Pulmonx reported total assets of $129.29M and total liabilities of $75.17M for the quarter ended Dec 2025, down 20.6% year over year. This balance sheet covers 26 quarters of results from Sep 2019 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 209.28M | 198.70M | 188.07M | 148.48M | 129.17M | 121.95M | 112.40M | 101.74M | 110.41M | 101.58M | 94.94M | 83.55M | 70.16M | 63.46M | 63.31M | 70.91M | 74.56M | 75.47M | 76.55M | 69.75M | ||||||
| Short-term InvestmentsInvestments (Current) | 9.78M | 10.77M | 11.77M | 31.56M | 40.91M | 40.14M | 44.50M | 39.40M | 42.43M | 33.57M | 21.54M | 33.55M | 45.97M | 51.08M | 44.47M | 30.58M | 14.15M | 8.76M | ||||||||
| Cash & Current Investments | 219.07M | 209.48M | 199.85M | 180.04M | 170.08M | 162.09M | 156.90M | 141.14M | 152.84M | 135.15M | 116.48M | 117.10M | 116.13M | 114.55M | 107.78M | 101.48M | 88.70M | 84.22M | 76.55M | 69.75M | ||||||
| Receivables - NetNet Receivables | 5.12M | 6.88M | 6.92M | 6.56M | 6.81M | 7.52M | 7.22M | 8.68M | 8.17M | 8.94M | 10.09M | 12.11M | 10.52M | 11.08M | 11.67M | 13.12M | 13.97M | 15.90M | 13.80M | 12.07M | ||||||
| Receivables | 5.12M | 6.88M | 6.92M | 6.56M | 6.81M | 7.52M | 7.22M | 8.68M | 8.17M | 8.94M | 10.09M | 12.11M | 10.52M | 11.08M | 11.67M | 13.12M | 13.97M | 15.90M | 13.80M | 12.07M | ||||||
| Raw Materials | 3.04M | 3.13M | 3.49M | 3.74M | 3.75M | 3.78M | 3.78M | 3.82M | 3.48M | 3.34M | 2.91M | 2.92M | 3.06M | 3.03M | 3.37M | 3.41M | 3.38M | 3.94M | 4.26M | 4.87M | ||||||
| Work In Process | 0.31M | 0.38M | 0.71M | 0.52M | 0.75M | 0.78M | 0.55M | 0.39M | 0.47M | 0.64M | 0.54M | 0.43M | 0.44M | 0.39M | 0.37M | 0.46M | 0.50M | 0.56M | 0.58M | 0.53M | ||||||
| Finished Goods | 8.56M | 9.89M | 10.79M | 12.03M | 13.80M | 14.65M | 15.79M | 15.64M | 16.41M | 16.09M | 16.13M | 15.97M | 16.25M | 15.86M | 15.49M | 14.73M | 14.30M | 13.56M | 13.89M | 14.05M | ||||||
| Inventory | 11.92M | 13.40M | 14.98M | 16.29M | 18.30M | 19.21M | 15.57M | 14.56M | 15.59M | 15.64M | 16.13M | 16.74M | 17.23M | 16.98M | 16.96M | 16.91M | 16.81M | 16.18M | 16.25M | 15.85M | ||||||
| Prepaid Assets | 3.01M | 3.09M | 5.66M | 4.88M | 5.30M | 3.73M | 3.19M | 4.34M | 4.47M | 4.23M | 4.42M | 4.24M | 3.82M | 3.30M | 4.26M | 4.47M | 4.20M | 3.46M | 4.38M | 3.76M | ||||||
| Current Assets | 239.34M | 233.08M | 227.64M | 208.00M | 200.72M | 192.78M | 183.11M | 168.95M | 181.30M | 164.43M | 147.36M | 150.42M | 147.94M | 146.16M | 140.93M | 136.25M | 123.94M | 120.02M | 111.23M | 101.68M | ||||||
| Non-Current Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 1.80M | 2.77M | 4.70M | 4.81M | 4.92M | 4.93M | 4.92M | 4.69M | 4.49M | 4.22M | 4.07M | 4.03M | 4.22M | 2.83M | 2.98M | 2.91M | 2.83M | 2.66M | 2.44M | 2.22M | ||||||
| Long-Term Investments | 2.50M | 2.02M | 2.80M | 10.94M | 6.38M | 4.68M | 5.92M | 2.64M | 12.45M | 23.27M | 14.39M | 4.29M | ||||||||||||||
| Goodwill | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | ||||||
| Intangibles | 0.37M | 0.34M | 0.31M | 0.28M | 0.25M | 0.22M | 0.18M | 0.15M | 0.12M | 0.09M | 0.06M | 0.03M | ||||||||||||||
| Goodwill & Intangibles | 2.70M | 2.67M | 2.64M | 2.61M | 2.58M | 2.55M | 2.52M | 2.49M | 2.46M | 2.42M | 2.40M | 2.36M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | 2.33M | ||||||
| Other Non-Current Assets | 0.23M | 0.23M | 0.23M | 0.73M | 0.23M | 0.23M | 0.23M | 0.53M | 0.23M | 0.47M | 0.24M | 0.59M | 0.24M | 0.26M | 0.26M | 1.14M | 0.26M | 0.26M | 1.52M | 1.42M | ||||||
| Non-Current Assets | 15.93M | 15.86M | 19.17M | 27.17M | 22.12M | 19.95M | 19.09M | 24.72M | 19.97M | 28.68M | 37.65M | 27.36M | 16.65M | 26.47M | 26.47M | 26.60M | 26.80M | 27.17M | 27.05M | 27.61M | ||||||
| Assets | 255.27M | 248.94M | 246.82M | 235.17M | 222.85M | 212.73M | 202.20M | 193.68M | 201.27M | 193.11M | 185.02M | 177.78M | 164.58M | 172.63M | 167.40M | 162.85M | 150.74M | 147.19M | 138.28M | 129.29M | ||||||
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payables | 1.83M | 2.16M | 4.43M | 1.58M | 2.80M | 2.60M | 2.65M | 1.76M | 2.89M | 2.38M | 3.19M | 1.50M | 3.12M | 3.18M | 4.58M | 3.83M | 4.28M | 6.56M | 6.42M | 3.90M | ||||||
| Notes Payables | 0.09M | 0.80M | 2.92M | 5.04M | 0.09M | 0.09M | 0.09M | 0.09M | 2.15M | 5.23M | 0.09M | 0.10M | 3.18M | 7.80M | 0.10M | 0.10M | 0.11M | |||||||||
| Payables | 1.83M | 2.16M | 4.43M | 1.67M | 3.60M | 5.52M | 7.69M | 1.85M | 2.98M | 2.47M | 3.28M | 3.65M | 8.36M | 3.27M | 4.67M | 7.00M | 12.08M | 6.66M | 6.53M | 4.01M | ||||||
| Accumulated Expenses | 9.76M | 10.50M | 12.37M | 13.37M | 10.87M | 11.73M | 10.74M | 13.28M | 10.63M | 13.56M | 13.68M | 16.23M | 10.07M | 11.78M | 12.78M | 16.47M | 11.55M | 14.39M | 14.94M | 14.56M | ||||||
| Short term Debt | 0.47M | 1.89M | 3.31M | 0.09M | 0.09M | |||||||||||||||||||||
| Current Taxes | 0.12M | 0.01M | 0.15M | 0.14M | 0.02M | 0.06M | 0.04M | 0.09M | 0.07M | 0.07M | 0.07M | 0.05M | 0.09M | 0.20M | 0.19M | 0.26M | ||||||||||
| Current Deferred Revenue | 0.07M | 0.09M | 0.16M | 0.16M | 0.13M | 0.13M | 0.11M | 0.12M | 0.11M | 0.10M | 0.09M | 0.10M | 0.11M | 0.11M | 0.11M | 0.14M | 0.13M | 0.08M | 0.09M | 0.02M | ||||||
| Total Current Liabilities | 14.02M | 16.33M | 22.22M | 17.55M | 17.71M | 20.45M | 21.69M | 18.49M | 17.08M | 19.52M | 20.48M | 23.16M | 21.29M | 16.30M | 18.30M | 24.44M | 24.95M | 22.45M | 22.88M | 20.06M | ||||||
| Non-Current Liabilities | ||||||||||||||||||||||||||
| Non-Current Debt | 16.33M | 14.94M | 13.55M | 17.32M | 16.63M | 14.46M | 12.34M | 17.23M | 37.17M | 37.15M | 37.15M | 35.09M | 32.00M | 37.11M | 37.14M | 34.00M | 29.39M | 37.01M | 37.02M | 36.99M | ||||||
| Convertible Debt | ||||||||||||||||||||||||||
| Preferred Stock Liabilities | ||||||||||||||||||||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.07M | 0.07M | 0.07M | 0.04M | 0.05M | 0.05M | 0.05M | 0.09M | 0.07M | 0.09M | 0.10M | 0.11M | 0.14M | 0.12M | 0.13M | 0.09M | 0.08M | 0.04M | 0.05M | 0.07M | ||||||
| Operating Leases | 7.70M | 7.14M | 7.44M | 6.84M | 6.13M | 5.42M | 4.64M | 3.85M | 3.02M | 2.40M | 1.54M | 1.11M | 0.65M | 17.91M | 17.91M | 18.52M | 18.65M | 18.60M | 18.30M | 18.06M | ||||||
| Other Non-Current Liabilities | 0.18M | 0.18M | 0.18M | |||||||||||||||||||||||
| Total Non-Current Liabilities | 41.76M | 40.52M | 40.37M | 38.72M | 75.17M | |||||||||||||||||||||
| Total Liabilities | 39.12M | 40.07M | 43.99M | 41.93M | 40.70M | 40.55M | 38.72M | 39.67M | 57.34M | 59.16M | 59.27M | 59.47M | 54.09M | 71.44M | 73.48M | 77.04M | 73.07M | 78.10M | 78.25M | 75.17M | ||||||
| Shareholder's Equity | ||||||||||||||||||||||||||
| Total Debt | 16.80M | 16.83M | 16.85M | 17.51M | 17.43M | 17.38M | 17.38M | 17.41M | 37.26M | 37.24M | 37.24M | 37.24M | 37.23M | 37.20M | 37.24M | 37.18M | 37.20M | 37.12M | 37.13M | 37.09M | ||||||
| Common Equity | 216.15M | 208.87M | 202.83M | 193.24M | 182.15M | 172.18M | 163.48M | 154.01M | 143.93M | 133.95M | 125.74M | 118.31M | 110.50M | 101.18M | 93.92M | 85.81M | 77.67M | 69.09M | 60.03M | 54.12M | ||||||
| Liabilities and Shareholders Equity | 255.27M | 248.94M | 246.82M | 235.17M | 222.85M | 212.73M | 202.20M | 193.68M | 201.27M | 193.11M | 185.02M | 177.78M | 164.58M | 172.63M | 167.40M | 162.85M | 150.74M | 147.19M | 138.28M | 129.29M | ||||||
| Retained Earnings | -254.80M | -267.20M | -278.40M | -291.39M | -307.22M | -321.90M | -336.04M | -350.32M | -366.20M | -382.40M | -397.30M | -411.16M | -424.91M | -440.24M | -454.40M | -467.56M | -482.00M | -497.20M | -511.13M | -521.56M |
Pull Pulmonx's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=LUNG&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "LUNG", "statement": "BS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=LUNG&statement=BS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();