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

Fossil Group, Inc. is the larger business by last-quarter revenue ($270.2M vs $216.8M, roughly 1.2× Caris Life Sciences, Inc.). Caris Life Sciences, Inc. runs the higher net margin — 11.2% vs -14.8%, a 26.0% gap on every dollar of revenue. On growth, Caris Life Sciences, Inc. posted the faster year-over-year revenue change (113.4% vs -21.1%). Caris Life Sciences, Inc. produced more free cash flow last quarter ($55.3M vs $-22.5M).

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.

Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.

CAI vs FOSL — Head-to-Head

Bigger by revenue
FOSL
FOSL
1.2× larger
FOSL
$270.2M
$216.8M
CAI
Growing faster (revenue YoY)
CAI
CAI
+134.4% gap
CAI
113.4%
-21.1%
FOSL
Higher net margin
CAI
CAI
26.0% more per $
CAI
11.2%
-14.8%
FOSL
More free cash flow
CAI
CAI
$77.8M more FCF
CAI
$55.3M
$-22.5M
FOSL

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CAI
CAI
FOSL
FOSL
Revenue
$216.8M
$270.2M
Net Profit
$24.3M
$-40.0M
Gross Margin
49.0%
Operating Margin
15.1%
-8.0%
Net Margin
11.2%
-14.8%
Revenue YoY
113.4%
-21.1%
Net Profit YoY
135.9%
-257.8%
EPS (diluted)
$0.08
$-0.76

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
CAI
CAI
FOSL
FOSL
Q4 25
$270.2M
Q3 25
$216.8M
$220.4M
Q2 25
$181.4M
$233.3M
Q4 24
$342.3M
Q3 24
$101.6M
$287.8M
Q2 24
$100.0M
$260.0M
Q1 24
$254.9M
Q3 23
$344.1M
Net Profit
CAI
CAI
FOSL
FOSL
Q4 25
$-40.0M
Q3 25
$24.3M
$-2.1M
Q2 25
$-71.8M
$-17.9M
Q4 24
$-11.2M
Q3 24
$-67.7M
$-31.9M
Q2 24
$-66.2M
$-38.8M
Q1 24
$-24.3M
Q3 23
$-60.8M
Gross Margin
CAI
CAI
FOSL
FOSL
Q4 25
49.0%
Q3 25
57.5%
Q2 25
61.3%
Q4 24
53.9%
Q3 24
49.4%
Q2 24
52.6%
Q1 24
52.4%
Q3 23
47.0%
Operating Margin
CAI
CAI
FOSL
FOSL
Q4 25
-8.0%
Q3 25
15.1%
3.9%
Q2 25
-9.9%
-2.9%
Q4 24
-4.8%
Q3 24
-59.9%
-8.5%
Q2 24
-67.0%
-13.1%
Q1 24
-11.5%
Q3 23
-13.5%
Net Margin
CAI
CAI
FOSL
FOSL
Q4 25
-14.8%
Q3 25
11.2%
-1.0%
Q2 25
-39.6%
-7.7%
Q4 24
-3.3%
Q3 24
-66.6%
-11.1%
Q2 24
-66.2%
-14.9%
Q1 24
-9.5%
Q3 23
-17.7%
EPS (diluted)
CAI
CAI
FOSL
FOSL
Q4 25
$-0.76
Q3 25
$0.08
$-0.04
Q2 25
$-7.97
$-0.33
Q4 24
$-0.15
Q3 24
$-2.59
$-0.60
Q2 24
$-2.54
$-0.73
Q1 24
$-0.46
Q3 23
$-1.16

Balance Sheet & Financial Strength

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

Metric
CAI
CAI
FOSL
FOSL
Cash + ST InvestmentsLiquidity on hand
$755.5M
$79.2M
Total DebtLower is stronger
$375.9M
$169.1M
Stockholders' EquityBook value
$478.4M
$112.6M
Total Assets
$984.6M
$701.0M
Debt / EquityLower = less leverage
0.79×
1.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAI
CAI
FOSL
FOSL
Q4 25
$79.2M
Q3 25
$755.5M
$109.9M
Q2 25
$721.2M
$78.3M
Q4 24
$123.6M
Q3 24
$106.3M
Q2 24
$104.9M
Q1 24
$112.9M
Q3 23
$116.1M
Total Debt
CAI
CAI
FOSL
FOSL
Q4 25
$169.1M
Q3 25
$375.9M
$165.6M
Q2 25
$373.4M
$167.2M
Q4 24
$162.7M
Q3 24
$173.4M
Q2 24
$156.5M
Q1 24
$202.9M
Q3 23
$255.9M
Stockholders' Equity
CAI
CAI
FOSL
FOSL
Q4 25
$112.6M
Q3 25
$478.4M
$150.3M
Q2 25
$452.9M
$140.6M
Q4 24
$148.7M
Q3 24
$-2.4B
$164.4M
Q2 24
$-2.4B
$189.6M
Q1 24
$229.1M
Q3 23
$281.1M
Total Assets
CAI
CAI
FOSL
FOSL
Q4 25
$701.0M
Q3 25
$984.6M
$704.5M
Q2 25
$955.1M
$686.0M
Q4 24
$763.6M
Q3 24
$812.4M
Q2 24
$785.7M
Q1 24
$891.0M
Q3 23
$1.1B
Debt / Equity
CAI
CAI
FOSL
FOSL
Q4 25
1.50×
Q3 25
0.79×
1.10×
Q2 25
0.82×
1.19×
Q4 24
1.09×
Q3 24
1.06×
Q2 24
0.83×
Q1 24
0.89×
Q3 23
0.91×

Cash Flow & Capital Efficiency

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

Metric
CAI
CAI
FOSL
FOSL
Operating Cash FlowLast quarter
$62.4M
$-22.2M
Free Cash FlowOCF − Capex
$55.3M
$-22.5M
FCF MarginFCF / Revenue
25.5%
-8.3%
Capex IntensityCapex / Revenue
3.3%
0.1%
Cash ConversionOCF / Net Profit
2.57×
TTM Free Cash FlowTrailing 4 quarters
$-46.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAI
CAI
FOSL
FOSL
Q4 25
$-22.2M
Q3 25
$62.4M
$9.4M
Q2 25
$-60.4M
Q4 24
$30.5M
Q3 24
$-22.8M
Q2 24
$38.4M
Q1 24
$622.0K
Q3 23
$-22.1M
Free Cash Flow
CAI
CAI
FOSL
FOSL
Q4 25
$-22.5M
Q3 25
$55.3M
$8.6M
Q2 25
$-60.6M
Q4 24
$28.5M
Q3 24
$-24.1M
Q2 24
$36.6M
Q1 24
$-1.1M
Q3 23
$-26.7M
FCF Margin
CAI
CAI
FOSL
FOSL
Q4 25
-8.3%
Q3 25
25.5%
3.9%
Q2 25
-26.0%
Q4 24
8.3%
Q3 24
-8.4%
Q2 24
14.1%
Q1 24
-0.4%
Q3 23
-7.7%
Capex Intensity
CAI
CAI
FOSL
FOSL
Q4 25
0.1%
Q3 25
3.3%
0.4%
Q2 25
0.1%
Q4 24
0.6%
Q3 24
0.4%
Q2 24
0.7%
Q1 24
0.7%
Q3 23
1.3%
Cash Conversion
CAI
CAI
FOSL
FOSL
Q4 25
Q3 25
2.57×
Q2 25
Q4 24
Q3 24
Q2 24
Q1 24
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAI
CAI

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

FOSL
FOSL

Transferred At Point In Time$109.7M41%
Traditional Watches$91.3M34%
Other$50.8M19%
Leathers$9.5M4%
Jewelry$4.0M1%
Smartwatches$3.3M1%
Products Other$1.6M1%

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