Growth Metrics

Carlsmed (CARL) Invested Capital (2024 - 2026)

Carlsmed posted quarterly Invested Capital of $107.9 million for Q1 2026, up 240.81% year-on-year from $31.7 million in Q1 2025, and down 5.55% on a QoQ basis from $114.2 million in Q4 2025.

Carlsmed (CARL) has 3 years of Invested Capital data on file, last reported at $107.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 240.81% year-over-year to $107.9 million; the trailing twelve-month figure through Mar 2026 stood at $107.9 million (up 240.81% YoY), and the FY2025 full-year result was $114.2 million, up 306.85% from the prior year.
  • Invested Capital for Q1 2026 stood at $107.9 million, down from $114.2 million in the prior quarter.
  • Across five years, Invested Capital topped out at $122.1 million in Q3 2025 and bottomed at -$76.6 million in Q1 2025.
  • The 3-year median for Invested Capital is -$56.5 million (2024), against an average of $2.6 million.
  • Peak annual rise in Invested Capital reached 306.85% in 2025, while the deepest fall reached 16.82% in 2025.
  • A 3-year view of Invested Capital shows it stood at -$55.2 million in 2024, then surged by 306.85% to $114.2 million in 2025, then slipped by 5.55% to $107.9 million in 2026.
  • The last three Invested Capital figures came in at $107.9 million (Q1 2026), $114.2 million (Q4 2025), and $122.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 7.21 Bn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 2.03 Bn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 2.99 Bn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 111.69 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 950.84 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 3.95 Bn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 814.32 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 753.06 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 1.26 Bn
10 Carlsmed 298.68 Mn 201.48 Mn 12.43 Mn 107.87 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 107.87 Mn
Dec 31, 2025 114.22 Mn
Sep 30, 2025 122.10 Mn
Jun 30, 2025 -67.45 Mn
Mar 31, 2025 -76.61 Mn
Dec 31, 2024 -55.22 Mn
Sep 30, 2024 -66.03 Mn
Jun 30, 2024 -57.74 Mn