Pulse Biosciences, Inc. (PLSE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 401K | 264K | 86K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9K | 0 | 265K | 444K | 844K | 574K | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | 100% | - | -100% | -100% | -101.07% | -100% | - | - | - | - | - |
| Cost of Goods Sold | 370K | 519K | 279K | 267K | 0 | 0 | 0 | 0 | 299K | 0 | 0 | 0 | 0 | 1.29M | 8.4M | 1.34M | 909K | 1.24M | 727K | 0 |
| COGS % of Revenue | 92.27% | 196.59% | 324.42% | - | - | - | - | - | - | - | - | - | - | -14344.44% | - | 507.17% | 204.73% | 147.04% | 126.66% | - |
| Gross Profit | 31K | -255K | -193K | -267K | 0 | 0 | 0 | 0 | -299K | 0 | 0 | 0 | 0 | -1.3M | -8.4M | -1.08M | -465K | -397K | -153K | 0 |
| Gross Margin % | 7.73% | -96.59% | -224.42% | - | - | - | - | - | - | - | - | - | - | 14444.44% | - | -407.17% | -104.73% | -47.04% | -26.66% | - |
| Gross Profit Growth % | - | - | - | - | 100% | - | - | - | - | 100% | 100% | 100% | 100% | -227.46% | -5390.2% | - | - | - | - | - |
| Operating Expenses | 19.18M | 18M | 20.17M | 20.01M | 18.04M | 20.26M | 13.65M | 11.73M | 10.32M | 12.53M | 11.25M | 10.23M | 9.56M | 7.45M | 9.63M | 12.94M | 16.81M | 15.01M | 14.12M | 14.81M |
| OpEx % of Revenue | 4783.29% | 6817.42% | 23458.14% | - | - | - | - | - | - | - | - | - | - | -82722.22% | - | 4881.13% | 3785.59% | 1778.79% | 2459.93% | - |
| Selling, General & Admin | 6.59M | 7.07M | 8.78M | 8.19M | 7.73M | 9.6M | 5.95M | 4.5M | 3.58M | 4.73M | 3.78M | 3.53M | 3.73M | 3.35M | 5.11M | 7.48M | 10.04M | 9.36M | 7.66M | 7.35M |
| SG&A % of Revenue | 1643.64% | 2678.41% | 10210.47% | - | - | - | - | - | - | - | - | - | - | -37222.22% | - | 2821.51% | 2261.04% | 1108.41% | 1334.49% | - |
| Research & Development | 12.59M | 10.93M | 11.39M | 12.09M | 10.31M | 10.66M | 7.7M | 7.23M | 6.74M | 7.8M | 7.47M | 6.7M | 5.83M | 4.09M | 4.52M | 5.46M | 6.77M | 5.66M | 6.46M | 7.46M |
| R&D % of Revenue | 3139.65% | 4139.02% | 13247.67% | - | - | - | - | - | - | - | - | - | - | -45500% | - | 2059.62% | 1524.55% | 670.38% | 1125.44% | - |
| Other Operating Expenses | 0 | 0 | 0 | -267K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -19.15M | -18.25M | -20.37M | -20.27M | -18.04M | -20.26M | -13.65M | -11.73M | -10.62M | -12.53M | -11.25M | -10.23M | -9.56M | -8.74M | -18.02M | -14.01M | -17.27M | -15.41M | -14.27M | -14.81M |
| Operating Margin % | -4775.56% | -6914.02% | -23682.56% | - | - | - | - | - | - | - | - | - | - | 97166.67% | - | -5288.3% | -3890.32% | -1825.83% | -2486.59% | - |
| Operating Income Growth % | -6.13% | 9.91% | -49.15% | -72.91% | -69.99% | -61.66% | -21.36% | -14.66% | -11.01% | -43.32% | 37.58% | 27.02% | 44.64% | 43.25% | -26.29% | 5.35% | 6.76% | -12.02% | -10.6% | -30.4% |
| EBITDA | -18.58M | -17.99M | -20.11M | -20.01M | -17.76M | -19.97M | -13.36M | -11.43M | -10.32M | -12.23M | -10.95M | -9.93M | -9.26M | -8.41M | -17.69M | -13.66M | -16.95M | -15.11M | -13.99M | -14.52M |
| EBITDA Margin % | -4633.67% | -6815.91% | -23384.88% | - | - | - | - | - | - | - | - | - | - | 93433.33% | - | -5154.72% | -3816.89% | -1790.64% | -2436.59% | - |
| EBITDA Growth % | -4.62% | 9.91% | -50.52% | -75.08% | -72.17% | -63.33% | -21.98% | -15.14% | -11.4% | -45.43% | 38.07% | 27.34% | 45.36% | 44.36% | -26.46% | 5.95% | 7.11% | -12.2% | -10.63% | -31.11% |
| D&A (Non-Cash Add-back) | 0 | 259K | 256K | 267K | 283K | 287K | 294K | 298K | 299K | 304K | 299K | 302K | 302K | 336K | 339K | 354K | 326K | 297K | 287K | 282K |
| EBIT | -18.58M | -17.43M | -19.39M | -19.17M | -18.04M | -20.26M | -13.65M | -11.73M | -10.62M | -12.53M | -11.25M | -10.23M | -9.56M | -8.74M | -18.02M | -14.01M | -17.27M | -15.41M | -14.27M | -14.81M |
| Net Interest Income | 593K | 853K | 1M | 1.11M | 1.25M | 876K | 975K | 343K | 478K | 600K | 686K | 317K | -239K | -452K | -14K | 18K | 0 | -6K | -9K | -517K |
| Interest Income | 593K | 853K | 1M | 1.11M | 1.25M | 876K | 975K | 343K | 478K | 600K | 686K | 317K | 561K | 0 | 0 | 18K | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 800K | 452K | 14K | 0 | 0 | 6K | 9K | 517K |
| Other Income/Expense | 569K | 820K | 982K | 1.11M | 1.25M | 876K | 975K | 343K | 478K | 600K | 686K | 317K | -239K | -452K | -14K | 18K | 0 | -6K | -9K | -517K |
| Pretax Income | -18.58M | -17.43M | -19.39M | -19.17M | -16.8M | -19.39M | -12.68M | -11.38M | -10.14M | -11.93M | -10.57M | -9.91M | -9.8M | -9.2M | -18.04M | -14M | -17.27M | -15.42M | -14.28M | -15.32M |
| Pretax Margin % | -4633.67% | -6603.41% | -22540.7% | - | - | - | - | - | - | - | - | - | - | 102188.89% | - | -5281.51% | -3890.32% | -1826.54% | -2488.15% | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -18.58M | -17.43M | -19.39M | -19.17M | -16.8M | -19.39M | -12.68M | -11.38M | -10.14M | -11.93M | -10.57M | -9.91M | -9.8M | -9.2M | -18.04M | -14M | -17.27M | -15.42M | -14.28M | -15.32M |
| Net Margin % | -4633.67% | -6603.41% | -22540.7% | - | - | - | - | - | - | - | - | - | - | 102188.89% | - | -5281.51% | -3890.32% | -1826.54% | -2488.15% | - |
| Net Income Growth % | -10.63% | 10.07% | -52.88% | -68.39% | -65.68% | -62.45% | -20.01% | -14.86% | -3.43% | -29.75% | 41.43% | 29.19% | 43.26% | 40.34% | -26.31% | 8.66% | 7.33% | -12.12% | -10.75% | -35.21% |
| Net Income (Continuing) | -18.58M | -17.43M | -19.39M | -19.17M | -16.8M | -19.39M | -12.68M | -11.38M | -10.14M | -11.93M | -10.57M | -9.91M | -9.8M | -9.2M | -18.04M | -14M | -17.27M | -15.42M | -14.28M | -15.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.26 | -0.26 | -0.29 | -0.28 | -0.25 | -0.33 | -0.21 | -0.20 | -0.18 | -0.22 | -0.19 | -0.22 | -0.27 | -0.25 | -0.49 | -0.44 | -0.58 | -0.52 | -0.48 | -0.58 |
| EPS Growth % | -4% | 21.21% | -38.1% | -40% | -38.89% | -50% | -10.53% | 9.09% | 33.33% | 12% | 61.22% | 50% | 53.45% | 51.92% | -2.08% | 24.14% | 18.31% | 3.7% | 5.88% | -9.43% |
| EPS (Basic) | -0.26 | -0.26 | -0.29 | -0.28 | -0.25 | -0.33 | -0.21 | -0.20 | -0.18 | -0.22 | -0.19 | -0.22 | -0.27 | -0.25 | -0.49 | -0.44 | -0.58 | -0.52 | -0.48 | -0.58 |
| Diluted Shares Outstanding | 67.79M | 67.4M | 67.39M | 67.28M | 67.13M | 58.4M | 61.07M | 57.18M | 55.17M | 55.06M | 54.92M | 44.51M | 37.39M | 37.23M | 37.16M | 31.49M | 29.75M | 29.64M | 29.61M | 26.48M |
| Basic Shares Outstanding | 67.79M | 67.4M | 67.39M | 67.28M | 67.13M | 58.4M | 61.07M | 57.18M | 55.17M | 55.06M | 54.92M | 44.51M | 37.39M | 37.23M | 37.16M | 31.49M | 29.75M | 29.64M | 29.61M | 26.48M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |