# Carlsmed (CARL) — Overview

CARL · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/carl

## Price

Last close $13.95 on Oct 15, 2026. 52-week range $8.83 – $16.99.

## Company profile

Carlsmed Inc is a commercial-stage medical technology company focused on developing AI-enabled personalized solutions for spine surgery. The company operates as a single operating and reportable segment engaged in the design, manufacture, and marketing of its Aprevo technology platform, which provides customized surgical planning and implants for lumbar and cervical spine fusion procedures, mainly sold to hospitals and ambulatory surgical centers.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $63.3M |
| Revenue (quarter) | $18.9M |
| Revenue growth (year over year) | 56.75% |
| Gross profit (trailing twelve months) | $48.5M |
| Gross margin | 76.63% |
| Net income (trailing twelve months) | −$36.3M |
| Net income (quarter) | −$10.5M |
| Net income growth (year over year) | -55.34% |
| Net margin | -57.42% |
| Return on equity | -6196.93% |
| EPS (trailing twelve months) | $0.11 |
| Book value per share | $3.09 |
| P/E (trailing twelve months) | — |
| Price to book | 4.5 |
| Debt to assets | 28.73% |
| Payout ratio | 0.00% |
| Dividend yield | 0.00% |

## Frequently Asked Questions

### Is Carlsmed (CARL) profitable?

No. Carlsmed reported a net loss of $36.3M over the trailing twelve months.

### How much revenue does Carlsmed (CARL) make?

Carlsmed generated $63.3M in revenue over the trailing twelve months, up 56.75% year over year.

### How do I buy stock in Carlsmed (CARL)?

CARL trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).