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Veracyte VCYT Biopharmaceutical and other revenue — Compensation expense

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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$3.71B+97.6%
Enterprise value$3.48B+104%
P/E42.2×-29.1×
P/S6.9×+2.9×

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×
Current ratio9.3×+4.2×

Where this comes from

Reported directly by Veracyte in its filing.

Tagged under the XBRL concept vcyt:CostOfRevenueCompensationExpense.

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 itemThree Months Ended March 31, 20262025
Cost of testing revenue:
Laboratory supplies and reagents expense12,31413,067
Sample collection expense3,2882,825
Compensation expense9,8045,611
Other cost of testing revenue (1)4,9373,385
Allocation of facilities and IT expenses2,9633,372
Total cost of testing revenue33,30628,260
Cost of product revenue:

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Veracyte's biopharmaceutical and other revenue — compensation expense?
Veracyte (VCYT) reported biopharmaceutical and other revenue — compensation expense of $0 in Q1 2026.
How has Veracyte's biopharmaceutical and other revenue — compensation expense changed year-over-year?
Veracyte's biopharmaceutical and other revenue — compensation expense decreased by 100.0% year-over-year, from $1.24M to $0.
What is the long-term trend for Veracyte's biopharmaceutical and other revenue — compensation expense?
Over 3 years (2022 to 2025), Veracyte's biopharmaceutical and other revenue — compensation expense has grown at a -28.1% compound annual growth rate (CAGR), from $8.94M to $3.32M.
What does biopharmaceutical and other revenue — compensation expense mean?
This metric tracks the total personnel-related costs, including salaries, benefits, and stock-based compensation, specifically allocated to the biopharmaceutical and research services segment. It highlights the human capital investment required to maintain and scale the company's collaborative service offerings.

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