Company Overview
Pulmatrix, Inc., a biopharmaceutical company, focused on development of novel inhaled therapeutic products to prevent and treat migraine and respiratory diseases with unmet medical needs in the United States. The company offers iSPERSE, an engineered dry powder delivery platform, which enables delivery of small or large molecule drugs to the lungs by inhalation for local or systemic applications. It engages in developing PUR1800, a narrow spectrum kinase inhibitor completed Phase 1b clinical trials for the treatment of acute exacerbations in chronic obstructive pulmonary disease; PUR1900 for the treatment of allergic bronchopulmonary aspergillosis in patients with asthma and cystic fibrosis; and PUR3100, an iSPERSE formulation of dihydroergotamine which is in Phase 1 for the treatment of acute migraine. It has a license agreement with RespiVert Ltd. for access to a portfolio of kinase inhibitor compounds. The company was founded in 2003 and is headquartered in Framingham, Massachusetts.
Why Investors Should Care
Carries low leverage with a debt-to-equity ratio of 0.00.
Recent Developments
- Trailing 12 Months Year-on-year growth — revenue -100.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | - |
| 1 Year: | -100.00% |
Stock Price Performance
| 1 Year: | -70.00% |
| 6 Months: | -31.95% |
| 3 Months: | -1.76% |
| 1 Month: | -15.96% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)37.30 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
No notable strengths flagged.
CONS
- Trading 73.1% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PULM Pulmatrix, Inc. PHARMA | 1.40 | -1.27 | $5.11M | 0.00% | -135.67% | -98.35% | - | - |
| 2 | LLY Eli Lilly and Company SPXR3KPHARMA | 1,123.91 | 37.80 | $1.00T | 0.60% | - | 102.29% | 7.20% | 11.41% |
| 3 | JNJ Johnson & Johnson SPXR3KPHARMA | 269.12 | 31.22 | $648.55B | 1.98% | 14.88% | 25.74% | 2.43% | 4.76% |
| 4 | ABBV AbbVie Inc. SPXR3KPHARMA | 248.78 | 70.48 | $439.62B | 2.78% | 10.47% | -129.24% | 1.75% | -29.06% |
| 5 | MRK Merck & Co., Inc. SPXR3KPHARMA | 148.46 | 118.77 | $366.28B | 2.31% | - | 6.96% | 5.64% | 10.01% |
| 6 | UNH UnitedHealth Group Incorporated SPXR3KPHARMA | 400.84 | 25.74 | $359.79B | 2.47% | 9.74% | 14.15% | 10.40% | 5.43% |
| 7 | NVS Novartis AG PHARMA | 137.70 | 20.80 | $261.73B | 3.36% | 21.09% | 30.35% | 9.25% | 26.22% |
| 8 | AZN AstraZeneca PLC NDXPHARMA | 160.04 | 23.99 | $248.20B | 2.00% | 15.97% | 21.96% | 9.82% | 45.96% |
| 9 | TMO Thermo Fisher Scientific Inc. SPXR3KPHARMA | 603.02 | 32.49 | $222.97B | 0.29% | 8.14% | 13.51% | 8.81% | 12.95% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.82M | 1.41M | 2.76M | 3.50M | 4.37M | 1.39M | 2.25M | 1.07M | 1.16M | 1.33M | 1.87M | 1.50M | 1.84M | 1.75M | 5.88M | 1.55M | 366.00K | - | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.85M | 1.55M | 866.00K | 908.00K | 1.29M |
| Operating Income | -2.45M | -2.59M | -1.72M | -2.75M | -11.32M | -4.66M | -5.44M | -8.97M | -3.00M | -3.31M | -5.43M | -4.30M | -5.11M | -6.13M | -4.83M | -5.11M | -4.96M | -7.95M | -3.68M | -4.74M | -1.17M | -1.28M | -4.08M | -3.85M | -8.19M | -4.96M | -4.56M | -5.10M | -4.58M | -3.99M | -3.94M | 747.00K | -5.90M | -2.66M | - | -1.85M | -1.55M | -866.00K | -908.00K | -1.29M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.85M | -1.55M | -866.00K | -908.00K | -1.29M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.81M | -1.55M | -877.00K | -928.00K | -1.17M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | -6.94M | -11.13M | -1.71M | -1.80M | -14.90M | -4.93M | -5.67M | -9.19M | -3.16M | -3.48M | -5.60M | -4.45M | -5.22M | -6.19M | -4.82M | -5.22M | -5.16M | -7.84M | -3.56M | -4.69M | -1.17M | -10.55M | -4.10M | -3.85M | -8.18M | -4.97M | -4.59M | -5.05M | -4.45M | -3.82M | -3.77M | 825.00K | -5.81M | -2.59M | - | -1.81M | -1.55M | -877.00K | -928.00K | -1.17M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.36 | -1.45 | -1.22 | -1.04 | -1.03 | 0.23 | -1.59 | -0.71 | - | -0.50 | -0.42 | -0.24 | - | -0.32 |
| R&D Expense | 1.73M | 1.93M | 619.00K | 918.00K | 1.61M | 2.19M | 3.43M | 2.44M | 1.51M | 1.67M | 3.36M | 2.62M | 3.22M | 4.01M | 3.06M | 3.22M | 2.18M | 3.16M | 3.30M | 5.29M | 3.18M | 3.87M | 3.86M | 4.54M | 4.03M | 4.15M | 4.34M | 5.29M | 3.87M | 4.17M | 3.96M | 3.51M | 2.83M | 814.00K | - | 19.00K | 14.00K | 8.00K | - | 3.00K |
Profit & Loss (Annual)
Figures in USD.
| Metric | Mar 2014 | Dec 2014 | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 352.00K | 0 | 1.20M | 835.00K | 335.00K | 153.00K | 7.91M | 12.63M | - | 6.07M | 7.30M | 7.81M | 0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | 25.02M | 22.04M | 14.95M | 5.17M |
| Operating Income | -3.12M | -9.08M | -6.71M | -23.02M | -24.87M | -17.48M | -20.40M | -20.69M | -9.86M | - | -18.95M | -14.74M | -7.14M | -5.17M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | -17.40M | -13.27M | -6.71M | -5.17M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | -18.84M | -14.12M | -9.56M | -5.16M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | -3.12M | -24.14M | -6.69M | -26.17M | -27.84M | -18.06M | -20.56M | -20.60M | -19.31M | - | -18.84M | -14.12M | -9.56M | -5.16M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | -5.46 | -3.87 | -2.62 | -1.41 |
| R&D Expense | 1.38M | 6.59M | 2.18M | 7.19M | 10.15M | 10.24M | 12.97M | 12.85M | 15.61M | 15.38M | 18.24M | 15.52M | 7.17M | 38.00K |
Balance Sheet (Annual)
Figures in USD.
| Metric | Mar 2013 | Dec 2013 | Mar 2014 | Dec 2014 | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 15.58M | 1.55M | 10.68M | 44.87M | 16.66M | 15.98M | 14.72M | 36.10M | 38.09M | - | 40.95M | 33.96M | 9.94M | 4.14M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | 38.15M | 20.84M | 9.92M | 4.13M |
| Cash & Equivalents | - | 1.43M | - | 451.00K | - | 18.90M | 4.18M | 3.55M | 2.56M | 23.44M | 31.66M | - | 35.63M | 19.17M | 9.52M | 4.09M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | 67.00K | 1.30M | 928.00K | 0 | - |
| Total Liabilities | - | - | - | 44.77M | - | 12.27M | 7.90M | 5.84M | 2.88M | 25.08M | 14.96M | - | 9.84M | 15.96M | 996.00K | 329.00K |
| Current Liabilities | - | - | 947.00K | 43.46M | 635.00K | 3.60M | 4.65M | 5.84M | 2.88M | 17.20M | 8.18M | - | 5.02M | 3.91M | 929.00K | 329.00K |
| Long Term Debt | - | - | - | - | - | 5.69M | 3.22M | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | 2.29M | 857.00K | 8.76M | 0 | - |
| Total Equity | 47.00K | -74.84M | 14.63M | -78.79M | 10.04M | 32.61M | 8.76M | 10.14M | 11.84M | 11.02M | 23.14M | - | 31.11M | 18.00M | 8.95M | 3.81M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | 3.64M | 3.65M | 3.65M | 3.65M |
Cash Flows (Annual)
Figures in USD.
| Metric | Mar 2014 | Dec 2014 | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | - | - | -14.48M | -16.76M | 3.23M | -12.48M | - | -19.36M | -15.98M | -10.72M | -5.43M |
| Investing Cash Flow | - | - | - | - | - | -74.00K | -19.00K | -58.00K | -281.00K | - | -86.00K | -676.00K | -398.00K | 0 |
| Financing Cash Flow | - | - | - | - | - | 13.92M | 15.79M | 17.70M | 20.98M | 43.48M | 1.23M | 53.00K | 0 | - |
| Capital Expenditure | -0 | -285.00K | -156.00K | -266.00K | -455.00K | -74.00K | -19.00K | -58.00K | -281.00K | -144.00K | -86.00K | -676.00K | -398.00K | - |
| Free Cash Flow | - | - | - | - | - | -14.55M | -16.78M | 3.17M | -12.76M | - | -19.44M | -16.66M | -11.11M | -5.43M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | -18.21M | -16.61M | -11.11M | -5.43M |
Ratios (Annual)
Figures in %.
| Metric | Mar 2014 | Dec 2014 | Mar 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | - | -2,578.4% | - | -1,916.6% | -2,978.0% | -5,216.4% | -13,333.3% | -261.6% | -78.1% | - | -312.1% | -202.0% | -91.5% | - |
| Net Margin % | - | -6,859.1% | - | -2,178.8% | -3,334.5% | -5,389.9% | -13,439.9% | -260.4% | -152.8% | - | -310.3% | -193.5% | -122.5% | - |
| ROE % | -21.3% | 30.6% | -66.6% | -80.3% | -317.8% | -178.1% | -173.6% | -186.9% | -83.4% | - | -60.5% | -78.5% | -106.8% | -135.5% |
| ROCE % | -21.3% | 21.7% | -66.8% | -55.8% | -207.0% | -172.4% | -172.2% | -109.5% | -33.0% | - | -52.7% | -49.1% | -79.3% | -135.7% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Renaissance Technologies, LLC | 3.36% | 122.70K | $176.69K |
| 2 | Blackrock Inc. | 1.50% | 54.90K | $79.05K |
| 3 | Geode Capital Management, LLC | 0.91% | 33.30K | $47.95K |
| 4 | Vanguard Capital Management LLC | 0.88% | 32.29K | $46.50K |
| 5 | SBI Securities Co., Ltd. | 0.86% | 31.29K | $45.05K |
| 6 | Shay Capital LLC | 0.52% | 18.86K | $27.15K |
| 7 | Vanguard Fiduciary Trust Co | 0.40% | 14.71K | $21.19K |
| 8 | State Street Corporation | 0.38% | 13.95K | $20.08K |
| 9 | Xtx Topco Ltd | 0.33% | 11.99K | $17.27K |
| 10 | UBS Group AG | 0.01% | 515 | $741 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PULM
Pulmatrix Announces Closing of Preferred Stock Transaction as Part of Planned Merger - PR Newswire
<a href="https://news.google.com/rss/articles/CBMi1wFBVV95cUxOMjUzb01IZUJjRlhfd2RzTlVTaURJMkIzeFpXdWl4OGs4VDFlOTZDZXUtXzc5dVJSbXlTNFFmUVZhNlduQm1POTNTTk1Mb3ZFU0t4QWlBQzZpYmI5b3dubHZWQkNVUW04cjlTQkVDUnhabWVlLUtWNWpoMmlsaUg0UXA4NVg1UkppNWljbH…
Pulmatrix Inc (NASDAQ: PULM) Share Price, PULM Stock News, PULM Share Price & Updates - kalkine.com.au
<a href="https://news.google.com/rss/articles/CBMiVkFVX3lxTE8tM20xS3hSNE43XzM5UW9MV2FBdjUyQ3ZQLVc2Mm1KTUpuYW1yTnlCZ0NsZm9XWGctWHBPajJiN3ktZkUwQ29FVzV2c1BSdV8zS1p5dWRn?oc=5" target="_blank">Pulmatrix Inc (NASDAQ: PULM) Share Price, PULM Stoc…
PULM Stock Alert: Halper Sadeh LLC is Investigating Whether Pulmatrix, Inc. is Obtaining a Fair Price for its Shareholders - Business Wire
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Pulmatrix (PULM) Holds at $1.66 as Trading Range Between $1.58 and $1.74 Defines Action - Last Point Support - vinanet.vn
<a href="https://news.google.com/rss/articles/CBMivAFBVV95cUxOUjE0WDYtbWY5SWRYM2VkQndabGNFbW1UUjJWMEdCR3JmZEUyUkZrczB0dUhNUlFWTkJwc21MeG1qRVRQazEwdVhyRF9EM3JadXRfT0Z0WHFwdmQwZUEzUFp0ZUpzNnR4VTJEZ0JVOWhoSXpzX1pYSlVLbzVsTjB6S0F2S3Bzb3g2M1F4MH…
Pulmatrix Inc (PULM) Shareholder Structure: Major Shareholders & Institutional Holdings - TradingKey
<a href="https://news.google.com/rss/articles/CBMiZ0FVX3lxTE5sVlBJeVFFcjlwTjJ2bDNBV1B2QTFPNjBIZlQxa1FiWUtrVGx1TmRJV2xlbm9wYkxHbzFnZmVpVDFXZUJ0TjN1WkxzemxtMjBISVhfTWs3MmhQZmdva0p4S1hkdnZHZm8?oc=5" target="_blank">Pulmatrix Inc (PULM) Shareho…
PULM Q2 2025 Earnings: Net Loss Reported, Stock Rises as Investors Look Past Revenue Absence - Share Repurchase Impact - po-news-eg.net
<a href="https://news.google.com/rss/articles/CBMizgFBVV95cUxORlBJOWstd2tNRjBsQ2E2eElab0NhTWR5MExvX3luYXYwVmhmNW5OaldkSE9WUUpGUDN2S2J2TXBoaXI4Qk5oV1JNdnMyYzV3SE5ULXhUY092eTdjX1FoZXNLSDQwY3Z4N2xIb3EtWnFvTkxwUGVqeFJGbjRJVTNtbFZ3dHFfd1lHOFhCYz…
PULM — Frequently Asked Questions
What is the current share price of Pulmatrix, Inc. (PULM)?
As of 2026-09-19 21:16 PDT, Pulmatrix, Inc. (PULM) trades at $1.40 on NasdaqCM. Its 52-week range is $1.19 to $5.19.
What is the market capitalisation of PULM?
Pulmatrix, Inc. (PULM) has a market capitalisation of $5.11M on NasdaqCM.
What is the P/E ratio of PULM?
PULM trades at a trailing price-to-earnings (P/E) ratio of -1.27. The industry average P/E is 24.83. Its price-to-book (P/B) ratio is 3.30.
What is the return on equity (ROE) of PULM?
PULM has a return on equity (ROE) of -98.35%. Its return on capital employed (ROCE) is -135.67%.
Is PULM a good stock to buy?
This page provides a data-driven analysis of Pulmatrix, Inc. (PULM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.