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

Pulse Biosciences' quarterly Operating Income came in at -$20.4 million in Q3 2025, down 49.15% year-on-year from -$40.1 million in Q3 2024, and little changed quarter-over-quarter from -$20.3 million in Q2 2025.

Pulse Biosciences has reported Operating Income for 11 years, with the latest figure at -$20.4 million in Q3 2025.

  • For the quarter ending Q3 2025, Operating Income fell 49.15% year-over-year to -$20.4 million; the trailing twelve-month figure through Sep 2025 stood at -$78.9 million (down 62.68% YoY), and the FY2024 full-year result was -$56.3 million, down 29.11% from the prior year.
  • Operating Income for Q3 2025 stood at -$20.4 million, roughly flat from -$20.3 million in the prior quarter.
  • The five-year high for Operating Income was -$8.7 million in Q4 2022, with the low at -$20.4 million in Q3 2025.
  • Average Operating Income over 5 years is -$14.7 million, with a median of -$14.3 million recorded in 2021.
  • Year-over-year, Operating Income jumped 44.64% in 2023 and tumbled 72.91% in 2025.
  • Tracing PLSE's Operating Income over 5 years: stood at -$15.4 million in 2021, then jumped by 43.25% to -$8.7 million in 2022, then tumbled by 43.32% to -$12.5 million in 2023, then plunged by 61.66% to -$20.3 million in 2024, then decreased 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 156.17 Bn 151.78 Bn 1.83 Bn 855.30 Mn
2 Becton Dickinson 41.51 Bn 40.49 Bn 2.15 Bn 93.00 Mn
3 Resmed 30.43 Bn 28.77 Bn 890.98 Mn 499.81 Mn
4 West Pharmaceutical Services 22.78 Bn 22.26 Bn 296.40 Mn 177.10 Mn
5 Solventum 13.39 Bn 13.39 Bn 1.10 Bn 81.00 Mn
6 Cooper Companies 12.33 Bn 12.20 Bn 695.20 Mn 212.80 Mn
7 Align Technology 11.65 Bn 10.59 Bn 736.59 Mn 141.96 Mn
8 Baxter International 9.81 Bn 7.77 Bn 891.00 Mn 66.00 Mn
9 Aptargroup 7.39 Bn 7.19 Bn 351.91 Mn 107.50 Mn
10 Pulse Biosciences 1.72 Bn 1.72 Bn - -

Historic Data

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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
Sep 30, 2020 -12.91 Mn
Dec 31, 2019 -13.79 Mn
Sep 30, 2019 -11.75 Mn
Jun 30, 2019 -11.36 Mn
Mar 31, 2019 -10.08 Mn
Dec 31, 2018 -8.95 Mn
Sep 30, 2018 -10.76 Mn
Jun 30, 2018 -9.16 Mn
Mar 31, 2018 -8.67 Mn
Dec 31, 2017 -8.70 Mn
Sep 30, 2017 -7.49 Mn
Jun 30, 2017 -6.18 Mn
Mar 31, 2017 -3.20 Mn
Dec 31, 2016 -2.81 Mn
Sep 30, 2016 -2.77 Mn
Jun 30, 2016 -2.26 Mn
Mar 31, 2016 -1.68 Mn
Dec 31, 2015 -1.54 Mn
Sep 30, 2015 -1.23 Mn
Jun 30, 2015 -956,000.00
Mar 31, 2015 -743,000.00