What is Veracyte's gross profit?

Veracyte (VCYT) reported gross profit of $101.16M in Q1 2026.

How has Veracyte's gross profit changed year-over-year?

Veracyte's gross profit increased by 27.2% year-over-year, from $79.51M to $101.16M.

What is the long-term trend for Veracyte's gross profit?

Over 3 years (2022 to 2025), Veracyte's gross profit has grown at a 27.3% compound annual growth rate (CAGR), from $175.68M to $362.53M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Veracyte VCYT Gross Profit

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Segments

By segment

See full

Reportable Segment$101.16M+27.2%

Other financials

Income statement

See full

Revenue$139.1M+21.5%

Operating income$22.6M+680%

Net income$28.7M+307%

EPS (diluted)$0.35+289%

Balance sheet

See full

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

See full

Operating cash flow$35.2M+557%

CapEx$3.0M+62.8%

Free cash flow$32.3M+810%

Valuation

See full

Market cap$4.28B+10.7%

Enterprise value$4.05B+7.4%

P/E48.6×-68.3×

P/S7.9×-0.4×

Profitability

See full

Gross margin70.9%+2.9pp

Operating margin14.3%+9.2pp

Net margin16.2%+9.1pp

FCF margin28.7%+11.7pp

Returns & leverage

See full

Return on equity6.9%+4.1pp

Debt / equity0×0.0×

Current ratio9.3×+4.2×

Where this comes from

Reported directly by Veracyte in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

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

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Questions, answered.

What is Veracyte's gross profit?: Veracyte (VCYT) reported gross profit of $101.16M in Q1 2026.
How has Veracyte's gross profit changed year-over-year?: Veracyte's gross profit increased by 27.2% year-over-year, from $79.51M to $101.16M.
What is the long-term trend for Veracyte's gross profit?: Over 3 years (2022 to 2025), Veracyte's gross profit has grown at a 27.3% compound annual growth rate (CAGR), from $175.68M to $362.53M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.