Growth Metrics

Pulmonx (LUNG) Net Margin (2019 - 2025)

Pulmonx (LUNG) has disclosed Net Margin for 7 consecutive years, with 64.78% as the latest value for Q3 2025.

  • On a quarterly basis, Net Margin rose 464.0% to 64.78% in Q3 2025 year-over-year; TTM through Sep 2025 was 61.87%, a 1020.0% increase, with the full-year FY2024 number at 67.3%, up 2129.0% from a year prior.
  • Net Margin was 64.78% for Q3 2025 at Pulmonx, down from 63.69% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 55.28% in Q4 2024 to a low of 146.76% in Q1 2022.
  • A 5-year average of 88.78% and a median of 84.57% in 2023 define the central range for Net Margin.
  • Biggest YoY gain for Net Margin was 21790bps in 2021; the steepest drop was -5259bps in 2021.
  • Pulmonx's Net Margin stood at 94.88% in 2021, then grew by 2bps to 92.6% in 2022, then increased by 22bps to 72.16% in 2023, then increased by 23bps to 55.28% in 2024, then fell by -17bps to 64.78% in 2025.
  • Per Business Quant, the three most recent readings for LUNG's Net Margin are 64.78% (Q3 2025), 63.69% (Q2 2025), and 64.11% (Q1 2025).