Caris Life Sciences Earnings Call Transcripts
Fiscal Year 2026
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Strong financial results and cash position support aggressive investment in technology, commercial expansion, and a robust product pipeline. Early detection and MCED programs are advancing, with new partnerships and market penetration expected to drive growth in 2026 and beyond.
Fiscal Year 2025
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Q4 and full-year 2025 saw record revenue and profitability, driven by strong molecular profiling growth, improved ASPs, and expanding clinical volumes. 2026 guidance projects continued double-digit growth, positive cash flow, and major investments in early detection and commercial expansion.
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Q3 2025 saw 113% revenue growth, record profitability, and margin expansion, driven by strong clinical profiling and higher ASPs. Guidance for FY25 was raised, with continued investment in early detection, MRD, and data platforms.
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Q2 2025 saw 81% revenue growth to $181.4M, driven by clinical and pharma segments, with gross margin up to 62.7%. Positive adjusted EBITDA and free cash flow were achieved, and FY 2025 revenue is guided to $675M–$685M, with strong growth expected in both volumes and ASPs.