Carlsmed (CARL) Net Margin (2024 - 2026)
Carlsmed (CARL) reported Net Margin of 53.96% for Q1 2026, up 800.0% on a YoY basis from 6.0% in Q1 2025, and up 4.99% quarter-over-quarter from 56.8% in Q4 2025.
Carlsmed (CARL) Net Margin (2024 - 2026) Analysis & Trends
Carlsmed has reported Net Margin for 3 years, with the latest figure at 53.96% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 800.0% year-over-year to 53.96%; the trailing twelve-month figure through Mar 2026 stood at 57.76% (up 2193.0% YoY), and the FY2025 full-year result was 59.82%, up 3165.0% from the prior year.
- Net Margin for Q1 2026 stood at 53.96%, up from 56.8% in the prior quarter.
- The five-year high for Net Margin was 50.17% in Q4 2024, with the low at 127.54% in Q3 2024.
- Historically, Net Margin has averaged 71.86% across 3 years, with a median of 59.38% in 2025.
- The largest YoY upside for Net Margin was 6233 bps in 2025 against a maximum downside of 663 bps in 2025.
- Carlsmed's Net Margin stood at 50.17% in 2024, then slipped by 13 bps to 56.8% in 2025, then climbed by 5 bps to 53.96% in 2026.
- The last three Net Margin figures came in at 53.96% (Q1 2026), 56.8% (Q4 2025), and 65.21% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.06% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 18.66% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -8.93% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 13.15% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 13.80% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 0.61% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 3.68% |
| 10 | Carlsmed | 265.54 Mn | 168.34 Mn | 12.43 Mn | -53.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -53.96% |
| Dec 31, 2025 | -56.80% |
| Sep 30, 2025 | -65.21% |
| Jun 30, 2025 | -56.00% |
| Mar 31, 2025 | -61.96% |
| Dec 31, 2024 | -50.17% |
| Sep 30, 2024 | -127.54% |
| Jun 30, 2024 | -103.22% |