VERACYTE, INC.
Business
Veracyte is a global diagnostics company that develops and commercializes molecular diagnostic tests to guide cancer care decisions. The company offers laboratory-developed tests (LDTs) in the U.S. through CLIA-certified labs for prostate, thyroid, bladder, and breast cancers, and distributes in vitro diagnostic (IVD) tests internationally through laboratories and hospitals. Veracyte serves patients across the cancer care continuum using whole-transcriptome and whole-genome analysis, with revenue primarily from Decipher Prostate and Afirma tests, and growth drivers including the MRD platform TrueMRD and expanded global IVD distribution.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 517 | 446 | 361 | 297 | 220 | |
| Intangible asset amortization - cost of revenue | 11 | 12 | 18 | 19 | — | |
| Total cost of revenue | 155 | 148 | 131 | 121 | — | |
| Gross profit | 363 | 298 | 230 | 176 | — | |
| Research and development | 71 | 69 | 57 | 41 | 30 | |
| Selling and marketing | 100 | 95 | 101 | 98 | 80 | |
| General and administrative | 111 | 111 | 86 | 73 | 101 | |
| Impairment of assets | 21 | 3 | 68 | 3 | 0 | |
| Total operating expenses | 305 | 282 | 315 | 217 | 301 | |
| Income (loss) from operations | 58 | 16 | −86 | −41 | −82 | |
| Other income, net | 10 | 10 | 9 | 5 | 254,000 | |
| Income (loss) before income taxes | 68 | 26 | −77 | −36 | −82 | |
| Income tax provision (benefit) | 2 | 2 | −2 | 100,000 | −6 | |
| Net income (loss) | 66 | 24 | −74 | −37 | −76 | |
| Basic (in USD per share) | 0.84 | 0.32 | −1.02 | −0.51 | −1.11 | |
| Diluted (in USD per share) | 0.82 | 0.31 | −1.02 | −0.51 | −1.11 | |
| Basic (in shares) | 79 | 76 | 73 | 72 | 68 | |
| Diluted (in shares) | 81 | 78 | 73 | 72 | 68 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 363 | 239 | 216 | 154 | 173 | |
| Short-term investments | 50 | 50 | 0 | 25 | — | |
| Accounts receivable | 45 | 47 | 40 | 44 | 41 | |
| Supplies and inventory | 21 | 22 | 16 | 14 | 11 | |
| Prepaid expenses and other current assets | 10 | 15 | 13 | 11 | 13 | |
| Total current assets | 488 | 372 | 286 | 249 | 243 | |
| Property, plant and equipment, net | 22 | 23 | 21 | 18 | 15 | |
| Right-of-use assets, operating leases | 37 | 48 | 10 | 13 | 16 | |
| Intangible assets, net | 89 | 102 | 89 | 175 | 203 | |
| Goodwill | 767 | 746 | 703 | 696 | 708 | |
| Restricted cash | 2 | 2 | — | — | — | |
| Other assets | 902,000 | 7 | 6 | 5 | 2 | |
| Total assets | 1,406 | 1,300 | 1,115 | 1,156 | 1,188 | |
| Accounts payable | 5 | 9 | 13 | 12 | 12 | |
| Accrued liabilities | 49 | 44 | 38 | 38 | 39 | |
| Current portion of deferred revenue | 1 | 2 | 2 | 3 | 5 | |
| Current portion of acquisition-related contingent consideration | 1 | 17 | 3 | 6 | 3 | |
| Current portion of operating lease liabilities | 4 | 8 | 5 | 4 | 4 | |
| Current portion of other liabilities | 0 | 19,000 | 101,000 | 186,000 | 231,000 | |
| Total current liabilities | 60 | 79 | 61 | 63 | 64 | |
| Deferred tax liability | 646,000 | 1 | 734,000 | 5 | 6 | |
| Acquisition-related contingent consideration, net of current portion | 257,000 | 561,000 | 518,000 | 2 | 6 | |
| Operating lease liabilities, net of current portion | 36 | 43 | 8 | 11 | 14 | |
| Other liabilities | 0 | 411,000 | 786,000 | 931,000 | 1 | |
| Total liabilities | 96 | 124 | 71 | 81 | 91 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred stock, $0.001 par value; 5,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value; 125,000,000 shares authorized, 79,359,005 and 77,772,678 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 79,000 | 78,000 | 73,000 | 72,000 | 71,000 | |
| Additional paid-in capital | 1,695 | 1,656 | 1,536 | 1,500 | 1,469 | |
| Accumulated deficit | −378 | −444 | −468 | −394 | −357 | |
| Accumulated other comprehensive loss | −8 | −36 | −24 | −31 | −15 | |
| Total stockholders' equity | 1,310 | 1,176 | 1,044 | 1,075 | 1,097 | |
| Total liabilities and stockholders' equity | 1,406 | 1,300 | 1,115 | 1,156 | 1,188 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 21 | 23 | 27 | 26 | 20 | |
| Loss on disposal of property, plant and equipment | 15,000 | 202,000 | 271,000 | 206,000 | 0 | |
| Stock-based compensation | 44 | 36 | 33 | 27 | 23 | |
| Deferred income taxes | −581,000 | −233,000 | −4 | 133,000 | −6 | |
| Non-cash lease expense | 3 | 5 | 4 | 3 | 2 | |
| Revaluation of acquisition-related contingent consideration | −15 | 2 | −5 | 154,000 | 810,000 | |
| Amortization of discount on short-term investments | −3 | −354,000 | −468,000 | — | — | |
| Non-cash loss on deconsolidation of subsidiary | 7 | 0 | 0 | — | — | |
| Effect of foreign currency on operations | −4 | 2 | −1 | 522,000 | 1 | |
| Accounts receivable | −708,000 | −6 | 4 | −4 | −9 | |
| Supplies and inventory | −3 | −6 | −2 | −3 | −1 | |
| Prepaid expenses and other current assets | −2 | −1 | −458,000 | 1 | −3 | |
| Other assets | 525,000 | −1 | −290,000 | −3 | −216,000 | |
| Operating lease liability | −2 | −5 | −4 | −3 | −2 | |
| Accounts payable | −1 | −4 | −134,000 | 152,000 | 5 | |
| Accrued liabilities and deferred revenue | 6 | 4 | −676,000 | −4 | 14 | |
| Net cash provided by operating activities | 136 | 75 | 44 | 8 | −32 | |
| Purchase of short-term investments | −150 | −50 | −20 | −34 | 0 | |
| Proceeds from sale of short-term investments | 0 | 0 | 40 | 0 | 0 | |
| Proceeds from maturity of short-term investments | 153 | 0 | 5 | 13 | 0 | |
| Loss on deconsolidation of subsidiary - cash | −3 | 0 | 0 | — | — | |
| Acquisition of C2i, net of cash acquired | 0 | 5 | 0 | 0 | −574 | |
| Purchases of property, plant and equipment | −10 | −11 | −10 | −9 | −5 | |
| Net cash (used in) provided by investing activities | −9 | −56 | 15 | −29 | −739 | |
| Payment of contingent consideration for acquisition | 0 | −5 | 0 | 0 | — | |
| Payment of taxes on vested restricted stock units | −18 | −11 | −7 | −3 | −9 | |
| Proceeds from the exercise of common stock options and employee stock purchases | 14 | 20 | 10 | 8 | 12 | |
| Net cash (used in) provided by financing activities | −4 | 5 | 3 | 3 | 596 | |
| Increase in cash, cash equivalents and restricted cash | 123 | 24 | 62 | −18 | −175 | |
| Effect of foreign currency on cash, cash equivalents and restricted cash | 719,000 | −424,000 | 163,000 | −592,000 | −2 | |
| Net increase in cash, cash equivalents and restricted cash | 124 | 23 | 62 | −19 | −176 | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | 2 | 1 | 966,000 | 0 | 392,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is VERACYTE, INC.'s CIK number?
VERACYTE, INC.'s SEC CIK number is 0001384101 (1384101). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find VERACYTE, INC.'s SEC filings?
All of VERACYTE, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did VERACYTE, INC. last report earnings?
VERACYTE, INC. (VCYT) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001384101-26-000029). This is VERACYTE, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is VERACYTE, INC.'s most recent earnings 8-K?
VERACYTE, INC.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001384101-26-000029. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View VERACYTE, INC.'s latest earnings 8-K →
Look up any company's CIK number →