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 213.88 Bn 209.81 Bn 8.34 Bn -208.00 Mn
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn -
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 6.54 Mn
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 32.00 Mn
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn -36.00 Mn
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn -
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn -21.00 Mn
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 1.82 Mn
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn -2.00 Mn
10 Veracyte 3.69 Bn 3.39 Bn 108.55 Mn -

Historic Data

Download Data
DateValue
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