Veracyte (VCYT) Tax Provisions (2021 - 2026)
Veracyte (VCYT) posted quarterly Tax Provisions of $1.0 million for Q2 2026, down 53.68% year-over-year from $2.2 million in Q2 2025, and down 20.54% on a QoQ basis from $1.3 million in Q1 2026.
Veracyte (VCYT) Tax Provisions (2021 - 2026) Analysis & Trends
Veracyte has reported Tax Provisions for 6 years, with the latest figure at $1.0 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $1.0 million, down 53.68% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.5 million (down 41.84% YoY), and the FY2025 annual result was $1.8 million, up 15.07% from the prior year.
- Tax Provisions retreated to $1.0 million in Q2 2026, from $1.3 million in the prior quarter.
- Over five years, Tax Provisions peaked at $2.2 million in Q2 2025 and troughed at -$2.2 million in Q4 2023.
- A 5-year average of $212529.4 and a median of -$3000.0 in 2022 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2023, when Tax Provisions tumbled 603.23%; it then surged 1201.6% in 2024.
- A 5-year view of Tax Provisions shows it stood at $433000.0 in 2022, then tumbled by 603.23% to -$2.2 million in 2023, then rose by 22.26% to -$1.7 million in 2024, then soared by 67.41% to -$552000.0 in 2025, then soared by 287.14% to $1.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $1.0 million in Q2 2026, $1.3 million in Q1 2026, and -$552000.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 167.00 Mn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 208.00 Mn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | -300,000.00 |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 69.00 Mn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 60.00 Mn |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 78.81 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 53.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 56.50 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 87.30 Mn |
| 10 | Veracyte | 3.62 Bn | 3.32 Bn | 108.55 Mn | 1.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 Mn |
| Mar 31, 2026 | 1.30 Mn |
| Dec 31, 2025 | -552,000.00 |
| Sep 30, 2025 | -248,000.00 |
| Jun 30, 2025 | 2.23 Mn |
| Mar 31, 2025 | 400,000.00 |
| Dec 31, 2024 | -1.69 Mn |
| Sep 30, 2024 | 1.70 Mn |
| Jun 30, 2024 | 1.63 Mn |
| Mar 31, 2024 | -44,000.00 |
| Dec 31, 2023 | -2.18 Mn |
| Sep 30, 2023 | -200,000.00 |
| Jun 30, 2023 | 125,000.00 |
| Dec 31, 2022 | 433,000.00 |
| Sep 30, 2022 | -200,000.00 |
| Jun 30, 2022 | -115,000.00 |
| Mar 31, 2022 | -3,000.00 |
| Dec 31, 2021 | -800,000.00 |
| Sep 30, 2021 | -1.40 Mn |
| Jun 30, 2021 | -200,000.00 |