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
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%