What are Veracyte's profit margins?

Veracyte (VCYT) runs a 70.9% gross margin and a 14.3% operating margin, with a 16.2% net margin.

Where do Veracyte's ratios come from?

Every ratio is computed from Veracyte's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Veracyte VCYT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	70.9%+2.9pp	70.1%+3.2pp	68.5%+1.7pp	68.3%+2.5pp	68%+3.9pp
Operating margin	14.3%+9.2pp	11.2%+7.6pp	5%+10.5pp	2.9%+19.7pp	5.1%+26.4pp
Net margin	16.2%+9.1pp	12.8%+7.4pp	6.1%+8.3pp	5.5%+19.0pp	7.1%+25.3pp
EBITDA margin	18.3%+8.1pp	15.3%+6.4pp	9.5%+9.5pp	7.7%+18.3pp	10.1%+24.5pp
Free cash flow margin	28.7%+11.7pp	24.5%+10.2pp	19.8%+6.6pp	17.5%+7.5pp	16.9%+9.9pp
Returns
Return on equity	6.9%+4.1pp	5.3%+3.2pp	2.5%+3.3pp	2.2%+7.1pp	2.9%+9.1pp
Return on assets	6.4%+3.8pp	4.9%+2.9pp	2.3%+3.1pp	2%+6.6pp	2.6%+8.4pp
Return on invested capital	7.1%+4.7pp	5.9%+4.1pp	2.6%+5.2pp	1.4%+8.8pp	2.4%+11.1pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	9.3×+4.2×	8.1×+3.4×	6.2×+1.2×	5.4×+1.0×	5.1×+0.1×
Quick ratio	9.3×+4.5×	7.8×+3.3×	5.9×+1.2×	5.1×+0.9×	4.8×+0.1×
Cash ratio	4.7×+2.2×	6.1×+3.0×	4.4×+0.5×	2.9×-0.4×	2.5×-1.1×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-2.3×+0.6×	-4.1×+0.7×	-5.9×+127,677×	-4.6×—	-2.9×—
Per Share
Book value per share	$16.53+10.8%	$16.25+8.0%	$15.78+5.3%	$15.58+6.1%	$14.93-0.2%
Valuation
Market capitalization	$2.56B+10.7%	$3.33B+8.4%	$2.7B+3.7%	$2.11B+29.9%	$2.31B+43.6%
Enterprise value	$2.33B+7.4%	$3B+4.3%	$2.42B+3.2%	$1.93B+37.8%	$2.17B+53.8%
Price / earnings	29.1×-40.8×	50.2×-77.0×	89.1×—	79.9×—	69.9×—
Price / sales	4.7×-0.3×	6.4×-0.4×	5.5×-0.7×	4.4×+0.3×	5×+0.7×
Price / book	1.9×0.0×	2.5×-0.1×	2.1×-0.1×	1.7×+0.3×	1.9×+0.5×
EV / EBITDA	23.6×-22.7×	37.9×-34.8×	51.4×-1,174,948×	52.6×—	46.3×—
EV / sales	4.3×-0.4×	5.8×-0.7×	4.9×-0.6×	4×+0.5×	4.7×+0.9×
Free cash flow yield	6.1%+2.7pp	3.8%+1.7pp	3.6%+1.5pp	4%+1.5pp	3.4%+1.8pp
Earnings yield	3.4%+2.0pp	2%+1.2pp	1.1%+1.5pp	1.3%+4.6pp	1.4%+5.7pp
PEG ratio	0.2×—	0.3×—	——	——	——

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Questions, answered.

What are Veracyte's profit margins?: Veracyte (VCYT) runs a 70.9% gross margin and a 14.3% operating margin, with a 16.2% net margin.
Where do Veracyte's ratios come from?: Every ratio is computed from Veracyte's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.