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Side-by-side financial comparison of Lucid Diagnostics Inc. (LUCD) and Pineapple Financial Inc. (PAPL). Click either name above to swap in a different company.

Lucid Diagnostics Inc. is the larger business by last-quarter revenue ($1.2M vs $707.3K, roughly 1.7× Pineapple Financial Inc.). Lucid Diagnostics Inc. runs the higher net margin — -858.5% vs -2756.2%, a 1897.7% gap on every dollar of revenue. On growth, Lucid Diagnostics Inc. posted the faster year-over-year revenue change (3.3% vs -4.8%). Over the past eight quarters, Lucid Diagnostics Inc.'s revenue compounded faster (7.9% CAGR vs -2.0%).

Lucid Diagnostics Inc. is a commercial-stage medical diagnostics firm focused on non-invasive screening tests for upper gastrointestinal diseases, including early detection of esophageal cancer and pre-cancerous lesions. It mainly serves healthcare providers and clinical partners across the United States, targeting at-risk patient populations.

LUCD vs PAPL — Head-to-Head

Bigger by revenue
LUCD
LUCD
1.7× larger
LUCD
$1.2M
$707.3K
PAPL
Growing faster (revenue YoY)
LUCD
LUCD
+8.2% gap
LUCD
3.3%
-4.8%
PAPL
Higher net margin
LUCD
LUCD
1897.7% more per $
LUCD
-858.5%
-2756.2%
PAPL
Faster 2-yr revenue CAGR
LUCD
LUCD
Annualised
LUCD
7.9%
-2.0%
PAPL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
LUCD
LUCD
PAPL
PAPL
Revenue
$1.2M
$707.3K
Net Profit
$-10.4M
$-19.5M
Gross Margin
48.9%
Operating Margin
-971.0%
-2518.8%
Net Margin
-858.5%
-2756.2%
Revenue YoY
3.3%
-4.8%
Net Profit YoY
16.0%
-3174.1%
EPS (diluted)
$-0.10
$-1.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LUCD
LUCD
PAPL
PAPL
Q1 26
$707.3K
Q4 25
$721.7K
Q3 25
$1.2M
$730.5K
Q2 25
$1.2M
$746.9K
Q1 25
$828.0K
$743.3K
Q4 24
$1.2M
$766.1K
Q3 24
$1.2M
$598.3K
Q2 24
$976.0K
$736.4K
Net Profit
LUCD
LUCD
PAPL
PAPL
Q1 26
$-19.5M
Q4 25
$-6.4M
Q3 25
$-10.4M
$-1.8M
Q2 25
$-4.4M
$-557.7K
Q1 25
$-26.9M
$-595.4K
Q4 24
$-11.5M
$-656.9K
Q3 24
$-12.4M
$-1.7M
Q2 24
$-11.0M
$-848.6K
Gross Margin
LUCD
LUCD
PAPL
PAPL
Q1 26
48.9%
Q4 25
49.6%
Q3 25
27.8%
Q2 25
67.6%
Q1 25
43.4%
Q4 24
45.9%
Q3 24
43.2%
Q2 24
44.2%
Operating Margin
LUCD
LUCD
PAPL
PAPL
Q1 26
-2518.8%
Q4 25
-909.1%
Q3 25
-971.0%
-131.3%
Q2 25
-978.8%
-93.3%
Q1 25
-1508.1%
-80.6%
Q4 24
-1033.8%
-90.5%
Q3 24
-997.8%
-232.8%
Q2 24
-1146.7%
-121.7%
Net Margin
LUCD
LUCD
PAPL
PAPL
Q1 26
-2756.2%
Q4 25
-891.6%
Q3 25
-858.5%
-250.3%
Q2 25
-381.7%
-74.7%
Q1 25
-3249.8%
-80.1%
Q4 24
-964.2%
-85.7%
Q3 24
-1055.5%
-283.9%
Q2 24
-1127.6%
-115.2%
EPS (diluted)
LUCD
LUCD
PAPL
PAPL
Q1 26
$-1.21
Q4 25
$-4.79
Q3 25
$-0.10
$-0.93
Q2 25
$-0.08
$-0.05
Q1 25
$-0.52
$-1.73
Q4 24
$-0.17
$-2.60
Q3 24
$-0.25
$-11.10
Q2 24
$-0.23
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LUCD
LUCD
PAPL
PAPL
Cash + ST InvestmentsLiquidity on hand
$47.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$25.8M
$27.1M
Total Assets
$53.2M
$48.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LUCD
LUCD
PAPL
PAPL
Q1 26
Q4 25
Q3 25
$47.3M
Q2 25
$31.1M
Q1 25
$25.2M
Q4 24
$22.4M
Q3 24
$14.5M
Q2 24
$24.9M
Stockholders' Equity
LUCD
LUCD
PAPL
PAPL
Q1 26
$27.1M
Q4 25
$-5.5M
Q3 25
$25.8M
$906.7K
Q2 25
$7.9M
$842.6K
Q1 25
$-5.4M
$739.7K
Q4 24
$5.4M
$1.3M
Q3 24
$6.3M
$1.3M
Q2 24
$16.0M
$2.0M
Total Assets
LUCD
LUCD
PAPL
PAPL
Q1 26
$48.9M
Q4 25
$10.6M
Q3 25
$53.2M
$5.4M
Q2 25
$38.7M
$4.7M
Q1 25
$32.8M
$4.0M
Q4 24
$30.7M
$4.1M
Q3 24
$22.6M
$4.1M
Q2 24
$34.1M
$4.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LUCD
LUCD
PAPL
PAPL
Operating Cash FlowLast quarter
$-10.9M
$-3.3M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-462.7%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LUCD
LUCD
PAPL
PAPL
Q1 26
$-3.3M
Q4 25
$-489.7K
Q3 25
$-10.9M
$-507.6K
Q2 25
$-10.5M
$397.0K
Q1 25
$-12.5M
$-172.6K
Q4 24
$-9.9M
$-663.6K
Q3 24
$-10.2M
$-264.7K
Q2 24
$-11.5M
$123.0K
Free Cash Flow
LUCD
LUCD
PAPL
PAPL
Q1 26
$-3.3M
Q4 25
$-491.7K
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-264.7K
Q2 24
$122.7K
FCF Margin
LUCD
LUCD
PAPL
PAPL
Q1 26
-462.7%
Q4 25
-68.1%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-44.2%
Q2 24
16.7%
Capex Intensity
LUCD
LUCD
PAPL
PAPL
Q1 26
0.0%
Q4 25
0.3%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
0.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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