stock
CARL · CARLSMED, INC.
What CARLSMED, INC. reports to the SEC, read from its filings.
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The live CARL price and today's change.
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Thirty days of daily bars, with signal levels drawn on them.
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The latest signal group Nakagai's scanner recorded on CARL.
Sign in to see thisOptions positioning
Gamma exposure levels from the options market.
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Trend, momentum and volatility gauges per timeframe.
Sign in to see thisWhat it is
- Industry
- Surgical & Medical Instruments & Apparatus (SIC 3841)
- Filer (SEC EDGAR)
- EDGAR filing index
- Shares outstanding
- 27,302,743 as of 2026-08-03 (XBRL frame CY2026Q2I)
Key stats
Valuation
- P/E
- Locked
- P/S
- Locked
- P/B
- Locked
- Enterprise value
- Locked
- EV/EBIT
- Locked
- FCF yield
- Locked
Margins
- Gross
- 76.6%
- Operating
- -61.1%
- Net
- -57.4%
Returns
- ROE
- -43.1%
- ROA
- -30.7%
Health
- Current ratio
- 8.8x
- Debt/equity
- 0.2x
Deep value
- NCAV
- $75.64M
- NCAV per share
- $2.77
- Price/NCAV
- Locked
- NNWC
- $23.76M
- NNWC per share
- $0.87
- Price/NNWC
- Locked
Valuation and the price multiples are built on the live price. Trailing twelve months to 2026-06-30; balance sheet at 2026-06-30.
Sign in to see thisDebt is long-term debt and its current portion. Commercial paper and short-term borrowings are not counted.
Results
| Period end | Revenue | Gross profit | Operating income | Net income | Filing |
|---|---|---|---|---|---|
| 2026-06-30 | $18.94M | $14.54M | -$11.04M | -$10.51M | 10-Q filed 2026-08-05 |
| 2026-03-31 | $16.12M | $12.43M | -$9.28M | -$8.70M | 10-Q filed 2026-08-05 Assembled from more than one filing; the filing above is only the newest of them. |
| 2025-12-31 | $15.16M | $11.61M | -$9.32M | -$8.61M | 10-K filed 2026-02-25 Derived: the full year minus the first three quarters, not a figure this filer reported as a quarter. |
| 2025-09-30 | $13.07M | $9.93M | -$9.04M | -$8.53M | 10-Q filed 2025-11-06 |
| 2025-06-30 | $12.08M | $8.87M | -$6.50M | -$6.77M | 10-Q filed 2026-08-05 |
| 2025-03-31 | $10.19M | $7.64M | -$5.72M | -$5.73M | 10-Q filed 2026-08-05 Assembled from more than one filing; the filing above is only the newest of them. |
| 2024-12-31 | — | — | — | -$4.72M | 10-K filed 2026-02-25 Derived: the full year minus the first three quarters, not a figure this filer reported as a quarter. |
| 2024-09-30 | $6.59M | $4.80M | -$7.78M | -$7.81M | 10-Q filed 2025-11-06 |
- Assets
- $118.20M
- Equity
- $84.25M
Balance as of 2026-06-30.
Ten years
| Fiscal year end | Revenue | Operating income | Net income | Free cash flow |
|---|---|---|---|---|
| 2025-12-31 | $50.51M | -$30.57M | -$29.63M | -$29.62M |
| 2024-12-31 | $27.16M | -$24.12M | -$24.26M | -$25.65M |
Company filings
since Fri Aug 14
events
Executive or director change, Regulation FD disclosure
Executive or director changeRegulation FD disclosureSep 308-KExecutive or director change, Regulation FD disclosure
Executive or director changeRegulation FD disclosureSep 88-KResults
ResultsAug 58-KShareholder vote results
Shareholder vote resultsJun 38-KResults
ResultsMay 58-KResults
ResultsFeb 258-K
5% owners ()
B Capital Global Growth III, L.P.
Passive stake
U.S. Venture Partners XII, L.P.
Passive stake
Insiders, politicians and funds
Insider trades, last 90 days
Bertolini Jeffrey
Chief Operating Officer
Sale$3,400Oct 1, 5:35 PM ET
Presidio Management Group XII, L.L.C.
10% owner
Buy$3,000,000Sep 15, 5:07 PM ET
Politician trades, last 90 days
No politician trades filed in the last 90 days.
Funds
None of the tracked funds held this at their last 13F.
News
Stories that named CARL, and the market events around them.
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Retry the CARL boardnakagai
Signals on CARL come from a rule, not a model.
Nakagai’s scanner records a signal the moment a strategy’s rule matches on the bars. Members read those signals on their own desk, where an agent journals the tape and briefs them in plain English.
Members post on the CARL board