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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin75.9%+0.6pp75.3%+0.6pp74.8%+0.7pp74%-0.4pp74.4%+0.6pp
Operating margin-60.5%+0.1pp-60.5%-2.5pp-58%+6.5pp-64.5%+11.4pp-76%+12.8pp
Net margin-57.8%+0.9pp-58.7%-1.2pp-57.5%+7.9pp-65.4%+10.6pp-76%+13.2pp
Liquidity
Current ratio11.9×+3.0×8.9×-3.2×12×+7.2×4.9×
Leverage
Debt-to-equity0.2×0.0×0.2×0.0×0.2×
Per Share
Book value per share$3.44-50.6%$6.95+37.4%$5.06+128%-$18.10-1.6%-$17.82-2.6%
Valuation
Market capitalization$305.56M-20.3%$328.42M-7.7%$355.92M
Price / sales5.4×6.5×-1.5×
Price / book3.3×3.3×0.0×3.3×

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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.