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Veracyte VCYT Business Segments — 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 us-gaap:LaborAndRelatedExpense.

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
Allocation of facilities and IT expenses1,8932,016
Total research and development27,09817,720
Selling and marketing:
Compensation expense19,97217,635
Direct marketing expense1,455710
Other selling and marketing expenses (5)4,5613,853
Allocation of facilities and IT expenses1,1682,256
Total selling and marketing27,15624,454

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Veracyte's business segments — compensation expense?
Veracyte (VCYT) reported business segments — compensation expense of $19.97M in Q1 2026.
How has Veracyte's business segments — compensation expense changed year-over-year?
Veracyte's business segments — compensation expense decreased by 1.0% year-over-year, from $20.17M to $19.97M.
What is the long-term trend for Veracyte's business segments — compensation expense?
Over 3 years (2022 to 2025), Veracyte's business segments — compensation expense has grown at a 4.7% compound annual growth rate (CAGR), from $72.26M to $82.91M.
What does business segments — compensation expense mean?
Captures the total costs related to employee salaries, benefits, and stock-based compensation specifically attributable to the reportable segment. Monitoring this helps assess the segment's human capital investment and labor cost structure.

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