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Pulse Biosciences (PLSE) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

Pulse Biosciences (PLSE) reported revenue of $395K for the third quarter 2026 (Q3 2026), +359% from a year earlier and -9% from the quarter before.

Revenue$395K
Year over year+359%
Quarter over quarter-9%
Operating margin—
Net earnings−$23.1M

Pulse Biosciences, Q3 2026: revenue $395K (+359% year over year), net loss $23.1M, operating cash flow −$15.3M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$395K-9%+359%
Operating profit−$24.3M——
Net earnings−$23.1M——
Operating cash flow−$15.3M——

What changed

Revenue was $395K in Q3 2026, up 359% year over year and down 9% from the previous quarter.

Operating costs exceeded revenue by $24.3M, an operating margin of -6149.9%. Total costs grew 21% against revenue growth of 359%. The fastest-growing cost line was Research & development (+48%). The quarter ended with a net loss of $23.1M, narrower than the previous quarter's $24.7M loss.

Operating cash flow was −$15.3M. Non-cash charges added back $261K of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items added $2.2M. Capital expenditures of $142K exceeded it, leaving free cash flow of −$15.4M.

Questions

What was Pulse Biosciences' revenue in the third quarter 2026?

Pulse Biosciences (PLSE) reported revenue of $395K for the third quarter 2026 (Q3 2026), +359% from a year earlier and -9% from the quarter before.

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Source: Pulse Biosciences 10-Q on SEC EDGAR.