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Side-by-side financial comparison of CASTLE BIOSCIENCES INC (CSTL) and Montauk Renewables, Inc. (MNTK). Click either name above to swap in a different company.

CASTLE BIOSCIENCES INC is the larger business by last-quarter revenue ($83.7M vs $43.4M, roughly 1.9× Montauk Renewables, Inc.). Montauk Renewables, Inc. runs the higher net margin — 5.7% vs -17.4%, a 23.1% gap on every dollar of revenue. On growth, Montauk Renewables, Inc. posted the faster year-over-year revenue change (56.7% vs -4.9%). Over the past eight quarters, Montauk Renewables, Inc.'s revenue compounded faster (5.8% CAGR vs -1.9%).

Castle Biosciences Inc. is a commercial-stage diagnostic firm that develops and markets proprietary, clinically actionable tests for dermatological conditions such as melanoma and other skin cancers, plus rare diseases. It operates mainly in the U.S. healthcare market, focusing on segments with high unmet need for more accurate diagnostics to guide treatment choices.

Montauk Renewables, Inc. is a US-based renewable energy firm specializing in capturing and converting biogenic methane from landfills and agricultural waste into renewable natural gas (RNG) and low-carbon electricity. It serves utility, commercial, and industrial customers across North America, with operations focused on advancing decarbonization and sustainable energy transition goals.

CSTL vs MNTK — Head-to-Head

Bigger by revenue
CSTL
CSTL
1.9× larger
CSTL
$83.7M
$43.4M
MNTK
Growing faster (revenue YoY)
MNTK
MNTK
+61.6% gap
MNTK
56.7%
-4.9%
CSTL
Higher net margin
MNTK
MNTK
23.1% more per $
MNTK
5.7%
-17.4%
CSTL
Faster 2-yr revenue CAGR
MNTK
MNTK
Annualised
MNTK
5.8%
-1.9%
CSTL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CSTL
CSTL
MNTK
MNTK
Revenue
$83.7M
$43.4M
Net Profit
$-14.5M
$2.5M
Gross Margin
Operating Margin
-3.8%
Net Margin
-17.4%
5.7%
Revenue YoY
-4.9%
56.7%
Net Profit YoY
43.8%
129.5%
EPS (diluted)
$-0.49
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSTL
CSTL
MNTK
MNTK
Q1 26
$83.7M
Q4 25
$87.0M
$43.4M
Q3 25
$83.0M
$45.3M
Q2 25
$86.2M
$45.1M
Q1 25
$88.0M
$42.6M
Q4 24
$86.3M
$27.7M
Q3 24
$85.8M
$65.9M
Q2 24
$87.0M
$43.3M
Net Profit
CSTL
CSTL
MNTK
MNTK
Q1 26
$-14.5M
Q4 25
$2.5M
Q3 25
$-501.0K
$5.2M
Q2 25
$4.5M
$-5.5M
Q1 25
$-25.8M
$-464.0K
Q4 24
$-8.5M
Q3 24
$2.3M
$17.0M
Q2 24
$8.9M
$-712.0K
Gross Margin
CSTL
CSTL
MNTK
MNTK
Q1 26
Q4 25
79.0%
Q3 25
77.5%
Q2 25
79.5%
Q1 25
81.4%
Q4 24
81.3%
Q3 24
81.8%
43.8%
Q2 24
83.3%
15.6%
Operating Margin
CSTL
CSTL
MNTK
MNTK
Q1 26
Q4 25
-4.4%
-3.8%
Q3 25
-8.2%
9.8%
Q2 25
-4.9%
-5.2%
Q1 25
-31.7%
1.0%
Q4 24
4.7%
-35.5%
Q3 24
5.9%
34.4%
Q2 24
5.8%
2.0%
Net Margin
CSTL
CSTL
MNTK
MNTK
Q1 26
-17.4%
Q4 25
5.7%
Q3 25
-0.6%
11.5%
Q2 25
5.2%
-12.2%
Q1 25
-29.4%
-1.1%
Q4 24
-30.5%
Q3 24
2.6%
25.9%
Q2 24
10.3%
-1.6%
EPS (diluted)
CSTL
CSTL
MNTK
MNTK
Q1 26
$-0.49
Q4 25
$-0.06
$0.01
Q3 25
$-0.02
$0.04
Q2 25
$0.15
$-0.04
Q1 25
$-0.90
$0.00
Q4 24
$0.32
$-0.05
Q3 24
$0.08
$0.12
Q2 24
$0.31
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSTL
CSTL
MNTK
MNTK
Cash + ST InvestmentsLiquidity on hand
$63.8M
$23.8M
Total DebtLower is stronger
$10.1M
$126.0M
Stockholders' EquityBook value
$461.4M
$263.1M
Total Assets
$547.8M
$435.5M
Debt / EquityLower = less leverage
0.02×
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSTL
CSTL
MNTK
MNTK
Q1 26
$63.8M
Q4 25
$299.5M
$23.8M
Q3 25
$287.5M
$6.8M
Q2 25
$275.9M
$29.1M
Q1 25
$275.2M
$40.1M
Q4 24
$293.1M
$45.6M
Q3 24
$95.0M
$55.0M
Q2 24
$85.6M
$42.3M
Total Debt
CSTL
CSTL
MNTK
MNTK
Q1 26
$10.1M
Q4 25
$10.1M
$126.0M
Q3 25
$10.0M
$54.9M
Q2 25
$10.0M
$57.8M
Q1 25
$10.0M
$40.8M
Q4 24
$10.0M
$43.8M
Q3 24
$10.0M
$46.7M
Q2 24
$10.0M
$49.7M
Stockholders' Equity
CSTL
CSTL
MNTK
MNTK
Q1 26
$461.4M
Q4 25
$470.9M
$263.1M
Q3 25
$467.0M
$260.7M
Q2 25
$455.4M
$254.7M
Q1 25
$440.3M
$258.2M
Q4 24
$455.8M
$257.4M
Q3 24
$441.1M
$275.3M
Q2 24
$423.9M
$255.3M
Total Assets
CSTL
CSTL
MNTK
MNTK
Q1 26
$547.8M
Q4 25
$578.6M
$435.5M
Q3 25
$562.8M
$383.3M
Q2 25
$544.7M
$382.5M
Q1 25
$501.7M
$354.2M
Q4 24
$531.2M
$349.0M
Q3 24
$514.6M
$374.1M
Q2 24
$487.3M
$362.0M
Debt / Equity
CSTL
CSTL
MNTK
MNTK
Q1 26
0.02×
Q4 25
0.02×
0.48×
Q3 25
0.02×
0.21×
Q2 25
0.02×
0.23×
Q1 25
0.02×
0.16×
Q4 24
0.02×
0.17×
Q3 24
0.02×
0.17×
Q2 24
0.02×
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSTL
CSTL
MNTK
MNTK
Operating Cash FlowLast quarter
$-22.1M
$337.0K
Free Cash FlowOCF − Capex
$-41.1M
FCF MarginFCF / Revenue
-94.7%
Capex IntensityCapex / Revenue
95.5%
Cash ConversionOCF / Net Profit
0.14×
TTM Free Cash FlowTrailing 4 quarters
$-86.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSTL
CSTL
MNTK
MNTK
Q1 26
$-22.1M
Q4 25
$26.9M
$337.0K
Q3 25
$22.6M
$12.7M
Q2 25
$20.8M
$8.2M
Q1 25
$-6.0M
$9.1M
Q4 24
$24.4M
$724.0K
Q3 24
$23.3M
$28.6M
Q2 24
$24.0M
$193.0K
Free Cash Flow
CSTL
CSTL
MNTK
MNTK
Q1 26
Q4 25
$19.7M
$-41.1M
Q3 25
$7.8M
$-17.2M
Q2 25
$11.6M
$-25.5M
Q1 25
$-10.8M
$-2.5M
Q4 24
$16.8M
$-8.3M
Q3 24
$17.0M
$16.0M
Q2 24
$18.8M
$-18.6M
FCF Margin
CSTL
CSTL
MNTK
MNTK
Q1 26
Q4 25
22.7%
-94.7%
Q3 25
9.4%
-37.9%
Q2 25
13.4%
-56.4%
Q1 25
-12.2%
-5.8%
Q4 24
19.5%
-29.8%
Q3 24
19.8%
24.3%
Q2 24
21.6%
-42.9%
Capex Intensity
CSTL
CSTL
MNTK
MNTK
Q1 26
Q4 25
8.3%
95.5%
Q3 25
17.9%
65.9%
Q2 25
10.7%
74.6%
Q1 25
5.4%
27.3%
Q4 24
8.8%
32.5%
Q3 24
7.4%
19.1%
Q2 24
6.0%
43.3%
Cash Conversion
CSTL
CSTL
MNTK
MNTK
Q1 26
Q4 25
0.14×
Q3 25
2.43×
Q2 25
4.60×
Q1 25
Q4 24
Q3 24
10.29×
1.68×
Q2 24
2.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSTL
CSTL

Segment breakdown not available.

MNTK
MNTK

Natural Gas Environmental Attributes$28.1M65%
Natural Gas Commodity$10.7M25%
Electric Commodity$2.7M6%
Electric Environmental Attributes$2.0M5%

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