Caris Life Sciences (CAI) Gross Margin (2024 - 2026)
Caris Life Sciences (CAI) posted quarterly Gross Margin of 99.1% for Q1 2026, up 4946.0% year-over-year from 1.96% in Q1 2025, and up 659.21% quarter-over-quarter from 13.05% in Q4 2025.
Analysis
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 99.1% for Q1 2026.
- In Q1 2026, Gross Margin rose 4946.0% year-over-year to 99.1%; the TTM figure through Mar 2026 stood at 57.14% (down 1589.0% YoY), while the FY2025 annual figure was 67.69%, down 2978.0% from the prior year.
- Gross Margin for Q1 2026 stood at 99.1%, up from 13.05% in the prior quarter.
- The five-year high for Gross Margin was 99.1% in Q1 2026, with the low at 13.05% in Q4 2025.
- The 3-year median for Gross Margin is 66.55% (2025), against an average of 66.92%.
- The sharpest annual moves came in 2025 and 2026: Gross Margin sank 8443 bps in 2025, then jumped 4946 bps in 2026.
- Caris Life Sciences' Gross Margin stood at 97.48% in 2024, then slumped by 87 bps to 13.05% in 2025, then surged by 659 bps to 99.1% in 2026.
- Business Quant data shows CAI's Gross Margin at 99.1% in Q1 2026, 13.05% in Q4 2025, and 69.11% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 85.33% |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 91.59% |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | 90.43% |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 35.86% |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 89.76% |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 76.90% |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 84.20% |
| 10 | Caris Life Sciences | 7.08 Bn | 6.28 Bn | 182.38 Mn | 69.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.16% |
| Mar 31, 2026 | 66.28% |
| Dec 31, 2025 | 76.39% |
| Sep 30, 2025 | 69.11% |
| Jun 30, 2025 | 63.99% |
| Mar 31, 2025 | 49.64% |
| Dec 31, 2024 | 56.94% |
| Sep 30, 2024 | 46.06% |
| Jun 30, 2024 | 40.60% |