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

INTERNATIONAL BANCSHARES CORP is the larger business by last-quarter revenue ($217.7M vs $216.8M, roughly 1.0× Caris Life Sciences, Inc.). INTERNATIONAL BANCSHARES CORP runs the higher net margin — 62.3% vs 11.2%, a 51.1% gap on every dollar of revenue. On growth, Caris Life Sciences, Inc. posted the faster year-over-year revenue change (113.4% vs 4.5%). INTERNATIONAL BANCSHARES CORP produced more free cash flow last quarter ($472.9M 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.

International Bancshares Corporation is a bank holding company based in Laredo, Texas whose primary subsidiary is International Bank of Commerce. Through its bank subsidiaries, it has 217 banking offices and 315 automated teller machines serving 88 communities in the U.S. states of Texas and Oklahoma.

CAI vs IBOC — Head-to-Head

Bigger by revenue
IBOC
IBOC
1.0× larger
IBOC
$217.7M
$216.8M
CAI
Growing faster (revenue YoY)
CAI
CAI
+108.8% gap
CAI
113.4%
4.5%
IBOC
Higher net margin
IBOC
IBOC
51.1% more per $
IBOC
62.3%
11.2%
CAI
More free cash flow
IBOC
IBOC
$417.6M more FCF
IBOC
$472.9M
$55.3M
CAI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CAI
CAI
IBOC
IBOC
Revenue
$216.8M
$217.7M
Net Profit
$24.3M
$106.9M
Gross Margin
Operating Margin
15.1%
62.8%
Net Margin
11.2%
62.3%
Revenue YoY
113.4%
4.5%
Net Profit YoY
135.9%
-7.1%
EPS (diluted)
$0.08
$1.71

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
IBOC
IBOC
Q4 25
$217.7M
Q3 25
$216.8M
$218.1M
Q2 25
$181.4M
$208.2M
Q1 25
$198.2M
Q4 24
$208.3M
Q3 24
$101.6M
$211.8M
Q2 24
$100.0M
$207.8M
Q1 24
$205.8M
Net Profit
CAI
CAI
IBOC
IBOC
Q4 25
$106.9M
Q3 25
$24.3M
$108.4M
Q2 25
$-71.8M
$100.1M
Q1 25
$96.9M
Q4 24
$115.1M
Q3 24
$-67.7M
$99.8M
Q2 24
$-66.2M
$97.0M
Q1 24
$97.3M
Operating Margin
CAI
CAI
IBOC
IBOC
Q4 25
62.8%
Q3 25
15.1%
62.6%
Q2 25
-9.9%
60.5%
Q1 25
61.1%
Q4 24
64.2%
Q3 24
-59.9%
60.0%
Q2 24
-67.0%
60.1%
Q1 24
59.9%
Net Margin
CAI
CAI
IBOC
IBOC
Q4 25
62.3%
Q3 25
11.2%
49.7%
Q2 25
-39.6%
48.1%
Q1 25
48.9%
Q4 24
71.5%
Q3 24
-66.6%
47.1%
Q2 24
-66.2%
46.7%
Q1 24
47.3%
EPS (diluted)
CAI
CAI
IBOC
IBOC
Q4 25
$1.71
Q3 25
$0.08
$1.74
Q2 25
$-7.97
$1.61
Q1 25
$1.56
Q4 24
$1.85
Q3 24
$-2.59
$1.60
Q2 24
$-2.54
$1.56
Q1 24
$1.56

Balance Sheet & Financial Strength

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

Metric
CAI
CAI
IBOC
IBOC
Cash + ST InvestmentsLiquidity on hand
$755.5M
$5.5B
Total DebtLower is stronger
$375.9M
Stockholders' EquityBook value
$478.4M
$3.3B
Total Assets
$984.6M
$16.6B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAI
CAI
IBOC
IBOC
Q4 25
$5.5B
Q3 25
$755.5M
$5.6B
Q2 25
$721.2M
$5.8B
Q1 25
$5.6B
Q4 24
$5.4B
Q3 24
$5.8B
Q2 24
$5.7B
Q1 24
$5.7B
Total Debt
CAI
CAI
IBOC
IBOC
Q4 25
Q3 25
$375.9M
Q2 25
$373.4M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CAI
CAI
IBOC
IBOC
Q4 25
$3.3B
Q3 25
$478.4M
$3.1B
Q2 25
$452.9M
$3.0B
Q1 25
$2.9B
Q4 24
$2.8B
Q3 24
$-2.4B
$2.7B
Q2 24
$-2.4B
$2.6B
Q1 24
$2.5B
Total Assets
CAI
CAI
IBOC
IBOC
Q4 25
$16.6B
Q3 25
$984.6M
$16.6B
Q2 25
$955.1M
$16.5B
Q1 25
$16.3B
Q4 24
$15.7B
Q3 24
$15.9B
Q2 24
$15.5B
Q1 24
$15.4B
Debt / Equity
CAI
CAI
IBOC
IBOC
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
CAI
CAI
IBOC
IBOC
Operating Cash FlowLast quarter
$62.4M
$491.1M
Free Cash FlowOCF − Capex
$55.3M
$472.9M
FCF MarginFCF / Revenue
25.5%
217.2%
Capex IntensityCapex / Revenue
3.3%
8.3%
Cash ConversionOCF / Net Profit
2.57×
4.59×
TTM Free Cash FlowTrailing 4 quarters
$809.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAI
CAI
IBOC
IBOC
Q4 25
$491.1M
Q3 25
$62.4M
$115.2M
Q2 25
$95.5M
Q1 25
$140.5M
Q4 24
$473.9M
Q3 24
$116.5M
Q2 24
$107.2M
Q1 24
$135.4M
Free Cash Flow
CAI
CAI
IBOC
IBOC
Q4 25
$472.9M
Q3 25
$55.3M
$112.2M
Q2 25
$91.6M
Q1 25
$133.1M
Q4 24
$459.8M
Q3 24
$109.6M
Q2 24
$104.9M
Q1 24
$128.9M
FCF Margin
CAI
CAI
IBOC
IBOC
Q4 25
217.2%
Q3 25
25.5%
51.5%
Q2 25
44.0%
Q1 25
67.1%
Q4 24
220.8%
Q3 24
51.7%
Q2 24
50.5%
Q1 24
62.6%
Capex Intensity
CAI
CAI
IBOC
IBOC
Q4 25
8.3%
Q3 25
3.3%
1.3%
Q2 25
1.9%
Q1 25
3.7%
Q4 24
6.8%
Q3 24
3.3%
Q2 24
1.1%
Q1 24
3.2%
Cash Conversion
CAI
CAI
IBOC
IBOC
Q4 25
4.59×
Q3 25
2.57×
1.06×
Q2 25
0.95×
Q1 25
1.45×
Q4 24
4.12×
Q3 24
1.17×
Q2 24
1.11×
Q1 24
1.39×

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%

IBOC
IBOC

Segment breakdown not available.

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