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Veracyte VCYT Amortization of acquired technology

Amortization of acquired technology at other companies

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$43M+13.2%
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$19.3M+1.6%
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$8.94M-15.2%

Segments

By segment

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Reportable Segment$2.71M+4.7%

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%
CapEx$3.0M+62.8%
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:CostOfGoodsAndServicesSoldAmortization.

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, 20262025
Cost of testing revenue33,30628,260
Cost of product revenue1,8911,422
Cost of biopharmaceutical and other revenue82,698
Intangible asset amortization - cost of revenue2,7072,585
Total cost of revenue37,91234,965
Gross profit101,15979,508
Operating expenses:
Research and development27,09817,720

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Veracyte's amortization of acquired technology?
Veracyte (VCYT) reported amortization of acquired technology of $2.71M in Q1 2026.
How has Veracyte's amortization of acquired technology changed year-over-year?
Veracyte's amortization of acquired technology increased by 4.7% year-over-year, from $2.59M to $2.71M.
What is the long-term trend for Veracyte's amortization of acquired technology?
Over 3 years (2022 to 2025), Veracyte's amortization of acquired technology has grown at a -17.9% compound annual growth rate (CAGR), from $19.27M to $10.67M.
What does amortization of acquired technology mean?
This represents the non-cash expense related to the systematic allocation of the cost of acquired intangible assets, such as patents or proprietary technology, over their estimated useful lives. It reflects the consumption of economic value from previously acquired intellectual property used in the production of goods or services. Investors monitor this to distinguish between operational production costs and the accounting recognition of historical acquisition investments.

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