Caris Life Sciences (CAI) Research & Development (2024 - 2026)
Caris Life Sciences' Research & Development was $32.36 million in Q2 2026, up 29.2% from $25.05 million a year earlier and up 3.3% from the prior quarter.
Caris Life Sciences (CAI) Research & Development (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Caris Life Sciences' Research & Development was $117.14 million through Jun 30, 2026, up 13.9% year-over-year; for FY2025, it came in at $101.58 million, down 10.8% from FY2024.
- In earlier years, Research & Development was $113.92 million in FY2024 (-2.5%) and $116.88 million in FY2023.
- The Q2 2026 figure marks the highest quarterly Research & Development in data going back to Q2 2024.
- Compared with a year earlier, Research & Development has increased for three straight quarters, with growth averaging 12.3% over the last five quarters.
- Per Business Quant data, CAI's Research & Development in the three quarters before Q2 2026 was $31.32 million (Q1 2026), $31.85 million (Q4 2025) and $21.62 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | - |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | - |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | - |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | 96.53 Mn |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 46.06 Mn |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | - |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | - |
| 10 | Caris Life Sciences | 8.68 Bn | 5.51 Bn | 179.60 Mn | 32.36 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.36 Mn |
| Mar 31, 2026 | 31.32 Mn |
| Dec 31, 2025 | 31.85 Mn |
| Sep 30, 2025 | 21.62 Mn |
| Jun 30, 2025 | 25.05 Mn |
| Mar 31, 2025 | 23.07 Mn |
| Dec 31, 2024 | 27.11 Mn |
| Sep 30, 2024 | 27.64 Mn |
| Jun 30, 2024 | 24.79 Mn |
Caris Life Sciences Research & Development 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=research-and-development&ticker=CAI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=CAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();