Veracyte (VCYT) Net Margin (2012 - 2026)
Veracyte's Net Margin was 16.96% in Q2 2026, up 17.71 percentage points from -0.75% a year earlier but down 3.68 percentage points from the prior quarter.
Veracyte (VCYT) Net Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Veracyte's Net Margin was 20.37% through Jun 30, 2026, up 14.88 percentage points year-over-year; for FY2025, it came in at 12.83%, up 7.42 percentage points from FY2024.
- Net Margin shows a five-year change of +42.54 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 5.41% in FY2024 (+26.02 pp), -20.61% in FY2023 (-8.28 pp), -12.33% in FY2022 (+22.09 pp) and -34.42% in FY2021 (-4.71 pp).
- Quarterly Net Margin has moved between -32.87% (Q3 2023) and 29.26% (Q4 2025) over five years.
- Compared with a year earlier, Net Margin has increased for four straight quarters, with an average year-over-year change of +17.50 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q1 2022 (a gain of 92.74 percentage points); the worst was Q4 2023 (a drop of 24.02 percentage points).
- Per Business Quant data, VCYT's Net Margin in the three quarters before Q2 2026 was 20.64% (Q1 2026), 29.26% (Q4 2025) and 14.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | 7.96% |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -7.55% |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 6.90% |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 10.07% |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 17.76% |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -34.45% |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | -3.61% |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 2.38% |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | 9.31% |
| 10 | Veracyte | 2.03 Bn | 786.49 Mn | 108.55 Mn | 16.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.96% |
| Mar 31, 2026 | 20.64% |
| Dec 31, 2025 | 29.26% |
| Sep 30, 2025 | 14.51% |
| Jun 30, 2025 | -0.75% |
| 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 | -28.81% |
| Sep 30, 2023 | -32.87% |
| Jun 30, 2023 | -9.30% |
| Mar 31, 2023 | -9.82% |
| Dec 31, 2022 | -4.79% |
| Sep 30, 2022 | -11.54% |
| Jun 30, 2022 | -13.08% |
| Mar 31, 2022 | -21.33% |
| Dec 31, 2021 | -15.64% |
| Sep 30, 2021 | -23.40% |
Veracyte Net 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=net-margin&ticker=VCYT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=VCYT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();