Veracyte (VCYT) Tax Rate (2021 - 2026)
Veracyte (VCYT) posted quarterly Tax Rate of 3.89% for Q2 2026, down 17451.0% year-over-year from N/an in Q2 2025, and down 10.2% on a QoQ basis from 4.34% in Q1 2026.
Veracyte (VCYT) Tax Rate (2021 - 2026) Analysis & Trends
Veracyte has reported Tax Rate for 6 years, with the latest figure at 3.89% in Q2 2026.
- Tax Rate for Q2 2026 came in at 3.89%, down 17451.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 1.32% (down 778.0% YoY), and the FY2025 annual result was 2.71%, down 353.0% from the prior year.
- Tax Rate eased to 3.89% in Q2 2026, from 4.34% in the prior quarter.
- Over five years, Tax Rate peaked at 178.4% in Q2 2025 and troughed at 49.2% in Q4 2024.
- A 5-year average of 10.11% and a median of 2.25% in 2022 frame the typical range for Tax Rate.
- The widest annual swing landed in 2025, when Tax Rate surged 15630 bps; it then sank 17451 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 12.58% in 2022, then soared by 157 bps to 7.15% in 2023, then sank by 788 bps to 49.2% in 2024, then jumped by 97 bps to 1.36% in 2025, then jumped by 387 bps to 3.89% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 3.89% in Q2 2026, 4.34% in Q1 2026, and 1.36% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 19.29% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 0.45% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 19.93% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 18.89% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 19.52% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 22.59% |
| 10 | Veracyte | 3.62 Bn | 3.32 Bn | 108.55 Mn | 3.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.89 |
| Jun 30, 2026 | 3.89 |
| Jun 30, 2026 | 3.89 |
| Mar 31, 2026 | 4.34 |
| Mar 31, 2026 | 4.34 |
| Mar 31, 2026 | 4.34 |
| Dec 31, 2025 | -1.36 |
| Dec 31, 2025 | -1.36 |
| Dec 31, 2025 | -1.36 |
| Sep 30, 2025 | -1.31 |
| Sep 30, 2025 | -1.31 |
| Sep 30, 2025 | -1.31 |
| Jun 30, 2025 | 178.40 |
| Jun 30, 2025 | 178.40 |
| Jun 30, 2025 | 178.40 |
| Mar 31, 2025 | 5.39 |
| Mar 31, 2025 | 5.39 |
| Mar 31, 2025 | 5.39 |
| Dec 31, 2024 | -49.20 |
| Dec 31, 2024 | -49.20 |