Caris Life Sciences, Inc.

NasdaqGS:CAI Stock Report

Market Cap: US$5.2b

Caris Life Sciences Past Earnings Performance

Past criteria checks 0/6

Caris Life Sciences's earnings have been declining at an average annual rate of -9.8%, while the Biotechs industry saw earnings growing at 36.2% annually. Revenues have been growing at an average rate of 100.5% per year.

Key information

-9.80%

Earnings growth rate

27.77%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate100.51%
Return on equity5.73%
Net Margin-45.35%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

CAI: Strong Q1 Execution And Buyback Will Support Future Upside

Analysts have revised their price target on Caris Life Sciences to $21.00 from $26.23, citing updated assumptions that combine lower projected revenue growth with slightly higher expected profit margins and a reduced future P/E multiple. What’s in the News for Caris Life Sciences Caris Life Sciences reported Q1 2026 results with revenue rising 79%, molecular profiling revenue rising 85%, gross margin expansion, and positive Adjusted EBITDA and free cash flow, as the company positions itself as an AI-enabled precision oncology and molecular diagnostics platform (source: recent earnings coverage).
Seeking Alpha Apr 13

Caris Life Sciences: Post-IPO Pullback Creates A Long-Term Buy Opportunity

Summary Caris Life Sciences' approach pairs molecular profiling, AI, and large clinico-genomic datasets to support oncology diagnostics, therapy selection, and R&D. Its core platforms are the MI Profile and Caris Assure. These contributed to CAI’s strong 2025 revenue growth. CAI clearly benefited from higher reimbursements, better pricing, and rising test volumes in 2025. Similarly, its pipeline adds optionality with the Caris Detect, MI Clarity, and MRD programs for multi-cancer detection and breast recurrence risk. In my view, CAI’s current valuation multiples seem compelling after its post-IPO pullback. As such, I deem CAI a good long-term “Buy” in oncology diagnositcs. Read the full article on Seeking Alpha
New Narrative Feb 18

Whole Genome Push Will Strain Margins Yet Could Eventually Support A Stronger Future

Catalysts About Caris Life Sciences Caris Life Sciences provides comprehensive molecular profiling and data-driven precision medicine solutions across tissue and blood for oncology and related applications. What are the underlying business or industry changes driving this perspective?
Analysis Article Feb 05

Caris Life Sciences, Inc.'s (NASDAQ:CAI) Shares May Have Run Too Fast Too Soon

There wouldn't be many who think Caris Life Sciences, Inc.'s ( NASDAQ:CAI ) price-to-sales (or "P/S") ratio of 9.5x is...

Revenue & Expenses Breakdown

How Caris Life Sciences makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:CAI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26907-411409108
31 Dec 25812-538396100
30 Sep 25649-68237794
30 Jun 25534-799361100
31 Mar 25452-371334100
31 Dec 24412-378326112
31 Dec 23306-463296115
31 Dec 22258-400295101

Quality Earnings: CAI is currently unprofitable.

Growing Profit Margin: CAI is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CAI is unprofitable, and losses have increased over the past 5 years at a rate of 9.8% per year.

Accelerating Growth: Unable to compare CAI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CAI is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (54.5%).


Return on Equity

High ROE: CAI has a negative Return on Equity (5.73%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 19:03
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Caris Life Sciences, Inc. is covered by 14 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Catherine Ramsey SchulteBaird
Michael RyskinBofA Global Research
Mark MassaroBTIG