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Pulse Biosciences (PLSE) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 5, 2025

Pulse Biosciences (PLSE) reported revenue of $86K for the third quarter 2025 (Q3 2025).

Revenue$86K
Year over year—
Quarter over quarter—
Operating margin—
Net earnings−$19.4M

Pulse Biosciences, Q3 2025: revenue $86K, net loss $19.4M, operating cash flow −$13.0M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$86K——
Operating profit−$20.4M——
Net earnings−$19.4M——
Operating cash flow−$13.0M——

What changed

Revenue was $86K in Q3 2025.

Operating costs exceeded revenue by $20.4M, an operating margin of -23682.6%. The quarter ended with a net loss of $19.4M.

Operating cash flow was −$13.0M. Non-cash charges added back $266K of depreciation and amortization and $5.6M of share-based compensation. Capital expenditures of $62K exceeded it, leaving free cash flow of −$13.1M.

Questions

What was Pulse Biosciences' revenue in the third quarter 2025?

Pulse Biosciences (PLSE) reported revenue of $86K for the third quarter 2025 (Q3 2025).

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Source: Pulse Biosciences 10-Q on SEC EDGAR.