vs

Side-by-side financial comparison of Aclarion, Inc. (ACON) and Caris Life Sciences, Inc. (CAI). Click either name above to swap in a different company.

Caris Life Sciences, Inc. is the larger business by last-quarter revenue ($216.8M vs $18.5K, roughly 11734.7× Aclarion, Inc.). Caris Life Sciences, Inc. runs the higher net margin — 11.2% vs -10223.7%, a 10235.0% gap on every dollar of revenue. On growth, Caris Life Sciences, Inc. posted the faster year-over-year revenue change (113.4% vs 80.6%).

Aclarion, Inc. is a medical technology company focused on developing non-invasive solutions for chronic lower back pain diagnosis and treatment. Its core offerings leverage proprietary magnetic resonance spectroscopy technology to accurately identify painful intervertebral discs, serving healthcare providers and patients across the United States, with key focus on the chronic pain management and spinal care segments.

Caris Life Sciences is a leading precision medicine biotech company specializing in advanced molecular profiling for oncology. It provides actionable genomic and molecular insights to oncologists to personalize cancer treatment plans, and partners with biopharmaceutical firms to accelerate novel cancer drug discovery and development, serving customers across North America, Europe, and key Asia-Pacific markets.

ACON vs CAI — Head-to-Head

Bigger by revenue
CAI
CAI
11734.7× larger
CAI
$216.8M
$18.5K
ACON
Growing faster (revenue YoY)
CAI
CAI
+32.8% gap
CAI
113.4%
80.6%
ACON
Higher net margin
CAI
CAI
10235.0% more per $
CAI
11.2%
-10223.7%
ACON

Income Statement — Q4 2025 vs Q3 2025

Metric
ACON
ACON
CAI
CAI
Revenue
$18.5K
$216.8M
Net Profit
$-1.9M
$24.3M
Gross Margin
9.7%
Operating Margin
-10785.8%
15.1%
Net Margin
-10223.7%
11.2%
Revenue YoY
80.6%
113.4%
Net Profit YoY
5.0%
135.9%
EPS (diluted)
$1.39
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACON
ACON
CAI
CAI
Q4 25
$18.5K
Q3 25
$18.9K
$216.8M
Q2 25
$19.3K
$181.4M
Q1 25
$19.0K
Q4 24
$10.2K
Q3 24
$14.4K
$101.6M
Q2 24
$11.0K
$100.0M
Q1 24
$10.1K
Net Profit
ACON
ACON
CAI
CAI
Q4 25
$-1.9M
Q3 25
$-1.7M
$24.3M
Q2 25
$-1.6M
$-71.8M
Q1 25
$-2.0M
Q4 24
$-2.0M
Q3 24
$-1.4M
$-67.7M
Q2 24
$-1.2M
$-66.2M
Q1 24
$-2.4M
Gross Margin
ACON
ACON
CAI
CAI
Q4 25
9.7%
Q3 25
23.2%
Q2 25
26.6%
Q1 25
-23.6%
Q4 24
-100.9%
Q3 24
-48.1%
Q2 24
-112.3%
Q1 24
-92.6%
Operating Margin
ACON
ACON
CAI
CAI
Q4 25
-10785.8%
Q3 25
-9666.2%
15.1%
Q2 25
-8988.6%
-9.9%
Q1 25
-7856.0%
Q4 24
-17652.7%
Q3 24
-8995.3%
-59.9%
Q2 24
-10350.6%
-67.0%
Q1 24
-12609.3%
Net Margin
ACON
ACON
CAI
CAI
Q4 25
-10223.7%
Q3 25
-9008.0%
11.2%
Q2 25
-8285.9%
-39.6%
Q1 25
-10728.4%
Q4 24
-19444.6%
Q3 24
-9482.7%
-66.6%
Q2 24
-11285.0%
-66.2%
Q1 24
-23720.6%
EPS (diluted)
ACON
ACON
CAI
CAI
Q4 25
$1.39
Q3 25
$-2.93
$0.08
Q2 25
$-2.75
$-7.97
Q1 25
$-9.32
Q4 24
$-809.36
Q3 24
$-1321.49
$-2.59
Q2 24
$-1362.83
$-2.54
Q1 24
$-3985.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACON
ACON
CAI
CAI
Cash + ST InvestmentsLiquidity on hand
$12.0M
$755.5M
Total DebtLower is stronger
$375.9M
Stockholders' EquityBook value
$12.8M
$478.4M
Total Assets
$13.7M
$984.6M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACON
ACON
CAI
CAI
Q4 25
$12.0M
Q3 25
$11.3M
$755.5M
Q2 25
$12.8M
$721.2M
Q1 25
$14.8M
Q4 24
$453.7K
Q3 24
$1.3M
Q2 24
$1.2M
Q1 24
$2.1M
Total Debt
ACON
ACON
CAI
CAI
Q4 25
Q3 25
$375.9M
Q2 25
$373.4M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACON
ACON
CAI
CAI
Q4 25
$12.8M
Q3 25
$12.5M
$478.4M
Q2 25
$14.2M
$452.9M
Q1 25
$15.8M
Q4 24
$970.1K
Q3 24
$2.5M
$-2.4B
Q2 24
$1.6M
$-2.4B
Q1 24
$2.5M
Total Assets
ACON
ACON
CAI
CAI
Q4 25
$13.7M
Q3 25
$13.2M
$984.6M
Q2 25
$14.8M
$955.1M
Q1 25
$16.5M
Q4 24
$2.1M
Q3 24
$3.2M
Q2 24
$3.1M
Q1 24
$3.7M
Debt / Equity
ACON
ACON
CAI
CAI
Q4 25
Q3 25
0.79×
Q2 25
0.82×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACON
ACON
CAI
CAI
Operating Cash FlowLast quarter
$-1.6M
$62.4M
Free Cash FlowOCF − Capex
$55.3M
FCF MarginFCF / Revenue
25.5%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
2.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACON
ACON
CAI
CAI
Q4 25
$-1.6M
Q3 25
$-1.2M
$62.4M
Q2 25
$-1.9M
Q1 25
$-2.5M
Q4 24
$-922.9K
Q3 24
$-1.1M
Q2 24
$-1.1M
Q1 24
$-2.2M
Free Cash Flow
ACON
ACON
CAI
CAI
Q4 25
Q3 25
$-1.2M
$55.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ACON
ACON
CAI
CAI
Q4 25
Q3 25
-6164.6%
25.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ACON
ACON
CAI
CAI
Q4 25
Q3 25
38.6%
3.3%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
ACON
ACON
CAI
CAI
Q4 25
Q3 25
2.57×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACON
ACON

Segment breakdown not available.

CAI
CAI

Molecular Profiling Services$207.6M96%
Pharma Research And Development Services$9.2M4%

Related Comparisons