Castle Biosciences Gross Margin Growth & History (CSTL)

Castle Biosciences's gross margin was 84.54% for fiscal 2020.

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Castle Biosciences annual gross margin history

Castle Biosciences annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20202020-12-3184.54%−1.36 pp
20192019-12-3185.91%+9.15 pp
20182018-12-3176.75%

Castle Biosciences gross margin trends

Across the available reported history, Castle Biosciences's gross margin decreased from 85.91% to 84.54%, a change of −1.36 percentage points. The latest reported quarter, Q1 2021, shows 86.73%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Castle Biosciences filings at SEC.gov ↗