Carlsmed, Inc. (NASDAQ:CARL) — Market Cap & Net Worth

$409.27 Million USD  · Rank #13348

Market Cap & Net Worth: Carlsmed, Inc. (CARL)

Carlsmed, Inc. (NASDAQ:CARL) has a market capitalization of $409.27 Million ($409.27 Million) as of September 17, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #13348 globally and #3246 in its home market, demonstrating a -2.37% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Carlsmed, Inc.'s stock price $15.23 by its total outstanding shares 27302743 (27.30 Million). Also see CARL current and non-current assets for a full breakdown of the balance sheet.

Carlsmed, Inc. Market Cap History: 2025 to 2026

Carlsmed, Inc.'s market capitalization history from 2025 to 2026. Data shows growth from $337.19 Million to $415.82 Million (0.00% CAGR). Also see Carlsmed, Inc. (CARL) cash flow conversion for how efficiently the company converts equity into cash flow.

Carlsmed, Inc. Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Carlsmed, Inc.'s valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check CARL share price today for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

6.68x

Carlsmed, Inc.'s market cap is 6.68 times its annual revenue

Industry average: 2.25x Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2025 $337.19 Million $50.51 Million -$29.63 Million 6.68x N/A

Competitor Companies of CARL by Market Capitalization

Companies near Carlsmed, Inc. in the global market cap rankings as of September 17, 2026. Review CARL intangible-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Carlsmed, Inc. by market ranking:

  • Veeva Systems Inc Class A (NYSE:VEEV): Ranked #738 globally with a market cap of $37.44 Billion USD.
  • Pro Medicus Ltd (AU:PME): Ranked #1902 globally with a market cap of $12.23 Billion USD ( AU$17.28 Billion AUD).
  • Tempus AI, Inc. Class A Common Stock (NASDAQ:TEM): Ranked #2076 globally with a market cap of $11.06 Billion USD.
  • BrightSpring Health Services, Inc. Common Stock (NASDAQ:BTSG): Ranked #2133 globally with a market cap of $10.63 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#738 Veeva Systems Inc Class A NYSE:VEEV $37.44 Billion $266.62
#1902 Pro Medicus Ltd AU:PME $12.23 Billion AU$165.45
#2076 Tempus AI, Inc. Class A Common Stock NASDAQ:TEM $11.06 Billion $68.85
#2133 BrightSpring Health Services, Inc. Common Stock NASDAQ:BTSG $10.63 Billion $58.84

Carlsmed, Inc. Historical Marketcap From 2025 to 2026

Between 2025 and today, Carlsmed, Inc.'s market cap moved from $337.19 Million to $ 415.82 Million, with a yearly change of 0.00%.

Year Market Cap Change (%)
2026 $415.82 Million +23.32%
2025 $337.19 Million --

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Carlsmed, Inc. was reported to be:

Source Market Cap
Yahoo Finance $409.27 Million USD
MoneyControl $409.27 Million USD
MarketWatch $409.27 Million USD
marketcap.company $409.27 Million USD
Reuters $409.27 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Carlsmed, Inc.

NASDAQ:CARL USA Health Information Services
Market Cap
$415.82 Million
Market Cap Rank
#13348 Global
#3246 in USA
Share Price
$15.23
Change (1 day)
-0.72%
52-Week Range
$8.83 - $16.99
All Time High
$16.99
About

Carlsmed, Inc., a commercial-stage medical technology company, designs, manufactures, and markets AI-enabled personalized spine surgery solutions. The company develops aprevo, a comprehensive technology platform for spine fusion surgery procedures. Its aprevo platform includes proprietary surgical planning software, using outcomes-based algorithms that are aided with artificial intelligence, and … Read more