Caris Life Sciences (CAI) Research & Development (2024 - 2026)
Caris Life Sciences (CAI) posted Research & Development of $53.8 million for Q2 2026, up 19.36% on a QoQ basis from $45.0 million in Q1 2026, and up 27.22% year-over-year from $42.3 million in Q2 2025.
Analysis
Caris Life Sciences (CAI) Research & Development (2024 - 2026) Analysis & Trends
Caris Life Sciences has reported Research & Development for 3 years, with the latest figure at $53.8 million in Q2 2026.
- On a quarterly basis, Research & Development rose 27.22% year-over-year to $53.8 million in Q2 2026; TTM through Jun 2026 was $184.2 million, a 17.81% increase from a year earlier, with the FY2025 full-year figure at $167.5 million, up 9.77% from the prior year.
- Research & Development was $53.8 million for Q2 2026 at Caris Life Sciences, up from $45.0 million in the prior quarter.
- The five-year high for Research & Development was $53.8 million in Q2 2026, with the low at $36.8 million in Q3 2024.
- Average Research & Development over 3 years is $42.1 million, with a median of $41.3 million recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Research & Development rose 9.17% in 2025, then advanced 27.22% in 2026.
- Over 3 years, Research & Development stood at $37.5 million in 2024, then rose by 17.66% to $44.2 million in 2025, then rose by 21.77% to $53.8 million in 2026.
- The last three Research & Development figures came in at $53.8 million (Q2 2026), $45.0 million (Q1 2026), and $44.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 228.07 Mn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | - |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | - |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | 189.95 Mn |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 52.64 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 53.76 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | - |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 17.32 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | 26.41 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 19.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.76 Mn |
| Mar 31, 2026 | 45.04 Mn |
| Dec 31, 2025 | 44.15 Mn |
| Sep 30, 2025 | 41.27 Mn |
| Jun 30, 2025 | 42.26 Mn |
| Mar 31, 2025 | 39.83 Mn |
| Dec 31, 2024 | 37.53 Mn |
| Sep 30, 2024 | 36.76 Mn |
| Jun 30, 2024 | 38.71 Mn |