Recent Highlights Delivered $83.8 million in worldwide revenue for the full year of 2024, a 22% increase over the prior yearAchieved record worldwide revenue of $23.8 million for the fourth quarter of 2024, a 23% increase over the same period last year on an as reported and constant currency basisSet a record of $15.9 million and $56.5 million in U.S.revenue for the fourth quarter 2024 and the full year 2024, representing 16% and 23% year-over-year growth, respectivelyRealized gross margin of 74% in the fourth quarter of 2024 and 74% for the full year of 2024Added 11 new Zephyr® Valve U.S.treatment centers in the fourth quarter of 2024Partnered with American Lung Association to launch new educational initiatives for COPD patients and providersImplemented LungTraX™ software platform in first U.S.pilot sites "Our record quarterly and full year results underscore the continued success of our focused strategy and execution in further expanding our account base, optimizing patient workflows, and raising awareness among both patients and referring physicians,” said Steve Williamson, President & Chief Executive Officer.
"With strong underlying demand and ongoing momentum, particularly with the pilot launch of the LungTraX software platform, we are confident in our ability to drive long-term, sustainable growth in 2025 and beyond.” Fourth Quarter 2024 Financial ResultsTotal worldwide revenue in the fourth quarter of 2024 was $23.8 million, a 23% increase from $19.3 million in the fourth quarter of 2023 and an increase of 23% on a constant currency basis.U.S.revenue was $15.9 million, a 16% increase from the fourth quarter of 2023.
Full Year 2025 Financial GuidancePulmonx expects revenue for the full year 2025 to be in the range of $96 million to $98 million, representing growth of 15% to 17% compared to 2024, or 16% to 18% on a constant currency basis, as our guidance assumes a negative impact from foreign exchange on reported revenue growth of approximately 100 basis points.
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