Carlsmed (CARL) Enterprise Value (2024 - 2026)

Carlsmed's (CARL) quarterly Enterprise Value came in at -$73.1 million in Q1 2026, down 68.35% YoY from -$231.0 million in Q1 2025, and up 14.88% on a QoQ basis from -$85.9 million in Q4 2025.

Carlsmed (CARL) Enterprise Value (2024 - 2026) Analysis & Trends

Carlsmed (CARL) has 3 years of Enterprise Value data on file, last reported at -$73.1 million in Q1 2026.

  • Quarterly Enterprise Value fell 68.35% year-over-year to -$73.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$73.1 million (down 68.35% YoY) and the FY2025 annual result came in at -$85.9 million, down 114.06% from the prior year.
  • Enterprise Value rose to -$73.1 million in Q1 2026, from -$85.9 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$33.6 million in Q2 2025 to a low of -$115.5 million in Q3 2025.
  • A 3-year average of -$59.3 million and a median of -$43.9 million in 2024 frame the typical range for Enterprise Value.
  • The widest YoY moves for Enterprise Value: up 12.0% in 2025, down 159.9% in 2025.
  • Tracing CARL's Enterprise Value over 3 years: stood at -$40.1 million in 2024, then sank by 114.06% to -$85.9 million in 2025, then rose by 14.88% to -$73.1 million in 2026.
  • The last three Enterprise Value figures came in at -$73.1 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 39.72 Bn 32.40 Bn 662.02 Mn -7.31 Bn
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn -552.56 Mn
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn -265.37 Mn
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -552.03 Mn
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn -389.39 Mn
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -298.00 Mn
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn -191.60 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn -687.79 Mn
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -374.99 Mn
10 Carlsmed 389.87 Mn 276.57 Mn 14.54 Mn -113.30 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -113.30 Mn
Mar 31, 2026 -73.12 Mn
Dec 31, 2025 -85.89 Mn
Sep 30, 2025 -115.50 Mn
Jun 30, 2025 -33.57 Mn
Mar 31, 2025 -43.43 Mn
Dec 31, 2024 -40.13 Mn
Sep 30, 2024 -44.44 Mn
Jun 30, 2024 -38.15 Mn