Caris Life Sciences, Inc.
For the period ended Mar 31, 2026. Filed May 8, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
CAI$24.43-4.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Loss
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)
| (amounts in thousands, except share and per share data) | Three Months Ended March 31, | |
|---|---|---|
| 2026 | 2025 | |
| Revenue: | ||
| Molecular profiling services | $210,800 | $114,081 |
| Pharma research and development services | 5,374 | 6,834 |
| Total revenue | 216,174 | 120,915 |
| Costs and operating expenses: | ||
| Cost of Services - Molecular profiling services | 72,884 | 60,894 |
| Cost of Services - Pharma research and development services | 1,942 | 2,958 |
| Selling and marketing expense | 45,043 | 39,829 |
| General and administrative expense (see note 8) | 59,708 | 52,119 |
| Research and development expense | 31,315 | 23,066 |
| Total costs and operating expenses | 210,892 | 178,867 |
| Income (Loss) from operations | 5,282 | (57,952) |
| Other expense, net: | ||
| Interest income | 6,834 | 503 |
| Interest expense | (12,809) | (12,782) |
| Changes in fair value of financial instruments | — | (32,333) |
| Other income (expense), net | 49 | (17) |
| Total other expense, net | (5,926) | (44,629) |
| Loss before income taxes and income tax benefit | (644) | (102,581) |
| Income tax benefit | 134 | — |
| Net loss | (510) | (102,581) |
| Other comprehensive income (loss), net of tax: | ||
| Foreign currency translation adjustments | (43) | 35 |
| Comprehensive loss | (553) | (102,546) |
| Net loss attributable to common shareholders: | ||
| Net loss | (510) | (102,581) |
| Adjustments of redeemable convertible preferred stock to redemption value | — | (24,462) |
| Net loss attributable to common shareholders | $(510) | $(127,043) |
| Net loss per share attributable to common shareholders, basic and diluted | $0.00 | $(3.57) |
| Weighted-average shares used in computing net loss per share attributable to common shareholders, basic and diluted | 282,562,013 | 35,623,042 |
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