Veracyte (VCYT) Tax Rate (2021 - 2026)
Veracyte's (VCYT) quarterly Tax Rate came in at 4.34% in Q1 2026, down 79.0% year-on-year from 20.65% in Q1 2025, and up 442.19% quarter-over-quarter from 1.27% in Q4 2025.
Veracyte (VCYT) Tax Rate (2021 - 2026) Analysis & Trends
Veracyte has disclosed Tax Rate across 6 years of filings, most recently posting 4.34% for Q1 2026.
- Tax Rate for Q1 2026 came in at 4.34%, down 79.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.02% (down 277.0% YoY), and the FY2025 annual result was 2.71%, down 353.0% from the prior year.
- Tax Rate came in at 4.34% for Q1 2026 at Veracyte, up from 1.27% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 176.0% in Q2 2025 to a low of 48.5% in Q4 2024.
- The 5-year median for Tax Rate is 1.37% (2022), against an average of 10.38%.
- Across the five-year window, Tax Rate tumbled 5566 bps in 2024 and jumped 15390 bps in 2025, its largest moves.
- Veracyte's Tax Rate stood at 11.8% in 2022, then soared by 161 bps to 7.15% in 2023, then sank 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.
- The last three Tax Rate figures came in at 4.34% (Q1 2026), 1.27% (Q4 2025), and 1.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 16.91% |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | -0.35% |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 17.99% |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 19.17% |
| 10 | Veracyte | 3.91 Bn | 3.65 Bn | 101.16 Mn | 4.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |