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

GigaCloud Technology Inc is the larger business by last-quarter revenue ($332.6M vs $216.8M, roughly 1.5× Caris Life Sciences, Inc.). Caris Life Sciences, Inc. runs the higher net margin — 11.2% vs 11.2%, a 0.0% gap on every dollar of revenue. On growth, Caris Life Sciences, Inc. posted the faster year-over-year revenue change (113.4% vs 9.7%). GigaCloud Technology Inc produced more free cash flow last quarter ($77.1M vs $55.3M).

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.

GigaCloud Technology Inc. is an American e-commerce company that helps retailers buy and sell big and bulky, non-standardized items such as furniture, appliances, and fitness equipment. They own a business-to-business online marketplace and act as a middleman by handling sales, logistics and also delivery to end customers. GigaCloud is headquartered in El Monte, California, and is listed on the Nasdaq stock exchange since August 2022.

CAI vs GCT — Head-to-Head

Bigger by revenue
GCT
GCT
1.5× larger
GCT
$332.6M
$216.8M
CAI
Growing faster (revenue YoY)
CAI
CAI
+103.7% gap
CAI
113.4%
9.7%
GCT
Higher net margin
CAI
CAI
0.0% more per $
CAI
11.2%
11.2%
GCT
More free cash flow
GCT
GCT
$21.7M more FCF
GCT
$77.1M
$55.3M
CAI

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CAI
CAI
GCT
GCT
Revenue
$216.8M
$332.6M
Net Profit
$24.3M
$37.2M
Gross Margin
23.2%
Operating Margin
15.1%
12.2%
Net Margin
11.2%
11.2%
Revenue YoY
113.4%
9.7%
Net Profit YoY
135.9%
-8.6%
EPS (diluted)
$0.08
$0.99

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
GCT
GCT
Q3 25
$216.8M
$332.6M
Q2 25
$181.4M
$322.6M
Q1 25
$271.9M
Q4 24
$295.8M
Q3 24
$101.6M
$303.3M
Q2 24
$100.0M
$310.9M
Q1 24
$251.1M
Q3 23
$178.2M
Net Profit
CAI
CAI
GCT
GCT
Q3 25
$24.3M
$37.2M
Q2 25
$-71.8M
$34.6M
Q1 25
$27.1M
Q4 24
$31.0M
Q3 24
$-67.7M
$40.7M
Q2 24
$-66.2M
$27.0M
Q1 24
$27.2M
Q3 23
$24.2M
Gross Margin
CAI
CAI
GCT
GCT
Q3 25
23.2%
Q2 25
23.9%
Q1 25
23.4%
Q4 24
22.0%
Q3 24
25.5%
Q2 24
24.6%
Q1 24
26.5%
Q3 23
27.4%
Operating Margin
CAI
CAI
GCT
GCT
Q3 25
15.1%
12.2%
Q2 25
-9.9%
11.1%
Q1 25
10.4%
Q4 24
9.3%
Q3 24
-59.9%
13.4%
Q2 24
-67.0%
8.8%
Q1 24
13.9%
Q3 23
17.8%
Net Margin
CAI
CAI
GCT
GCT
Q3 25
11.2%
11.2%
Q2 25
-39.6%
10.7%
Q1 25
10.0%
Q4 24
10.5%
Q3 24
-66.6%
13.4%
Q2 24
-66.2%
8.7%
Q1 24
10.8%
Q3 23
13.6%
EPS (diluted)
CAI
CAI
GCT
GCT
Q3 25
$0.08
$0.99
Q2 25
$-7.97
$0.91
Q1 25
$0.68
Q4 24
$0.76
Q3 24
$-2.59
$0.98
Q2 24
$-2.54
$0.65
Q1 24
$0.66
Q3 23
$0.59

Balance Sheet & Financial Strength

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

Metric
CAI
CAI
GCT
GCT
Cash + ST InvestmentsLiquidity on hand
$755.5M
$365.9M
Total DebtLower is stronger
$375.9M
Stockholders' EquityBook value
$478.4M
$457.3M
Total Assets
$984.6M
$1.1B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAI
CAI
GCT
GCT
Q3 25
$755.5M
$365.9M
Q2 25
$721.2M
$303.0M
Q1 25
$286.8M
Q4 24
$302.4M
Q3 24
$259.8M
Q2 24
$207.8M
Q1 24
$195.3M
Q3 23
Total Debt
CAI
CAI
GCT
GCT
Q3 25
$375.9M
Q2 25
$373.4M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q3 23
Stockholders' Equity
CAI
CAI
GCT
GCT
Q3 25
$478.4M
$457.3M
Q2 25
$452.9M
$431.4M
Q1 25
$412.9M
Q4 24
$405.2M
Q3 24
$-2.4B
$400.4M
Q2 24
$-2.4B
$358.4M
Q1 24
$317.8M
Q3 23
$254.2M
Total Assets
CAI
CAI
GCT
GCT
Q3 25
$984.6M
$1.1B
Q2 25
$955.1M
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$977.6M
Q3 23
Debt / Equity
CAI
CAI
GCT
GCT
Q3 25
0.79×
Q2 25
0.82×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q3 23

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
GCT
GCT
Operating Cash FlowLast quarter
$62.4M
$78.3M
Free Cash FlowOCF − Capex
$55.3M
$77.1M
FCF MarginFCF / Revenue
25.5%
23.2%
Capex IntensityCapex / Revenue
3.3%
0.4%
Cash ConversionOCF / Net Profit
2.57×
2.10×
TTM Free Cash FlowTrailing 4 quarters
$188.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAI
CAI
GCT
GCT
Q3 25
$62.4M
$78.3M
Q2 25
$38.6M
Q1 25
$9.4M
Q4 24
$68.4M
Q3 24
$55.2M
Q2 24
$19.1M
Q1 24
$15.3M
Q3 23
Free Cash Flow
CAI
CAI
GCT
GCT
Q3 25
$55.3M
$77.1M
Q2 25
$37.0M
Q1 25
$7.0M
Q4 24
$66.9M
Q3 24
$51.4M
Q2 24
$12.9M
Q1 24
$11.3M
Q3 23
FCF Margin
CAI
CAI
GCT
GCT
Q3 25
25.5%
23.2%
Q2 25
11.5%
Q1 25
2.6%
Q4 24
22.6%
Q3 24
16.9%
Q2 24
4.2%
Q1 24
4.5%
Q3 23
Capex Intensity
CAI
CAI
GCT
GCT
Q3 25
3.3%
0.4%
Q2 25
0.5%
Q1 25
0.9%
Q4 24
0.5%
Q3 24
1.3%
Q2 24
2.0%
Q1 24
1.6%
Q3 23
Cash Conversion
CAI
CAI
GCT
GCT
Q3 25
2.57×
2.10×
Q2 25
1.12×
Q1 25
0.35×
Q4 24
2.21×
Q3 24
1.36×
Q2 24
0.71×
Q1 24
0.56×
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%

GCT
GCT

Services$108.4M33%
Transferred Over Time$89.8M27%
Product Sales To B$50.1M15%
Last Mile Delivery Service$49.2M15%
Warehousing Service$14.2M4%
Ocean Transportation Service$9.0M3%
Platform Commission$4.9M1%
Drayage Service$3.2M1%

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