Market PositionCaris is the leading tissue-based CGP player with a pipeline of tests across MRD and MCED coming, with superior revenue and margin gains forecasted.
Regulatory ApprovalRecent FDA approval of Caris Life Sciences' tissue-based therapy selection assay as a Companion Diagnostic is expected to catalyze profitability.
Revenue GrowthCaris Life Sciences is expected to grow its top-line at a 33% compound annual growth rate from 2025 to 2028 and reach positive adjusted EBITDA by the end of 2025, ramping to a 35.8% adjusted EBITDA margin by 2028.