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CARLSMED, INC. CARL

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

CARLSMED, INC. financials (annual)

Revenue
$27.2M $50.5M 20242025
Net income
-$24.3M -$29.6M 20242025
Free cash flow
-$25.6M -$29.6M 20242025

Bars are annual figures from 2024 to 2025; red bars are negative (a loss or cash outflow).

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

Growth · year-over-year · Revenue CAGR 85.9%

MetricFY2025FY2024
Revenue growth+85.9%

Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.