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Veracyte VCYT Business Segments — R&D

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SLABReportable Segment — R&D
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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:ResearchAndDevelopmentExpense.

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
Direct research and development expense4,1984,141
Other research and development expenses (4)5,4601,815
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

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Veracyte's business segments — R&D?
Veracyte (VCYT) reported business segments — R&D of $27.1M in Q1 2026.
How has Veracyte's business segments — R&D changed year-over-year?
Veracyte's business segments — R&D increased by 52.9% year-over-year, from $17.72M to $27.1M.
What is the long-term trend for Veracyte's business segments — R&D?
Over 3 years (2022 to 2025), Veracyte's business segments — R&D has grown at a 20.4% compound annual growth rate (CAGR), from $40.6M to $70.81M.
What does business segments — R&D mean?
The total investment made by the reportable segment into innovation, product development, and clinical or technical advancement. This metric is critical for evaluating the segment's long-term growth potential and competitive pipeline.

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