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Pulmonx Corp

LUNG

$2.05 0.00 (0.00%) at close

9 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

Pulmonx Corp faces fundamental challenges with weakness in Return on Common Equity (%) and Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $83.4M

Dividend Yield —

Revenue Growth 8.0% ↘

Op. Margin -59.3% ↗

ROIC -59.5% ↘

FCF / Share $-0.81 ↗

Trailing P/E —

Price / Book 1.6x

FCF Yield —

Debt / Equity 0.69

info Valuation on last close. End-of-day price, Aug 7, 2026.

9-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$90.50M

↑ +8.0% —

Net Income Profit after all expenses

$-54.00M

↑ +4.2% —

Operating Margin Operating profit as % of sales

-59.3%

↑ +13.9% 4th

FCF / Share Free cash flow per share

$-0.81

↑ +4.3% —

Long-Term Debt Long-term obligations

$37.09M

— -0.2% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↓

Financial Health ↑

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue Growth YoY (%)	8.0% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	22.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+175%)	28.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+250%)	10.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+35%)	47.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+499%)	0.4% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-95%)	62.9% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+687%)	—	—
EPS Growth YoY (%)	7.6% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	10.0% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	-0.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-17.8% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	57.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	4.2% Caution ↑ Caution Improving Year-over-year change in net income	7.3% Fair ↑ Fair Improving Year-over-year change in net income	-3.3% Weak ↑ Weak Improving Year-over-year change in net income	-21.1% Weak ↑ Weak Improving Year-over-year change in net income	-51.0% Weak ↓ Weak Declining Year-over-year change in net income	-55.7% Weak Weak Year-over-year change in net income	-12.0% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	4.3% Caution ↓ Caution Declining Year-over-year change in free cash flow	16.6% Good ↓ Good Declining Year-over-year change in free cash flow	19.1% Good ↓ Good Declining Year-over-year change in free cash flow	-0.3% Weak Weak Year-over-year change in free cash flow	59.7% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—
Revenue CAGR 3Y (%)	19.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	20.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	28.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	18.1% Excellent Excellent Compound annual revenue growth over 3 years	34.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	22.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	20.8% Excellent Excellent Compound annual revenue growth over 5 years	28.0% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Operating Margin (%) (%)	-59.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-495%)	-68.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-559%)	-90.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-701%)	-109.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-828%)	-97.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-751%)	-98.8% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-758%)	-54.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-465%)	-75.2% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-602%)	—
Effective Tax Rate (%) (%)	-1.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.6% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-59.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-597%)	-67.3% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-661%)	-88.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-838%)	-109.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1015%)	-100.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-938%)	-98.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-921%)	-63.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-629%)	-92.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-870%)	—
FCF Margin (%) (%)	-36.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-39.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-55.9% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-86.5% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	-93.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-96.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-65.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-93.5% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.61x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.58x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.63x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.79x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.93x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.98x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	1.04x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	1.01x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Return on Invested Capital (%)	-59.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-47.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-40.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-34.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-22.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-14.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	9.7% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	9.0% Fair Fair Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-41.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-35.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-34.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-30.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-20.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-12.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	-33.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-99.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-765%)	-65.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-538%)	-51.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-443%)	-38.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-355%)	-25.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-268%)	-14.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-195%)	11.0% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-26%)	11.0% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-26%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Debt to Equity (x)	0.69x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+15%)	0.47x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-22%)	0.33x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-44%)	0.11x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-81%)	0.09x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-85%)	—	—	—	—
Interest Coverage (x)	-17.24x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-16.57x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-19.16x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-55.01x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-57.06x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-10.16x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-7.70x Weak Weak Operating income divided by interest expense Optimal: > 5x	-5.97x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-32.55M	$-30.55M	$-44.15M	$-84.41M	$-131.06M	$-231.56M	$-14.77M	$-4.12M	—
Debt / EBITDA (x)	-0.71x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.71x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.65x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.30x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.37x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue per Share (USD)	$2.22	$2.14	$1.81	$1.45	$1.34	$3.21	—	—	—
Basic EPS, GAAP (USD)	$-1.33	$-1.44	$-1.60	$-1.59	$-1.35	$-3.16	—	—	—
Free Cash Flow per Share (USD)	$-0.81	$-0.84	$-1.01	$-1.25	$-1.25	$-3.10	—	—	—
Book Value per Share (USD)	$1.30	$2.16	$3.07	$4.10	$5.23	$6.34	$-89.22	—	—
Tangible Book Value per Share (USD)	$1.24	$2.10	$3.01	$4.04	$5.17	$6.27	$-90.33	—	—
Basic Weighted Avg Shares (shares)	40.69M	39.11M	37.97M	37.10M	36.13M	10.18M	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Working Capital (USD)	$81.63M	$111.81M	$127.27M	$150.46M	$190.45M	$237.46M	$26.91M	—	—
LT Debt (USD)	$37.09M	$37.18M	$37.24M	$17.23M	$17.41M	—	—	—	—
Total Equity (USD)	$54.12M	$85.81M	$118.31M	$154.01M	$193.24M	$226.13M	$-187.38M	$-167.33M	$-149.39M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Sales/Revenue/Turnover (USD)	$90.50M	$83.79M	$68.67M	$53.66M	$48.42M	$32.73M	$32.59M	$20.00M	—
Depreciation Expense (USD)	$1.10M	$1.10M	$1.40M	$1.40M	$700.00K	$300.00K	$200.00K	$100.00K	—
Net Income, GAAP (USD)	$-54.00M	$-56.39M	$-60.84M	$-58.92M	$-48.66M	$-32.23M	$-20.70M	$-18.48M	—
Operating Cash Flow (USD)	$-32.38M	$-31.54M	$-37.61M	$-45.08M	$-41.39M	$-30.63M	$-20.77M	$-18.39M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 9 years · 31 quarters

Pulmonx Corp

Analytical Summary

9-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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