Carlsmed (CARL) Revenue (2024 - 2026)

Carlsmed (CARL) posted Revenue of $16.1 million for Q1 2026, up 6.27% on a QoQ basis from $15.2 million in Q4 2025, and up 58.17% year-over-year from $10.2 million in Q1 2025.

Carlsmed (CARL) Revenue (2024 - 2026) Analysis & Trends

Carlsmed's Revenue history runs 3 years deep, the most recent figure standing at $16.1 million for Q1 2026.

  • Quarterly Revenue rose 58.17% year-over-year to $16.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $56.4 million (up 74.9% YoY) and the FY2025 annual result came in at $50.5 million, up 85.94% from the prior year.
  • Revenue was $16.1 million for Q1 2026 at Carlsmed, up from $15.2 million in the prior quarter.
  • Across five years, Revenue topped out at $16.1 million in Q1 2026 and bottomed at $6.1 million in Q2 2024.
  • A 3-year average of $11.1 million and a median of $11.1 million in 2025 frame the typical range for Revenue.
  • Annual changes were most pronounced in 2025 — Revenue jumped 98.7% — and 2026, when it soared 58.17%.
  • Carlsmed's Revenue stood at $9.4 million in 2024, then jumped by 61.19% to $15.2 million in 2025, then rose by 6.27% to $16.1 million in 2026.
  • Business Quant data shows CARL's Revenue at $16.1 million in Q1 2026, $15.2 million in Q4 2025, and $13.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Veeva Systems 31.79 Bn 24.48 Bn 662.02 Mn 882.95 Mn
2 BrightSpring Health Services 14.63 Bn 13.73 Bn 482.22 Mn 3.61 Bn
3 Healthequity 8.30 Bn 8.04 Bn 256.31 Mn 354.64 Mn
4 Hinge Health 5.93 Bn 5.61 Bn 154.23 Mn 182.31 Mn
5 10x Genomics 5.85 Bn 5.31 Bn 106.18 Mn 150.84 Mn
6 Waystar Holding 4.47 Bn 4.41 Bn 216.84 Mn 313.87 Mn
7 MiniMed 4.46 Bn 4.17 Bn 480.00 Mn 837.00 Mn
8 Doximity 3.95 Bn 3.20 Bn 125.97 Mn 145.37 Mn
9 Privia Health 3.18 Bn 2.76 Bn - 603.85 Mn
10 Carlsmed 305.66 Mn 232.54 Mn 12.43 Mn 16.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.12 Mn
Dec 31, 2025 15.17 Mn
Sep 30, 2025 13.07 Mn
Jun 30, 2025 12.08 Mn
Mar 31, 2025 10.19 Mn
Dec 31, 2024 9.41 Mn
Sep 30, 2024 6.59 Mn
Jun 30, 2024 6.08 Mn