What is Veracyte's net margin?

Veracyte (VCYT) reported net margin of 16.2% in Q1 2026.

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

Veracyte's net margin increased by 127.8% year-over-year, from 7.1% to 16.2%.

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

Over 5 years (2020 to 2025), Veracyte's net margin has grown at a -15.5% compound annual growth rate (CAGR), from -29.7% to 12.8%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Veracyte VCYT Net margin

Net margin at other companies

Guardant HealthGH

-40.1%-8.1pp

Natera, Inc.NTRA

-14.6%+0.6pp

Bio-Rad LaboratoriesBIO

6.5%+3.4pp

RevvityRVTY

8.3%-2.1pp

Labcorp HoldingsLH

6.7%+1.1pp

Quest DiagnosticsDGX

9.1%+0.2pp

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

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.

net income/total revenue=16.2%

Based on trailing twelve months.

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 margin?: Veracyte (VCYT) reported net margin of 16.2% in Q1 2026.
How has Veracyte's net margin changed year-over-year?: Veracyte's net margin increased by 127.8% year-over-year, from 7.1% to 16.2%.
What is the long-term trend for Veracyte's net margin?: Over 5 years (2020 to 2025), Veracyte's net margin has grown at a -15.5% compound annual growth rate (CAGR), from -29.7% to 12.8%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.