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CSTLCastle Biosciences, Inc.
$23.83$723M
Overview & Verdict
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CSTL logoCastle Biosciences, Inc.(CSTL)Earnings, Financials & Key Ratios

CSTL•NASDAQ
$23.83
Price updated Jul 7, 2026
SectorHealthcareIndustryDiagnostics & ResearchSub-IndustryMolecular and Genetic Diagnostics
AboutCastle Biosciences, Inc., a commercial-stage diagnostics company, focuses to provide diagnostic and prognostic testing services for dermatological cancers. Its lead product is DecisionDx-Melanoma, a multi-gene expression profile (GEP) test to identify the risk of metastasis for patients diagnosed with invasive cutaneous melanoma. The company also offers DecisionDx-UM test, a proprietary GEP test that predicts the risk of metastasis for patients with uveal melanoma, a rare eye cancer; DecisionDx-SCC, a proprietary 40-gene expression profile test that uses an individual patient's tumor biology to predict individual risk of squamous cell carcinoma metastasis for patients with one or more risk factors; and DecisionDx DiffDx-Melanoma and myPath Melanoma, a proprietary GEP test to diagnose suspicious pigmented lesions. It offers test services through physicians and their patients. The company was founded in 2007 and is headquartered in Friendswood, Texas.Show more
  • Revenue$344M+3.7%
  • EBITDA-$2M-108.3%
  • Net Income-$24M-232.4%
  • EPS (Diluted)-0.83-233.9%
  • Gross Margin79.37%-3.1%
  • EBITDA Margin-0.59%-108.0%
  • Operating Margin-12.44%-576.3%
  • Net Margin-7.02%-227.7%
  • ROE-5.21%-221.0%

CSTL Price & Volume

Castle Biosciences, Inc. (CSTL) stock price & volume — 10-year historical chart

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Decelerating Growth Challenges Core Diagnostic Profitability Trajectory

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Decelerating
Profitability:Negative
Financial:Adequate
Cash Flow:Burning
Primary Risk:Medicare reimbursement policy volatility

Key Thesis Takeaways

  • Castle Biosciences faces a critical inflection point as revenue growth shifted to a 4.9% contraction in 2026Q1, signaling potential market saturation for its core diagnostic portfolio.
  • While the company maintains a conservative debt-to-equity ratio of 0.08, the persistent reliance on stock-based compensation exceeding $11 million per quarter and negative operating margins of -17.2% suggest that the current commercial infrastructure lacks sufficient scale.
  • Investors should monitor the sustainability of the $63.8 million cash position against the backdrop of high capital intensity, where CapEx reached 14.9% of revenue in the most recent quarter.

Verdict Logic

the company's inability to maintain positive free cash flow, which swung to a -$34.6 million deficit in 2026Q1, combined with decelerating revenue growth, presents significant execution risks.

CSTL Growth Metrics

Castle Biosciences, Inc. (CSTL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years40.6%
3 Years35.94%
TTM-2.06%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-153.15%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-126.5%

Return on Capital

10 Years-35%
5 Years-9.97%
3 Years-7.77%
Last Year-8.63%

CSTL Recent Earnings

Castle Biosciences, Inc. (CSTL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$0.49+0.0%
$0.49
Rev
$84M+6.3%
$79M
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$0.08+65.2%
$0.23
Rev
$87M+8.9%
$80M
Q4 2025
Nov 3, 2025
Metric
Actual
Est
EPS
$0.02+94.1%
$0.34
Rev
$83M+3.3%
$80M
Q3 2025
Aug 4, 2025
Metric
Actual
Est
EPS
$0.15+129.4%
$0.51
Rev
$86M+26.7%
$68M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.49vs $0.49+0.0%
$84Mvs $79M+6.3%
Q1 2026Feb 26, 2026
$0.08vs $0.23+65.2%
$87Mvs $80M+8.9%
Q4 2025Nov 3, 2025
$0.02vs $0.34+94.1%
$83Mvs $80M+3.3%
Q3 2025Aug 4, 2025
$0.15vs $0.51+129.4%
$86Mvs $68M+26.7%
Based on last 12 quarters of dataView full earnings history →

Latest CSTL News

Recent stock market news and headlines for Castle Biosciences, Inc. (CSTL)

PRNewsWire·Jun 25, 2026
DecisionDx®-Melanoma's i31-SLNB Outperforms MIA Nomogram in Identifying Patients Who May Safely Forgo Sentinel Lymph Node Biopsy

Newly published prospective study shows DecisionDx-Melanoma's i31-SLNB test result more accurately identifies patients at low and high risk of sentinel lymph node (SLN) positivity than the Melanoma Institute Australia (MIA) nomogram Patients classified as low risk by the i31-SLNB result had a 2.6% observed SLN positivity rate, falling well below the National Comprehensive Cancer Network (NCCN) 5% threshold used to consider avoiding sentinel lymph node biopsy (SLNB), compared with a 5.8% observed positivity rate for the MIA nomogram FRIENDSWOOD, Texas, June 25, 2026 /PRNewswire/ -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced the publication of a prospective, multicenter study in Dermatology and Therapy demonstrating that DecisionDx-Melanoma's integrated sentinel lymph node biopsy test result (i31-SLNB) outperforms the MIA nomogram in identifying patients at low and high risk of SLN positivity, supporting more informed SLNB decision-making for patients with cutaneous melanoma (CM).1 This is the second multicenter study showing that the i31-SLNB result outperforms the MIA nomogram in assessing SLN positivity risk.2 "Many clinicians are familiar with nomograms that estimate risk of sentinel lymph node positivity using clinicopathologic features alone, yet current guidelines acknowledge limitations in their performance at lower risk thresholds," said Rohit Sharma, M.D., FACS, lead author of the study and surgical oncologist at Marshfield Clinic Health System in Marshfield, Wisconsin.

PRNewsWire·Jun 23, 2026
Castle Biosciences' Chief Financial Officer Frank Stokes Named a 2026 CFO Awards Honoree by the Houston Business Journal

Stokes was one of 22 financial leaders recognized in the Greater Houston area FRIENDSWOOD, Texas, June 23, 2026 /PRNewswire/ -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that Frank Stokes, its chief financial officer, has been named a 2026 CFO Awards honoree by the Houston Business Journal. Stokes is among 22 chief financial officers from across the Greater Houston area recognized for their financial leadership and contributions to their organizations' success.

PRNewsWire·Jun 19, 2026
Castle Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

FRIENDSWOOD, Texas, June 19, 2026 /PRNewswire/ -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that on June 15, 2026, the Compensation Committee of its Board of Directors granted restricted stock units (RSUs) to 172 employees covering an aggregate of 204,925 shares of common stock as an inducement material to their entering into employment with Castle Biosciences. The RSUs were granted pursuant to the Company's 2022 Inducement Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

Peers Comparison

Key metrics vs top competitors for Castle Biosciences, Inc. (CSTL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CSTL logoCSTLCastle Biosciences, Inc.Current
$23.83$722.76M-28.713.66%-7.02%-5.21%—
NTRA logoNTRANatera, Inc.
$281.27$40.28B-185.0535.9%-9.05%-15.13%—
EXAS logoEXASExact Sciences Corporation
$104.91$20.02B-95.3717.69%-6.4%-8.66%—
VCYT logoVCYTVeracyte, Inc.
$56.16$4.48B68.4916.01%16.25%6.86%—
ARDX logoARDXArdelyx, Inc.
$5.38$1.32B-20.6922.09%-13.58%-38.11%—
FLGT logoFLGTFulgent Genetics, Inc.
$21.02$596.98M-10.6713.83%-23.04%-6.74%—

Compare CSTL vs Peers

Castle Biosciences, Inc. (CSTL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NTRA

Most directly comparable listed peer for CSTL.

Scale Benchmark

vs TMO

Larger-name benchmark to compare CSTL against a more recognizable public peer.

Peer Set

Compare Top 5

vs NTRA, EXAS, VCYT, ARDX

CSTL SEC Filings & Documents

Castle Biosciences, Inc. (CSTL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Feb 26, 2026·SEC

Material company update

Jan 13, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 4, 2025·SEC

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CSTL Frequently Asked Questions

Castle Biosciences, Inc. (CSTL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Castle Biosciences, Inc.'s revenue?

Castle Biosciences, Inc. (CSTL) reported $339.9M in revenue for fiscal year 2025. This represents a 2371% increase from $13.8M in 2017.

How fast is Castle Biosciences, Inc. growing?

Castle Biosciences, Inc. (CSTL) grew revenue by 3.7% over the past year. Growth has been modest.

Is CSTL profitable?

Castle Biosciences, Inc. (CSTL) reported a net loss of $12.8M for fiscal year 2025.

Dividend & Returns
What is CSTL's return on equity?

Castle Biosciences, Inc. (CSTL) has a return on equity (ROE) of -5.2%. Negative ROE indicates the company is unprofitable.

What is Castle Biosciences, Inc.'s free cash flow?

Castle Biosciences, Inc. (CSTL) generated $4.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in CSTL back in 2017?

Total return calculator · dividends reinvested · 9+ years of data

See returns →