Growth Metrics

Pulmonx (LUNG) EBITDA Margin (2019 - 2025)

Pulmonx has reported EBITDA Margin over the past 7 years, most recently at 66.76% for Q3 2025.

  • Quarterly EBITDA Margin fell 14.0% to 66.76% in Q3 2025 from the year-ago period, while the trailing twelve-month figure was 62.24% through Sep 2025, up 903.0% year-over-year, with the annual reading at 67.93% for FY2024, 1911.0% up from the prior year.
  • EBITDA Margin was 66.76% for Q3 2025 at Pulmonx, down from 61.78% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 57.21% in Q4 2024 and troughed at 149.25% in Q1 2022.
  • The 5-year median for EBITDA Margin is 84.4% (2023), against an average of 88.67%.
  • The largest YoY upside for EBITDA Margin was 21958bps in 2021 against a maximum downside of -5843bps in 2021.
  • A 5-year view of EBITDA Margin shows it stood at 93.65% in 2021, then rose by 2bps to 91.44% in 2022, then grew by 25bps to 68.43% in 2023, then increased by 16bps to 57.21% in 2024, then fell by -17bps to 66.76% in 2025.
  • Per Business Quant, the three most recent readings for LUNG's EBITDA Margin are 66.76% (Q3 2025), 61.78% (Q2 2025), and 63.71% (Q1 2025).