Pulmatrix, Inc. (PULM) 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 | 0 | 0 | 0 | 0 | 0 | 3K | 366K | 1.55M | 5.88M | 2.2M | 1.75M | 1.84M | 1.5M | 1.71M | 1.87M | 1.33M | 1.16M | 456K | 1.07M | 2.25M |
| Revenue Growth % | - | -100% | -100% | -100% | -100% | -99.86% | -79.12% | -15.84% | 292.6% | 28.92% | -6.36% | 38.54% | 29.22% | 274.56% | 75.12% | -40.95% | -16.55% | -77.2% | -75.55% | -35.6% |
| Cost of Goods Sold | 0 | 0 | 0 | 14K | 19K | 6K | 814K | 2.83M | 3.51M | 3.52M | 3.96M | 4.17M | 3.87M | 4.47M | 5.29M | 4.34M | 4.15M | 2.96M | 4.03M | 4.54M |
| COGS % of Revenue | - | - | - | - | - | 200% | 222.4% | 182.6% | 59.68% | 159.67% | 226.07% | 225.87% | 258.44% | 261.53% | 282.43% | 325.85% | 357.67% | 648.9% | 376.61% | 201.46% |
| Gross Profit | 0 | 0 | 0 | -14K | -19K | -3K | -448K | -1.28M | 2.37M | -1.31M | -2.21M | -2.32M | -2.38M | -2.76M | -3.42M | -3.01M | -2.99M | -2.5M | -2.96M | -2.29M |
| Gross Margin % | - | - | - | - | - | -100% | -122.4% | -82.6% | 40.32% | -59.67% | -126.07% | -125.87% | -158.44% | -161.53% | -182.43% | -225.85% | -257.67% | -548.9% | -276.61% | -101.46% |
| Gross Profit Growth % | 100% | 100% | 100% | 98.91% | -100.8% | 99.77% | 79.73% | 44.77% | 199.92% | 52.37% | 35.29% | 22.79% | 20.54% | -10.23% | -15.49% | -31.44% | -21.21% | 75.8% | -692.59% | -823.73% |
| Operating Expenses | 1.29M | 908K | 866K | 1.53M | 1.83M | 1.95M | 2.21M | 4.62M | 1.63M | 911K | 1.73M | 1.67M | 2.21M | 1.57M | 1.69M | 1.55M | 1.97M | 1.54M | 5.23M | 1.56M |
| OpEx % of Revenue | - | - | - | - | - | 64966.67% | 603.55% | 297.62% | 27.63% | 41.37% | 98.63% | 90.56% | 147.43% | 91.69% | 90.01% | 116.68% | 170.17% | 337.72% | 489.52% | 69.3% |
| Selling, General & Admin | 1.29M | 911K | 858K | 1.53M | 1.83M | 1.95M | 2.21M | 2M | 1.63M | 911K | 1.73M | 1.67M | 2.21M | 1.57M | 1.69M | 1.55M | 1.97M | 1.54M | 1.66M | 1.56M |
| SG&A % of Revenue | - | - | - | - | - | 64966.67% | 603.55% | 128.93% | 27.63% | 41.37% | 98.63% | 90.56% | 147.43% | 91.69% | 90.01% | 116.68% | 170.17% | 337.72% | 154.91% | 69.3% |
| Research & Development | 3K | 3K | 8K | 14K | 19K | 6K | 814K | 2.83M | 3.51M | 3.52M | 3.96M | 4.17M | 3.87M | 4.47M | 5.29M | 4.34M | 4.15M | 2.96M | 4.03M | 4.54M |
| R&D % of Revenue | - | - | - | - | - | 200% | 222.4% | 182.6% | 59.68% | 159.67% | 226.07% | 225.87% | 258.44% | 261.53% | 282.43% | 325.85% | 357.67% | 648.9% | 376.61% | 201.46% |
| Other Operating Expenses | 0 | -6K | 0 | -14K | -19K | -6K | -814K | -216K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -449K | -1000K |
| Operating Income | -1.29M | -908K | -866K | -1.55M | -1.85M | -1.95M | -2.66M | -5.9M | 747K | -2.23M | -3.94M | -3.99M | -4.58M | -4.33M | -5.1M | -4.56M | -4.96M | -4.04M | -8.19M | -3.85M |
| Operating Margin % | - | - | - | - | - | -65066.67% | -725.96% | -380.22% | 12.69% | -101.04% | -224.7% | -216.43% | -305.87% | -253.22% | -272.44% | -342.52% | -427.84% | -886.62% | -766.14% | -170.76% |
| Operating Income Growth % | 30.05% | 53.48% | 67.41% | 73.77% | -347.26% | 12.27% | 32.55% | -47.86% | 116.29% | 48.55% | 22.76% | 12.46% | 7.62% | -6.98% | 37.73% | -18.45% | -21.49% | -51.2% | -541.35% | -227.85% |
| EBITDA | -1.29M | -928K | -877K | -1.52M | -1.82M | -1.95M | -2.66M | -5.85M | 806K | -2.19M | -3.91M | -3.96M | -4.55M | -4.29M | -5.06M | -4.51M | -4.93M | -4.01M | -8.14M | -3.81M |
| EBITDA Margin % | - | - | - | - | - | -65066.67% | -725.96% | -377.19% | 13.7% | -99.32% | -222.88% | -214.7% | -303.74% | -250.94% | -270.25% | -338.99% | -424.83% | -878.95% | -761.83% | -169.12% |
| EBITDA Growth % | 29.03% | 52.46% | 66.99% | 74.01% | -325.87% | 10.75% | 31.99% | -47.87% | 117.7% | 48.97% | 22.77% | 12.26% | 7.61% | -6.94% | 37.88% | -18.36% | -22.16% | -53.21% | -565.9% | -239.75% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 26.5K | 26.5K | 0 | 0 | 47K | 59K | 38K | 32K | 32K | 32K | 39K | 41K | 47K | 35K | 35K | 46K | 37K |
| EBIT | -1.29M | -928K | -877K | -1.55M | -1.85M | -1.95M | -2.66M | -3.28M | 747K | -2.23M | -3.94M | -3.99M | -4.58M | -4.33M | -5.1M | -4.56M | -4.96M | -4.04M | -4.61M | -3.85M |
| Net Interest Income | 12K | 20K | 30K | 41K | 53K | 73K | 101K | 133K | 160K | 192K | 217K | 236K | 222K | 191K | 102K | 15K | 1K | 1K | 1K | 2K |
| Interest Income | 12K | 20K | 30K | 41K | 53K | 73K | 101K | 133K | 160K | 192K | 217K | 236K | 222K | 191K | 102K | 15K | 1K | 1K | 1K | 2K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 120K | -20K | -11K | -1K | 39K | -34K | 70K | 90K | 78K | 142K | 165K | 175K | 137K | 109K | 48K | -36K | -10K | 12K | 6K | -3K |
| Pretax Income | -1.17M | -928K | -877K | -1.55M | -1.81M | -1.99M | -2.59M | -5.81M | 825K | -2.08M | -3.77M | -3.82M | -4.45M | -4.22M | -5.05M | -4.59M | -4.97M | -4.03M | -8.18M | -3.85M |
| Pretax Margin % | - | - | - | - | - | -66200% | -706.83% | -374.42% | 14.02% | -94.6% | -215.29% | -206.94% | -296.73% | -246.84% | -269.87% | -345.23% | -428.71% | -883.99% | -765.58% | -170.9% |
| 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 | -1.17M | -928K | -877K | -1.55M | -1.81M | -1.99M | -2.59M | -5.81M | 825K | -2.08M | -3.77M | -3.82M | -4.45M | -4.22M | -5.05M | -4.59M | -4.97M | -4.03M | -8.18M | -3.85M |
| Net Margin % | - | - | - | - | - | -66200% | -706.83% | -374.42% | 14.02% | -94.6% | -215.29% | -206.94% | -296.73% | -246.84% | -269.87% | -345.23% | -428.71% | -883.99% | -765.58% | -170.9% |
| Net Income Growth % | 35.18% | 53.27% | 66.1% | 73.34% | -319.15% | 4.66% | 31.45% | -52.28% | 118.55% | 50.59% | 25.3% | 16.95% | 10.56% | -4.59% | 38.27% | -19.29% | -21.17% | -39.05% | 22.45% | -229.23% |
| Net Income (Continuing) | -1.17M | -928K | -877K | -1.55M | -1.81M | -1.99M | -2.59M | -5.81M | 825K | -2.08M | -3.77M | -3.82M | -4.45M | -4.22M | -5.05M | -4.59M | -4.97M | -4.03M | -8.18M | -3.85M |
| 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) | -0.32 | -0.25 | -0.24 | -0.42 | -0.49 | -0.54 | -0.71 | -1.59 | 0.23 | -0.57 | -1.03 | -1.04 | -1.22 | -1.13 | -1.45 | -1.36 | -1.51 | -1.40 | -2.91 | -1.37 |
| EPS Growth % | 34.69% | 53.7% | 66.2% | 73.58% | -313.04% | 5.26% | 31.07% | -52.88% | 118.85% | 49.56% | 28.97% | 23.53% | 19.21% | 19.29% | 50.17% | 0.73% | 15.17% | 12.5% | 53.22% | -42.71% |
| EPS (Basic) | -0.32 | -0.25 | -0.24 | -0.42 | -0.49 | -0.54 | -0.71 | -1.59 | 0.23 | -0.57 | -1.03 | -1.04 | -1.22 | -1.13 | -1.45 | -1.36 | -1.51 | -1.40 | -2.91 | -1.37 |
| Diluted Shares Outstanding | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.64M | 3.48M | 3.37M | 3.3M | 2.87M | 2.81M | 2.81M |
| Basic Shares Outstanding | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.65M | 3.64M | 3.48M | 3.37M | 3.3M | 1.6M | 2.81M | 2.81M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |