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PULM logoPulmatrix, Inc. (PULM) Earnings History

Annual and quarterly earnings data from 2012 to 2025

TTM Net Income
-$5M
Net Loss
TTM EPS
$-1.41
Diluted
YoY EPS Growth
+46.2%
Excellent
Net Margin
N/A
Profitability
Operating MarginN/A
Gross MarginN/A
ROE-80.9%
ROA-73.3%
Highest Annual Net Income-$30,000 (2012)
Highest Quarterly EPS$0.23 (Q1 2024)
Consecutive Profitable Years0 years
Q4 2025
Net Income-$928,000
EPS$-0.25
QoQ Growth-5.8%Slow

Loading earnings history...

PULM EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

PULM Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
2025---
20248.2%-125.1%-122.5%
2023-112.6%-202.0%-193.5%
2022-200.4%-312.1%-310.3%
2021-197.6%-390.2%-390.2%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Pulmatrix, Inc. (PULM) Earnings Overview

As of May 8, 2026, Pulmatrix, Inc. (PULM) reported trailing twelve-month net income of -$5M, reflecting +46.2% year-over-year growth. The company earned $-1.41 per diluted share over the past four quarters.

Looking at the long-term picture, PULM's historical earnings data spans multiple years. The company achieved its highest annual net income of -$30,000 in fiscal 2012.

Pulmatrix, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including INVA ($504M net income, 63.8% margin), PRAX (-$327M net income), NKTR (-$164M net income, -297.1% margin), PULM has comparable earnings metrics. Compare PULM vs INVA →

PULM Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
PULM logoPULMCurrent
-$5M$-1.41--80.9%+46.2%—
INVA logoINVA
$504M$5.9463.8%29.1%+816.7%
PRAX logoPRAX
-$327M$-11.31--45.8%-32.0%
NKTR logoNKTR
-$164M$-8.08-297.1%-217.9%-12.1%
INSM logoINSM
-$1.3B$-5.98-210.5%-249.3%-15.1%
ARWR logoARWR
-$301M$-2.11-0.2%-0.5%+99.8%
Best in group
Lowest in group

PULM Historical Earnings Data (2012–2025)

14 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$5M+46.0%-$5M$-1.41--
2024-$10M+32.3%-$10M$-2.62-122.5%-125.1%
2023-$14M+25.0%-$15M$-3.87-193.5%-202.0%
2022-$19M+6.6%-$19M$-5.43-310.3%-312.1%
2021-$20M-4.5%-$20M$-8.63-390.2%-390.2%
2020-$19M+6.3%-$10M$-19.83-152.8%-78.1%
2019-$21M-0.2%-$21M$-24.37-260.4%-261.6%
2018-$21M-13.9%-$20M$-99.67-13439.9%-13333.3%
2017-$18M+35.2%-$17M$-186.42-5389.9%-5216.4%
2016-$28M-6.4%-$25M$-375.87-3334.5%-2978.0%

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Compare PULM vs DBVT

Side-by-side business, growth, and profitability comparison vs DBV Technologies S.A..

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PULM — Frequently Asked Questions

Quick answers to the most common questions about buying PULM stock.

Is PULM growing earnings?

PULM EPS is $-1.41, with earnings growth accelerating to +46.2%. This exceeds the 5-year CAGR of N/A. TTM net income reached $-5M.

What are PULM's profit margins?

Pulmatrix, Inc. net margin is N/A, with operating margin at N/A. Below-average margins reflect competitive or cost pressures.

How consistent are PULM's earnings?

PULM earnings data spans 2012-2025. The accelerating earnings trend is +46.2% YoY. Historical data enables comparison across business cycles.

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PULM Earnings Over Time (2014–2025)

Net income and EPS trends