Pulmonx (LUNG) Net Margin (2019 - 2025)
Pulmonx's (LUNG) quarterly Net Margin came in at 64.78% in Q3 2025, up 460.0% year-on-year from 11.57% in Q3 2024, and down 1.86% on a QoQ basis from 63.59% in Q2 2025.
Pulmonx (LUNG) Net Margin (2019 - 2025) Analysis & Trends
Pulmonx (LUNG) has 7 years of Net Margin data on file, last reported at 64.78% in Q3 2025.
- On a quarterly basis, Net Margin rose 460.0% year-over-year to 64.78% in Q3 2025; TTM through Sep 2025 was 61.88%, a 1017.0% increase from a year earlier, with the FY2024 full-year figure at 67.3%, up 2129.0% from the prior year.
- Net Margin for Q3 2025 stood at 64.78%, down from 63.59% in the prior quarter.
- Over the last five years, Net Margin for LUNG reached as high as 55.44% in Q4 2024 and fell as low as 147.07% in Q1 2022.
- Historically, Net Margin has averaged 88.75% across 5 years, with a median of 84.33% in 2023.
- On a YoY basis, Net Margin climbed as much as 21910 bps in 2021 and fell as far as 5224 bps in 2021.
- Year by year, Net Margin stood at 94.88% in 2021, then grew by 2 bps to 92.64% in 2022, then rose by 22 bps to 72.04% in 2023, then rose by 23 bps to 55.44% in 2024, then fell by 17 bps to 64.78% in 2025.
- Per Business Quant data, the three most recent Net Margin figures were 64.78% in Q3 2025, 63.59% 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 | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 16.74% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.87% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 8.01% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Pulmonx | 49.94 Mn | -19.81 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -64.78% |
| Jun 30, 2025 | -63.59% |
| Mar 31, 2025 | -64.11% |
| Dec 31, 2024 | -55.44% |
| Sep 30, 2024 | -69.38% |
| Jun 30, 2024 | -73.82% |
| Mar 31, 2024 | -73.00% |
| Dec 31, 2023 | -72.04% |
| Sep 30, 2023 | -84.33% |
| Jun 30, 2023 | -93.96% |
| Mar 31, 2023 | -109.12% |
| Dec 31, 2022 | -92.64% |
| Sep 30, 2022 | -104.96% |
| Jun 30, 2022 | -104.95% |
| Mar 31, 2022 | -147.07% |
| Dec 31, 2021 | -94.88% |
| Sep 30, 2021 | -76.44% |
| Jun 30, 2021 | -106.38% |
| Mar 31, 2021 | -135.35% |
| Dec 31, 2020 | -94.58% |