LUNG · XBRL financial data

Pulmonx financial statements, every fiscal year

The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal years (LUNG's year ends in late December)

In thousands of dollarsDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Revenue from contracts with customers32,73348,41653,66268,67583,78990,497
Cost of goods and services sold11,53112,78613,79717,92321,78823,358
Gross profit21,20235,63039,86550,75262,00167,139
Research and development7,46013,06315,39718,08017,57019,491
Selling, general and administrative46,07469,87183,10594,607102,135101,311
Total operating expenses53,53482,93498,502112,687119,705120,802
Operating income (loss)(32,332)(47,304)(58,637)(61,935)(57,704)(53,663)
Interest income2134001,5295,5685,0612,651
Interest expense3,1818291,0663,2323,5073,155
Other income (expense)3,282(585)(396)(673)256790
Income tax expense (benefit)213343353571500626
Net income (loss)(32,231)(48,661)(58,923)(60,843)(56,394)(54,003)
Earnings per share, basic USD per share(3.16)(1.35)(1.59)(1.60)(1.44)(1.33)
Earnings per share, diluted USD per share(3.16)(1.35)(1.59)(1.60)(1.44)(1.33)
Weighted average shares, basic thousands of shares10,18536,12937,09737,97539,11140,686
Weighted average shares, diluted thousands of shares10,18536,12937,09737,97539,11140,686

Balance sheet

CSV

Fiscal years (LUNG's year ends in late December)

In thousands of dollarsDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Cash and cash equivalents231,561148,480101,73683,54770,90569,751
Marketable securities031,56139,402———
Marketable securities, non-current010,9415,924———
Accounts receivable4,2286,5628,67712,10513,12012,072
Inventory10,74116,28514,56416,74316,91515,845
Prepaid and other current assets3,2284,8834,3434,2354,4743,758
Total current assets249,989208,002168,953150,422136,248101,684
Property and equipment, net1,4744,8144,6944,0282,9072,220
Right-of-use asset8,9768,0755,8063,40618,54518,028
Goodwill2,3332,3332,3332,3332,3332,333
Total assets263,708235,173193,676177,781162,850129,291
Accounts payable1,4721,5821,7581,4973,8273,905
Accrued liabilities8,65113,36613,27616,23416,47214,556
Current portion of long-term debt0—————
Total current liabilities12,52617,55018,49223,15724,43720,058
Long-term debt—17,32417,23435,08934,00236,989
Lease liability, non-current7,6186,8443,8491,10618,51518,059
Total liabilities37,57441,93439,66959,46677,04175,175
Accumulated deficit(242,734)(291,395)(350,318)(411,161)(467,555)(521,558)
Total stockholders' equity226,134193,239154,007118,31585,80954,116
Total liabilities and equity263,708235,173193,676177,781162,850129,291
Common shares outstanding (cover page) thousands of shares35,69037,01937,64838,53739,79642,237

Cash flows

CSV

Fiscal years (LUNG's year ends in late December)

In thousands of dollarsDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025
Net income (loss)(32,231)(48,661)(58,923)(60,843)(56,394)(54,003)
Stock-based compensation3,19710,53016,44522,10122,95521,233
Net cash from operating activities(30,633)(41,388)(45,083)(37,610)(31,537)(32,376)
Purchases of property and equipment9113,6711,3188071,447452
Net cash from investing activities12,694(46,255)(4,225)(2,007)17,47630,482
Share repurchases2126270——
Proceeds from long-term debt——020,0000—
Net cash from financing activities234,8314,4562,41921,4001,363833
Net change in cash217,025(83,081)(46,744)(18,183)(12,622)(1,153)

Compare with peers

SIC 3841 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 3841 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
  • A cell reading “not reported” means the filings give no figure for that quarter alone.
CompanyCash ($K)Revenue, quarter ($K)Operating cash flow, quarter ($K)Shares outstandingRunwayQuarter
Pulmonx52,69022,835(3,183)*43.6M8.5 quarters 10-QSep 30, 2026
Microbot Medical3,152241(4,989)*67.2M13.5 quarters 10-QJun 30, 2026
TriSalus Life Sciences46,28811,407(10,129)*61.6M4.6 quarters 10-QJun 30, 2026
Fonar53,65026,4721,580*not reported— 10-QMar 31, 2026
CVRx64,58615,705(8,826)*26.6M7.3 quarters 10-QJun 30, 2026
LENSAR13,56516,495(127)*12.3M106.8 quarters 10-QJun 30, 2026
Accuray40,623100,919*2,427*119.4M— 10-KJun 30, 2026
KORU Medical Systems8,28812,045216*46.2M— 10-QJun 30, 2026
Carlsmed46,244not reported(7,358)*27.3M9.5 quarters 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.