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Veracyte VCYT Income Tax
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Where this comes from
Reported directly by Veracyte in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
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 item | Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Income from operations | 22,646 | 2,904 |
| Other income, net | 7,328 | 4,524 |
| Income before income taxes | 29,974 | 7,428 |
| Income tax provision | 1,267 | 381 |
| Net income | $28,707 | $7,047 |
| Earnings per share: | ||
| Basic | $0.36 | $0.09 |
| Diluted | $0.35 | $0.09 |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Veracyte's income tax?
- Veracyte (VCYT) reported income tax of $1.27M in Q1 2026.
- How has Veracyte's income tax changed year-over-year?
- Veracyte's income tax increased by 232.5% year-over-year, from $381K to $1.27M.
- What is the long-term trend for Veracyte's income tax?
- Over 2 years (2021 to 2023), Veracyte's income tax has grown at a -39.8% compound annual growth rate (CAGR), from -$6.09M to -$2.21M.
- What does income tax mean?
- Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.
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