Veracyte, Inc. (VCYT)

Veracyte Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	479.13	445.76	361.05	296.54	219.51	117.48
Revenue Growth (YoY)	19.91%	23.46%	21.76%	35.09%	86.85%	-2.40%
Cost of Revenue	141.11	136.07	112.9	101.58	74.4	40.37
Gross Profit	338.02	309.7	248.15	194.95	145.11	77.12
Selling, General & Admin	212.48	198.78	193.1	170.61	180.38	87.61
Research & Development	70.85	69.29	57.31	40.6	29.84	17.2
Amortization of Goodwill & Intangibles	13.9	14.85	20.57	21.35	15.98	5.1
Operating Expenses	297.22	282.92	270.98	232.56	226.21	109.91
Operating Income	40.8	26.78	-22.83	-37.61	-81.09	-32.8
Interest Expense	-0	-0	-0.02	-0.2	-0.24	-0.23
Interest & Investment Income	11.46	11.15	7.34	1.97	0.14	0.59
Currency Exchange Gain (Loss)	3.58	-2.05	0.72	0.2	-1.08	0.06
Other Non Operating Income (Expenses)	0.1	0.5	1.13	2.68	1.44	0.06
EBT Excluding Unusual Items	55.94	36.38	-13.65	-32.96	-80.84	-32.32
Merger & Restructuring Charges	-5.1	-5.1	-	-	-	-
Asset Writedown	-23.44	-3.37	-68.35	-3.32	-	-1.09
Other Unusual Items	1.58	-2.17	5.38	-0.15	-0.81	-1.51
Pretax Income	28.97	25.74	-76.61	-36.43	-81.65	-34.91
Income Tax Expense	2.63	1.61	-2.21	0.13	-6.09	-
Net Income	26.34	24.14	-74.4	-36.56	-75.56	-34.91
Net Income to Common	26.34	24.14	-74.4	-36.56	-75.56	-34.91
Shares Outstanding (Basic)	78	76	73	72	68	53
Shares Outstanding (Diluted)	80	78	73	72	68	53
Shares Change (YoY)	7.42%	7.60%	1.53%	5.39%	27.52%	15.39%
EPS (Basic)	0.34	0.32	-1.02	-0.51	-1.11	-0.66
EPS (Diluted)	0.34	0.31	-1.02	-0.51	-1.11	-0.66
Free Cash Flow	83.97	63.81	34.26	-1.01	-37	-12.55
Free Cash Flow Per Share	1.05	0.82	0.47	-0.01	-0.55	-0.24
Gross Margin	70.55%	69.48%	68.73%	65.74%	66.11%	65.64%
Operating Margin	8.52%	6.01%	-6.32%	-12.68%	-36.94%	-27.91%
Profit Margin	5.50%	5.42%	-20.61%	-12.33%	-34.42%	-29.71%
Free Cash Flow Margin	17.52%	14.31%	9.49%	-0.34%	-16.85%	-10.68%
EBITDA	63.78	50.24	4.36	-11.68	-61.5	-24.85
EBITDA Margin	13.31%	11.27%	1.21%	-3.94%	-28.02%	-21.15%
D&A For EBITDA	22.98	23.46	27.19	25.93	19.59	7.94
EBIT	40.8	26.78	-22.83	-37.61	-81.09	-32.8
EBIT Margin	8.52%	6.01%	-6.32%	-12.68%	-36.94%	-27.91%
Effective Tax Rate	9.09%	6.24%	-	-	-	-
Revenue as Reported	479.13	445.76	361.05	296.54	219.51	117.48

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q