Caris Life Sciences (CAI) Gross Margin (2024 - 2026)

Caris Life Sciences (CAI) recorded quarterly Gross Margin of 79.16% in Q1 2026, down 6.78% quarter-over-quarter from 84.93% in Q4 2025, and up 1210.0% on a YoY basis from 6.04% in Q1 2025.

Caris Life Sciences (CAI) Gross Margin (2024 - 2026) Analysis & Trends

Caris Life Sciences' Gross Margin history runs 3 years deep, the most recent figure standing at 79.16% for Q1 2026.

  • In Q1 2026, Gross Margin rose 1210.0% year-over-year to 79.16%; the TTM figure through Mar 2026 stood at 80.96% (up 1474.0% YoY), while the FY2025 annual figure was 79.37%, up 1639.0% from the prior year.
  • Gross Margin was 79.16% for Q1 2026 at Caris Life Sciences, down from 84.93% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 84.93% in Q4 2025 to a low of 61.31% in Q2 2024.
  • Historically, Gross Margin has averaged 73.13% across 3 years, with a median of 73.91% in 2024.
  • The sharpest annual moves came in 2025 and 2026: Gross Margin jumped 1714 bps in 2025, then jumped 1210 bps in 2026.
  • A 3-year view of Gross Margin shows it stood at 71.12% in 2024, then climbed by 19 bps to 84.93% in 2025, then retreated by 7 bps to 79.16% in 2026.
  • The last three Gross Margin figures came in at 79.16% (Q1 2026), 84.93% (Q4 2025), and 80.97% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 79.04%
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 86.85%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Caris Life Sciences 5.22 Bn 4.40 Bn 171.13 Mn 79.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 79.16%
Dec 31, 2025 84.93%
Sep 30, 2025 80.97%
Jun 30, 2025 76.70%
Mar 31, 2025 67.06%
Dec 31, 2024 71.12%
Sep 30, 2024 63.83%
Jun 30, 2024 61.31%