What are Veracyte's profit margins?

Gross margin is 70.9% and operating margin is 14.3%, with a 16.2% net margin.

Where does Veracyte's income statement data come from?

Every line is extracted from Veracyte's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Veracyte VCYT Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$541.74M+16.9%	$517.15M+16.0%	$495.14M+16.4%	$479.13M+19.9%	$463.39M+23.4%
Total cost of revenue	——	——	——	——	——
Gross profit	$384.18M+21.9%	$362.53M+21.6%	$339.31M+19.4%	$327.04M+24.4%	$315.19M+30.9%
Gross margin	70.9%+2.9pp	70.1%+3.2pp	68.5%+1.7pp	68.3%+2.5pp	68%+3.9pp
Research and development	$80.19M+12.9%	$70.81M+2.2%	$69.26M+0.8%	$70.85M+10.0%	$71.05M+17.4%
Selling and marketing	$102.87M+7.0%	$100.17M+5.0%	$99.05M+3.3%	$97.21M-0.4%	$96.11M-3.1%
General and administrative	$100.66M-14.8%	$110.78M+0.2%	$120.33M+11.9%	$118.79M+21.1%	$118.21M+29.4%
Total operating expenses	——	——	——	——	——
Total costs & expenses	$306.66M+5.2%	$304.76M+8.1%	$314.56M+2.2%	$313.21M-5.1%	$291.48M-9.1%
Operating income	$77.52M+227%	$57.78M+258%	$24.76M+205%	$13.83M+121%	$23.7M+130%
Operating margin	14.3%+9.2pp	11.2%+7.6pp	5%+10.5pp	2.9%+19.7pp	5.1%+26.4pp
Other income (expense), net	$13.23M+9.2%	$10.42M+0.9%	$6.99M-54.6%	$15.87M+26.9%	$12.11M+27.2%
Income before income taxes	$90.75M+159%	$68.2M+165%	$31.01M+480%	$28.97M+153%	$35.08M+150%
Income tax expense	——	——	——	——	——
Net income	$88.01M+166%	$66.35M+175%	$30.32M+427%	$26.34M+149%	$33.05M+148%
Net margin	16.2%+9.1pp	12.8%+7.4pp	6.1%+8.3pp	5.5%+19.0pp	7.1%+25.3pp
Diluted earnings per share	$1.08+163%	$0.82+173%	$0.38+371%	$0.33+145%	$0.41+144%
EBITDA	$99M+111%	$79.19M+100.0%	$47.13M+2,356,250%	$36.81M+187%	$46.93M+187%
EBITDA margin	18.3%+8.1pp	15.3%+6.4pp	9.5%+9.5pp	7.7%+18.3pp	10.1%+24.5pp
EBIT	$77.52M+227%	$57.78M+258%	$24.76M+205%	$13.83M+121%	$23.7M+130%

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Questions, answered.

What are Veracyte's profit margins?: Gross margin is 70.9% and operating margin is 14.3%, with a 16.2% net margin.
Where does Veracyte's income statement data come from?: Every line is extracted from Veracyte's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.