Income to Common	-42.55	-54	-56.39	-60.84	-58.92	-48.66
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	42	41	39	38	37	36
Shares Outstanding (Diluted)	42	41	39	38	37	36
Shares Change	5.00%	4.03%	2.99%	2.37%	2.68%	254.74%
EPS (Basic)	-1.01	-1.33	-1.44	-1.60	-1.59	-1.35
EPS (Diluted)	-1.01	-1.33	-1.44	-1.60	-1.59	-1.35
EPS Growth	-	-	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-	-32.83	-32.98	-38.42	-46.4	-45.06
Free Cash Flow Per Share	-	-0.81	-0.84	-1.01	-1.25	-1.25
Gross Margin	77.42%	74.19%	74.00%	73.90%	74.29%	73.59%
Operating Margin	-44.39%	-59.30%	-66.82%	-90.19%	-109.27%	-97.70%
Profit Margin	-47.93%	-59.67%	-67.31%	-88.60%	-109.80%	-100.51%
Free Cash Flow Margin	-	-36.27%	-39.37%	-55.94%	-86.47%	-93.07%
EBITDA	-38.41	-52.61	-54.49	-60.39	-57.12	-46.44
EBITDA Margin	-43.27%	-58.13%	-65.04%	-87.93%	-106.45%	-95.91%
D&A For EBITDA	1	1.05	1.49	1.55	1.51	0.87
EBIT	-39.41	-53.66	-55.99	-61.94	-58.64	-47.3
EBIT Margin	-44.39%	-59.30%	-66.82%	-90.19%	-109.27%	-97.70%
Advertising Expenses	-	10.1	7.9	4.8	6.1	5.1

SEC Filings: 10-K · 10-Q