Pulse Biosciences (PLSE) Operating Income (2015 - 2025)

Pulse Biosciences (PLSE) recorded quarterly Operating Income of -$20.4 million in Q3 2025, little changed quarter-over-quarter from -$20.3 million in Q2 2025, and down 49.15% on a YoY basis from -$40.1 million in Q3 2024.

Pulse Biosciences (PLSE) Operating Income (2015 - 2025) Analysis & Trends

Pulse Biosciences' Operating Income history runs 11 years deep, the most recent figure standing at -$20.4 million for Q3 2025.

  • In Q3 2025, Operating Income fell 49.15% year-over-year to -$20.4 million; the TTM figure through Sep 2025 stood at -$78.9 million (down 62.68% YoY), while the FY2024 annual figure was -$56.3 million, down 29.11% from the prior year.
  • Operating Income was -$20.4 million for Q3 2025 at Pulse Biosciences, roughly flat from -$20.3 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of -$8.7 million in Q4 2022 to a low of -$20.4 million in Q3 2025.
  • Historically, Operating Income has averaged -$14.7 million across 5 years, with a median of -$14.3 million in 2021.
  • The sharpest annual moves came in 2023 and 2025: Operating Income surged 44.64% in 2023, then tumbled 72.91% in 2025.
  • A 5-year view of Operating Income shows it stood at -$15.4 million in 2021, then soared by 43.25% to -$8.7 million in 2022, then plunged by 43.32% to -$12.5 million in 2023, then sank by 61.66% to -$20.3 million in 2024, then retreated by 0.52% to -$20.4 million in 2025.
  • The last three Operating Income figures came in at -$20.4 million (Q3 2025), -$20.3 million (Q2 2025), and -$18.0 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 855.30 Mn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 93.00 Mn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 422.00 Mn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 499.81 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 177.10 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 81.00 Mn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -31.00 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 141.96 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 66.00 Mn
10 Pulse Biosciences 1.68 Bn 1.68 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -20.37 Mn
Jun 30, 2025 -20.28 Mn
Mar 31, 2025 -18.04 Mn
Dec 31, 2024 -20.26 Mn
Sep 30, 2024 -13.66 Mn
Jun 30, 2024 -11.73 Mn
Mar 31, 2024 -10.62 Mn
Dec 31, 2023 -12.53 Mn
Sep 30, 2023 -11.25 Mn
Jun 30, 2023 -10.23 Mn
Mar 31, 2023 -9.56 Mn
Dec 31, 2022 -8.75 Mn
Sep 30, 2022 -18.03 Mn
Jun 30, 2022 -14.01 Mn
Mar 31, 2022 -17.27 Mn
Dec 31, 2021 -15.41 Mn
Sep 30, 2021 -14.27 Mn
Jun 30, 2021 -14.81 Mn
Mar 31, 2021 -18.53 Mn
Dec 31, 2020 -13.76 Mn