Veracyte (VCYT) Deferred Taxes (2021 - 2023)
Veracyte (VCYT) posted quarterly Deferred Taxes of -$3.1 million for Q4 2023, down 1860.51% year-over-year from $174835.7 in Q4 2022, and down 217.98% on a QoQ basis from -$968000.0 in Q3 2023.
Veracyte (VCYT) Deferred Taxes (2021 - 2023) Analysis & Trends
Veracyte has reported Deferred Taxes for 3 years, with the latest figure at -$3.1 million in Q4 2023.
- Deferred Taxes for Q4 2023 came in at -$3.1 million, down 1860.51% year-over-year; the trailing twelve-month figure through Dec 2023 was -$3.9 million (down 818.27% YoY), and the FY2025 annual result was -$580000.0, down 152.17% from the prior year.
- Deferred Taxes fell to -$3.1 million in Q4 2023, from -$968000.0 in the prior quarter.
- Over five years, Deferred Taxes peaked at $125000.0 in Q2 2023 and troughed at -$3.8 million in Q1 2021.
- A 3-year average of -$959181.8 and a median of -$157000.0 in 2022 frame the typical range for Deferred Taxes.
- The largest YoY upside for Deferred Taxes was 208.7% in 2023 against a maximum downside of 1860.51% in 2023.
- A 3-year view of Deferred Taxes shows it stood at -$906000.0 in 2021, then soared by 82.67% to -$157000.0 in 2022, then sank by 1860.51% to -$3.1 million in 2023.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$3.1 million in Q4 2023, -$968000.0 in Q3 2023, and $125000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | -208.00 Mn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | - |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | - |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 32.00 Mn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | -36.00 Mn |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 6.54 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | -21.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 1.82 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | -24.40 Mn |
| 10 | Veracyte | 3.62 Bn | 3.32 Bn | 108.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -3.08 Mn |
| Sep 30, 2023 | -968,000.00 |
| Jun 30, 2023 | 125,000.00 |
| Dec 31, 2022 | -157,000.00 |
| Sep 30, 2022 | -152,000.00 |
| Jun 30, 2022 | -115,000.00 |
| Mar 31, 2022 | -3,000.00 |
| Dec 31, 2021 | -906,000.00 |
| Sep 30, 2021 | -1.35 Mn |
| Jun 30, 2021 | -152,000.00 |
| Mar 31, 2021 | -3.80 Mn |