Veracyte (VCYT) Operating Margin (2012 - 2026)
Veracyte's Operating Margin was 15.29% in Q2 2026, up 19.33 percentage points from -4.05% a year earlier but down 1.00 percentage points from the prior quarter.
Veracyte (VCYT) Operating Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Veracyte's Operating Margin was 18.82% through Jun 30, 2026, up 15.94 percentage points year-over-year; for FY2025, it was 11.17%, up 7.55 percentage points from FY2024.
- Operating Margin shows a five-year change of +41.29 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 3.62% in FY2024 (+27.38 pp), -23.76% in FY2023 (-9.91 pp), -13.85% in FY2022 (+23.46 pp) and -37.31% in FY2021 (-7.19 pp).
- Quarterly Operating Margin has moved between -36.16% (Q4 2023) and 26.45% (Q4 2025) over five years.
- Compared with a year earlier, Operating Margin has increased for four straight quarters, with an average year-over-year change of +18.45 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q1 2022 (a gain of 101.24 percentage points); the worst was Q4 2023 (a drop of 29.41 percentage points).
- Per Business Quant data, VCYT's Operating Margin in the three quarters before Q2 2026 was 16.28% (Q1 2026), 26.45% (Q4 2025) and 17.40% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.20 Bn | 104.30 Bn | - | - |
| 2 | Natera | 46.17 Bn | 41.80 Bn | 513.47 Mn | -8.60% |
| 3 | Labcorp Holdings | 29.69 Bn | 27.77 Bn | 1.11 Bn | 10.55% |
| 4 | Quest Diagnostics | 28.14 Bn | 25.91 Bn | 1.04 Bn | 15.47% |
| 5 | Tenet Healthcare | 23.04 Bn | 12.35 Bn | - | 31.08% |
| 6 | Guardant Health | 21.32 Bn | 16.94 Bn | 236.15 Mn | -36.78% |
| 7 | Tempus AI | 14.79 Bn | 11.95 Bn | 266.70 Mn | -13.82% |
| 8 | BrightSpring Health Services | 14.35 Bn | 12.11 Bn | 518.55 Mn | 3.81% |
| 9 | Encompass Health | 13.83 Bn | 13.46 Bn | - | - |
| 10 | Veracyte | 2.03 Bn | 786.49 Mn | 108.55 Mn | 15.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.29% |
| Mar 31, 2026 | 16.28% |
| Dec 31, 2025 | 26.45% |
| Sep 30, 2025 | 17.40% |
| Jun 30, 2025 | -4.05% |
| Mar 31, 2025 | 2.54% |
| Dec 31, 2024 | 3.52% |
| Sep 30, 2024 | 10.37% |
| Jun 30, 2024 | 4.03% |
| Mar 31, 2024 | -4.81% |
| Dec 31, 2023 | -36.16% |
| Sep 30, 2023 | -35.22% |
| Jun 30, 2023 | -8.91% |
| Mar 31, 2023 | -12.74% |
| Dec 31, 2022 | -6.75% |
| Sep 30, 2022 | -12.81% |
| Jun 30, 2022 | -14.73% |
| Mar 31, 2022 | -22.50% |
| Dec 31, 2021 | -18.32% |
| Sep 30, 2021 | -27.63% |
Veracyte Operating 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=operating-margin&ticker=VCYT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=VCYT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();