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Lucid Diagnostics

LUCD

Lucid Diagnostics is a commercial-stage medical technology company specializing in the early detection and prevention of esophageal cancer.

Market cap
$188.9M+48.0%
Revenue$5.1M+23.0%
Net income-$45.0M+27.2%
Free cash flow-$47.1M-40.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 12, 2026 (in a month)
Revenue estimate$1.4M
EPS estimate-$0.04

Financials

Q1 2026

Income statement

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Revenue$1.3M+51.7%
Gross profit-$369.0K+49.0%
Operating income-$12.1M+3.0%
Net income-$13.9M+48.3%

Balance sheet

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Cash & equivalents$27.9M+10.6%
Total debt$1.6M-35.1%
Total equity$4.0M+174%
Total assets$34.1M+3.9%

Cash flow

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Operating cash flow-$12.1M+2.9%
CapEx$215.0K+131%
Free cash flow-$12.3M+1.9%

Valuation & ratios

Valuation

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Market cap$188.9M+48.0%
Enterprise value$162.63M+94.4%
P/S36.8×+11.0×

Profitability

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Operating margin-959.6%-133pp
Net margin-876.7%-254pp

Returns & leverage

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Debt / equity0.4×
Current ratio1.1×+0.3×

Competitors

Profile

Lucid Diagnostics is a commercial-stage medical technology company specializing in the early detection and prevention of esophageal cancer. The company provides a non-invasive diagnostic platform designed to identify esophageal precancer in patients with chronic heartburn and gastroesophageal reflux disease (GERD). Its core value proposition is offering a patient-friendly, office-based alternative to traditional invasive endoscopy for widespread screening.

Competitive position

Lucid Diagnostics holds a first-mover advantage with the only commercially available non-invasive esophageal cell collection and DNA testing system endorsed by major clinical guidelines as an alternative to endoscopy.

GeographiesUnited States, European Union
Customer segmentsHealthcare Providers, Government Agencies, Corporate Employers
Business modelLaboratory Developed Tests (LDT), Medical Device Manufacturing, Direct Contracting
SuppliersContract Manufacturers, Academic Research Institutions, Logistics and Fulfillment Partners
CustomersMedicare and Medicaid Services, Commercial Insurance Payors, Physician Offices, Hospitals
Listed2021
Employees70.0
CEOLishan Aklog
FilingsSEC EDGAR

Questions, answered.

What is Lucid Diagnostics's market cap?
Lucid Diagnostics (LUCD) has a market capitalization of $188.9M and trades on NASDAQ.
What is Lucid Diagnostics's revenue and profitability?
Lucid Diagnostics generated $5.1M in trailing twelve-month revenue with a net loss of $45.0M, representing a net margin of -876.7%. Gross margin stands at -66.8%, with free cash flow of -$47.1M. These figures are based on the Q1 2026 filing.
Who are Lucid Diagnostics's competitors?
Lucid Diagnostics's key competitors include Guardant Health, PAVmed Inc. Common Stock, Cardio Diagnostics Holdings Inc. Common stock, and others. These companies compete in similar markets and product categories.
Who does Lucid Diagnostics partner with?
Lucid Diagnostics's notable partners include Case Western Reserve University, UpScript, LLC, Coastline International, and others.
What subsidiaries does Lucid Diagnostics have?
Lucid Diagnostics's subsidiaries include LucidDx Labs Inc., CapNostics, LLC.
Where is Lucid Diagnostics headquartered?
Lucid Diagnostics is headquartered in United States of America and employs approximately 70 people. It has been publicly traded since 2021.