Veracyte (VCYT) Gross Margin (2012 - 2026)
Veracyte (VCYT) recorded Gross Margin of 72.21% in Q2 2026, up 3.25 percentage points from 68.97% a year earlier but down 0.53 percentage points from the prior quarter.
Veracyte (VCYT) Gross Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Veracyte's Gross Margin came in at 71.71% as of Jun 30, 2026, up 3.46 percentage points year-over-year; for FY2025, it was 70.10%, up 3.22 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +5.39 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 66.88% in FY2024 (+3.27 pp), 63.62% in FY2023 (+4.37 pp), 59.24% in FY2022 (-6.86 pp) and 66.11% in FY2021 (+1.39 pp).
- Quarterly Gross Margin has ranged from 42.58% in Q4 2022 to 72.74% in Q1 2026 over the past five years.
- On a year-over-year basis, Gross Margin has increased for nine consecutive quarters, with an average year-over-year change of +3.01 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 23.39 percentage points in Q4 2023, against a drop of 23.44 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 72.74% (Q1 2026), 72.51% (Q4 2025) and 69.22% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - | - |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn | 29.80% |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - | - |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn | 65.39% |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn | 12.72% |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn | 26.95% |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn | 64.45% |
| 10 | Veracyte | 3.70 Bn | 2.46 Bn | 108.55 Mn | 72.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 72.21% |
| 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 | 68.18% |
| Dec 31, 2022 | 42.58% |
| Sep 30, 2022 | 65.59% |
| Jun 30, 2022 | 65.65% |
| Mar 31, 2022 | 65.02% |
| Dec 31, 2021 | 66.02% |
| Sep 30, 2021 | 64.15% |
Veracyte Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VCYT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VCYT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VCYT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();