Caris Life Sciences, Inc.

Caris Life Sciences, Inc.

CAI
Caris Life Sciences, Inc.US flagNASDAQ Global Select
25.07
USD
-0.25
- -
7.09BMarket Cap
Caris Life Sciences, Inc.
CAI
(NASDAQ Global Select)

Recent

price

25.07

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
TTM
FRC
1.01
1.2
1.48
4.86
3.5
Revenue per Share
-1.57
-1.82
-2.4
-2.71
0.37
Basic EPS, GAAP
-1.29
-1.17
-0.91
0.4
0.52
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
-6.12
-7.72
-8.99
2.04
2.09
Book Value per Share
-6.19
-7.79
-9.06
1.97
2.03
Tangible Book Value per Share
255
255
278
167
282
Basic Weighted Avg Shares
258
306
412
812
990
Sales/Revenue/Turnover
-122.16
-104.38
-62.37
5.56
15.49
Operating Margin (%)
48
49
49
23
21
Depreciation Expense
-321
-341
-282
-68
105
Net Income, GAAP
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-124.12
-111.53
-68.38
-8.38
10.62
Profit Margin (%)
379
147
50
871
866
Working Capital
214
211
358
421
446
LT Debt
-1,702
-2,145
-2,499
577
592
Total Equity
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
-2.14
Return on Capital (%)
- -
- -
- -
- -
-84.89
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7
6
7
LT Borrowings
378
381
393
LT Finance Leases
43
44
53
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
283
283
283
Market Capitalization
7,623
5,054
5,036

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
998
1,014
1,058
Cash, Cash Equivalents & STI
799
823
793
Accounts Receivable, Net
112
91
117
Inventories
64
76
124
Total Current Liabilities
127
144
191
Payables & Accruals
64
104
149
ST Debt
7
6
7
Deferred Revenue
24
25
21

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-123.1%
Free Cash Flow
- -
- -
-126.37%
Net Income, GAAP
- -
- -
-75.85%
Sales/Revenue/Turnover
- -
- -
96.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
81
100
- -
- -
412
2025
121
181
217
293
812
2026
216
264
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.53
-0.26
- -
- -
-2.4
2025
-0.46
-1.11
0.09
0.29
-2.71
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Caris Life Sciences, Inc. (NASDAQ:CAI) is a molecular diagnostics company that specializes in precision oncology through advanced AI-driven molecular profiling and sequencing technologies. The company offers comprehensive molecular profiling services, including whole exome sequencing (WES) and whole transcriptome sequencing (WTS) for solid and hematologic tumors; Caris Assure, a pan-cancer blood-based assay utilizing circulating nucleic acid sequencing (cNAS) for therapy selection; MI Cancer Seek, an FDA-approved companion diagnostic for solid tumor profiling in adult and pediatric patients; and liquid biopsy platforms for multi-cancer early detection (MCED), minimal residual disease (MRD) monitoring, and therapy guidance, supported by one of the world's largest clinico-genomic databases exceeding 660,000 patient records. Caris serves oncologists, patients, and biopharma partners across the continuum of cancer care, from early detection and diagnosis to therapy selection and drug development, with applications extending to non-oncology areas such as cardiology and neurology. Founded in 2008 and headquartered in Irving, Texas, the company operates labs and offices in Phoenix, New York, Cambridge, Tokyo, and Basel, providing services in the United States, Europe, Australia, and other international markets. Recent developments include a $168 million growth capital raise in April 2025 led by Braidwell LP with participation from Perceptive Advisors, Woodline, and others, bringing total funding since 2018 to $1.86 billion; the commercial launch of Caris Assure in 2024 following FDA approval of MI Cancer Seek; strategic partnerships such as a January 2024 multimodal data collaboration with Flatiron Health and an April 2024 antibody-drug conjugate alliance with Merck potentially worth up to $1.4 billion in milestones; and the launch of its initial public offering roadshow in June 2025, with shares listed on Nasdaq under CAI.

Company News

  • Caris Life Sciences to Present New Research Advancing Precision Oncology at the IASLC 2026 World Conference on Lung Cancer

  • Caris Life Sciences study finds AI tool could guide pancreatic cancer treatment choice

  • Caris Life Sciences Publishes npj Precision Oncology Study Showing AI-Guided Therapy Selection is Predictive of Longer Survival in Patients with Pancreatic Cancer

  • Caris Life Sciences: Guidance Raised, Valuation Still Attractive

  • Caris Life Sciences, Inc. (CAI) Q2 2026 Earnings Call Transcript

  • Caris Life Sciences,?Inc. (CAI) Reports Break-Even Earnings for Q2

  • Caris Life Sciences Q2 Earnings Call Highlights

  • Caris Life Sciences Reports Second Quarter 2026 Financial Results and Increases 2026 Revenue Guidance

  • Caris Life Sciences: Disrupting Cancer Screening And Therapy Selection

  • Caris Life Sciences to Report Second Quarter 2026 Financial Results on August 5, 2026

  • Caris Life Sciences Expands Precision Oncology in Metastatic Prostate Cancer with PTEN IHC Testing

  • Caris Life Sciences Launches Caris Detect, the World's Most Sensitive and Comprehensive Multi-Cancer Early Detection Blood Test

  • Virginia Information Technologies Agency Selects CAI to Deliver Statewide Cybersecurity Services to Local Governments

  • CAI Named to Newsweek's America's Greatest Workplaces in Tech 2026

  • Caris Life Sciences Announces Dual Listing on NYSE Texas

  • Caris Life Sciences: The Discount To Peers Looks Hard To Ignore

  • Caris Life Sciences, Inc. (CAI) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript

  • Caris Life Sciences Announces Share Repurchase Program

  • Capitan Investment Ltd. Announces Adoption of Semi-Annual Reporting

  • Caris Life Sciences Launches Behind the Diagnosis Campaign Spotlighting Patient Lives Transformed by Caris' Comprehensive Genomic Testing