Veracyte (VCYT) Tax Provisions (2021 - 2026)
Veracyte (VCYT) posted Tax Provisions of $1.3 million for Q1 2026, up 352.43% sequentially from -$515000.0 in Q4 2025, and up 241.21% YoY from $381000.0 in Q1 2025.
Veracyte (VCYT) Tax Provisions (2021 - 2026) Analysis & Trends
Veracyte (VCYT) has 6 years of Tax Provisions data on file, last reported at $1.3 million in Q1 2026.
- Quarterly Tax Provisions rose 241.21% year-over-year to $1.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.7 million (up 34.76% YoY) and the FY2025 annual result came in at $1.8 million, up 15.07% from the prior year.
- Tax Provisions climbed to $1.3 million in Q1 2026 per VCYT's latest filing, from -$515000.0 in the prior quarter.
- The five-year high for Tax Provisions was $2.2 million in Q2 2025, with the low at -$2.2 million in Q4 2023.
- Average Tax Provisions over 5 years is $163625.0, with a median of -$23500.0 recorded in 2022.
- Year-over-year, Tax Provisions slumped 640.69% in 2023 and soared 1201.6% in 2024.
- Veracyte's Tax Provisions stood at $403000.0 in 2022, then tumbled by 640.69% to -$2.2 million in 2023, then increased by 23.36% to -$1.7 million in 2024, then soared by 69.16% to -$515000.0 in 2025, then soared by 352.43% to $1.3 million in 2026.
- Business Quant data shows VCYT's Tax Provisions at $1.3 million in Q1 2026, -$515000.0 in Q4 2025, and -$248000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -16.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 206.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 77.00 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 300,000.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 69.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 59.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 23.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 40.20 Mn |
| 10 | Veracyte | 4.76 Bn | 4.50 Bn | 101.16 Mn | 1.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.30 Mn |
| Dec 31, 2025 | -515,000.00 |
| Sep 30, 2025 | -248,000.00 |
| Jun 30, 2025 | 2.20 Mn |
| Mar 31, 2025 | 381,000.00 |
| Dec 31, 2024 | -1.67 Mn |
| Sep 30, 2024 | 1.69 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 | 403,000.00 |
| Sep 30, 2022 | -152,000.00 |
| Jun 30, 2022 | -100,000.00 |
| Mar 31, 2022 | -3,000.00 |
| Dec 31, 2021 | -786,000.00 |
| Sep 30, 2021 | -1.35 Mn |
| Jun 30, 2021 | -152,000.00 |
| Mar 31, 2021 | -3.80 Mn |