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NASDAQ · SURGICAL & MEDICAL INSTRUMENTS & APPARATUS

Lucid Diagnostics Inc. LUCD

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.7M
▲ 8.3% YoY
$-58.0M
$-46.7M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We believe that our flagship product, the EsoGuard Esophageal DNA Test, performed on samples collected with the EsoCheck Esophageal Cell Collection Device, constitutes the first and only commercially available diagnostic test capable of serving as a widespread testing tool with the goal of preventing EAC deaths, through early detection of esophageal precancer in at-risk GERD patients. EsoCheck is an FDA 510(k) cleared and CE Mark certified noninvasive swallowable balloon capsule catheter device designed for in-office targeted sampling of surface esophageal cells in a less than two minute long office procedure. We believe this proprietary Collect+Protect™ technology makes EsoCheck the only noninvasive esophageal cell collection device capable of such anatomically targeted and protected sampling. EsoGuard and EsoCheck are based on patented technology licensed by Lucid from Case Western Reserve University (“CWRU”).

Written from the business description in Lucid Diagnostics Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 March 2026. Every sentence was checked against that document before publication.

Growth

USD 4.7M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 4.7 · Net income -58.0
-25.0M-50.0M
202020232025
Compound annual growth
+132.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−1233 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1054.8% · Net -1232.7%
-2000%-4000%
202020222025
ROE
FY2025 · ROE -710.6%
-200%-400%-600%
202020222025
Three returns, three denominators.
Gross margin-41.7%
Operating margin-1054.8%
Net margin-1232.7%
EBITDAUSD -48.8M

Each USD of equity lost 711 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -46.7
-20M-40M
202020222025

Total assetsUSD 40.4M
EquityUSD 10.9M
Current ratio1.31×

Equity funds 27% of total assets.

The 6-year record

6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
LUCD, 6-year financial record
Metric 202520242023202220212020
Revenue $B0.00.00.00.00.0◌
Operating income $B−0.0−0.0−0.0−0.1−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.1−0.0◌
Income tax $B0.00.0◌◌◌◌
Net income $B−0.1−0.0−0.1−0.1−0.0−0.0
Free cash flow $B−0.0−0.0◌−0.0−0.0◌
EPS, diluted $◌−1.05−1.26−1.55−1.51−0.59
Dividend / sh $◌◌◌◌◌◌
Payout % — not applicable: no dividend——————
ROE %−710.6——−144.4——
Shares out B0.130.060.040.040.030.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergence in 26 reconciliationsAUDITED

Reconciled in 5 of the 6 fiscal years we could check. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 26 checks were skipped: the balance sheet is not tagged before 2020. 14 checks were skipped: revenue is not tagged before 2021. 13 checks were skipped: EPS is not tagged before 2020.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures1 divergent
ActivitySurgical & Medical Instruments & Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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