Carlsmed (CARL) Operating Expenses (2024 - 2026)
Carlsmed's (CARL) quarterly Operating Expenses came in at $25.6 million in Q2 2026, up 66.4% on a YoY basis from $15.4 million in Q2 2025, and up 17.87% quarter-over-quarter from $21.7 million in Q1 2026.
Analysis
Carlsmed (CARL) Operating Expenses (2024 - 2026) Analysis & Trends
Carlsmed (CARL) has reported Operating Expenses for 3 consecutive years, with $25.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 66.4% year-over-year to $25.6 million; the trailing twelve-month figure through Jun 2026 stood at $87.2 million (up 64.4% YoY), and the FY2025 full-year result was $68.6 million, up 55.34% from the prior year.
- Operating Expenses rose to $25.6 million in Q2 2026 per CARL's latest filing, from $21.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $25.6 million in Q2 2026 and bottomed at $10.9 million in Q2 2024.
- Historically, Operating Expenses has averaged $16.8 million across 3 years, with a median of $15.4 million in 2025.
- The widest YoY moves for Operating Expenses: up 78.53% in 2025, down 41.26% in 2025.
- Over 3 years, Operating Expenses stood at $11.7 million in 2024, then surged by 78.53% to $20.9 million in 2025, then advanced by 22.23% to $25.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $25.6 million, $21.7 million, and $20.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Resmed | 32.94 Bn | 31.47 Bn | 861.22 Mn | 412.51 Mn |
| 10 | Carlsmed | 424.72 Mn | 311.42 Mn | 14.54 Mn | 25.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.58 Mn |
| Mar 31, 2026 | 21.70 Mn |
| Dec 31, 2025 | 20.93 Mn |
| Sep 30, 2025 | 18.96 Mn |
| Jun 30, 2025 | 15.37 Mn |
| Mar 31, 2025 | 13.36 Mn |
| Dec 31, 2024 | 11.72 Mn |
| Sep 30, 2024 | 12.58 Mn |
| Jun 30, 2024 | 10.88 Mn |