CARLSMED, INC. (CARL)

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CIK 0001794546 · Nasdaq · Surgical & Medical Instruments & Apparatus

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

In fiscal 2025, CARLSMED, INC. reported revenue of $50.51M, up 85.9% from the prior year. The company ran a net loss, with a net margin of -58.7% and a gross margin of 75.3%. It held $130.12M in total assets against $31.25M in total liabilities.

Key ratios (FY2025)

75.3%
Gross margin
-60.5%
Operating margin
-58.7%
Net margin
-30.0%
Return on equity
+85.9%
Revenue growth (YoY)
Metric (FY)202520242023
Revenue$50.51M$27.16M
Cost of Revenue$12.47M$7.12M
Gross Profit$38.04M$20.05M
Operating Income-$30.57M-$24.12M
Net Income-$29.63M-$24.26M
EPS (Diluted)$-2.12$-6.11
Total Assets$130.12M$51.82M
Total Liabilities$31.25M$26.23M
Shareholders' Equity$98.87M-$70.63M-$46.13M
Cash & Equivalents$85.79M$40.12M$7.22M
Operating Cash Flow-$28.98M-$25.47M
Capital Expenditures$642.0K$180.0K
Shares Outstanding26.60M4.14M