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Discontinued — last reported Q2 '26

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Other financials

Income statement

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Revenue$434.0K
Gross profit$161.0K
Net income-$24.7M-28.6%
EPS (diluted)-$0.49-2.1%

Balance sheet

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Cash & equivalents$101.6M-4.4%
Total debt$6.8M-17.9%
Total equity$99.5M-4.8%
Total assets$115.6M-3.9%

Cash flow

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Operating cash flow-$18.7M-46.1%
CapEx$90.0K-12.6%
Free cash flow-$18.8M-45.6%

Valuation

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Market cap$2.65B+156%
Enterprise value$2.55B+173%
P/S2,233.4×

Profitability

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Gross margin-0.1%
Operating margin-7,007.8%
Net margin-6,755.8%
FCF margin-5,180.4%

Returns & leverage

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Return on equity-78.5%-15.3pp
Debt / equity0.1×0.0×
Current ratio9.6×-2.4×

Where this comes from

Reported directly by Pulse Biosciences, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Pulse Biosciences, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:23 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026288
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Research and development16,97612,08829,56622,401
Selling, general and administrative8,4578,18715,04815,918
Total cost and expenses25,70620,27545,25738,319
Loss from operations(25,272)(20,275)(44,422)(38,319)
Other income (expense):
Interest income6001,1291,1932,384
Other income (expense)15(22)(9)(28)
Total other income6151,1071,1842,356

Document

FAQ

What is Pulse Biosciences, Inc.'s operating income?
Pulse Biosciences, Inc. (PLSE) reported operating income of -$25.27M in Q2 2026.
How has Pulse Biosciences, Inc.'s operating income changed year-over-year?
Pulse Biosciences, Inc.'s operating income decreased by 24.6% year-over-year, from -$20.28M to -$25.27M.
What is the long-term trend for Pulse Biosciences, Inc.'s operating income?
Over 4 years (2021 to 2025), Pulse Biosciences, Inc.'s operating income has grown at a 5.1% compound annual growth rate (CAGR), from -$63.01M to -$76.94M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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