Veracyte (VCYT) Net Margin (2012 - 2026)
Veracyte's (VCYT) quarterly Net Margin came in at 20.62% in Q1 2026, up 1446.0% year-on-year from 1.33% in Q1 2025, and down 29.53% quarter-over-quarter from 29.26% in Q4 2025.
Veracyte (VCYT) Net Margin (2012 - 2026) Analysis & Trends
Veracyte has disclosed Net Margin across 15 years of filings, most recently posting 20.62% for Q1 2026.
- Net Margin for Q1 2026 came in at 20.62%, up 1446.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.25% (up 911.0% YoY), and the FY2025 annual result was 12.83%, up 742.0% from the prior year.
- Net Margin came in at 20.62% for Q1 2026 at Veracyte, down from 29.26% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 29.26% in Q4 2025 to a low of 32.82% in Q3 2023.
- The 5-year median for Net Margin is 1.92% (2024), against an average of 2.42%.
- Across the five-year window, Net Margin jumped 9272 bps in 2022 and tumbled 2405 bps in 2023, its largest moves.
- Veracyte's Net Margin stood at 4.75% in 2022, then slumped by 506 bps to 28.8% in 2023, then soared by 115 bps to 4.31% in 2024, then soared by 579 bps to 29.26% in 2025, then dropped by 30 bps to 20.62% in 2026.
- The last three Net Margin figures came in at 20.62% (Q1 2026), 29.26% (Q4 2025), and 14.51% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 24.41% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 18.47% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | -12.22% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 3.40% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 17.89% |
| 10 | Veracyte | 3.91 Bn | 3.65 Bn | 101.16 Mn | 20.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.62% |
| Dec 31, 2025 | 29.26% |
| Sep 30, 2025 | 14.51% |
| Jun 30, 2025 | -0.73% |
| Mar 31, 2025 | 6.16% |
| Dec 31, 2024 | 4.31% |
| Sep 30, 2024 | 13.08% |
| Jun 30, 2024 | 5.01% |
| Mar 31, 2024 | -1.92% |
| Dec 31, 2023 | -28.80% |
| Sep 30, 2023 | -32.82% |
| Jun 30, 2023 | -9.30% |
| Mar 31, 2023 | -9.82% |
| Dec 31, 2022 | -4.75% |
| Sep 30, 2022 | -11.54% |
| Jun 30, 2022 | -13.10% |
| Mar 31, 2022 | -21.33% |
| Dec 31, 2021 | -15.57% |
| Sep 30, 2021 | -23.40% |
| Jun 30, 2021 | -16.40% |