Carlsmed (CARL) Operating Margin (2024 - 2026)
Carlsmed's Operating Margin came in at -58.27% for Q2 2026, down 4.46 percentage points from -53.81% a year earlier and down 0.71 percentage points from the prior quarter.
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Analysis
Carlsmed (CARL) Operating Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Carlsmed reported Operating Margin of -61.09%, up 3.44 percentage points year-over-year; for FY2025, it was -60.53%, up 28.27 percentage points from FY2024.
- Going back by year, Operating Margin was -88.80% in FY2024.
- The five-year range for quarterly Operating Margin is -118.01% (Q3 2024) to -49.93% (Q4 2024).
- Year-over-year, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of +16.32 percentage points over the last five quarters.
- Business Quant data shows CARL's Operating Margin at -57.56% (Q1 2026), -61.44% (Q4 2025) and -69.11% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 21.65% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 29.48% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 13.31% |
| 10 | Carlsmed | 383.07 Mn | -76.53 Mn | 14.54 Mn | -58.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -58.27% |
| Mar 31, 2026 | -57.56% |
| Dec 31, 2025 | -61.44% |
| Sep 30, 2025 | -69.11% |
| Jun 30, 2025 | -53.81% |
| Mar 31, 2025 | -56.13% |
| Dec 31, 2024 | -49.93% |
| Sep 30, 2024 | -118.01% |
| Jun 30, 2024 | -103.91% |
API Access
Carlsmed Operating 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=operating-margin&ticker=CARL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CARL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();