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Other financials

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%
Free cash flow$32.3M+810%

Valuation

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Market cap$3.71B+97.6%
Enterprise value$3.48B+104%
P/E42.2×-29.1×
P/S6.9×+2.9×

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×

Where this comes from

Reported directly by Veracyte in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Veracyte’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 8:07 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001384101-26-000031
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net cash provided by operating activities35,2155,362
Investing activities
Purchase of short-term investments(124,999)(49,999)
Purchases of property, plant and equipment(2,962)(1,819)
Net cash used in investing activities(127,961)(51,818)
Financing activities
Payment of taxes on vested restricted stock units(9,364)(9,451)
Proceeds from the exercise of common stock options and employee stock purchases2,7352,967

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Veracyte's capex?
Veracyte (VCYT) reported capex of $2.96M in Q1 2026.
How has Veracyte's capex changed year-over-year?
Veracyte's capex increased by 62.8% year-over-year, from $1.82M to $2.96M.
What is the long-term trend for Veracyte's capex?
Over 4 years (2021 to 2025), Veracyte's capex has grown at a 15.8% compound annual growth rate (CAGR), from $5.38M to $9.68M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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