Pulse Biosciences, Inc

PLSE Healthcare Medical Instruments & Supplies

Pulse Biosciences, Inc’s revenue for fiscal 2025 (year ended December 2025) was $350,000.00, down 50.0% from fiscal 2022.

Revenue
+359.3%
EPS
−10.3%
Free cash flow
−1,180.5%

Quarter to September 2026, against a year earlier

53.15 3.91 −6.85%
Market cap
$3.9B
P/E
0.0×
Fwd P/E
−38.1×
Dividend yield
—
F-score
n/a
Altman Z
31.41
Beneish M
n/a
Dividend safety
n/a

Pulse Biosciences, Inc (PLSE) Gross margin

Alert me on Gross margin

Pulse Biosciences, Inc's gross margin over the twelve months to 30 September 2026 was 26.8%, up 80.8 percentage points from fiscal 2025 (−54.0%). Over the past ten years it has ranged from −1,606.3% (fiscal 2022) to 0.00% (fiscal 2020); the current reading is higher than 25% of that period. That is below the Medical Instruments & Supplies industry median of 53.6% and below the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 −54.0% 1,552.29
FY2022 −1,606.3% (1,567.50)
FY2021 −38.8% (38.79)
FY2020 0.00% 0.00
FY2019 0.00% 0.00
FY2018 0.00% 0.00
FY2017 0.00% 0.00
FY2016 0.00% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 51.7% 14.55
Jun 2026 37.1% 29.37
Mar 2026 7.73% 6.21
Dec 2025 1.52% 225.94
17 more quarters

Against its own ten years

Low −1,606.3% High 0.00%
Ten-year median 0.00%
Current reading's percentile 25

Gross margin against peers

Company Gross margin
ATRC AtriCure, Inc. compare 76.7%
NVST Envista Holdings Corporation compare 55.9%
TFX Teleflex Incorporated compare 54.9%
WRBY Warby Parker Inc. compare 54.8%
MMED MiniMed Group, Inc. compare 53.6%
MMSI Merit Medical Systems, Inc. compare 49.4%
ICUI ICU Medical, Inc. compare 40.3%
STVN Stevanato Group S.p.A. compare 29.1%
PLSE Pulse Biosciences, Inc 26.8%
Medical Instruments & Supplies industry median 53.6%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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