Carlsmed (CARL) EBT Margin (2024 - 2026)

Carlsmed (CARL) posted EBT Margin of 101.07% for Q1 2026, down 77.81% on a QoQ basis from 56.84% in Q4 2025, and down 50.0% year-over-year from 202.13% in Q1 2025.

Carlsmed (CARL) EBT Margin (2024 - 2026) Analysis & Trends

Carlsmed's EBT Margin history runs 3 years deep, the most recent figure standing at 101.07% for Q1 2026.

  • Quarterly EBT Margin fell 50.0% year-over-year to 101.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 91.11% (up 2627.0% YoY) and the FY2025 annual result came in at 107.39%, up 2467.0% from the prior year.
  • EBT Margin was 101.07% for Q1 2026 at Carlsmed, down from 56.84% in the prior quarter.
  • Across five years, EBT Margin topped out at 56.84% in Q4 2025 and bottomed at 162.34% in Q3 2024.
  • A 3-year average of 108.09% and a median of 100.82% in 2026 frame the typical range for EBT Margin.
  • Annual changes were most pronounced in 2025 — EBT Margin soared 5911 bps — and 2026, when it plunged 50 bps.
  • Carlsmed's EBT Margin stood at 81.13% in 2024, then grew by 30 bps to 56.84% in 2025, then plunged by 78 bps to 101.07% in 2026.
  • Business Quant data shows CARL's EBT Margin at 101.07% in Q1 2026, 56.84% in Q4 2025, and 116.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 39.36%
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 2.29%
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 26.06%
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn -8.52%
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 19.72%
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -10.99%
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 19.06%
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 22.10%
9 Privia Health 3.10 Bn 2.73 Bn - 1.54%
10 Carlsmed 295.19 Mn 222.08 Mn 12.43 Mn -101.07%

Historic Data

Download Data
DateValue
Mar 31, 2026 -101.07%
Dec 31, 2025 -56.84%
Sep 30, 2025 -116.12%
Jun 30, 2025 -93.78%
Mar 31, 2025 -100.57%
Dec 31, 2024 -81.13%
Sep 30, 2024 -162.34%
Jun 30, 2024 -152.89%