Carlsmed CARL
NASDAQ CARL
$15.60 +0.08 (+0.52%)
At close: Sep 4, 2026 · 4:00 PM EDT

Carlsmed (CARL) Free Cash Flow (2024 - 2026)

Carlsmed's (CARL) quarterly Free Cash Flow came in at -$8.0 million in Q2 2026, down 9.44% on a YoY basis from -$8.8 million in Q2 2025, and up 39.2% quarter-over-quarter from -$13.1 million in Q1 2026.

Analysis

Carlsmed (CARL) Free Cash Flow (2024 - 2026) Analysis & Trends

Carlsmed (CARL) has reported Free Cash Flow for 3 consecutive years, with -$8.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Free Cash Flow fell 9.44% year-over-year to -$8.0 million; the trailing twelve-month figure through Jun 2026 stood at -$35.2 million (down 28.0% YoY), and the FY2025 full-year result was -$29.7 million, down 15.78% from the prior year.
  • Free Cash Flow grew to -$8.0 million in Q2 2026 per CARL's latest filing, from -$13.1 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at -$4.3 million in Q4 2024 and bottomed at -$13.1 million in Q1 2026.
  • Historically, Free Cash Flow has averaged -$7.8 million across 3 years, with a median of -$7.8 million in 2024.
  • The widest YoY moves for Free Cash Flow: up 9.44% in 2026, down 58.05% in 2026.
  • Over 3 years, Free Cash Flow stood at -$4.3 million in 2024, then declined by 28.21% to -$5.5 million in 2025, then slumped by 46.08% to -$8.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$8.0 million, -$13.1 million, and -$5.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Abbott Laboratories 187.42 Bn 182.47 Bn 7.27 Bn 1.99 Bn
2 Intuitive Surgical 129.78 Bn 124.69 Bn 1.96 Bn 948.40 Mn
3 Medtronic 120.53 Bn 112.33 Bn 6.34 Bn 1.29 Bn
4 Stryker 116.28 Bn 112.80 Bn 4.50 Bn 1.06 Bn
5 Boston Scientific 69.29 Bn 68.99 Bn 3.85 Bn 1.28 Bn
6 Edwards Lifesciences 51.83 Bn 47.68 Bn 1.35 Bn 585.00 Mn
7 Alcon 34.36 Bn 32.91 Bn 1.68 Bn 606.00 Mn
8 Dexcom 33.17 Bn 31.23 Bn 830.00 Mn 184.50 Mn
9 Resmed 32.94 Bn 31.47 Bn 861.22 Mn 403.50 Mn
10 Carlsmed 424.72 Mn 311.42 Mn 14.54 Mn -7.99 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -7.99 Mn
Mar 31, 2026 -13.13 Mn
Dec 31, 2025 -5.47 Mn
Sep 30, 2025 -8.62 Mn
Jun 30, 2025 -7.30 Mn
Mar 31, 2025 -8.31 Mn
Dec 31, 2024 -4.26 Mn
Sep 30, 2024 -7.63 Mn