Carlsmed (CARL) EBT Margin (2024 - 2026)

Carlsmed's (CARL) quarterly EBT Margin came in at 101.07% in Q1 2026, down 50.0% YoY from 202.13% in Q1 2025, and down 77.81% on a QoQ basis from 56.84% in Q4 2025.

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

Carlsmed (CARL) has 3 years of EBT Margin data on file, last reported at 101.07% in 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 5352.0% YoY) and the FY2025 annual result came in at 107.39%, up 2467.0% from the prior year.
  • EBT Margin eased to 101.07% in Q1 2026, from 56.84% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 56.84% in Q4 2025 to a low of 174.62% in Q4 2024.
  • A 3-year average of 119.78% and a median of 108.59% in 2025 frame the typical range for EBT Margin.
  • Annual changes were most pronounced in 2025 — EBT Margin surged 11778 bps — and 2026, when it sank 50 bps.
  • Tracing CARL's EBT Margin over 3 years: stood at 174.62% in 2024, then surged by 67 bps to 56.84% in 2025, then slumped by 78 bps to 101.07% in 2026.
  • The last three EBT Margin figures came in at 101.07% (Q1 2026), 56.84% (Q4 2025), and 116.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 39.36%
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 2.41%
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 26.06%
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -12.34%
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 20.88%
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -10.99%
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 17.64%
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 25.77%
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -24.53%
10 Carlsmed 389.87 Mn 276.57 Mn 14.54 Mn -108.29%

Historic Data

Download Data
DateValue
Jun 30, 2026 -108.29%
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 -174.62%
Sep 30, 2024 -162.34%
Jun 30, 2024 -152.89%