Pulmonx Corp (LUNG) stock
LUNGNasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 3, 2026Score 6/3040% below fair value
$2.86−0.14 (-4.67%)
Close on Nov 13, 2026Market cap $122.83MP/E –Yield –
Pulmonx gross margin
Gross margin is gross profit as a percentage of revenue.
Pulmonx's gross margin for the twelve months ending Sep 30, 2026 was 77.4%. For fiscal 2025 it was 74.2%, against 74.0% the year before. The highest annual figure on record is 74.3% in fiscal 2022.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 74.2% | +0.2 |
| FY2024 | Dec 31, 2024 | 74.0% | +0.1 |
| FY2023 | Dec 31, 2023 | 73.9% | −0.4 |
| FY2022 | Dec 31, 2022 | 74.3% | +0.7 |
| FY2021 | Dec 31, 2021 | 73.6% | +8.8 |
| FY2020 | Dec 31, 2020 | 64.8% | −4.0 |
| FY2019 | Dec 31, 2019 | 68.8% | +7.3 |
| FY2018 | Dec 31, 2018 | 61.4% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 76.2% | +1.5 |
| Q2 FY2026 | Jun 30, 2026 | 78.0% | +5.9 |
| Q1 FY2026 | Mar 31, 2026 | 77.9% | +5.4 |
| Q4 FY2025 | Dec 31, 2025 | 77.6% | +3.6 |
| Q3 FY2025 | Sep 30, 2025 | 74.7% | +0.9 |
| Q2 FY2025 | Jun 30, 2025 | 72.1% | −1.5 |
| Q1 FY2025 | Mar 31, 2025 | 72.5% | −2.2 |
| Q4 FY2024 | Dec 31, 2024 | 74.0% | −0.7 |
| Q3 FY2024 | Sep 30, 2024 | 73.7% | −0.0 |
| Q2 FY2024 | Jun 30, 2024 | 73.7% | −0.4 |
| Q1 FY2024 | Mar 31, 2024 | 74.7% | +1.8 |
| Q4 FY2023 | Dec 31, 2023 | 74.7% | +2.2 |
| Q3 FY2023 | Sep 30, 2023 | 73.7% | −1.4 |
| Q2 FY2023 | Jun 30, 2023 | 74.1% | −0.6 |
| Q1 FY2023 | Mar 31, 2023 | 72.9% | −2.4 |
| Q4 FY2022 | Dec 31, 2022 | 72.5% | −2.3 |
| Q3 FY2022 | Sep 30, 2022 | 75.2% | +1.7 |
| Q2 FY2022 | Jun 30, 2022 | 74.7% | +0.7 |
| Q1 FY2022 | Mar 31, 2022 | 75.2% | +3.7 |
| Q4 FY2021 | Dec 31, 2021 | 74.8% | +2.8 |
| Q3 FY2021 | Sep 30, 2021 | 73.4% | +3.1 |
| Q2 FY2021 | Jun 30, 2021 | 74.0% | +46.4 |
| Q1 FY2021 | Mar 31, 2021 | 71.5% | +6.0 |
| Q4 FY2020 | Dec 31, 2020 | 72.0% | +1.1 |
| Q3 FY2020 | Sep 30, 2020 | 70.3% | −0.1 |
| Q2 FY2020 | Jun 30, 2020 | 27.6% | −39.7 |
| Q1 FY2020 | Mar 31, 2020 | 65.6% | +1.2 |
| Q4 FY2019 | Dec 31, 2019 | 70.9% | – |
| Q3 FY2019 | Sep 30, 2019 | 70.4% | – |
| Q2 FY2019 | Jun 30, 2019 | 67.2% | – |
| Q1 FY2019 | Mar 31, 2019 | 64.3% | – |
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