earnings
confidence high
sentiment positive
materiality 0.75
Castle Biosciences Q1 revenue $83.7M; core tests +36%; raises FY guidance to $345-355M
CASTLE BIOSCIENCES INC
2026-Q1 EPS reported
-$0.49
revenue$83,679,000
- Revenue $83.7M vs $88.0M Q1 2025; core test reports +36% YoY (DecisionDx-Melanoma +16%, TissueCypher +58%).
- Net loss improved to $14.5M ($0.49/share) from $25.8M ($0.90); adjusted EBITDA -$5.1M vs +$13.0M.
- Raises FY2026 revenue guidance to $345-355M from $340-350M; cash & investments $261.7M.
- Gross margin 73% (adj. 76%) vs 49% (adj. 81%) prior year, which included $20.1M amortization acceleration.
- Operating cash use $22.1M includes $28.8M in one-time bonus/benefit payments not expected to recur in 2026.