Revenue
2023
2024
2025
Carlsmed, Inc. (CARL)
Price$15.60Cached quote
Financial statements
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $50.5M | $27.2M | $13.8M |
| Gross profit | $38.0M | $20.0M | $9.9M |
| Gross margin | 75.31% | 73.80% | 71.88% |
| Research & development | $17.0M | $14.3M | $7.4M |
| Operating expenses | $68.6M | $44.2M | $28.5M |
| Operating income | −$30.6M | −$24.1M | −$18.6M |
| Operating margin | −60.53% | −88.80% | −134.93% |
| EBITDA | −$30.3M | −$24.0M | −$18.1M |
| EBITDA margin | −59.97% | −88.26% | −131.52% |
| Net income | −$29.6M | −$24.3M | −$18.9M |
| Net profit margin | −58.67% | −89.30% | −137.16% |
| Basic EPSper basic share | -$2.12 | -$6.11 | -$0.99 |
| Diluted EPSper diluted share | -$2.12 | -$6.11 | -$0.99 |
Owners
Reported shareholders
≈30.57%of listed shares
Mittendorff Robert II8.32M shares · Jul 24, 2025
View holders
| Holder | % owned |
|---|---|
Mittendorff Robert II | ≈30.57%8.32M shares |
B Capital Healthcare I, L.P. / Hornet Co-Invest Investors, Ltd. / B Capital Global Growth III, L.P. / B CAPITAL GROUP MANAGEMENT, L.P. / Hornet Co-Invest, LP | ≈30.57%8.32M shares |
ROOT JONATHAN D | ≈22.55%6.14M shares |
Presidio Management Group XII, L.L.C. / Tansey Casey M / U.S. Venture Partners XII, L.P. | ≈20.72%5.64M shares |
Jupiter Topco LLC | 4.60%1.25M shares |
Casey Niall | ≈3.61%982.56K shares |
Parkman Healthcare Partners LLC | 2.19%597.32K shares |
BlackRock, Inc. | 1.96%532.59K shares |
KCM Capital Inc | 1.62%440K shares |
Pier Capital, LLC | 1.37%373.68K shares |
MILLENNIUM MANAGEMENT LLC | 1.09%295.91K shares |
Palumbo Wealth Management LLC | 0.98%267.3K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 0.88%238.73K shares |
Schonfeld Strategic Advisors LLC | 0.83%224.8K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.75%204.66K shares |
Greenstein Leonard M. | ≈0.69%188.35K shares |
Russell Investments Group, Ltd. | 0.51%139.14K shares |
STATE STREET CORP | 0.49%133.08K shares |
YOUNG PHILIP M | ≈0.44%119.93K shares |
CITADEL ADVISORS LLC | 0.37%101.73K shares |
Percentages use 27.23M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Reported positions exceed 100% in total, so the circle shows the selected holder only.
Source: SEC Form 4 ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Mar 2, 2026Form 4 | Cordonnier MichaelCEO, President | SellCommon Stock | 197.9K | $13.29 | $2.63M | 1.36M |
| Jul 24, 2025Form 4 | B Capital Healthcare I, L.P. +4TenPercentOwner | BuyCommon Stock · indirect | 1.33M | $15.00 | $20.00M | 5.01M |
| Jul 24, 2025Form 4 | Sidow KevinDirector | BuyCommon Stock | 13.3K | $15.00 | $200.0K | 59.6K |
| Jul 24, 2025Form 4 | Mittendorff Robert IIDirector | BuyCommon Stock · indirect | 1.33M | $15.00 | $20.00M | 5.01M |
| Jul 24, 2025Form 4 | ROOT JONATHAN DDirector | BuyCommon Stock | 466.7K | $15.00 | $7.00M | 484.0K |