Veracyte (VCYT) Gross Margin (2012 - 2026)

Veracyte's (VCYT) quarterly Gross Margin came in at 72.74% in Q1 2026, up 328.0% year-on-year from 17.0% in Q1 2025, and little changed quarter-over-quarter from 72.51% in Q4 2025.

Veracyte (VCYT) Gross Margin (2012 - 2026) Analysis & Trends

Veracyte has disclosed Gross Margin across 15 years of filings, most recently posting 72.74% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 72.74%, up 328.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 70.92% (up 290.0% YoY), and the FY2025 annual result was 70.1%, up 322.0% from the prior year.
  • Gross Margin came in at 72.74% for Q1 2026 at Veracyte, roughly flat from 72.51% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 72.74% in Q1 2026 to a low of 61.8% in Q2 2023.
  • The 5-year median for Gross Margin is 68.09% (2024), against an average of 67.54%.
  • Across the five-year window, Gross Margin jumped 936 bps in 2022 and sank 526 bps in 2023, its largest moves.
  • Veracyte's Gross Margin stood at 69.95% in 2022, then dropped by 6 bps to 65.98% in 2023, then advanced by 1 bps to 66.39% in 2024, then advanced by 9 bps to 72.51% in 2025, then rose by 0 bps to 72.74% in 2026.
  • The last three Gross Margin figures came in at 72.74% (Q1 2026), 72.51% (Q4 2025), and 69.22% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 70.37%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 63.35%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 53.95%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 99.91%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 32.64%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 58.68%
10 Veracyte 3.91 Bn 3.65 Bn 101.16 Mn 72.74%

Historic Data

Download Data
DateValue
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%