Castle Biosciences (CSTL) Research & Development (2018 - 2026)
Castle Biosciences (CSTL) posted Research & Development of $14.4 million for Q1 2026, up 6.76% sequentially from $13.5 million in Q4 2025, and up 14.62% YoY from $12.6 million in Q1 2025.
Castle Biosciences (CSTL) Research & Development (2018 - 2026) Analysis & Trends
Castle Biosciences (CSTL) has 9 years of Research & Development data on file, last reported at $14.4 million in Q1 2026.
- Quarterly Research & Development rose 14.62% year-over-year to $14.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $53.7 million (up 5.65% YoY) and the FY2025 annual result came in at $51.8 million, changed 0.37% from the prior year.
- Research & Development improved to $14.4 million in Q1 2026 per CSTL's latest filing, from $13.5 million in the prior quarter.
- The five-year high for Research & Development was $14.4 million in Q1 2026, with the low at $10.8 million in Q1 2022.
- Average Research & Development over 5 years is $12.8 million, with a median of $12.9 million recorded in 2023.
- Year-over-year, Research & Development jumped 82.14% in 2022 and decreased 9.54% in 2025.
- Castle Biosciences' Research & Development stood at $11.3 million in 2022, then climbed by 14.9% to $13.0 million in 2023, then fell by 9.4% to $11.8 million in 2024, then increased by 14.8% to $13.5 million in 2025, then climbed by 6.76% to $14.4 million in 2026.
- Business Quant data shows CSTL's Research & Development at $14.4 million in Q1 2026, $13.5 million in Q4 2025, and $13.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 210.70 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 126.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | - |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Castle Biosciences | 738.56 Mn | 476.84 Mn | 63.15 Mn | 14.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.43 Mn |
| Dec 31, 2025 | 13.52 Mn |
| Sep 30, 2025 | 12.96 Mn |
| Jun 30, 2025 | 12.79 Mn |
| Mar 31, 2025 | 12.59 Mn |
| Dec 31, 2024 | 11.77 Mn |
| Sep 30, 2024 | 12.32 Mn |
| Jun 30, 2024 | 14.14 Mn |
| Mar 31, 2024 | 13.81 Mn |
| Dec 31, 2023 | 12.99 Mn |
| Sep 30, 2023 | 12.92 Mn |
| Jun 30, 2023 | 13.31 Mn |
| Mar 31, 2023 | 14.39 Mn |
| Dec 31, 2022 | 11.31 Mn |
| Sep 30, 2022 | 10.91 Mn |
| Jun 30, 2022 | 11.93 Mn |
| Mar 31, 2022 | 10.76 Mn |
| Dec 31, 2021 | 9.45 Mn |
| Sep 30, 2021 | 7.50 Mn |
| Jun 30, 2021 | 6.79 Mn |