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Myriad Genetics MYGN Unrecognized tax benefits

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Other financials

Income statement

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Revenue$200.4M+2.3%
Gross profit$137.6M+2.5%
Operating income-$30.7M-5.9%
Net income-$34.1M-34,000%
EPS (diluted)-$0.36

Balance sheet

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Cash & equivalents$126.0M+24.8%
Total debt$211.5M+34.2%
Total equity$337.4M-52.1%
Total assets$673.7M-33.0%

Cash flow

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Operating cash flow-$15.7M+3.7%
CapEx$18.8M+181%
Free cash flow-$19.7M+65.1%

Valuation

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Market cap$512.85M+13.1%
Enterprise value$598.35M+17.3%
P/S0.6×+0.1×

Profitability

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Gross margin70%0.0pp
Operating margin-46.9%-88.3pp
Net margin-48.2%-72.9pp
FCF margin-17%

Returns & leverage

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Return on equity-76.7%-98.4pp
Debt / equity0.6×+0.4×
Current ratio2.4×+0.5×

Where this comes from

Reported directly by Myriad Genetics in its filing.

Tagged under the XBRL concept mygn:IncreaseDecreaseInUnrecognizedTaxBenefits.

The official record: Myriad Genetics’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Myriad Genetics's unrecognized tax benefits?
Myriad Genetics (MYGN) reported unrecognized tax benefits of $0 in Q1 2026.
How has Myriad Genetics's unrecognized tax benefits changed year-over-year?
Myriad Genetics's unrecognized tax benefits increased by 100.0% year-over-year, from -$31.3M to $0.
What is the long-term trend for Myriad Genetics's unrecognized tax benefits?
Over 4 years (2021 to 2025), Myriad Genetics's unrecognized tax benefits has grown at a 88.0% compound annual growth rate (CAGR), from $2.6M to $32.5M.
What does unrecognized tax benefits mean?
Represents the net change in liabilities for uncertain tax positions that do not meet the threshold for recognition in the financial statements. Fluctuations in this balance reflect changes in the company's assessment of tax risks, potential audit settlements, or the expiration of statutes of limitations. This metric is critical for assessing tax-related legal and financial risk exposure.