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Veracyte VCYT Testing revenue — Other cost

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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:OtherCostOfOperatingRevenue.

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
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:
Product costs1,401109

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Veracyte's testing revenue — other cost?
Veracyte (VCYT) reported testing revenue — other cost of $4.94M in Q1 2026.
How has Veracyte's testing revenue — other cost changed year-over-year?
Veracyte's testing revenue — other cost increased by 45.8% year-over-year, from $3.39M to $4.94M.
What is the long-term trend for Veracyte's testing revenue — other cost?
Over 3 years (2022 to 2025), Veracyte's testing revenue — other cost has grown at a 25.6% compound annual growth rate (CAGR), from $9.91M to $19.65M.
What does testing revenue — other cost mean?
This encompasses miscellaneous direct costs associated with the testing segment that do not fall into primary categories like labor or reagents. It is used to track ancillary operational expenses that impact the gross margin of the testing business.

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