Carlsmed (CARL) Net Income (2024 - 2026)
Carlsmed (CARL) posted Net Income of -$16.3 million for Q1 2026, down 88.96% on a QoQ basis from -$8.6 million in Q4 2025, and down 58.95% year-over-year from -$39.7 million in Q1 2025.
Carlsmed (CARL) Net Income (2024 - 2026) Analysis & Trends
Carlsmed's Net Income history runs 3 years deep, the most recent figure standing at -$16.3 million for Q1 2026.
- Quarterly Net Income fell 58.95% year-over-year to -$16.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$51.4 million (down 35.76% YoY) and the FY2025 annual result came in at -$54.2 million, down 51.2% from the prior year.
- Net Income was -$16.3 million for Q1 2026 at Carlsmed, down from -$8.6 million in the prior quarter.
- Across five years, Net Income topped out at -$7.6 million in Q4 2024 and bottomed at -$16.3 million in Q1 2026.
- A 3-year average of -$11.2 million and a median of -$10.5 million in 2024 frame the typical range for Net Income.
- Annual changes were most pronounced in 2025 — Net Income declined 12.93% — and 2026, when it plunged 58.95%.
- Carlsmed's Net Income stood at -$7.6 million in 2024, then retreated by 12.93% to -$8.6 million in 2025, then plunged by 88.96% to -$16.3 million in 2026.
- Business Quant data shows CARL's Net Income at -$16.3 million in Q1 2026, -$8.6 million in Q4 2025, and -$15.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | 260.94 Mn |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 74.33 Mn |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 69.42 Mn |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | 35.13 Mn |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | -13.47 Mn |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | -185.00 Mn |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 43.28 Mn |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 19.11 Mn |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | 3.71 Mn |
| 10 | Carlsmed | 307.54 Mn | 234.42 Mn | 12.43 Mn | -16.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.29 Mn |
| Dec 31, 2025 | -8.62 Mn |
| Sep 30, 2025 | -15.18 Mn |
| Jun 30, 2025 | -11.33 Mn |
| Mar 31, 2025 | -10.25 Mn |
| Dec 31, 2024 | -7.63 Mn |
| Sep 30, 2024 | -10.70 Mn |
| Jun 30, 2024 | -9.30 Mn |