Pulmonx (LUNG) FCF Margin (2019 - 2025)
Pulmonx (LUNG) reported FCF Margin of -38.41% for Q3 2025, down 1.02 percentage points from -37.39% a year earlier and down 21.83 percentage points from the prior quarter.
Pulmonx (LUNG) FCF Margin (2019 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Pulmonx's FCF Margin came in at -35.54%, up 8.28 percentage points year-over-year; for FY2024, it was -39.37%, up 16.57 percentage points from FY2023.
- FCF Margin has increased for four consecutive years, with a five-year change of +26.66 percentage points (FY2019 to FY2024).
- By year, FCF Margin came in at -55.94% in FY2023 (+30.56 pp), -86.50% in FY2022 (+6.59 pp), -93.09% in FY2021 (+3.28 pp) and -96.37% in FY2020 (-30.35 pp).
- Five-year quarterly FCF Margin spans a low of -144.55% in Q1 2022 and a high of -16.58% in Q2 2025.
- Year over year, FCF Margin gained in seven of the last eight quarters, with an average year-over-year change of +13.29 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2021 (a gain of 101.62 percentage points); the low point was Q4 2020 (a drop of 44.67 percentage points).
- Per Business Quant data, the three quarters before Q3 2025 came in at -16.58% (Q2 2025), -60.00% (Q1 2025) and -28.79% (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 17.41% |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 9.41% |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 24.89% |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 36.44% |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 18.77% |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 16.89% |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 29.54% |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 12.70% |
| 10 | Pulmonx | 116.67 Mn | -202.56 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -38.41% |
| Jun 30, 2025 | -16.58% |
| Mar 31, 2025 | -60.00% |
| Dec 31, 2024 | -28.79% |
| Sep 30, 2024 | -37.39% |
| Jun 30, 2024 | -30.16% |
| Mar 31, 2024 | -64.98% |
| Dec 31, 2023 | -44.66% |
| Sep 30, 2023 | -51.83% |
| Jun 30, 2023 | -46.21% |
| Mar 31, 2023 | -87.41% |
| Dec 31, 2022 | -64.67% |
| Sep 30, 2022 | -81.31% |
| Jun 30, 2022 | -70.77% |
| Mar 31, 2022 | -144.55% |
| Dec 31, 2021 | -86.43% |
| Sep 30, 2021 | -74.81% |
| Jun 30, 2021 | -109.49% |
| Mar 31, 2021 | -107.55% |
| Dec 31, 2020 | -80.63% |
Pulmonx FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=LUNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "LUNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=LUNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();