Caris Life Sciences (CAI) Gross Margin (2024 - 2026)
Caris Life Sciences' Gross Margin came in at 68.10% for Q2 2026, up 5.43 percentage points from 62.67% a year earlier and up 2.72 percentage points from the prior quarter.
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Analysis
Caris Life Sciences (CAI) Gross Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Caris Life Sciences reported Gross Margin of 69.66%, up 16.11 percentage points year-over-year; for FY2025, it was 66.40%, up 23.03 percentage points from FY2024.
- Going back by year, Gross Margin was 43.37% in FY2024 (+14.19 pp) and 29.17% in FY2023.
- The five-year range for quarterly Gross Margin is 37.54% (Q2 2024) to 75.43% (Q4 2025).
- Year-over-year, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of +18.82 percentage points over the last five quarters.
- Business Quant data shows CAI's Gross Margin at 65.39% (Q1 2026), 75.43% (Q4 2025) and 68.03% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | - |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 29.80% |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | - |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | 65.39% |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 26.95% |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 12.72% |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 32.70% |
| 10 | Caris Life Sciences | 8.68 Bn | 5.51 Bn | 179.60 Mn | 68.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.10% |
| Mar 31, 2026 | 65.39% |
| Dec 31, 2025 | 75.43% |
| Sep 30, 2025 | 68.03% |
| Jun 30, 2025 | 62.67% |
| Mar 31, 2025 | 47.19% |
| Dec 31, 2024 | 54.42% |
| Sep 30, 2024 | 43.70% |
| Jun 30, 2024 | 37.54% |
API Access
Caris Life Sciences Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();