Veracyte, Inc. (VCYT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 139.07M | 140.64M | 131.87M | 130.16M | 114.47M | 118.63M | 115.86M | 114.43M | 96.84M | 98.2M | 90.11M | 90.32M | 82.42M | 80.3M | 75.59M | 72.86M | 67.78M | 67.34M | 60.37M | 55.1M |
| Revenue Growth % | 21.49% | 18.55% | 13.82% | 13.75% | 18.2% | 20.81% | 28.58% | 26.69% | 17.5% | 22.29% | 19.2% | 23.96% | 21.6% | 19.25% | 25.21% | 32.23% | 84.68% | 94.97% | 93.98% | 166.16% |
| Cost of Goods Sold | 37.91M | 35.96M | 40.59M | 40.4M | 34.97M | 39.88M | 36.85M | 36.52M | 34.38M | 29.38M | 27.61M | 34.5M | 26.23M | 26.83M | 26.01M | 25.03M | 23.71M | 22.88M | 21.64M | 17.47M |
| COGS % of Revenue | 27.26% | 25.57% | 30.78% | 31.03% | 30.54% | 33.61% | 31.81% | 31.91% | 35.5% | 29.91% | 30.64% | 38.2% | 31.82% | 33.41% | 34.41% | 34.35% | 34.98% | 33.98% | 35.85% | 31.71% |
| Gross Profit | 101.16M | 104.68M | 91.28M | 89.77M | 79.51M | 78.75M | 79.01M | 77.91M | 62.47M | 68.82M | 62.5M | 55.82M | 56.19M | 53.47M | 49.58M | 47.83M | 44.07M | 44.45M | 38.73M | 37.63M |
| Gross Margin % | 72.74% | 74.43% | 69.22% | 68.97% | 69.46% | 66.39% | 68.19% | 68.09% | 64.5% | 70.09% | 69.36% | 61.8% | 68.18% | 66.59% | 65.59% | 65.65% | 65.02% | 66.02% | 64.15% | 68.29% |
| Gross Profit Growth % | 27.23% | 32.92% | 15.53% | 15.22% | 27.28% | 14.43% | 26.42% | 39.58% | 11.17% | 28.72% | 26.04% | 16.7% | 27.51% | 20.27% | 28.03% | 27.11% | 81.36% | 90.39% | 86.63% | 188.4% |
| Operating Expenses | 77.93M | 78.74M | 68.34M | 95.04M | 76.6M | 74.58M | 66.99M | 73.31M | 67.12M | 104.33M | 94.24M | 63.87M | 66.69M | 58.89M | 59.26M | 58.57M | 59.32M | 56.79M | 55.41M | 45.11M |
| OpEx % of Revenue | 56.04% | 55.99% | 51.82% | 73.01% | 66.92% | 62.87% | 57.82% | 64.06% | 69.31% | 106.24% | 104.58% | 70.71% | 80.91% | 73.34% | 78.4% | 80.38% | 87.51% | 84.33% | 91.78% | 81.86% |
| Selling, General & Admin | 50.84M | 44.33M | 50.71M | 56.75M | 59.16M | 54.81M | 47.25M | 54.1M | 49.02M | 48.21M | 40.68M | 50.05M | 46.47M | 41.69M | 43.28M | 43.26M | 44.15M | 26.06M | 41.94M | 34.71M |
| SG&A % of Revenue | 36.55% | 31.52% | 38.45% | 43.6% | 51.68% | 46.2% | 40.78% | 47.28% | 50.62% | 49.09% | 45.14% | 55.41% | 56.38% | 51.92% | 57.25% | 59.38% | 65.13% | 38.7% | 69.48% | 62.99% |
| Research & Development | 27.1M | 20.85M | 15.98M | 16.26M | 17.72M | 19.29M | 17.57M | 16.46M | 15.96M | 18.67M | 13.32M | 12.54M | 12.77M | 11.29M | 10.77M | 9.38M | 9.17M | 25.12M | 8.01M | 6.25M |
| R&D % of Revenue | 19.48% | 14.82% | 12.12% | 12.5% | 15.48% | 16.26% | 15.17% | 14.39% | 16.49% | 19.02% | 14.78% | 13.88% | 15.49% | 14.06% | 14.25% | 12.87% | 13.52% | 37.31% | 13.26% | 11.34% |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | -277K | 482K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 22.65M | 25.94M | 22.95M | -5.27M | 2.9M | 4.17M | 12.02M | 4.61M | -4.66M | -35.51M | -31.74M | -8.05M | -10.5M | -5.42M | -9.68M | -10.73M | -15.25M | -12.33M | -16.68M | -7.47M |
| Operating Margin % | 16.28% | 18.44% | 17.4% | -4.05% | 2.54% | 3.52% | 10.37% | 4.03% | -4.81% | -36.16% | -35.22% | -8.91% | -12.74% | -6.75% | -12.81% | -14.73% | -22.5% | -18.32% | -27.63% | -13.56% |
| Operating Income Growth % | 679.82% | 521.32% | 90.95% | -214.37% | 162.37% | 111.76% | 137.86% | 157.21% | 55.65% | -555.11% | -227.88% | 24.99% | 31.15% | 56.05% | 41.97% | -43.6% | 66.43% | -52.79% | -310.26% | 32.37% |
| EBITDA | 22.65M | 31.24M | 28.21M | 221K | 8.27M | 10.43M | 17.89M | 10.34M | 934K | -29.17M | -24.42M | -1.19M | -3.83M | 1.14M | -2.51M | -4.24M | -8.69M | -5.93M | -10.54M | -2.97M |
| EBITDA Margin % | 16.28% | 22.21% | 21.39% | 0.17% | 7.22% | 8.79% | 15.45% | 9.04% | 0.96% | -29.71% | -27.1% | -1.32% | -4.64% | 1.41% | -3.32% | -5.82% | -12.82% | -8.81% | -17.46% | -5.4% |
| EBITDA Growth % | 173.97% | 199.56% | 57.65% | -97.86% | 785.01% | 135.75% | 173.29% | 967.79% | 124.4% | -2667.87% | -873.56% | 71.89% | 55.96% | 119.16% | 76.21% | -42.6% | 79.72% | 1.95% | -407.8% | 67.3% |
| D&A (Non-Cash Add-back) | 0 | 5.3M | 5.27M | 5.49M | 5.36M | 6.25M | 5.88M | 5.74M | 5.59M | 6.34M | 7.32M | 6.86M | 6.67M | 6.56M | 7.17M | 6.49M | 6.56M | 6.4M | 6.14M | 4.5M |
| EBIT | 0 | 40.63M | 18.89M | 1.25M | 1.16M | 3.44M | 16.85M | 7.36M | -3.65M | -30.47M | -29.77M | -8.27M | -8.08M | -3.44M | -8.81M | -9.58M | -14.4M | -11.25M | -15.42M | -9.13M |
| Net Interest Income | 0 | 0 | 3.48M | 2.94M | 2.76M | 2.86M | 2.9M | 2.7M | 2.69M | 2.82M | 2.07M | 1.25M | 1.18M | 1.14M | 512K | 142K | -22K | 25K | -34K | -34K |
| Interest Income | 0 | 0 | 3.48M | 2.94M | 2.76M | 2.86M | 2.9M | 2.7M | 2.69M | 2.83M | 2.07M | 1.26M | 1.19M | 1.15M | 573K | 212K | 39K | 89K | 27K | 29K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 1K | 0 | 2K | 2K | 3K | 7K | 5K | 61K | 70K | 61K | 64K | 61K | 63K |
| Other Income/Expense | 7.33M | 14.69M | -4.06M | 6.52M | 4.52M | -732K | 4.83M | 2.75M | 2.75M | 5.04M | 1.97M | -226K | 2.41M | 1.98M | 805K | 1.09M | 784K | 1.02M | 1.2M | -1.72M |
| Pretax Income | 29.97M | 40.63M | 18.89M | 1.25M | 7.43M | 3.44M | 16.85M | 7.36M | -1.91M | -30.47M | -29.77M | -8.28M | -8.09M | -3.44M | -8.88M | -9.65M | -14.46M | -11.32M | -15.48M | -9.19M |
| Pretax Margin % | 21.55% | 28.89% | 14.32% | 0.96% | 6.49% | 2.9% | 14.54% | 6.43% | -1.97% | -31.03% | -33.04% | -9.16% | -9.82% | -4.29% | -11.74% | -13.24% | -21.34% | -16.81% | -25.64% | -16.68% |
| Income Tax | 1.27M | -515K | -248K | 2.23M | 381K | -1.67M | 1.69M | 1.63M | -44K | -2.18M | -154K | 125K | 0 | 403K | -152K | -115K | -3K | -789K | -1.35M | -152K |
| Effective Tax Rate % | 4.23% | -1.27% | -1.31% | 178.4% | 5.13% | -48.5% | 10.05% | 22.1% | 2.31% | 7.15% | 0.52% | -1.51% | 0% | -11.71% | 1.71% | 1.19% | 0.02% | 6.97% | 8.72% | 1.65% |
| Net Income | 28.71M | 41.15M | 19.14M | -980K | 7.05M | 5.11M | 15.15M | 5.73M | -1.86M | -28.29M | -29.62M | -8.4M | -8.09M | -3.84M | -8.72M | -9.53M | -14.46M | -10.53M | -14.13M | -9.04M |
| Net Margin % | 20.64% | 29.26% | 14.51% | -0.75% | 6.16% | 4.31% | 13.08% | 5.01% | -1.92% | -28.81% | -32.87% | -9.3% | -9.82% | -4.79% | -11.54% | -13.08% | -21.33% | -15.63% | -23.4% | -16.4% |
| Net Income Growth % | 307.36% | 704.79% | 26.28% | -117.09% | 478.06% | 118.07% | 151.17% | 168.25% | 76.96% | -636.03% | -239.54% | 11.85% | 44.05% | 63.49% | 38.26% | -5.47% | 65.46% | -30.88% | -242.6% | 18.02% |
| Net Income (Continuing) | 28.71M | 41.15M | 19.14M | -980K | 7.05M | 5.11M | 15.15M | 5.73M | -1.86M | -28.29M | -29.62M | -8.4M | -8.09M | -3.84M | -8.72M | -9.53M | -14.46M | -10.53M | -14.13M | -9.04M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.35 | 0.50 | 0.24 | -0.01 | 0.09 | 0.06 | 0.19 | 0.07 | -0.02 | -0.39 | -0.41 | -0.12 | -0.11 | -0.05 | -0.12 | -0.13 | -0.20 | -0.15 | -0.20 | -0.13 |
| EPS Growth % | 297.73% | 733.33% | 26.32% | -117.86% | 540% | 115.38% | 146.34% | 158.33% | 81.82% | -680% | -241.67% | 7.69% | 45% | 66.67% | 40% | 0% | 69.7% | -7.14% | -150% | 40.91% |
| EPS (Basic) | 0.36 | 0.52 | 0.24 | -0.01 | 0.09 | 0.07 | 0.20 | 0.07 | -0.02 | -0.39 | -0.41 | -0.12 | -0.11 | -0.05 | -0.12 | -0.13 | -0.20 | -0.15 | -0.20 | -0.13 |
| Diluted Shares Outstanding | 81.31M | 81.39M | 79.69M | 79.91M | 80.06M | 79.91M | 78.47M | 77.16M | 74.76M | 73.11M | 72.8M | 72.48M | 72.18M | 71.83M | 71.66M | 71.48M | 71.23M | 71.06M | 69.74M | 67.32M |
| Basic Shares Outstanding | 79.54M | 79.18M | 78.73M | 78.21M | 78.03M | 77.61M | 77.01M | 76.54M | 74.76M | 73.11M | 72.8M | 72.48M | 72.18M | 71.83M | 71.66M | 71.48M | 71.23M | 71.06M | 69.74M | 67.32M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |