Veracyte Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	495.14	445.76	361.05	296.54	219.51	117.48
Revenue Growth (YoY)	16.41%	23.46%	21.76%	35.09%	86.85%	-2.40%
Cost of Revenue	145.54	136.07	112.9	101.58	74.4	40.37
Gross Profit	349.6	309.7	248.15	194.95	145.11	77.12
Selling, General & Admin	215.58	198.78	193.1	170.61	180.38	87.61
Research & Development	69.26	69.29	57.31	40.6	29.84	17.2
Amortization of Goodwill & Intangibles	13.43	14.85	20.57	21.35	15.98	5.1
Operating Expenses	298.27	282.92	270.98	232.56	226.21	109.91
Operating Income	51.33	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	12.04	11.15	7.34	1.97	0.14	0.59
Currency Exchange Gain (Loss)	1.26	-2.05	0.72	0.2	-1.08	0.06
Other Non Operating Income (Expenses)	-0.34	0.5	1.13	2.68	1.44	0.06
EBT Excluding Unusual Items	64.29	36.38	-13.65	-32.96	-80.84	-32.32
Merger & Restructuring Charges	-5.1	-5.1	-	-	-	-
Asset Writedown	-23.26	-3.37	-68.35	-3.32	-	-1.09
Other Unusual Items	1.79	-2.17	5.38	-0.15	-0.81	-1.51
Pretax Income	31.01	25.74	-76.61	-36.43	-81.65	-34.91
Income Tax Expense	0.69	1.61	-2.21	0.13	-6.09	-
Net Income	30.32	24.14	-74.4	-36.56	-75.56	-34.91
Net Income to Common	30.32	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)	6.32%	7.60%	1.53%	5.39%	27.52%	15.39%
EPS (Basic)	0.39	0.32	-1.02	-0.51	-1.11	-0.66
EPS (Diluted)	0.38	0.31	-1.02	-0.51	-1.11	-0.66
Free Cash Flow	98.21	63.81	34.26	-1.01	-37	-12.55
Free Cash Flow Per Share	1.23	0.82	0.47	-0.01	-0.55	-0.24
Gross Margin	70.61%	69.48%	68.73%	65.74%	66.11%	65.64%
Operating Margin	10.37%	6.01%	-6.32%	-12.68%	-36.94%	-27.91%
Profit Margin	6.12%	5.42%	-20.61%	-12.33%	-34.42%	-29.71%
Free Cash Flow Margin	19.84%	14.31%	9.49%	-0.34%	-16.85%	-10.68%
EBITDA	73.7	50.24	4.36	-11.68	-61.5	-24.85
EBITDA Margin	14.88%	11.27%	1.21%	-3.94%	-28.02%	-21.15%
D&A For EBITDA	22.37	23.46	27.19	25.93	19.59	7.94
EBIT	51.33	26.78	-22.83	-37.61	-81.09	-32.8
EBIT Margin	10.37%	6.01%	-6.32%	-12.68%	-36.94%	-27.91%
Effective Tax Rate	2.23%	6.24%	-	-	-	-
Revenue as Reported	495.14	445.76	361.05	296.54	219.51	117.48

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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