Caris Life Sciences (CAI) Operating Margin (2024 - 2026)
Caris Life Sciences (CAI) reported Operating Margin of 10.21% for Q2 2026, up 20.13 percentage points from -9.92% a year earlier and up 7.77 percentage points from the prior quarter.
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Analysis
Caris Life Sciences (CAI) Operating Margin (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Caris Life Sciences' Operating Margin came in at 15.49%, up 48.05 percentage points year-over-year; for FY2025, it came in at 5.56%, up 67.92 percentage points from FY2024.
- By year, Operating Margin came in at -62.37% in FY2024 (+42.02 pp) and -104.38% in FY2023.
- Five-year quarterly Operating Margin spans a low of -66.98% in Q2 2024 and a high of 30.19% in Q4 2025.
- Year over year, Operating Margin has now increased in each of the last five quarters, with an average year-over-year change of +52.24 percentage points over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.44% (Q1 2026), 30.19% (Q4 2025) and 15.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -10.07% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 12.10% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -38.55% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 26.67% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | -19.85% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 16.29% |
| 10 | Caris Life Sciences | 8.97 Bn | 5.80 Bn | 179.60 Mn | 10.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.21% |
| Mar 31, 2026 | 2.44% |
| Dec 31, 2025 | 30.19% |
| Sep 30, 2025 | 15.05% |
| Jun 30, 2025 | -9.92% |
| Mar 31, 2025 | -47.93% |
| Dec 31, 2024 | -28.52% |
| Sep 30, 2024 | -59.87% |
| Jun 30, 2024 | -66.98% |
API Access
Caris Life Sciences Operating 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=operating-margin&ticker=CAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();