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| 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% |