Growth Metrics

Carlsmed (CARL) EBITDA (2024 - 2026)

Carlsmed posted quarterly EBITDA of -$8.7 million for Q1 2026, down 51.79% year-on-year from -$18.0 million in Q1 2025, and down 0.96% on a QoQ basis from -$8.6 million in Q4 2025.

Carlsmed (CARL) has 3 years of EBITDA data on file, last reported at -$8.7 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 51.79% year-over-year to -$8.7 million; the trailing twelve-month figure through Mar 2026 stood at -$32.6 million (down 32.85% YoY), and the FY2025 full-year result was -$29.6 million, down 22.17% from the prior year.
  • EBITDA for Q1 2026 stood at -$8.7 million, down from -$8.6 million in the prior quarter.
  • Across five years, EBITDA topped out at -$4.7 million in Q4 2024 and bottomed at -$8.7 million in Q1 2026.
  • The 3-year median for EBITDA is -$7.3 million (2024), against an average of -$7.1 million.
  • Peak annual rise in EBITDA reached 7.79% in 2025, while the deepest fall reached 82.48% in 2025.
  • A 3-year view of EBITDA shows it stood at -$4.7 million in 2024, then plunged by 82.48% to -$8.6 million in 2025, then declined by 0.96% to -$8.7 million in 2026.
  • The last three EBITDA figures came in at -$8.7 million (Q1 2026), -$8.6 million (Q4 2025), and -$8.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 242.45 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 121.45 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 102.95 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 34.80 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 24.83 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 87.47 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -17.05 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 7.57 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 16.85 Mn
10 Carlsmed 298.68 Mn 201.48 Mn 12.43 Mn -8.70 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -8.70 Mn
Dec 31, 2025 -8.61 Mn
Sep 30, 2025 -8.53 Mn
Jun 30, 2025 -6.77 Mn
Mar 31, 2025 -5.73 Mn
Dec 31, 2024 -4.72 Mn
Sep 30, 2024 -7.81 Mn
Jun 30, 2024 -6.28 Mn