VERACYTE, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:18:34Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 126.63M | 63.81M | 34.26M | -1.01M | -37.00M | -12.55M |
| EBITDA | 79.19M | 39.60M | -58.61M | -15.15M | -62.31M | -27.45M |
| Working Capital | 428.44M | 293.63M | 224.38M | 186.02M | 178.95M | 358.90M |
| Net Debt | -322.92M | -188.35M | -203.72M | -139.13M | -153.74M | -337.05M |
| Gross Margin | 70.10% | 66.88% | 63.62% | 59.24% | — | — |
| Operating Margin | 11.17% | 3.62% | -23.76% | -13.85% | -37.31% | -30.12% |
| Net Margin | 12.83% | 5.42% | -20.61% | -12.33% | -34.42% | -29.71% |
| Return on Equity (ROE) | 5.07% | 2.05% | -7.13% | -3.40% | -6.89% | -8.29% |
| Return on Assets (ROA) | 4.72% | 1.86% | -6.67% | -3.16% | -6.36% | -7.64% |
| Current Ratio | 8.15× | 4.73× | 4.66× | 3.97× | 3.79× | 22.39× |
| Debt-to-Equity | 0.03× | 0.04× | 0.01× | 0.01× | 0.02× | 0.03× |
| Effective Tax Rate | 2.71% | 6.24% | 2.88% | -0.37% | 7.45% | 0.00% |
| Cash Conversion Ratio | 2.05× | 3.11× | -0.59× | -0.21× | 0.42× | 0.28× |
| Accruals Ratio | -0.05× | -0.04× | -0.11× | -0.04× | -0.04× | -0.06× |
| SBC % of Revenue | 8.43% | 8.13% | 9.18% | 9.02% | 10.26% | 11.06% |
| CapEx Coverage | 14.09× | 6.65× | 4.44× | 0.88× | -5.88× | -3.42× |
| Free Cash Flow Per Share | $1.57 | $0.82 | $0.47 | $-0.01 | $-0.55 | $-0.24 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 51.34× | 127.74× | — | — | — | — |
| P/FCF | 26.79× | 48.51× | 58.33× | — | — | — |
| FCF Yield | 3.73% | 2.06% | 1.71% | — | — | — |
| EV / EBITDA | 38.11× | 73.01× | — | — | — | — |
| P/S | 6.46× | 6.91× | 5.58× | 5.76× | 13.35× | 24.24× |
| P/B | 2.55× | 2.62× | 1.93× | 1.59× | 2.67× | 6.76× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 517.14M | 445.76M | 361.05M | 296.54M | 219.51M | 117.48M |
| Gross Profit | 362.53M | 298.14M | 229.68M | 175.68M | — | — |
| Research and Development Expense | 70.81M | 69.29M | 57.30M | 40.60M | 29.84M | 17.20M |
| Operating Income (Loss) | 57.78M | 16.14M | -85.80M | -41.08M | -81.90M | -35.39M |
| Income Tax Expense (Benefit) | 1.85M | 1.61M | -2.21M | 133.00K | -6.09M | 0 |
| Net Income (Loss) Attributable to Parent | 66.35M | 24.14M | -74.40M | -36.56M | -75.56M | -34.91M |
| Earnings Per Share, Basic | $0.84 | $0.32 | $-1.02 | $-0.51 | $-1.11 | $-0.66 |
| Weighted Average Number of Shares Outstanding, Basic | 78.58M | 76.48M | 72.64M | 71.55M | 67.89M | 53.24M |
| Earnings Per Share, Diluted | $0.82 | $0.31 | $-1.02 | $-0.51 | $-1.11 | $-0.66 |
| Weighted Average Number of Shares Outstanding, Diluted | 80.57M | 78.16M | 72.64M | 71.55M | 67.89M | 53.24M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 362.58M | 239.09M | 216.45M | 154.25M | 173.20M | 349.36M |
| Assets, Current | 488.38M | 372.27M | 285.62M | 248.64M | 243.10M | 375.68M |
| Assets | 1.41B | 1.30B | 1.11B | 1.16B | 1.19B | 457.16M |
| Liabilities, Current | 59.94M | 78.63M | 61.24M | 62.61M | 64.15M | 16.78M |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | 0 | 810.00K |
| Liabilities | 96.44M | 124.07M | 70.80M | 81.22M | 91.31M | 35.93M |
| Stockholders' Equity Attributable to Parent | 1.31B | 1.18B | 1.04B | 1.08B | 1.10B | 421.23M |
| Common Stock, Shares, Outstanding | 79.36M | 77.77M | 73.26M | 71.96M | 71.12M | 58.20M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 136.31M | 75.10M | 44.22M | 7.54M | -31.62M | -9.71M |
| Payments to Acquire Property, Plant, and Equipment | 9.68M | 11.29M | 9.96M | 8.55M | 5.38M | 2.84M |
| Net Cash Provided by (Used in) Investing Activities | -9.21M | -56.27M | 15.11M | -29.39M | -739.21M | -3.84M |
| Net Cash Provided by (Used in) Financing Activities | -4.22M | 4.90M | 2.84M | 3.49M | 596.32M | 203.59M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 32.25M | 48.80M | 77.83M | 35.86M | 3.54M | 20.38M |
| EBITDA | 28.08M | 42.49M | — | — | 8.27M | 10.43M |
| Working Capital | 466.06M | 428.44M | 377.07M | 338.25M | 308.03M | 293.63M |
| Net Debt | -223.80M | -322.92M | -275.12M | -168.85M | -135.62M | -188.35M |
| Gross Margin | 72.74% | 72.51% | 69.22% | 68.97% | 69.46% | 66.39% |
| Operating Margin | 16.28% | 26.45% | 17.40% | -4.05% | 2.54% | 3.52% |
| Net Margin | 20.64% | 29.26% | 14.51% | -0.75% | 6.16% | 4.31% |
| Return on Equity (ROE) | 2.14% | 3.14% | 1.52% | -0.08% | 0.59% | 0.43% |
| Return on Assets (ROA) | 2.00% | 2.93% | 1.40% | -0.07% | 0.54% | 0.39% |
| Current Ratio | 9.31× | 8.15× | 6.23× | 5.43× | 5.10× | 4.73× |
| Debt-to-Equity | 0.03× | 0.03× | 0.03× | 0.04× | 0.04× | 0.04× |
| Effective Tax Rate | 4.23% | -1.27% | -1.31% | 178.40% | 5.13% | -48.50% |
| Cash Conversion Ratio | 1.23× | 1.28× | 4.38× | -39.76× | 0.76× | 4.80× |
| Accruals Ratio | -0.00× | -0.01× | -0.05× | -0.03× | 0.00× | -0.01× |
| SBC % of Revenue | 9.18% | 7.75% | 24.80% | 16.86% | 9.57% | 8.12% |
| CapEx Coverage | 11.89× | 13.91× | 14.20× | 12.55× | 2.95× | 5.92× |
| Free Cash Flow Per Share | $0.40 | $0.61 | $0.98 | $0.46 | $0.04 | $0.26 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 29.82× | 51.34× | 90.34× | 81.91× | 72.32× | 132.00× |
| P/S | 4.74× | 6.46× | 5.48× | 4.43× | 5.01× | 6.91× |
| P/B | 1.91× | 2.55× | 2.16× | 1.74× | 1.94× | 2.62× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 139.07M | 140.64M | 131.87M | 130.16M | 114.47M | 118.63M |
| Gross Profit | 101.16M | 101.97M | 91.28M | 89.77M | 79.51M | 78.75M |
| Research and Development Expense | 27.10M | 20.85M | 15.98M | 16.26M | 17.72M | 19.29M |
| Operating Income (Loss) | 22.65M | 37.20M | 22.95M | -5.27M | 2.90M | 4.17M |
| Income Tax Expense (Benefit) | 1.27M | -515.00K | -248.00K | 2.23M | 381.00K | -1.67M |
| Net Income (Loss) Attributable to Parent | 28.71M | 41.15M | 19.14M | -980.00K | 7.05M | 5.11M |
| Earnings Per Share, Basic | $0.36 | $0.52 | $0.24 | $-0.01 | $0.09 | $0.07 |
| Weighted Average Number of Shares Outstanding, Basic | 79.54M | 78.58M | 78.73M | 78.39M | 78.03M | 76.48M |
| Earnings Per Share, Diluted | $0.35 | $0.50 | $0.24 | $-0.01 | $0.09 | $0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | 81.31M | 80.57M | 79.69M | 78.39M | 80.06M | 78.16M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 263.14M | 362.58M | 315.57M | 219.50M | 186.12M | 239.09M |
| Assets, Current | 522.17M | 488.38M | 449.22M | 414.68M | 383.15M | 372.27M |
| Assets | 1.44B | 1.41B | 1.37B | 1.34B | 1.32B | 1.30B |
| Liabilities, Current | 56.12M | 59.94M | 72.15M | 76.43M | 75.13M | 78.63M |
| Liabilities | 91.99M | 96.44M | 110.12M | 123.05M | 120.47M | 124.07M |
| Stockholders' Equity Attributable to Parent | 1.34B | 1.31B | 1.26B | 1.22B | 1.19B | 1.18B |
| Common Stock, Shares, Outstanding | 79.79M | 79.36M | 79.03M | 78.60M | 78.31M | 77.77M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 35.22M | 52.58M | 83.72M | 38.97M | 5.36M | 24.52M |
| Payments to Acquire Property, Plant, and Equipment | 2.96M | 3.78M | 5.90M | 3.10M | 1.82M | 4.14M |
| Net Cash Provided by (Used in) Investing Activities | -127.96M | -5.43M | -3.78M | -52.04M | -51.82M | -54.14M |
| Net Cash Provided by (Used in) Financing Activities | -6.63M | -149.00K | -4.07M | -7.05M | -6.48M | -4.51M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (VCYT CIK 0001384101),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.