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Pulmonx Corporation

LUNG

Pulmonx Corporation is a commercial-stage medical technology company specializing in minimally invasive treatments for severe emphysema, a form of chronic obstructive pulmonary disease (COPD).

Market cap
$51.53M-59.4%
Revenue$88.5M+1.2%
Net income-$53.2M+6.8%
Free cash flow-$29.4M+14.2%
EPS (diluted)-$1.30+9.7%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

July 29, 2026

Next report

Date not yet announced

Financials

Q1 2026

Income statement

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Revenue$20.6M-8.7%
Gross profit$16.0M-1.8%
Operating income-$13.0M+11.0%
Net income-$13.7M+5.5%
EPS (diluted)-$0.33+8.3%

Balance sheet

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Cash & equivalents$61.0M-2.4%
Total debt$56.3M-1.2%
Total equity$45.8M-41.1%
Total assets$120.0M-20.4%

Cash flow

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Operating cash flow-$10.1M+23.6%
CapEx$9.0K-97.0%
Free cash flow-$10.1M+25.3%

Valuation & ratios

Valuation

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Market cap$51.53M-59.4%
Enterprise value$46.8M-57.0%
P/S0.6×-0.8×

Profitability

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Gross margin75.5%+2.0pp
Operating margin-58.8%-5.8pp
Net margin-60.1%-4.4pp
FCF margin-33.2%-4.4pp

Returns & leverage

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Return on equity-86.2%+62.6pp
Debt / equity1.2×+0.5×
Current ratio4.9×-0.1×

Segments

By geography

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Europe, Middle-East and Africa (“EMEA”)$6.6M+19.9%
Asia Pacific$707.0K-74.7%
Other International$51.0K+34.2%

Competitors

Profile

Pulmonx Corporation is a commercial-stage medical technology company specializing in minimally invasive treatments for severe emphysema, a form of chronic obstructive pulmonary disease (COPD). The company provides a comprehensive interventional platform designed to improve lung function and quality of life for patients who remain symptomatic despite medical management and are ineligible for or wish to avoid major surgery. Their solution integrates diagnostic assessment tools with implantable valves to achieve lung volume reduction without surgical intervention.

Competitive position

Pulmonx is a leader in the interventional emphysema space, holding the first FDA pre-market approval for an endobronchial valve and maintaining a significant clinical evidence base.

GeographiesUnited States, Europe, Asia Pacific
Customer segmentsSpecialized Medical Professionals, Acute Care Hospitals, Outpatient Surgical Centers
Business modelDirect Sales, Distributor-based Sales, Usage-based Fees
SuppliersMedical-grade polymer suppliers, Specialized component manufacturers, Contract research organizations
CustomersInterventional pulmonologists, Hospital procurement departments, Specialized respiratory clinics
Listed2020
Employees279.0
CEOGlendon E. French
FilingsSEC EDGAR

Questions, answered.

What is Pulmonx Corporation's market cap?
Pulmonx Corporation (LUNG) has a market capitalization of $51.5M and trades on NASDAQ.
What is Pulmonx Corporation's revenue and profitability?
Pulmonx Corporation generated $88.5M in trailing twelve-month revenue with a net loss of $53.2M, representing a net margin of -60.1%. Gross margin stands at 75.5%, with free cash flow of -$29.4M. These figures are based on the Q1 2026 filing.
Who are Pulmonx Corporation's competitors?
Pulmonx Corporation's key competitors include Intuitive Surgical, Theravance Biopharma, Inc., United Therapeutics Corp, and others. These companies compete in similar markets and product categories.
Where is Pulmonx Corporation headquartered?
Pulmonx Corporation is headquartered in United States of America and employs approximately 279 people. It has been publicly traded since 2020.