Veracyte (VCYT) Tax Rate (2021 - 2026)

Veracyte (VCYT) posted Tax Rate of 4.34% for Q1 2026, up 442.19% sequentially from 1.27% in Q4 2025, and down 79.0% YoY from 20.65% in Q1 2025.

Veracyte (VCYT) Tax Rate (2021 - 2026) Analysis & Trends

Veracyte (VCYT) has 6 years of Tax Rate data on file, last reported at 4.34% in Q1 2026.

  • Quarterly Tax Rate fell 79.0% year-over-year to 4.34% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.02% (down 277.0% YoY) and the FY2025 annual result came in at 2.71%, down 353.0% from the prior year.
  • Tax Rate rose to 4.34% in Q1 2026 per VCYT's latest filing, from 1.27% in the prior quarter.
  • The five-year high for Tax Rate was 176.0% in Q2 2025, with the low at 48.5% in Q4 2024.
  • Average Tax Rate over 5 years is 10.38%, with a median of 1.37% recorded in 2022.
  • Year-over-year, Tax Rate sank 5566 bps in 2024 and surged 15390 bps in 2025.
  • Veracyte's Tax Rate stood at 11.8% in 2022, then soared by 161 bps to 7.15% in 2023, then slumped by 778 bps to 48.5% in 2024, then soared by 97 bps to 1.27% in 2025, then soared by 442 bps to 4.34% in 2026.
  • Business Quant data shows VCYT's Tax Rate at 4.34% in Q1 2026, 1.27% in Q4 2025, and 1.31% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Veracyte 4.76 Bn 4.50 Bn 101.16 Mn 4.34%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.34%
Mar 31, 2026 4.34%
Dec 31, 2025 -1.27%
Dec 31, 2025 -1.27%
Sep 30, 2025 -1.31%
Sep 30, 2025 -1.31%
Jun 30, 2025 176.00%
Jun 30, 2025 176.00%
Mar 31, 2025 5.13%
Mar 31, 2025 5.13%
Dec 31, 2024 -48.50%
Dec 31, 2024 -48.50%
Sep 30, 2024 10.05%
Sep 30, 2024 10.05%
Jun 30, 2024 22.10%
Jun 30, 2024 22.10%
Mar 31, 2024 2.31%
Mar 31, 2024 2.31%
Dec 31, 2023 7.15%
Dec 31, 2023 7.15%