Caris Life Sciences, Inc.

Caris Life Sciences, Inc.

CAI
Caris Life Sciences, Inc.US flagNASDAQ Global Select
15.48
USD
-1.04
- -
4.38BMarket Cap
Caris Life Sciences, Inc.
CAI
(NASDAQ Global Select)

Recent

price

15.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
TTM
FRC
1.01
1.2
1.48
4.86
3.98
Revenue per Share
-1.57
-1.82
-2.4
-2.71
0.15
Basic EPS, GAAP
-1.29
-1.17
-0.91
0.4
0.54
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
-6.59
-8.32
-8.9
-15.24
-11.18
Book Value per Share
-6.76
-8.49
-9.06
3.34
2.52
Tangible Book Value per Share
255
255
278
167
228
Basic Weighted Avg Shares
258
306
412
812
907
Sales/Revenue/Turnover
-122.16
-104.38
-62.37
5.56
11.94
Operating Margin (%)
48
49
49
23
21
Depreciation Expense
-321
-341
-282
-68
34
Net Income, GAAP
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-124.12
-111.53
-68.38
-8.38
3.75
Profit Margin (%)
379
147
50
871
870
Working Capital
214
211
358
421
425
LT Debt
-1,702
-2,145
-2,499
577
593
Total Equity
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
0.69
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7
7
6
LT Borrowings
376
378
381
LT Finance Leases
44
43
44
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
282
283
283
Market Capitalization
6,302
6,119
4,076

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
854
998
1,014
Cash, Cash Equivalents & STI
755
799
823
Accounts Receivable, Net
27
112
91
Inventories
49
64
76
Total Current Liabilities
86
127
144
Payables & Accruals
55
64
104
ST Debt
7
7
6
Deferred Revenue
3
24
25

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
- -
- -
- -
- -

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

APIChat
  • 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

  • CAI Advances Multicloud and Secure AI Strategy with AWS and Microsoft

  • Caris Life Sciences Publishes Study on the Caris Lookback Program Demonstrating the Ongoing Clinical Value of Comprehensive Testing with Caris MI Cancer Seek

  • Caris Life Sciences Publishes Study on the Caris Lookback Program Demonstrating the Ongoing Clinical Value of Comprehensive Testing with Caris MI Cancer Seek

  • Caris Life Sciences Eyes Bigger Oncology Market After IPO as Revenue Jumps 79%

  • Caris Life Sciences, Inc. (CAI) Presents at Bank of America Global Healthcare Conference 2026 Transcript

  • Caris Life Sciences Publishes Study Showing Whole Exome Measurement of Tumor Mutational Burden Results in Increased Overall Survival Compared to Estimates from Targeted Gene Panels

  • Caris Life Sciences Submits Application to New York State Department of Health for Caris Assure Blood‑Based Testing Authorization

  • Caris Life Sciences, Inc. (CAI) Q1 2026 Earnings Call Transcript

  • Caris Life Sciences Reports First Quarter 2026 Financial Results

  • Caris Life Sciences Launches Caris MI Clarity, the First and Only AI-Powered Test to Predict Both Early and Late Distant Recurrence Risk in Breast Cancer at the Time of Diagnosis

  • Caris Life Sciences Receives MolDX Approval for Caris ChromoSeq, Advancing Access to Comprehensive Genomic Profiling for Myeloid Malignancies

  • Capitan Investment Ltd. Announces Appointment of Chief Financial Officer and Chair

  • Caris Life Sciences Publishes Study Validating Caris AI Insights for Temozolomide Benefit in Glioblastoma Patients

  • Caris Life Sciences to Present at the BofA Securities 2026 Health Care Conference and the Goldman Sachs 47th Annual Global Healthcare Conference

  • Caris Life Sciences to Report First Quarter 2026 Financial Results on May 7, 2026

  • Caris Precision Oncology Alliance Welcomes UCSF Helen Diller Family Comprehensive Cancer Center

  • Caris Life Sciences Right-In-Time Clinical Trial Solution Expands Access to Precision Oncology Trials for Historically Underserved Cancer Patients

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