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
DateValue
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