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How Caris Life Sciences (CAI) makes money

Caris Life Sciences (CAI) made $275M of revenue in the third quarter 2026 (Q3 2026), +27% from a year earlier. Molecular Profiling Services brought in $263M (95%); Pharma Research and Development Services brought in $12.7M (5%). Of every dollar of revenue, 7¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

Caris Life Sciences revenue by segment, Q3 2026Caris Life Sciences revenue by segment, Q3 2026Molecular Profiling Services$263MPharma Research and Development S…$12.7M
Caris Life Sciences: revenue by line, Q2 2025 to Q3 2026Caris Life Sciences: revenue by line, Q2 2025 to Q3 2026Molecular Profiling S…Pharma Research and D…Molecular Profiling Services: $263M latest$263MPharma Research and Development Services: $12.7M latestQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Pharma Research and Development Services went from 10% of revenue in Q2 2025 to 5% in Q3 2026, the largest shift in the mix.
Caris Life Sciences revenue by quarterCaris Life Sciences revenue by quarter$181MQ2 2025$217MQ3 2025$293MQ4 2025$216MQ1 2026$264MQ2 2026$275MQ3 2026
Caris Life Sciences: where each dollar of revenue goesCaris Life Sciences: where each dollar of revenue goesOperating profit7¢Income tax1¢Net earnings6¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Molecular Profiling Services$263M95.4%+4%+27%
Pharma Research and Development Services$12.7M4.6%+10%+37%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$275M100.0%
Operating profit$19.3M7.0%
Income tax$1.6M0.6%
Net earnings$15.2M5.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$275M+27%
Q2 2026$264M+45%
Q1 2026$216M+79%
Q4 2025$293M+125%
Q3 2025$217M+113%
Q2 2025$181M+81%

From Caris Life Sciences' 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Caris Life Sciences make money?

Caris Life Sciences (CAI) made $275M of revenue in the third quarter 2026 (Q3 2026), +27% from a year earlier. Molecular Profiling Services brought in $263M (95%); Pharma Research and Development Services brought in $12.7M (5%). Of every dollar of revenue, 7¢ was left as operating profit, 6¢ was left as net earnings.

What is Caris Life Sciences' biggest business?

Molecular Profiling Services: $263M in the third quarter 2026, 95% of revenue, +27% from a year earlier.

What is Caris Life Sciences' profit margin?

Net earnings were $15.2M, 5.5% of revenue, in the third quarter 2026; the operating margin was 7.0%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.