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Veracyte VCYT Biopharmaceutical revenue — Total Revenue

Other product segments

Testing revenue
$135.09M+25.9%

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Biopharmaceutical revenue$301$2,297
Contract manufacturing and testing1,287
Total$301$3,584

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Veracyte's biopharmaceutical revenue — total revenue?
Veracyte (VCYT) reported biopharmaceutical revenue — total revenue of $301K in Q1 2026.
How has Veracyte's biopharmaceutical revenue — total revenue changed year-over-year?
Veracyte's biopharmaceutical revenue — total revenue decreased by 86.9% year-over-year, from $2.3M to $301K.
What is the long-term trend for Veracyte's biopharmaceutical revenue — total revenue?
Over 4 years (2021 to 2025), Veracyte's biopharmaceutical revenue — total revenue has grown at a -15.2% compound annual growth rate (CAGR), from $12.61M to $6.54M.
What does biopharmaceutical revenue — total revenue mean?
This metric represents the total revenue generated from services and collaborations provided to biopharmaceutical partners, such as clinical trial support or companion diagnostic development. It reflects the company's ability to monetize its proprietary diagnostic platforms through B2B partnerships rather than direct clinical testing. Tracking this revenue stream helps investors assess the company's diversification beyond core clinical diagnostic volumes and its integration into the broader drug development ecosystem.

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