Carlsmed (CARL) Operating Income (2024 - 2026)
Carlsmed (CARL) reported Operating Income of -$9.3 million for Q1 2026, down 62.2% on a YoY basis from -$24.5 million in Q1 2025, and little changed quarter-over-quarter from -$9.3 million in Q4 2025.
Carlsmed (CARL) Operating Income (2024 - 2026) Analysis & Trends
Carlsmed has reported Operating Income for 3 years, with the latest figure at -$9.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 62.2% year-over-year to -$9.3 million; the trailing twelve-month figure through Mar 2026 stood at -$34.1 million (down 39.24% YoY), and the FY2025 full-year result was -$30.6 million, down 26.75% from the prior year.
- Operating Income for Q1 2026 stood at -$9.3 million, roughly flat from -$9.3 million in the prior quarter.
- The five-year high for Operating Income was -$4.7 million in Q4 2024, with the low at -$9.3 million in Q4 2025.
- Historically, Operating Income has averaged -$7.3 million across 3 years, with a median of -$7.1 million in 2024.
- The largest YoY upside for Operating Income was 2.9% in 2025 against a maximum downside of 98.38% in 2025.
- Carlsmed's Operating Income stood at -$4.7 million in 2024, then tumbled by 98.38% to -$9.3 million in 2025, then grew by 0.45% to -$9.3 million in 2026.
- The last three Operating Income figures came in at -$9.3 million (Q1 2026), -$9.3 million (Q4 2025), and -$9.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 273.11 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 121.45 Mn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 102.95 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 32.07 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -17.05 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 24.83 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 80.47 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 7.42 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 16.85 Mn |
| 10 | Carlsmed | 265.54 Mn | 168.34 Mn | 12.43 Mn | -9.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.28 Mn |
| Dec 31, 2025 | -9.32 Mn |
| Sep 30, 2025 | -9.04 Mn |
| Jun 30, 2025 | -6.50 Mn |
| Mar 31, 2025 | -5.72 Mn |
| Dec 31, 2024 | -4.70 Mn |
| Sep 30, 2024 | -7.78 Mn |
| Jun 30, 2024 | -6.32 Mn |