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Caris Life Sciences vs RadNet: revenue, profit, margins and growth compared

Caris Life Sciences brought in $812M of revenue in fiscal 2025, RadNet $2B in fiscal 2025. Revenue changed by +97.0% at Caris Life Sciences and +11.5% at RadNet on the year before, so Caris Life Sciences grew faster. Caris Life Sciences kept -8.4% of its revenue as net profit, RadNet -0.9%.

Side by side, latest fiscal year

CAIRDNT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$812M$2B
Revenue growth+97.0%+11.5%
Net income-$68.1M-$18.7M
Net margin-8.4%-0.9%
Free cash flow$66.9Mn/a
Free cash flow margin8.2%n/a
Earnings per share (diluted)-$3.22-$0.25
Cash$796.3M$767.2M
Debt$378.5M$1.1B
Price to earningsn/an/a
Market value$9B$5.6B
Dividend yieldn/an/a
Rank by revenue in sector#161 of 523 · Health care#108 of 523 · Health care

Over the years

Revenue
CAI FY2023: $306.1MCAI FY2025: $412.3MCAI FY2025: $812MRDNT FY2018: $975.1MRDNT FY2019: $1.2BRDNT FY2020: $1.1BRDNT FY2021: $1.3BRDNT FY2022: $1.4BRDNT FY2023: $1.6BRDNT FY2024: $1.8BRDNT FY2025: $2BFY18FY19FY20FY21FY22FY23FY24FY25
CAI $812MRDNT $2B
Net income
CAI FY2023: -$341.4MCAI FY2025: -$281.9MCAI FY2025: -$68.1MRDNT FY2018: $32.2MRDNT FY2019: $14.8MRDNT FY2020: -$14.8MRDNT FY2021: $24.7MRDNT FY2022: $10.7MRDNT FY2023: $3MRDNT FY2024: $2.8MRDNT FY2025: -$18.7MFY18FY19FY20FY21FY22FY23FY24FY25
CAI -$68.1MRDNT -$18.7M
Net margin
CAI FY2023: -111.5%CAI FY2025: -68.4%CAI FY2025: -8.4%RDNT FY2018: 3.3%RDNT FY2019: 1.3%RDNT FY2020: -1.4%RDNT FY2021: 1.9%RDNT FY2022: 0.7%RDNT FY2023: 0.2%RDNT FY2024: 0.2%RDNT FY2025: -0.9%FY18FY19FY20FY21FY22FY23FY24FY25
CAI -8.4%RDNT -0.9%
Revenue growth
CAI FY2025: +34.7%CAI FY2025: +97.0%RDNT FY2019: +18.4%RDNT FY2020: -7.1%RDNT FY2021: +22.7%RDNT FY2022: +8.7%RDNT FY2023: +13.0%RDNT FY2024: +13.2%RDNT FY2025: +11.5%FY19FY20FY21FY22FY23FY24FY25
CAI +97.0%RDNT +11.5%
Free cash flow
CAI FY2023: -$298.4MCAI FY2025: -$253.6MCAI FY2025: $66.9MRDNT FY2018: $44.6MRDNT FY2019: $30.2MFY18FY19FY23FY25
CAI $66.9MRDNT $30.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Caris Life Sciences and RadNet

Which is bigger by revenue, Caris Life Sciences or RadNet?

RadNet is bigger by revenue: $2B in fiscal 2025, against $812M for Caris Life Sciences in fiscal 2025.

Which keeps more of its revenue as profit, Caris Life Sciences or RadNet?

Caris Life Sciences had a net margin of -8.4% in fiscal 2025; RadNet had -0.9% in fiscal 2025.

Which grew revenue faster, Caris Life Sciences or RadNet?

In their latest fiscal years revenue changed by +97.0% at Caris Life Sciences and +11.5% at RadNet.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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