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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin75.9%+1.4pp75.3%+1.5pp74.8%74%74.4%
Operating margin-60.5%+15.5pp-60.5%+28.3pp-58%-64.5%-76%
Net margin-57.8%+18.3pp-58.7%+30.6pp-57.5%-65.4%-76%
Liquidity
Current ratio11.9×8.9×+3.3×12×4.9×
Leverage
Debt-to-equity0.2×0.2×0.2×
Per Share
Book value per share$3.44+119%$6.95+140%$5.06+131%-$18.10-27.1%-$17.82
Valuation
Market capitalization$305.56M-20.3%$328.42M$355.92M
Price / sales5.4×6.5×
Price / book3.3×3.3×3.3×

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Questions, answered.

What are Carlsmed, Inc. Common Stock's profit margins?
Carlsmed, Inc. Common Stock (CARL) runs a 75.9% gross margin and a -60.5% operating margin, with a -57.8% net margin.
Where do Carlsmed, Inc. Common Stock's ratios come from?
Every ratio is computed from Carlsmed, Inc. Common Stock's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.