Carlsmed (CARL) Net Margin (2024 - 2026)
Carlsmed (CARL) recorded Net Margin of -55.49% in Q2 2026, up 0.51 percentage points from -56.00% a year earlier but down 1.53 percentage points from the prior quarter.
Carlsmed (CARL) Net Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Carlsmed's Net Margin came in at -57.42% as of Jun 30, 2026, up 11.05 percentage points year-over-year; for FY2025, it came in at -59.82%, up 31.65 percentage points from FY2024.
- Across earlier years, Net Margin came in at -91.47% in FY2024.
- Quarterly Net Margin has ranged from -127.54% in Q3 2024 to -50.17% in Q4 2024 over the past five years.
- On a year-over-year basis, Net Margin rose in four of the last five quarters, with an average year-over-year change of +22.29 percentage points.
- Per Business Quant, the preceding three quarters came in at -53.96% (Q1 2026), -56.80% (Q4 2025) and -65.21% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 14.47% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 7.37% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 13.89% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 28.29% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 15.07% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 19.37% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 16.67% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 13.89% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 7.57% |
| 10 | Carlsmed | 383.61 Mn | -75.98 Mn | 14.54 Mn | -55.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -55.49% |
| 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% |
Carlsmed Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CARL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CARL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CARL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();