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.

Veracyte VCYT Income Tax

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$283K+63.6%

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-$162.7M-939%

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$9.1M-15.1%

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$41.7M-33.0%

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Segments

By segment

See full

Reportable Segment$1.27M+233%

Other financials

Income statement

See full

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

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

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Market cap$4.29B+10.7%

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

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:IncomeTaxExpenseBenefit.

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 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.