earnings
confidence high
sentiment positive
materiality 0.80
Castle Biosciences Q2 revenue $103.5M (+20% YoY); raises FY2026 guidance to $365-375M
CASTLE BIOSCIENCES INC
- Q2 revenue $103.5M vs $86.2M YoY; net loss $2.1M (incl. $11.6M stock comp) vs net income $4.5M.
- Core test reports (DecisionDx-Melanoma, TissueCypher) up 32% YoY; TissueCypher reports surged 63% to 14,988.
- Raises FY2026 revenue guidance to $365-375M from $345-355M; expects positive Adjusted EBITDA in Q3, Q4, and full year.
- Adjusted EBITDA $12.4M vs $10.4M; cash $266.8M.
- AdvanceAD-Tx test received NYSDOH approval; first patient enrolled in DETECT-AD study.