Pulmonx (LUNG) Net Margin (2019 - 2025)
Pulmonx (LUNG) posted quarterly Net Margin of 64.91% for Q3 2025, up 451.0% year-over-year from 11.78% in Q3 2024, and down 1.91% quarter-over-quarter from 63.69% in Q2 2025.
Pulmonx (LUNG) Net Margin (2019 - 2025) Analysis & Trends
Pulmonx (LUNG) has reported Net Margin for 7 consecutive years, with 64.91% the latest figure, recorded in Q3 2025.
- In Q3 2025, Net Margin rose 451.0% year-over-year to 64.91%; the TTM figure through Sep 2025 stood at 61.9% (up 1016.0% YoY), while the FY2024 annual figure was 67.3%, up 2129.0% from the prior year.
- Net Margin eased to 64.91% in Q3 2025 per LUNG's latest filing, from 63.69% in the prior quarter.
- Across five years, Net Margin topped out at 55.28% in Q4 2024 and bottomed at 147.07% in Q1 2022.
- Historically, Net Margin has averaged 88.81% across 5 years, with a median of 84.57% in 2023.
- On a YoY basis, Net Margin climbed as much as 21910 bps in 2021 and fell as far as 5259 bps in 2021.
- Pulmonx's Net Margin stood at 94.81% in 2021, then rose by 2 bps to 92.6% in 2022, then advanced by 22 bps to 72.04% in 2023, then rose by 23 bps to 55.28% in 2024, then fell by 17 bps to 64.91% in 2025.
- Business Quant data shows LUNG's Net Margin at 64.91% in Q3 2025, 63.69% in Q2 2025, and 64.11% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 7.37% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 19.37% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 16.67% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 13.87% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 19.04% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 10.84% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 6.47% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 13.47% |
| 10 | Pulmonx | 94.77 Mn | 25.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -64.91% |
| Jun 30, 2025 | -63.69% |
| Mar 31, 2025 | -64.11% |
| Dec 31, 2024 | -55.28% |
| Sep 30, 2024 | -69.42% |
| Jun 30, 2024 | -73.82% |
| Mar 31, 2024 | -73.00% |
| Dec 31, 2023 | -72.04% |
| Sep 30, 2023 | -84.57% |
| Jun 30, 2023 | -94.19% |
| Mar 31, 2023 | -109.12% |
| Dec 31, 2022 | -92.60% |
| Sep 30, 2022 | -104.96% |
| Jun 30, 2022 | -104.95% |
| Mar 31, 2022 | -147.07% |
| Dec 31, 2021 | -94.81% |
| Sep 30, 2021 | -76.77% |
| Jun 30, 2021 | -106.38% |
| Mar 31, 2021 | -135.71% |
| Dec 31, 2020 | -94.50% |