Pulmonx Q3 revenue rises 6% to $22.8 million; net loss narrows to $8.4 million
Pulmonx reported third-quarter 2026 revenue of $22.8 million, up 6% from a year earlier, and a net loss of $8.4 million, or $0.19 per share, compared with a $14.0 million loss, or $0.34 per share, a year earlier. The company kept its full-year 2026 revenue outlook at $90 million to $92 million, and it expects cash, cash equivalents, and marketable securities to decline by about $22 million for the year.
Key points
- Q3 2026 revenue was $22.8 million, up from $21.5 million; U.S. revenue rose 7% and international revenue rose 5%, with international growth tempered by no sales to its China distributor
- Net loss was $8.4 million, or $0.19 per share, versus $14.0 million, or $0.34 per share, in Q3 2025; operating expenses fell 18% to $24.9 million
- Full-year 2026 revenue guidance of $90 million to $92 million was unchanged; the company expects gross margin of about 77% and operating expenses of $108 million to $109 million
- Nine-month revenue was $66.2 million, down 2.5% from $67.9 million a year earlier
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.
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