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Carlsmed, Inc. CARL Investing Cash Flow

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Other financials

Income statement

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Revenue$18.9M+56.7%
Gross profit$14.5M+64.0%
Operating income-$11.0M-69.7%
Net income-$10.5M-55.3%
EPS (diluted)-$0.39+73.5%

Balance sheet

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Cash & equivalents$46.2M+38.2%
Total debt$21.9M+23.8%
Total equity$84.2M+201%
Total assets$118.2M+122%

Cash flow

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Operating cash flow-$7.4M-4.5%
CapEx$121.0K-63.0%
Free cash flow-$7.5M-1.5%

Valuation

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Market cap$377.32M+11.1%
Enterprise value$353M
P/S

Profitability

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Gross margin76.6%+2.6pp
Operating margin-61.1%-3.1pp
Net margin-57.4%-6.2pp
FCF margin-54.6%-10.6pp

Returns & leverage

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Return on equity-6,196.9%
Debt / equity0.3×
Current ratio8.8×+4.0×

Where this comes from

Reported directly by Carlsmed, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInInvestingActivities.

The source filing: Carlsmed, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001794546-26-000016
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Purchase of property and equipment(200)(410)
Capitalized internal use software costs(755)(374)
Payment of initial direct costs related to operating leases(126)
Net cash used in investing activities(19,863)(910)
Cash flows from financing activities:
Payments for deferred initial public offering costs(2,648)
Proceeds from issuance of Series C convertible preferred stock, net of issuance costs11,919
Proceeds from exercises of stock options472183

Item 1. Financial Statements.

FAQ

What is Carlsmed, Inc.'s investing cash flow?
Carlsmed, Inc. (CARL) reported investing cash flow of -$19.66M in Q2 2026.
How has Carlsmed, Inc.'s investing cash flow changed year-over-year?
Carlsmed, Inc.'s investing cash flow decreased by 2825.1% year-over-year, from -$672K to -$19.66M.
What does investing cash flow mean?
Total net cash provided by or used in investing activities — capex, acquisitions, investment purchases/sales, and other investing items.

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