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Veracyte

VCYT

Veracyte is a global diagnostics company specializing in high-performance molecular tests that provide clinicians with critical insights for cancer diagnosis and treatment.

Market cap
$4.44B+136%
Revenue$541.7M+16.9%
Net income$88.0M+166%
Free cash flow$155.3M+98.0%
EPS (diluted)$1.08+163%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$144.6M
EPS estimate$0.44

Financials

Q1 2026

Income statement

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Revenue$139.1M+21.5%
Gross profit$101.2M+27.2%
Operating income$22.6M+680%
Net income$28.7M+307%
EPS (diluted)$0.35+289%

Balance sheet

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Cash & equivalents$264.8M+41.0%
Total debt$39.3M-22.1%
Total equity$1.3B+12.5%
Total assets$1.4B+9.2%

Cash flow

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Operating cash flow$35.2M+557%
CapEx$3.0M+62.8%
Free cash flow$32.3M+810%

Valuation & ratios

Valuation

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Market cap$4.44B+136%
Enterprise value$4.21B+135%
P/E50.4×-24.0×
P/S8.2×+4.1×

Profitability

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Gross margin70.9%+2.9pp
Operating margin14.3%+9.2pp
Net margin16.2%+9.1pp
FCF margin28.7%+11.7pp

Returns & leverage

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Return on equity6.9%+4.1pp
Debt / equity0.0×
Current ratio9.3×+4.2×

Segments

By segment

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Reportable Segment$139.1M+21.5%

By product

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Testing revenue$135.1M+25.9%

Competitors

Profile

Veracyte is a global diagnostics company specializing in high-performance molecular tests that provide clinicians with critical insights for cancer diagnosis and treatment. The company leverages unique cancer biology to offer prognostic and predictive data, helping patients avoid unnecessary procedures and accelerating time to appropriate therapy. Their operations utilize a dual-model approach, combining centralized laboratory services in the United States with international distribution of diagnostic kits for local hospital use.

Competitive position

A leading provider of genomic tests for prostate and thyroid cancer with a growing presence in breast and bladder cancer diagnostics.

GeographiesUnited States, Global
Customer segmentsSpecialist Physicians, Hospitals, Diagnostic Laboratories
Business modelLaboratory Developed Tests (LDT), In Vitro Diagnostics (IVD) Distribution, Precision Medicine
SuppliersGenomic sequencing equipment manufacturers, Reagent suppliers, Biotechnology research tools
CustomersOncology clinics, Urology practices, Endocrinology centers, Public and private insurance payors
Listed2013
Employees815.0
CEOMarc Stapley
FilingsSEC EDGAR

Questions, answered.

What is Veracyte's market cap?
Veracyte (VCYT) has a market capitalization of $4.4B and trades on NASDAQ.
What is Veracyte's revenue and profitability?
Veracyte generated $541.7M in trailing twelve-month revenue with net income of $88.0M, representing a net margin of 16.2%. Gross margin stands at 70.9%, with free cash flow of $155.3M. These figures are based on the Q1 2026 filing.
Who are Veracyte's competitors?
Veracyte's key competitors include Guardant Health, Natera, Castle Biosciences, and others. These companies compete in similar markets and product categories.
What subsidiaries does Veracyte have?
Veracyte's subsidiaries include Decipher Biosciences.
Where is Veracyte headquartered?
Veracyte is headquartered in United States of America and employs approximately 815 people. It has been publicly traded since 2013.