Pulmonx (LUNG) Cost of Revenue (2019 - 2025)

Pulmonx's (LUNG) quarterly Cost of Revenue came in at $5.4 million in Q3 2025, up 1.66% year-on-year from $5.4 million in Q3 2024, and down 18.11% on a QoQ basis from $6.7 million in Q2 2025.

Pulmonx (LUNG) Cost of Revenue (2019 - 2025) Analysis & Trends

Pulmonx (LUNG) has 7 years of Cost of Revenue data on file, last reported at $5.4 million in Q3 2025.

  • On a quarterly basis, Cost of Revenue rose 1.66% year-over-year to $5.4 million in Q3 2025; TTM through Sep 2025 was $24.5 million, a 19.45% increase from a year earlier, with the FY2024 full-year figure at $21.8 million, up 21.56% from the prior year.
  • Cost of Revenue for Q3 2025 stood at $5.4 million, down from $6.7 million in the prior quarter.
  • Over the last five years, Cost of Revenue for LUNG reached as high as $6.7 million in Q2 2025 and fell as low as $500000.0 in Q4 2022.
  • Historically, Cost of Revenue has averaged $4.3 million across 5 years, with a median of $4.5 million in 2023.
  • Across the five-year window, Cost of Revenue slumped 85.54% in 2022 and surged 875.6% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $3.5 million in 2021, then sank by 85.54% to $500000.0 in 2022, then jumped by 875.6% to $4.9 million in 2023, then climbed by 26.59% to $6.2 million in 2024, then fell by 11.74% to $5.4 million in 2025.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $5.4 million in Q3 2025, $6.7 million in Q2 2025, and $6.2 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Abbott Laboratories 182.32 Bn 175.02 Bn 6.27 Bn 4.89 Bn
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn 2.21 Bn
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn 3.40 Bn
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn 12.00 Mn
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn 362.60 Mn
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn 441.60 Mn
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn 481.00 Mn
8 Smith & Nephew 26.99 Bn 26.41 Bn - -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn 2.51 Bn
10 Pulmonx 50.56 Mn -19.19 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 5.45 Mn
Sep 30, 2025 5.45 Mn
Jun 30, 2025 6.66 Mn
Jun 30, 2025 6.66 Mn
Mar 31, 2025 6.20 Mn
Mar 31, 2025 6.20 Mn
Dec 31, 2024 6.18 Mn
Dec 31, 2024 6.18 Mn
Sep 30, 2024 5.36 Mn
Sep 30, 2024 5.36 Mn
Jun 30, 2024 5.48 Mn
Jun 30, 2024 5.48 Mn
Mar 31, 2024 4.78 Mn
Mar 31, 2024 4.78 Mn
Dec 31, 2023 4.88 Mn
Dec 31, 2023 4.88 Mn
Sep 30, 2023 4.64 Mn
Sep 30, 2023 4.64 Mn
Jun 30, 2023 4.46 Mn
Jun 30, 2023 4.46 Mn