Veracyte Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	541.74	517.15	445.76	361.05	296.54	219.51
Revenue Growth (YoY)	16.91%	16.01%	23.46%	21.76%	35.09%	86.85%
Cost of Revenue	157.56	154.61	147.62	131.37	120.86	74.4
Gross Profit	384.18	362.53	298.15	229.68	175.68	145.11
Selling, General & Admin	203.52	210.95	206.04	187.72	170.76	181.19
Depreciation & Amortization Expenses	2.44	2.49	3.3	2.11	2.08	15.98
Research & Development	80.19	70.81	69.29	57.31	40.6	29.84
Other Operating Expenses	20.51	20.51	3.37	68.35	3.32	-
Total Operating Expenses	306.66	304.76	282	315.48	216.76	227.02
Operating Income	77.52	57.78	16.14	-85.8	-41.08	-81.9
Total Non-Operating Income (Expense)	13.23	10.42	9.6	9.18	4.65	0.25
Pretax Income	90.75	68.2	25.74	-76.61	-36.43	-81.65
Provision for Income Taxes	2.73	1.85	1.61	-2.21	0.13	-6.09
Net Income	88.01	66.35	24.14	-74.4	-36.56	-75.56
Net Income to Common	88.01	66.35	24.14	-74.4	-36.56	-75.56
Net Income Growth	166.31%	174.89%	-	-	-	-
Shares Outstanding (Basic)	79	79	76	73	72	68
Shares Outstanding (Diluted)	80	81	78	73	72	68
Shares Change (YoY)	1.65%	3.08%	7.60%	1.53%	5.39%	27.52%
EPS (Basic)	1.11	0.84	0.32	-1.02	-0.51	-1.11
EPS (Diluted)	1.09	0.82	0.31	-1.02	-0.51	-1.11
EPS Growth	165.85%	164.52%	-	-	-	-
Shares Outstanding	79.79	79.36	77.77	73.27	71.96	71.12
Free Cash Flow	155.34	126.63	63.81	34.26	-1.01	-37
Free Cash Flow Growth	22.67%	98.45%	86.24%	-	-	-
Free Cash Flow Per Share	1.94	1.57	0.82	0.47	-0.01	-0.54
Gross Margin	70.92%	70.10%	66.88%	63.62%	59.24%	66.11%
Operating Margin	14.31%	11.17%	3.62%	-23.76%	-13.85%	-37.31%
Profit Margin	16.25%	12.83%	5.41%	-20.61%	-12.33%	-34.42%
FCF Margin	28.67%	24.49%	14.31%	9.49%	-0.34%	-16.85%
EBITDA	99	79.19	39.6	-58.61	-15.15	-62.31
EBITDA Margin	18.27%	15.31%	8.88%	-16.23%	-5.11%	-28.39%
EBIT	77.52	57.78	16.14	-85.8	-41.08	-81.9
EBIT Margin	14.31%	11.17%	3.62%	-23.76%	-13.85%	-37.31%
Effective Tax Rate	3.01%	2.71%	6.24%	2.88%	-0.37%	7.45%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q