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Veracyte VCYT Business Segments — Net Income

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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$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
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:NetIncomeLoss.

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 business segments — net income?
Veracyte (VCYT) reported business segments — net income of $28.71M in Q1 2026.
How has Veracyte's business segments — net income changed year-over-year?
Veracyte's business segments — net income increased by 307.4% year-over-year, from $7.05M to $28.71M.
What is the long-term trend for Veracyte's business segments — net income?
Over 3 years (2022 to 2025), Veracyte's business segments — net income has grown at a 22.0% compound annual growth rate (CAGR), from -$36.56M to $66.35M.
What does business segments — net income mean?
This metric represents the final bottom-line profitability of the reportable segment after all operating expenses, taxes, and non-operating items have been deducted from its revenue. It serves as the primary indicator of the segment's financial health and its ability to generate sustainable returns for the organization. Investors use this to evaluate the segment's contribution to overall corporate earnings.