Growth Metrics

Carlsmed (CARL) Enterprise Value (2024 - 2026)

Carlsmed posted quarterly Enterprise Value of -$97.2 million for Q1 2026, down 123.8% year-on-year from $408.4 million in Q1 2025, and down 13.16% on a QoQ basis from -$85.9 million in Q4 2025.

Carlsmed (CARL) has 3 years of Enterprise Value data on file, last reported at -$97.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 123.8% year-over-year to -$97.2 million; the trailing twelve-month figure through Mar 2026 stood at -$97.2 million (down 123.8% YoY), and the FY2025 full-year result was -$85.9 million, down 113.53% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$97.2 million, down from -$85.9 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$33.6 million in Q2 2025 and bottomed at -$115.5 million in Q3 2025.
  • The 3-year median for Enterprise Value is -$43.9 million (2024), against an average of -$62.3 million.
  • Peak annual rise in Enterprise Value reached 11.92% in 2025, while the deepest fall reached 159.84% in 2025.
  • A 3-year view of Enterprise Value shows it stood at -$40.2 million in 2024, then plunged by 113.53% to -$85.9 million in 2025, then slipped by 13.16% to -$97.2 million in 2026.
  • The last three Enterprise Value figures came in at -$97.2 million (Q1 2026), -$85.9 million (Q4 2025), and -$115.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn -6.56 Bn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn -878.29 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn -265.37 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn -315.87 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn -748.60 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn -158.93 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -539.85 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn -366.68 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn -174.90 Mn
10 Carlsmed 298.68 Mn 201.48 Mn 12.43 Mn -97.20 Mn

Historic Data

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DateValue
Mar 31, 2026 -97.20 Mn
Dec 31, 2025 -85.89 Mn
Sep 30, 2025 -115.47 Mn
Jun 30, 2025 -33.60 Mn
Mar 31, 2025 -43.43 Mn
Dec 31, 2024 -40.23 Mn
Sep 30, 2024 -44.44 Mn
Jun 30, 2024 -38.15 Mn