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

Caris Life Sciences' (CAI) quarterly Gross Margin came in at 99.1% in Q1 2026, up 4946.0% year-on-year from 1.96% in Q1 2025, and up 659.21% quarter-over-quarter from 13.05% in Q4 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 99.1% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 4946.0% year-over-year to 99.1% in Q1 2026; TTM through Mar 2026 was 57.14%, a 1589.0% decrease from a year earlier, with the FY2025 full-year figure at 67.69%, down 2978.0% from the prior year.
  • Gross Margin climbed to 99.1% in Q1 2026 per CAI's latest filing, from 13.05% in the prior quarter.
  • Across five years, Gross Margin topped out at 99.1% in Q1 2026 and bottomed at 13.05% in Q4 2025.
  • The 3-year median for Gross Margin is 66.55% (2025), against an average of 66.92%.
  • Across the five-year window, Gross Margin slumped 8443 bps in 2025 and jumped 4946 bps in 2026, its largest moves.
  • Year by year, Gross Margin stood at 97.48% in 2024, then sank by 87 bps to 13.05% in 2025, then soared by 659 bps to 99.1% in 2026.
  • Per Business Quant, the three latest CAI Gross Margin figures stand at 99.1% (Q1 2026), 13.05% (Q4 2025), and 69.11% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 88.95%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 86.85%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 91.79%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 90.68%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Caris Life Sciences 4.42 Bn 3.60 Bn 214.23 Mn 99.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 99.10%
Dec 31, 2025 13.05%
Sep 30, 2025 69.11%
Jun 30, 2025 63.99%
Mar 31, 2025 49.64%
Dec 31, 2024 97.48%
Sep 30, 2024 46.06%
Jun 30, 2024 96.94%