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Side-by-side financial comparison of Pulmonx Corp (LUNG) and Rent the Runway, Inc. (RENT). Click either name above to swap in a different company.

Pulmonx Corp is the larger business by last-quarter revenue ($20.6M vs $10.6M, roughly 1.9× Rent the Runway, Inc.). Rent the Runway, Inc. runs the higher net margin — 721.7% vs -66.3%, a 788.0% gap on every dollar of revenue. On growth, Rent the Runway, Inc. posted the faster year-over-year revenue change (10.4% vs -8.7%). Over the past eight quarters, Rent the Runway, Inc.'s revenue compounded faster (1.0% CAGR vs -0.5%).

Pulmonx Corp is a global medical tech firm focused on interventional pulmonology solutions. It develops minimally invasive endobronchial valves to treat severe COPD and emphysema, with products sold across North America, Europe, and Asia-Pacific for patients with advanced lung conditions.

Rent the Runway is an American e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories. It was founded in November 2009 by Jennifer Hyman and Jennifer Fleiss and is based in New York City.

LUNG vs RENT — Head-to-Head

Bigger by revenue
LUNG
LUNG
1.9× larger
LUNG
$20.6M
$10.6M
RENT
Growing faster (revenue YoY)
RENT
RENT
+19.1% gap
RENT
10.4%
-8.7%
LUNG
Higher net margin
RENT
RENT
788.0% more per $
RENT
721.7%
-66.3%
LUNG
Faster 2-yr revenue CAGR
RENT
RENT
Annualised
RENT
1.0%
-0.5%
LUNG

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
LUNG
LUNG
RENT
RENT
Revenue
$20.6M
$10.6M
Net Profit
$-13.7M
$76.5M
Gross Margin
77.9%
-126.4%
Operating Margin
-40.9%
-152.8%
Net Margin
-66.3%
721.7%
Revenue YoY
-8.7%
10.4%
Net Profit YoY
5.5%
504.8%
EPS (diluted)
$-0.33
$13.65

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
LUNG
LUNG
RENT
RENT
Q1 26
$20.6M
Q4 25
$22.6M
$10.6M
Q3 25
$21.5M
$11.7M
Q2 25
$23.9M
$7.6M
Q1 25
$22.5M
$11.8M
Q4 24
$23.8M
$9.6M
Q3 24
$20.4M
$10.4M
Q2 24
$20.8M
$8.9M
Net Profit
LUNG
LUNG
RENT
RENT
Q1 26
$-13.7M
Q4 25
$-10.4M
$76.5M
Q3 25
$-14.0M
$-26.4M
Q2 25
$-15.2M
$-26.1M
Q1 25
$-14.4M
$-13.4M
Q4 24
$-13.2M
$-18.9M
Q3 24
$-14.1M
$-15.6M
Q2 24
$-15.3M
$-22.0M
Gross Margin
LUNG
LUNG
RENT
RENT
Q1 26
77.9%
Q4 25
77.6%
-126.4%
Q3 25
74.7%
-92.3%
Q2 25
72.1%
-168.4%
Q1 25
72.5%
-71.2%
Q4 24
74.0%
-122.9%
Q3 24
73.7%
-98.1%
Q2 24
73.7%
-131.5%
Operating Margin
LUNG
LUNG
RENT
RENT
Q1 26
-40.9%
Q4 25
-43.8%
-152.8%
Q3 25
-66.9%
-171.8%
Q2 25
-62.0%
-259.2%
Q1 25
-64.6%
-65.3%
Q4 24
-56.5%
-142.7%
Q3 24
-69.3%
-92.3%
Q2 24
-75.2%
-185.4%
Net Margin
LUNG
LUNG
RENT
RENT
Q1 26
-66.3%
Q4 25
-46.1%
721.7%
Q3 25
-64.9%
-225.6%
Q2 25
-63.6%
-343.4%
Q1 25
-64.1%
-113.6%
Q4 24
-55.4%
-196.9%
Q3 24
-69.4%
-150.0%
Q2 24
-73.7%
-247.2%
EPS (diluted)
LUNG
LUNG
RENT
RENT
Q1 26
$-0.33
Q4 25
$-0.25
$13.65
Q3 25
$-0.34
$-6.55
Q2 25
$-0.38
$-6.58
Q1 25
$-0.36
$-2.72
Q4 24
$-0.33
$-4.70
Q3 24
$-0.36
$-4.17
Q2 24
$-0.39
$-6.03

Balance Sheet & Financial Strength

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

Metric
LUNG
LUNG
RENT
RENT
Cash + ST InvestmentsLiquidity on hand
$61.6M
$50.7M
Total DebtLower is stronger
$37.3M
Stockholders' EquityBook value
$45.8M
$-35.1M
Total Assets
$120.0M
$231.0M
Debt / EquityLower = less leverage
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LUNG
LUNG
RENT
RENT
Q1 26
$61.6M
Q4 25
$69.8M
$50.7M
Q3 25
$76.5M
$43.6M
Q2 25
$75.5M
$70.4M
Q1 25
$74.6M
$77.4M
Q4 24
$70.9M
$74.1M
Q3 24
$63.3M
$76.6M
Q2 24
$63.5M
$82.0M
Total Debt
LUNG
LUNG
RENT
RENT
Q1 26
$37.3M
Q4 25
$37.1M
Q3 25
$37.1M
Q2 25
$37.1M
$340.6M
Q1 25
$37.2M
$333.7M
Q4 24
$37.2M
Q3 24
$37.2M
Q2 24
$37.2M
Stockholders' Equity
LUNG
LUNG
RENT
RENT
Q1 26
$45.8M
Q4 25
$54.1M
$-35.1M
Q3 25
$60.0M
$-232.1M
Q2 25
$69.1M
$-207.1M
Q1 25
$77.7M
$-182.5M
Q4 24
$85.8M
$-171.2M
Q3 24
$93.9M
$-154.5M
Q2 24
$101.2M
$-141.3M
Total Assets
LUNG
LUNG
RENT
RENT
Q1 26
$120.0M
Q4 25
$129.3M
$231.0M
Q3 25
$138.3M
$219.0M
Q2 25
$147.2M
$245.3M
Q1 25
$150.7M
$240.0M
Q4 24
$162.8M
$251.6M
Q3 24
$167.4M
$257.4M
Q2 24
$172.6M
$278.4M
Debt / Equity
LUNG
LUNG
RENT
RENT
Q1 26
0.82×
Q4 25
0.69×
Q3 25
0.62×
Q2 25
0.54×
Q1 25
0.48×
Q4 24
0.43×
Q3 24
0.40×
Q2 24
0.37×

Cash Flow & Capital Efficiency

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

Metric
LUNG
LUNG
RENT
RENT
Operating Cash FlowLast quarter
$-1.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.02×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LUNG
LUNG
RENT
RENT
Q1 26
Q4 25
$-7.1M
$-1.4M
Q3 25
$-8.2M
$-10.5M
Q2 25
$-3.9M
$8.3M
Q1 25
$-13.2M
$1.4M
Q4 24
$-6.7M
$4.7M
Q3 24
$-7.2M
$2.2M
Q2 24
$-5.8M
$4.6M
Free Cash Flow
LUNG
LUNG
RENT
RENT
Q1 26
Q4 25
$-7.1M
Q3 25
$-8.3M
Q2 25
$-4.0M
Q1 25
$-13.5M
Q4 24
$-6.8M
Q3 24
$-7.7M
Q2 24
$-6.2M
FCF Margin
LUNG
LUNG
RENT
RENT
Q1 26
Q4 25
-31.4%
Q3 25
-38.4%
Q2 25
-16.6%
Q1 25
-60.0%
Q4 24
-28.8%
Q3 24
-37.6%
Q2 24
-30.0%
Capex Intensity
LUNG
LUNG
RENT
RENT
Q1 26
Q4 25
0.1%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
1.3%
Q4 24
0.5%
Q3 24
2.0%
Q2 24
2.3%
Cash Conversion
LUNG
LUNG
RENT
RENT
Q1 26
Q4 25
-0.02×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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