Caris Life Sciences,�Inc.

CAI Healthcare Biotechnology

Caris Life Sciences,�Inc.’s revenue for fiscal 2025 (year ended December 2025) was $812.0 million, up 97.0% from fiscal 2024. In the quarter to June 2026, revenue grew 45.4%, EPS grew 100.0%, free cash flow grew 8.47% and total debt rose 5.20%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

30.56 1.20 −3.78%
Market cap
$9.0B
P/E
81.3×
Fwd P/E
163×
Dividend yield
—
F-score
n/a
Altman Z
3.55
Beneish M
−2.71
Dividend safety
n/a

Insider Decisions trades per month

Total buys 1.60
Total sells 28.86
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 2 — — — — — 2 — — — — —
Sell — 1 — — — — — — — — 3 —
Insider Ownership 55.34%

Capital & Financial Ratios $m

Market Cap 8,980.00
Revenue 989.61
Net Income 105.14
Free Cash Flow 123.96
Net Debt (399.96)
Current Ratio 5.53 (at or above 1.5: strong)
Debt/Equity 0.66
P/E ratio 81.30 (above 35: high)
Fwd P/E 163.00 (above 35: high)
P/S ratio 8.74
P/B ratio 14.61 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 129.56% (at or above 15%: strong)
Next Y EPS Growth 191.34% (at or above 15%: strong)
Next Y revenue growth 26.72% (at or above 10%: strong)
Next 5Y EPS Growth 36.93% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2021 0.90
0.30
0.30
0.30
2020 0.50
0.25
0.25
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash — 68 800 793
Receivables — 88 112 117
Inventory — 40 64 124
Other — — — —
— 216 998 1,058
2023 2024 2025 Q'26
Payables — 28 39 86
ST’ Debt — 60 0 0
Other — — — —
— 165 127 191

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 216 264 — — —
’25 121 181 217 293 812
’24 — 100 102 — 412
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 33 28 — — —
’25 (31) 7 62 45 83
’24 — (137) (69) (39) (245)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 23 6 — — —
’25 (34) 6 55 40 67
’24 — (141) (71) (41) (254)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.00 0.00 — — —
’25 (2.88) (7.97) 0.08 0.28 (3.22)
’24 — (1.87) (1.90) — (7.94)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — — 22.86

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — — 42.50
People
People Employees — — — — — — — — 1,769 1,846
Revenue/emp, $m — — — — — — — 0.00 0.23 0.44
Income, $m
Income, $m Revenue — — — — — — — 306 412 812
Gross margin, % — — — — — — — 29.17 43.37 66.40
EBT — — — — — — — (341) (282) (68)
EBT margin, % — — — — — — — (111.53) (68.38) (8.38)
Net income — — — — — — — (341) (282) (68)
Depreciation — — — — — — — 54 56 35
Per share, $
Per share, $ Revenue — — — — — — — 8.76 11.61 4.86
Earnings — — — — — — — (9.77) (7.94) (3.22)
Cash flow — — — — — — — (7.90) (6.91) 0.50
Capex — — — — — — — (0.64) (0.24) (0.10)
Free cash flow — — — — — — — (8.54) (7.15) 0.40
Book value — — — — — — — 0.00 (70.40) 3.45
Shares, m — — — — — — — 35 35 167
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 0.00
P/S — — — — — — — 0.00 0.00 5.56
P/B — — — — — — — 0.00 0.00 7.81
EV/Sales — — — — — — — 0.00 0.00 5.04
EV/FCF — — — — — — — (4.55) (4.55) 61.14
Cash, $m
Cash, $m Operating cash flow — — — — — — — (276) (245) 83
Capex — — — — — — — (22) (8) (16)
Free cash flow — — — — — — — (298) (254) 67
Balance, $m
Balance, $m Working capital — — — — — — — — 50 871
Total debt — — — — — — — — 380 379
Net debt — — — — — — — — 312 (421)
Shareholders’ equity — — — — — — — — (2,499) 577
Returns, %
Returns, % ROA — — — — — — — 0.00 (220.09) (73.22)
ROIC — — — — — — — 0.00 0.00 18.05
ROE — — — — — — — 0.00 0.00 55.99
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Caris Life Sciences,�Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KRYS Krystal Biotech, Inc. $9.8B 38.3× 38.6× +24.14% (above 0%: growing) +39.10% (above 0%: growing) +40.14% (above 0%: growing) 94.60% 49.00% Compare
KYMR Kymera Therapeutics, Inc. $9.0B — (loss-making) — (loss-making) +466.40% (above 0%: growing) n/m +9.97% (above 0%: growing) 100.00% (116.32%) Compare
CAI Caris Life Sciences,�Inc. $9.0B 81.3× 163× +45.38% (above 0%: growing) n/m +8.47% (above 0%: growing) 68.10% 10.21%
CYTK Cytokinetics, Incorporated $8.9B — (loss-making) — (loss-making) −57.13% (below 0%: shrinking) n/m −24.02% (below 0%: shrinking) 80.46% (625.95%) Compare
PTGX Protagonist Therapeutics, Inc. $8.8B 106× 25.0× +3,749.17% (above 0%: growing) n/m +839.65% (above 0%: growing) 100.00% 74.37% Compare
TGTX TG Therapeutics, Inc. $8.6B 17.8× 29.4× +70.27% (above 0%: growing) −73.68% (below 0%: shrinking) +427.05% (above 0%: growing) 82.86% 9.02% Compare
AXSM Axsome Therapeutics, Inc. $8.5B — (loss-making) — (loss-making) +45.54% (above 0%: growing) n/m −2.98% (below 0%: shrinking) 93.79% (22.73%) Compare
ARWR Arrowhead Pharmaceuticals, Inc. $8.3B — (loss-making) — (loss-making) +171.02% (above 0%: growing) n/m −15.43% (below 0%: shrinking) 100.00% (226.03%) Compare
ABVX Abivax SA Sponsored ADR $8.1B — (loss-making) — — n/m −48.28% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $8.7B 38.3× 29.4× +70.27% — +3.49% 94.20% (11.36%)

All 614 Biotechnology stocks →

Caris Life Sciences,�Inc. (CAI) key facts

  • Strength: Caris Life Sciences,�Inc.’s revenue for fiscal 2025 (year ended December 2025) was $812.0 million, up 97.0% from fiscal 2024.
  • Caris Life Sciences,�Inc. (CAI) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, CAI traded at $30.56, a market capitalization of $9.0 billion.
  • Return on equity was 56.0% and debt-to-equity 0.66.
  • Its Altman Z-score is 3.55 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Caris Life Sciences,�Inc. (CAI) Latest News

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stockrow.com/CAI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com