Carlsmed (CARL) EBITDA (2024 - 2026)
Carlsmed (CARL) reported EBITDA of -$8.7 million for Q1 2026, down 51.79% on a YoY basis from -$18.0 million in Q1 2025, and down 0.96% quarter-over-quarter from -$8.6 million in Q4 2025.
Carlsmed (CARL) EBITDA (2024 - 2026) Analysis & Trends
Carlsmed has reported EBITDA for 3 years, with the latest figure 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.
- The five-year high for EBITDA was -$4.7 million in Q4 2024, with the low at -$8.7 million in Q1 2026.
- Historically, EBITDA has averaged -$7.1 million across 3 years, with a median of -$7.3 million in 2024.
- The largest YoY upside for EBITDA was 7.79% in 2025 against a maximum downside of 82.48% in 2025.
- Carlsmed's EBITDA stood at -$4.7 million in 2024, then sank by 82.48% to -$8.6 million in 2025, then dropped 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 | 27.35 Bn | 20.79 Bn | 662.02 Mn | 232.98 Mn |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 121.45 Mn |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 102.95 Mn |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 34.80 Mn |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 24.83 Mn |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -17.05 Mn |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 87.47 Mn |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 7.57 Mn |
| 9 | Omnicell | 1.90 Bn | 1.73 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| Date | Value |
|---|---|
| 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 |