Veracyte (VCYT) Gross Margin (2012 - 2026)
Veracyte (VCYT) posted Gross Margin of 72.74% for Q1 2026, little changed sequentially from 72.51% in Q4 2025, and up 328.0% YoY from 17.0% in Q1 2025.
Veracyte (VCYT) Gross Margin (2012 - 2026) Analysis & Trends
Veracyte (VCYT) has 15 years of Gross Margin data on file, last reported at 72.74% in Q1 2026.
- Quarterly Gross Margin rose 328.0% year-over-year to 72.74% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 70.92% (up 290.0% YoY) and the FY2025 annual result came in at 70.1%, up 322.0% from the prior year.
- Gross Margin steadied at 72.74% in Q1 2026 per VCYT's latest filing, from 72.51% in the prior quarter.
- The five-year high for Gross Margin was 72.74% in Q1 2026, with the low at 61.8% in Q2 2023.
- Average Gross Margin over 5 years is 67.54%, with a median of 68.09% recorded in 2024.
- Year-over-year, Gross Margin surged 936 bps in 2022 and tumbled 526 bps in 2023.
- Veracyte's Gross Margin stood at 69.95% in 2022, then retreated by 6 bps to 65.98% in 2023, then increased by 1 bps to 66.39% in 2024, then increased by 9 bps to 72.51% in 2025, then climbed by 0 bps to 72.74% in 2026.
- Business Quant data shows VCYT's Gross Margin at 72.74% in Q1 2026, 72.51% in Q4 2025, and 69.22% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | Veracyte | 4.76 Bn | 4.50 Bn | 101.16 Mn | 72.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.74% |
| Dec 31, 2025 | 72.51% |
| Sep 30, 2025 | 69.22% |
| Jun 30, 2025 | 68.97% |
| Mar 31, 2025 | 69.46% |
| Dec 31, 2024 | 66.39% |
| Sep 30, 2024 | 68.19% |
| Jun 30, 2024 | 68.09% |
| Mar 31, 2024 | 64.50% |
| Dec 31, 2023 | 65.98% |
| Sep 30, 2023 | 64.02% |
| Jun 30, 2023 | 61.80% |
| Mar 31, 2023 | 68.30% |
| Dec 31, 2022 | 69.95% |
| Sep 30, 2022 | 66.03% |
| Jun 30, 2022 | 67.06% |
| Mar 31, 2022 | 64.96% |
| Dec 31, 2021 | 67.01% |
| Sep 30, 2021 | 64.10% |
| Jun 30, 2021 | 64.32% |