Q1 2026 Pulmonx Corp Earnings Call Transcript

Apr 29, 2026 / 08:30 PM GMT

Release Date Price: €1.04 (-2.80%)

Transcript 10-Q8-K

Key Points

Positve

Pulmonx Corp (LUNG) reported total worldwide revenue of $20.6 million for Q1 2026, showing operational momentum.
The company is confident in achieving its full-year 2026 revenue guidance of $90 million to $92 million.
Pulmonx Corp (LUNG) has made substantial progress in aligning its cost structure, reducing operating expenses by over 10%.
The gross margin for Q1 2026 increased to 78% from 73% in the prior-year period.
The company added 15 new U.S. treating centers during the quarter, indicating expansion in its domestic market.

Negative

Total worldwide revenue decreased by 9% compared to the same period last year.
U.S. revenue in Q1 2026 decreased by 7% compared to the prior year.
International revenue decreased by 12% due to the absence of sales to the distributor in China.
The company is awaiting the renewal of its Chinese registration certificate, impacting sales in China.
Net loss for Q1 2026 was $13.7 million, slightly improved from a net loss of $14.4 million in the prior year.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LUNG.OQ - Pulmonx Corp
Q1 2026 Pulmonx Corp Earnings Call
Apr 29, 2026 / 08:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day, and thank you for standing by. Welcome to the Pulmonix First Quarter 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. To participate, you will need to press *11 on your telephone. You will then hear a message advising your hand is raised.

To withdraw the question, press *11 again. Please be advised that today's conference is being recorded. Now it's my pleasure to hand the conference to Brian Johnston with Investor Relations. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.