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Lyell Immunopharma vs Pulmatrix: LYEL and PULM compared

Lyell Immunopharma is the larger company: $3K of revenue in its latest quarter (Q3 2026) against $3K for Pulmatrix (Q4 2024). Lyell Immunopharma is growing faster (-80% against -100% a year earlier).

Lyell Immunopharma vs Pulmatrix, latest quarterLyell Immunopharma vs Pulmatrix, latest quarterLyell Immunopharma (LYEL)Pulmatrix (PULM)Revenue$3K$3KRevenue growth, Y/Y-80%-100%Operating marginn/mn/m

Where the money goes: LYEL and PULM

Lyell Immunopharma (LYEL) · Q3 2026

Lyell Immunopharma, Q3 2026: revenue $3K (-80% year over year), net loss $45.5M, operating cash flow −$34.6M. The chart follows the revenue to costs, profit and cash.

Pulmatrix (PULM) · Q4 2024

Pulmatrix, Q4 2024: revenue $3K (-100% year over year), net loss $2.0M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.

Lyell Immunopharma (LYEL)Pulmatrix (PULM)
Latest quarterQ3 2026Q4 2024
Revenue$3K$3K
Revenue growth, Y/Y-80%-100%
Operating marginn/mn/m
Net earnings−$45.5M−$2.0M
Operating cash flow−$34.6M−$1.3M

Questions

Which is bigger, Lyell Immunopharma or Pulmatrix?

Lyell Immunopharma is the larger company: $3K of revenue in its latest quarter (Q3 2026) against $3K for Pulmatrix (Q4 2024).

Is Lyell Immunopharma or Pulmatrix growing faster?

Lyell Immunopharma is growing faster (-80% against -100% a year earlier).

More: Lyell Immunopharma earnings · how Lyell Immunopharma makes money · Pulmatrix earnings · how Pulmatrix makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-K filed Mar 21, 2025). Fiscal quarters can end on different dates. Not investment advice.