What is Veracyte's net debt?

Veracyte (VCYT) reported net debt of -$225.46M in Q1 2026.

How has Veracyte's net debt changed year-over-year?

Veracyte's net debt decreased by 64.3% year-over-year, from -$137.26M to -$225.46M.

What is the long-term trend for Veracyte's net debt?

Over 5 years (2020 to 2025), Veracyte's net debt has grown at a -0.8% compound annual growth rate (CAGR), from -$337.65M to -$324.57M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Veracyte VCYT Net debt

Discontinued — last reported Q1 '26

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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$4.28B+10.7%

Enterprise value$4.05B+7.4%

P/E48.6×-68.3×

P/S7.9×-0.4×

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 / equity0×0.0×

Current ratio9.3×+4.2×

Where this comes from

Calculated from Veracyte’s reported figures.

$39.3Mtotal debt−$264.8Mcash and equivalents=-$225.46M

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 net debt?: Veracyte (VCYT) reported net debt of -$225.46M in Q1 2026.
How has Veracyte's net debt changed year-over-year?: Veracyte's net debt decreased by 64.3% year-over-year, from -$137.26M to -$225.46M.
What is the long-term trend for Veracyte's net debt?: Over 5 years (2020 to 2025), Veracyte's net debt has grown at a -0.8% compound annual growth rate (CAGR), from -$337.65M to -$324.57M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.