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CalciMedica, Inc. (CALC) Fundamental Analysis & AI Grade 2026

CALC Nasdaq Pharmaceutical Preparations DE CIK: 0001534133
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
88% Confidence
STRONG AGREEMENT
D
85% Conf
D
92% Conf

📊 CALC Key Takeaways

Revenue: $106.0K
Net Margin: 4,694.3%
Free Cash Flow: $-4.9M
Current Ratio: 1.61x
Debt/Equity: N/A
EPS: $0.30
AI Grade: D with 85% confidence
CalciMedica, Inc. (CALC) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $106.0K, net profit margin of 4,694.3%, CalciMedica, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete CALC stock analysis for 2026.

Is CalciMedica, Inc. (CALC) a Good Investment?

Claude

CalciMedica exhibits critical financial distress with negative stockholders equity (-$1.1M), minimal revenue ($106K, declining -29.7% YoY), and unsustainable operating losses (-$5.6M) representing a cash burn of 5,293% of revenue. The company's apparent profitability ($5.0M net income) is illusory, driven entirely by non-operating gains while core operations hemorrhage cash at -$4.9M annually, providing only ~1.7 years of runway from the current $8.2M cash position.

ChatGPT

CalciMedica’s fundamentals are extremely weak: revenue is small and declining, while operating losses, net losses, and free cash outflow are vastly larger than the top line. Although liquidity is currently supported by a solid cash balance and strong current ratio, negative equity and sustained cash burn indicate a fragile financial position that likely depends on future external funding rather than internally generated business strength.

CalciMedica, Inc. Key Strengths (CALC)

Claude
  • + Cash position of $8.2M provides near-term operational runway
  • + Minimal capital expenditure requirements preserve liquidity for R&D deployment
  • + Active insider engagement evidenced by 6 Form 4 filings in 90 days
ChatGPT
  • + Cash and equivalents of $11.52M provide near-term liquidity support
  • + Current and quick ratios of 3.58x indicate acceptable short-term balance sheet liquidity
  • + Capital expenditure is minimal, limiting additional fixed-asset cash demands

CALC Stock Risks: CalciMedica, Inc. Investment Risks

Claude
  • ! Negative stockholders equity (-$1.1M) indicates technical insolvency and balance sheet deterioration
  • ! Unsustainable operating cash burn of $4.9M annually with only $106K revenue generation
  • ! Revenue declining YoY in pharmaceutical sector suggests inability to commercialize products or market traction failure
  • ! Operating losses of 5,293% of revenue indicate fundamental business model failure at current scale
  • ! Cash runway exhaustion within 1.7 years without external funding or operational inflection
ChatGPT
  • ! Revenue declined 29.7% YoY and remains far too small to support the cost structure
  • ! Net loss of $29.56M and free cash flow of -$21.21M reflect severe ongoing cash burn
  • ! Negative stockholders’ equity of -$6.64M signals balance-sheet weakness and potential future financing pressure

Key Metrics to Watch

Claude
  • * Operating cash burn trend and path to cash flow breakeven
  • * Revenue growth from product commercialization or partnerships
  • * Cash position and dilutive financing events required to extend runway
  • * Operating margin improvement trajectory toward profitability
ChatGPT
  • * Quarterly operating cash burn relative to cash balance
  • * Revenue trajectory and whether operating losses narrow materially

CalciMedica, Inc. (CALC) Financial Metrics & Key Ratios

Revenue
$106.0K
Net Income
$5.0M
EPS (Diluted)
$0.30
Free Cash Flow
$-4.9M
Total Assets
$8.6M
Cash Position
$8.2M

💡 AI Analyst Insight

CalciMedica, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CALC Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -5,293.4%
Net Margin 4,694.3%
ROE N/A
ROA 57.8%
FCF Margin -4,581.1%

CALC vs Healthcare Sector: How CalciMedica, Inc. Compares

How CalciMedica, Inc. compares to Healthcare sector averages

Net Margin
CALC 4,694.3%
vs
Sector Avg 12.0%
CALC Sector
ROE
CALC 0.0%
vs
Sector Avg 15.0%
CALC Sector
Current Ratio
CALC 1.6x
vs
Sector Avg 2.0x
CALC Sector
Debt/Equity
CALC 0.0x
vs
Sector Avg 0.6x
CALC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is CalciMedica, Inc. Stock Overvalued? CALC Valuation Analysis 2026

Based on fundamental analysis, CalciMedica, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
4,694.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

CalciMedica, Inc. Balance Sheet: CALC Debt, Cash & Liquidity

Current Ratio
1.61x
Quick Ratio
1.61x
Debt/Equity
N/A
Debt/Assets
112.8%
Interest Coverage
N/A
Long-term Debt
N/A

CALC Revenue & Earnings Growth: 5-Year Financial Trend

CALC 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: CalciMedica, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-1.22 indicates the company is currently unprofitable.

CALC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-4,581.1%
Free cash flow / Revenue

CalciMedica, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$4.9M
Cash generated from operations
Dividends
None
No dividend program

CALC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for CalciMedica, Inc. (CIK: 0001534133)

📋 Recent SEC Filings

Date Form Document Action
May 12, 2026 10-Q ck0001534133-20260331.htm View →
May 12, 2026 8-K ck0001534133-20260512.htm View →
Apr 30, 2026 10-K/A ck0001534133-20251231.htm View →
Apr 7, 2026 4 xslF345X06/form4-04072026_090411.xml View →
Apr 7, 2026 4 xslF345X06/form4-04072026_090409.xml View →

Frequently Asked Questions about CALC

What is the AI rating for CALC?

CalciMedica, Inc. (CALC) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CALC's key strengths?

Claude: Cash position of $8.2M provides near-term operational runway. Minimal capital expenditure requirements preserve liquidity for R&D deployment. ChatGPT: Cash and equivalents of $11.52M provide near-term liquidity support. Current and quick ratios of 3.58x indicate acceptable short-term balance sheet liquidity.

What are the risks of investing in CALC?

Claude: Negative stockholders equity (-$1.1M) indicates technical insolvency and balance sheet deterioration. Unsustainable operating cash burn of $4.9M annually with only $106K revenue generation. ChatGPT: Revenue declined 29.7% YoY and remains far too small to support the cost structure. Net loss of $29.56M and free cash flow of -$21.21M reflect severe ongoing cash burn.

What is CALC's revenue and growth?

CalciMedica, Inc. reported revenue of $106.0K.

Does CALC pay dividends?

CalciMedica, Inc. does not currently pay dividends.

Where can I find CALC SEC filings?

Official SEC filings for CalciMedica, Inc. (CIK: 0001534133) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CALC's EPS?

CalciMedica, Inc. has a diluted EPS of $0.30.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CALC's fundamental grade?

Based on our AI fundamental analysis in June 2026, CalciMedica, Inc. has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CALC stock overvalued or undervalued?

Valuation metrics for CALC: ROE of N/A (sector avg: 15%), net margin of 4,694.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CALC's AI grade for 2026?

Our dual AI analysis gives CalciMedica, Inc. a combined D grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is CALC's free cash flow?

CalciMedica, Inc.'s operating cash flow is $-4.9M, with capital expenditures of $0.0. FCF margin is -4,581.1%.

How does CALC compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 4,694.3% (avg: 12%), ROE N/A (avg: 15%), current ratio 1.61 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI