# Caris Life Sciences, Inc.: overview

CAI · Nasdaq · CIK 2019410 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cai.md) · [Financials](/companies/cai/financials.md) · [Filings](/companies/cai/filings.md) · [Insiders](/companies/cai/insiders.md)

Latest reported revenue: [$263.7m](/filings/0002019410-26-000055.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0002019410-26-000055).

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | period not labelled (2024-12-31) | period not labelled (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [102](/filings/0002019410-25-000028.md) | [130 d](/filings/0002019410-26-000016.md) | [121](/filings/0002019410-26-000044.md) | [181](/filings/0002019410-26-000055.md) | [217](/filings/0002019410-25-000028.md) | [293 d](/filings/0002019410-26-000016.md) | [216](/filings/0002019410-26-000044.md) | [264](/filings/0002019410-26-000055.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(59.9%)](/filings/0002019410-25-000028.md) | [(28.5%) d](/filings/0002019410-26-000016.md) | [(47.9%)](/filings/0002019410-26-000044.md) | [(9.9%)](/filings/0002019410-26-000055.md) | [15.1%](/filings/0002019410-25-000028.md) | [30.2% d](/filings/0002019410-26-000016.md) | [2.4%](/filings/0002019410-26-000044.md) | [10.2%](/filings/0002019410-26-000055.md) |
| Net margin | % | [(66.6%)](/filings/0002019410-25-000028.md) | [(28.4%) d](/filings/0002019410-26-000016.md) | [(84.8%)](/filings/0002019410-26-000044.md) | [(39.6%)](/filings/0002019410-26-000055.md) | [11.2%](/filings/0002019410-25-000028.md) | [28.0% d](/filings/0002019410-26-000016.md) | [(0.2%)](/filings/0002019410-26-000044.md) | [(0.2%)](/filings/0002019410-26-000055.md) |
| Diluted EPS | $ per share | [(2.59)](/filings/0002019410-25-000028.md) | not reported | [(3.57)](/filings/0002019410-26-000044.md) | [(7.97)](/filings/0002019410-26-000055.md) | [0.08](/filings/0002019410-25-000028.md) | not reported | [0.00](/filings/0002019410-26-000044.md) | [0.00](/filings/0002019410-26-000055.md) |
| Free cash flow | $m | [(71.3) d](/filings/0002019410-25-000028.md) | [(41.2) d](/filings/0002019410-26-000016.md) | [(34.0)](/filings/0002019410-26-000044.md) | [5.9 d](/filings/0002019410-26-000055.md) | [55.3 d](/filings/0002019410-25-000028.md) | [39.7 d](/filings/0002019410-26-000016.md) | [22.5](/filings/0002019410-26-000044.md) | [6.4 d](/filings/0002019410-26-000055.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2023-12-31) | FY (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: |
| Revenue | $m | [306](/filings/0002019410-26-000016.md) | [412](/filings/0002019410-26-000016.md) | [812](/filings/0002019410-26-000016.md) |
| Gross margin | % | not reported | not reported | not reported |
| Operating margin | % | [(104.4%)](/filings/0002019410-26-000016.md) | [(62.4%)](/filings/0002019410-26-000016.md) | [5.6%](/filings/0002019410-26-000016.md) |
| Net margin | % | [(111.5%)](/filings/0002019410-26-000016.md) | [(68.4%)](/filings/0002019410-26-000016.md) | [(8.4%)](/filings/0002019410-26-000016.md) |
| Diluted EPS | $ per share | [(13.24)](/filings/0002019410-26-000016.md) | [(10.66)](/filings/0002019410-26-000016.md) | [(3.22)](/filings/0002019410-26-000016.md) |
| Free cash flow | $m | [(298)](/filings/0002019410-26-000016.md) | [(254)](/filings/0002019410-26-000016.md) | [66.9](/filings/0002019410-26-000016.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cai/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $551.1m | 30,923,878 |  | Added +138,293 |
| [J. H. Whitney Equity Partners VI, LLC](/funds/1394517.md) | 2026-06-30 | $200.6m | 11,256,615 |  | Reduced −7,000,000 |
| [COATUE MANAGEMENT LLC](/funds/1135730.md) | 2026-06-30 | $175.0m | 9,819,992 |  | Unchanged |
| [BRAIDWELL LP](/funds/1920938.md) | 2026-06-30 | $147.1m | 8,256,032 |  | Added +246,585 |
| [Sixth Street Partners Management Company, L.P.](/funds/1812095.md) | 2026-06-30 | $130.6m | 7,327,041 |  | Reduced −7,058,358 |
| [PointState Capital LP](/funds/1509842.md) | 2026-06-30 | $121.7m | 6,828,835 |  | Reduced −531,611 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $120.2m | 6,558,514 |  | Added +3,098,299 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $98.7m | 5,536,798 |  | Added +679,686 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $86.3m | 4,844,431 |  | Added +1,085,969 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $76.3m | 4,280,238 |  | Added +951,217 |

## Recent filings

[All 131 filings](/companies/cai/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-14 | 16:38 ET | [8-K](/filings/0002019410-26-000061.md) | 7.01 Regulation FD disclosure | 0002019410-26-000061 |
| 2026-08-05 | 17:00 ET | [10-Q](/filings/0002019410-26-000055.md) | Quarterly report, period 2026-06-30 | 0002019410-26-000055 |
| 2026-08-05 | 16:12 ET | [8-K](/filings/0002019410-26-000053.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0002019410-26-000053 |
| 2026-06-05 | 17:03 ET | [8-K](/filings/0002019410-26-000046.md) | 5.07 Shareholder vote results | 0002019410-26-000046 |
| 2026-05-08 | 16:13 ET | [10-Q](/filings/0002019410-26-000044.md) | Quarterly report, period 2026-03-31 | 0002019410-26-000044 |
| 2026-05-07 | 16:14 ET | [8-K](/filings/0002019410-26-000040.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0002019410-26-000040 |
| 2026-04-23 | 06:23 ET | [DEF 14A](/filings/0002019410-26-000032.md) | Proxy statement, period 2026-06-04 | 0002019410-26-000032 |
| 2026-04-02 | 16:28 ET | [8-K](/filings/0002019410-26-000019.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement; 2.03 New direct financial obligation | 0002019410-26-000019 |
| 2026-03-03 | 16:09 ET | [10-K](/filings/0002019410-26-000016.md) | Annual report, period 2025-12-31 | 0002019410-26-000016 |
| 2026-02-26 | 16:11 ET | [8-K](/filings/0002019410-26-000011.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0002019410-26-000011 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0002019410-26-000016.md), filed Mar 3, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/c4a87037-95d8-4be1-8101-79c835eb08f9)

## About the filer

- CIK: 2019410
- Tickers: CAI
- Exchange: Nasdaq
- SIC code: 8071 Services-Medical Laboratories
- State of incorporation: TX
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.
