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PLSE (Pulse Biosciences, Inc.) Stock Financials & Earnings | Market Cap Arena
PLSE
Pulse Biosciences, Inc.
Mkt Cap
$1B
Healthcare
·
Medical - Instruments & Supplies
·
🇺🇸 United States
·
NASDAQ
Revenue (TTM)
$350,000
Net Income (TTM)
-$73M
EPS (TTM)
-$1.08
Free Cash Flow (TTM)
-$54M
Gross Margin
-204.3%
Op. Margin
-21982.6%
Net Margin
-20794.6%
FCF Margin
-15553.4%
P/S Ratio (TTM)
3714.7x
P/E Ratio (TTM)
—
YoY Rev Growth
—
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$0
$0
-$10M
Q2 23
$0
$0
-$10M
Q3 23
$0
$0
-$11M
Q4 23
$0
$0
-$13M
Q1 24
$0
-$299K
-$11M
Q2 24
$0
$0
-$12M
Q3 24
$0
$0
-$14M
Q4 24
$0
$0
-$20M
Q1 25
$0
$0
-$18M
Q2 25
$0
-$267K
-$20M
Q3 25
$86K
-$193K
-$20M
Q4 25
$264K
-$255K
-$18M
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Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
5078.7x
—
Q2 23
—
—
Q3 23
—
—
Q4 23
—
—
Q1 24
—
—
Q2 24
—
—
Q3 24
—
—
Q4 24
—
—
Q1 25
—
—
Q2 25
—
—
Q3 25
15118.0x
—
Q4 25
3714.7x
—
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$7M
-$7M
Q2 23
-$9M
-$9M
Q3 23
-$10M
-$11M
Q4 23
-$7M
-$7M
Q1 24
-$10M
-$10M
Q2 24
-$8M
-$8M
Q3 24
-$9M
-$9M
Q4 24
-$9M
-$9M
Q1 25
-$14M
-$14M
Q2 25
-$13M
-$13M
Q3 25
-$13M
-$13M
Q4 25
-$15M
-$15M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$39K
Q2 23
$16K
Q3 23
$23K
Q4 23
$43K
Q1 24
$5K
Q2 24
$29K
Q3 24
$38K
Q4 24
$53K
Q1 25
$45K
Q2 25
$103K
Q3 25
$62K
Q4 25
$105K
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
-100.0%
-46.0%
Q2 23
-100.0%
-28.4%
Q3 23
—
-37.6%
Q4 23
+100.0%
+43.5%
Q1 24
—
+11.0%
Q2 24
—
+14.7%
Q3 24
—
+21.4%
Q4 24
—
+61.7%
Q1 25
—
+70.0%
Q2 25
—
+72.9%
Q3 25
—
+49.8%
Q4 25
—
-8.6%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$896K
—
Q2 23
$1M
—
Q3 23
$2M
—
Q4 23
$3M
—
Q1 24
$2M
—
Q2 24
$2M
—
Q3 24
$3M
—
Q4 24
$7M
—
Q1 25
$6M
—
Q2 25
$5M
—
Q3 25
$6M
6531.4%
Q4 25
$5M
1882.6%
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OpEx Breakdown
R&D
G&A
SG&A
Quarter
R&D
G&A
SG&A
Q1 23
$6M
$4M
—
Q2 23
$7M
$4M
—
Q3 23
$7M
$4M
—
Q4 23
$8M
$5M
—
Q1 24
$7M
$4M
—
Q2 24
$7M
$4M
—
Q3 24
$8M
$6M
—
Q4 24
$11M
$10M
—
Q1 25
$10M
$8M
—
Q2 25
$12M
$8M
—
Q3 25
$11M
—
$9M
Q4 25
$11M
—
$7M
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Revenue Segments
Quarter
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Revenue by Geography
Quarter
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War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$54M
$0
$54M
Q2 23
$59M
$0
$59M
Q3 23
$50M
$0
$50M
Q4 23
$44M
$0
$44M
Q1 24
$35M
$0
$35M
Q2 24
$26M
$0
$26M
Q3 24
$79M
$0
$79M
Q4 24
$118M
$0
$118M
Q1 25
$119M
$0
$119M
Q2 25
$106M
$0
$106M
Q3 25
$95M
$0
$95M
Q4 25
$81M
$0
$81M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
37M
+0.4%
Q2 23
45M
+19.0%
Q3 23
55M
+23.4%
Q4 23
55M
+0.2%
Q1 24
55M
+0.2%
Q2 24
57M
+3.6%
Q3 24
61M
+6.8%
Q4 24
58M
-4.4%
Q1 25
67M
+14.9%
Q2 25
67M
+0.2%
Q3 25
67M
+0.2%
Q4 25
67M
+0.0%
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Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
—
—
FY 15
—
—
FY 16
$0
13
FY 17
$0
33
FY 18
$0
54
FY 19
$0
82
FY 20
$0
95
FY 21
$10K
142
FY 22
$11K
61
FY 23
$0
56
FY 24
$0
75
FY 25
$3K
116
marketcaparena.com