Carlsmed (CARL) Net Cash Flow (2024 - 2026)
Carlsmed's (CARL) quarterly Net Cash Flow came in at -$12.8 million in Q1 2026, down 486.36% YoY from $3.3 million in Q1 2025, and up 56.81% on a QoQ basis from -$29.6 million in Q4 2025.
Carlsmed (CARL) Net Cash Flow (2024 - 2026) Analysis & Trends
Carlsmed (CARL) has 3 years of Net Cash Flow data on file, last reported at -$12.8 million in Q1 2026.
- Quarterly Net Cash Flow fell 486.36% year-over-year to -$12.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $29.6 million (up 459.88% YoY) and the FY2025 annual result came in at $45.7 million, up 39.01% from the prior year.
- Net Cash Flow climbed to -$12.8 million in Q1 2026, from -$29.6 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $81.9 million in Q3 2025 to a low of -$29.6 million in Q4 2025.
- A 3-year average of $5.0 million and a median of -$4.3 million in 2024 frame the typical range for Net Cash Flow.
- The widest YoY moves for Net Cash Flow: up 1201.67% in 2025, down 585.52% in 2025.
- Tracing CARL's Net Cash Flow over 3 years: stood at -$4.3 million in 2024, then tumbled by 585.52% to -$29.6 million in 2025, then jumped by 56.81% to -$12.8 million in 2026.
- The last three Net Cash Flow figures came in at -$12.8 million (Q1 2026), -$29.6 million (Q4 2025), and $81.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 475.88 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | -338.42 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | -53.56 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 12.26 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 99.55 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 286.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | -17.29 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 54.43 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Carlsmed | 389.87 Mn | 276.57 Mn | 14.54 Mn | -26.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -26.77 Mn |
| Jun 30, 2026 | -26.77 Mn |
| Mar 31, 2026 | -12.78 Mn |
| Mar 31, 2026 | -12.78 Mn |
| Dec 31, 2025 | -29.58 Mn |
| Dec 31, 2025 | -29.58 Mn |
| Sep 30, 2025 | 81.90 Mn |
| Sep 30, 2025 | 81.90 Mn |
| Jun 30, 2025 | -9.96 Mn |
| Jun 30, 2025 | -9.96 Mn |
| Mar 31, 2025 | 3.31 Mn |
| Mar 31, 2025 | 3.31 Mn |
| Dec 31, 2024 | -4.32 Mn |
| Dec 31, 2024 | -4.32 Mn |
| Sep 30, 2024 | 6.29 Mn |
| Sep 30, 2024 | 6.29 Mn |