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CARLSMED, INC. CARL

Nasdaq · XNAS · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2025-07-23

CARLSMED, INC. financials (annual, from 10-K)

MetricFY2025FY2024
Revenue$50.5M$27.2M
Gross profit$38.0M$20.0M
R&D expense$17.0M$14.3M
Operating income-$30.6M-$24.1M
Interest expense$1.4M$1.3M
Income tax$0$0
Net income-$29.6M-$24.3M
EPS (diluted)$-2.12$-6.11
Operating cash flow-$29.0M-$25.5M
Free cash flow-$29.6M-$25.6M
Cash & equivalents$85.8M$40.1M
Inventory$1.8M$995,000
Total assets$130.1M$51.8M
Total liabilities$31.3M$26.2M
Shareholders' equity$98.9M-$70.6M

Source: SEC EDGAR filings · CIK 0001794546 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.