Pulmonx (LUNG) Revenue (2019 - 2025)
Pulmonx (LUNG) recorded Revenue of $21.5 million in Q3 2025, up 5.5% from $20.39 million a year earlier but down 9.9% from the prior quarter.
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Analysis
Pulmonx (LUNG) Revenue (2019 - 2025) Analysis & Trends
On a TTM basis, Pulmonx's Revenue came in at $91.66 million as of Sep 30, 2025, up 15.6% year-over-year; for FY2024, it came in at $83.79 million, up 22.0% from FY2023.
- Annual Revenue has increased for six straight years, with a five-year compound annual growth rate of 20.8% (FY2019 to FY2024).
- Across earlier years, Revenue came in at $68.68 million in FY2023 (+28.0%), $53.66 million in FY2022 (+10.8%), $48.42 million in FY2021 (+47.9%) and $32.73 million in FY2020 (+0.4%).
- Quarterly Revenue has ranged from $9.24 million in Q1 2021 to $23.86 million in Q2 2025 over the past five years.
- On a year-over-year basis, Revenue has increased for 19 consecutive quarters, with growth averaging 19.3% over the last eight quarters.
- Peak year-over-year performance for Revenue in the last five years was growth of 232.2% in Q2 2021, against a decline of 5.0% in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $23.86 million (Q2 2025), $22.54 million (Q1 2025) and $23.77 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 11.99 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 12.59 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 6.27 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 2.89 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 9.76 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 6.59 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 5.44 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 1.74 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 4.98 Bn |
| 10 | Pulmonx | 82.51 Mn | -236.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 21.50 Mn |
| Jun 30, 2025 | 23.86 Mn |
| Mar 31, 2025 | 22.54 Mn |
| Dec 31, 2024 | 23.77 Mn |
| Sep 30, 2024 | 20.39 Mn |
| Jun 30, 2024 | 20.78 Mn |
| Mar 31, 2024 | 18.85 Mn |
| Dec 31, 2023 | 19.28 Mn |
| Sep 30, 2023 | 17.67 Mn |
| Jun 30, 2023 | 17.19 Mn |
| Mar 31, 2023 | 14.54 Mn |
| Dec 31, 2022 | 15.43 Mn |
| Sep 30, 2022 | 13.50 Mn |
| Jun 30, 2022 | 13.95 Mn |
| Mar 31, 2022 | 10.79 Mn |
| Dec 31, 2021 | 13.71 Mn |
| Sep 30, 2021 | 13.26 Mn |
| Jun 30, 2021 | 12.20 Mn |
| Mar 31, 2021 | 9.24 Mn |
| Dec 31, 2020 | 9.83 Mn |
API Access
Pulmonx Revenue 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=revenue&ticker=LUNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=LUNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();