Carter Bankshares financials
$30.12+1.55%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $90.2M | $130.2M | $64.5M | $64.5M | $62.7M | $62.9M | $61.9M | $62.0M | $60.1M | $59.1M | $55.1M | $54.2M |
| Gross profit | $68.7M | $106.9M | $39.8M | $39.1M | $37.3M | $37.0M | $34.5M | $34.2M | $33.6M | $33.5M | $30.7M | $32.7M |
| Gross margin | 76.1% | 82.1% | 61.7% | 60.6% | 59.5% | 58.9% | 55.8% | 55.2% | 55.9% | 56.6% | 55.6% | 60.3% |
| Operating income | $37.2M | $110.0M | $11.1M | $7.2M | $10.6M | $11.1M | $10.7M | $7.0M | $5.9M | $7.2M | -$1.9M | $4.4M |
| Net income | $28.5M | $84.7M | $8.5M | $5.4M | $8.4M | $8.9M | $8.3M | $5.6M | $4.8M | $5.8M | -$1.9M | $3.6M |
| Net margin | 31.6% | 65.1% | 13.1% | 8.4% | 13.4% | 14.1% | 13.4% | 9.1% | 8.0% | 9.8% | −3.4% | 6.7% |
| Diluted EPS | $1.31 | $3.88 | $0.39 | $0.24 | $0.37 | $0.39 | $0.36 | $0.24 | $0.21 | $0.25 | $-0.08 | $0.16 |
| EBITDA | $37.2M | $110.0M | $11.1M | $7.2M | $10.6M | $11.1M | $10.7M | $7.0M | $5.9M | $7.2M | -$1.9M | $4.4M |
| Operating cash flow | -$260.5M | $303.9M | $12.1M | $11.8M | $9.6M | $6.4M | $11.5M | $10.3M | -$2.5M | $17.6M | $7.9M | $9.3M |
| Free cash flow | -$262.9M | $302.4M | $9.0M | $10.3M | $7.7M | $4.9M | $8.3M | $8.4M | -$4.3M | $16.3M | $6.1M | $7.3M |
| Diluted shares | 21.8M | 21.8M | 21.9M | 22.3M | 22.8M | 22.9M | 22.8M | 22.8M | 22.8M | 22.8M | 22.7M | 22.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $109.1M | $228.3M | $93.0M | $106.9M | $99.9M | $89.0M |
| Short-term investments | $828.9M | $680.8M | $730.9M | $749.8M | $774.1M | $761.4M |
| Total debt | $0.00 | $0.00 | $178.5M | $175.5M | $113.5M | $55.0M |
| Total assets | $4.80B | $4.80B | $4.85B | $4.84B | $4.78B | $4.70B |
| Total liabilities | $4.26B | $4.29B | $4.43B | $4.43B | $4.38B | $4.30B |
| Shareholders' equity | $539.1M | $504.9M | $419.7M | $412.8M | $405.6M | $401.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology