Caris Life Sciences CAI
NASDAQ CAI
$26.13 -0.15 (-0.55%)
As of: Aug 24, 2026 · 3:59 PM EDT

Caris Life Sciences (CAI) Research & Development (2024 - 2026)

Caris Life Sciences (CAI) posted quarterly Research & Development of $45.0 million for Q1 2026, up 13.09% year-over-year from $39.8 million in Q1 2025, and up 41.44% quarter-over-quarter from $31.8 million in Q4 2025.

Caris Life Sciences (CAI) Research & Development (2024 - 2026) Analysis & Trends

Caris Life Sciences' Research & Development history runs 3 years deep, the most recent figure standing at $45.0 million for Q1 2026.

  • In Q1 2026, Research & Development rose 13.09% year-over-year to $45.0 million; the TTM figure through Mar 2026 stood at $140.8 million (down 22.26% YoY), while the FY2025 annual figure was $101.6 million, down 33.43% from the prior year.
  • Research & Development for Q1 2026 stood at $45.0 million, up from $31.8 million in the prior quarter.
  • The five-year high for Research & Development was $65.8 million in Q4 2024, with the low at $21.6 million in Q3 2025.
  • The 3-year median for Research & Development is $39.3 million (2024), against an average of $40.2 million.
  • The sharpest annual moves came in 2025 and 2026: Research & Development slumped 51.6% in 2025, then climbed 13.09% in 2026.
  • Caris Life Sciences' Research & Development stood at $65.8 million in 2024, then plunged by 51.6% to $31.8 million in 2025, then surged by 41.44% to $45.0 million in 2026.
  • Business Quant data shows CAI's Research & Development at $45.0 million in Q1 2026, $31.8 million in Q4 2025, and $21.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 138.97 Bn 131.12 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 85.15 Bn 77.15 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 62.84 Bn 57.65 Bn 1.37 Bn 1.37 Bn
4 Moderna 55.74 Bn 50.60 Bn 52.00 Mn 651.00 Mn
5 BeOne Medicines 41.53 Bn 36.43 Bn 1.53 Bn 612.28 Mn
6 Alnylam Pharmaceuticals 31.60 Bn 28.29 Bn 992.69 Mn 413.13 Mn
7 BioNTech SE 27.32 Bn 8.93 Bn 668.28 Mn -588.31 Mn
8 Royalty Pharma 27.29 Bn 26.45 Bn - 97.90 Mn
9 Insmed 26.99 Bn 25.83 Bn 358.27 Mn 210.03 Mn
10 Caris Life Sciences 7.42 Bn 6.63 Bn 182.38 Mn 53.76 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 53.76 Mn
Mar 31, 2026 45.04 Mn
Dec 31, 2025 31.85 Mn
Sep 30, 2025 21.62 Mn
Jun 30, 2025 42.26 Mn
Mar 31, 2025 39.83 Mn
Dec 31, 2024 65.80 Mn
Sep 30, 2024 36.76 Mn
Jun 30, 2024 38.71 Mn