VCYT - Veracyte, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$45.25
DETAILS
HIGH:
$52.00
LOW:
$37.00
MEDIAN:
$46.00
CONSENSUS:
$45.25
UPSIDE:
0.49%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 517.1 | 445.8 | 361.1 | 296.5 | 219.5 | 117.5 | 120.4 | 92.0 | 72.0 | 65.1 | 49.5 | 38.2 | 21.9 | 11.6 | 2.6 |
| Cost of Revenue | 157.1 | 147.6 | 112.9 | 101.6 | 74.4 | 41.5 | 36.5 | 33.1 | 28.2 | 25.5 | 21.5 | 16.6 | 12.6 | 7.6 | 2.9 |
| Gross Profit | 360.0 | 298.1 | 248.1 | 195.0 | 145.1 | 76.0 | 83.8 | 58.9 | 43.8 | 39.6 | 28.0 | 21.6 | 9.3 | 4.0 | (0.3) |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 70.8 | 69.3 | 57.3 | 40.6 | 29.8 | 17.2 | 14.9 | 14.8 | 13.9 | 15.3 | 12.8 | 9.8 | 7.8 | 6.6 | 6.7 |
| SG&A Expenses | 210.9 | 206.0 | 184.2 | 174.1 | 181.2 | 89.1 | 82.7 | 65.3 | 55.3 | 52.0 | 47.9 | 40.8 | 24.6 | 16.4 | 8.3 |
| Other Expenses | 4.1 | 6.7 | 92.4 | 21.4 | 16.0 | 5.1 | 1.4 | 1.2 | 0.5 | 0.2 | 0.1 | 0.1 | 0 | 0 | 0 |
| Operating Expenses | 285.9 | 282.0 | 333.9 | 236.0 | 227.0 | 111.4 | 99.0 | 81.2 | 70.3 | 68.4 | 61.5 | 50.6 | 32.5 | 23.0 | 15.0 |
| Operating Income | |||||||||||||||
| Operating Income | 74.2 | 16.1 | (85.8) | (41.1) | (81.9) | (35.4) | (15.1) | (22.2) | (26.5) | (28.8) | (33.5) | (29.0) | (23.2) | (18.9) | (15.3) |
| Interest Expense | 0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.7 | 2.0 | 4.9 | 2.8 | 0.4 | 0.4 | 0.2 | 0 | 0 |
| Interest Income | 0 | 11.2 | 7.3 | 2.0 | 0.1 | 0.6 | 3.0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 |
| Profitability | |||||||||||||||
| EBITDA | 89.6 | 49.2 | (49.4) | (7.0) | (60.2) | (26.7) | (7.8) | (17.1) | (23.8) | (25.1) | (32.5) | (27.8) | (24.3) | (17.9) | (13.8) |
| EBIT | 68.2 | 25.7 | (76.6) | (36.2) | (81.4) | (34.7) | (11.9) | (21.0) | (27.6) | (28.7) | (33.3) | (28.9) | (25.3) | (18.6) | (14.4) |
| Income Before Tax | 68.2 | 25.7 | (76.6) | (36.4) | (81.6) | (34.9) | (12.6) | (23.0) | (31.0) | (31.4) | (33.7) | (29.4) | (25.6) | (18.6) | (14.4) |
| Income Tax Expense | 1.8 | 1.6 | (2.2) | 0.1 | (6.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 |
| Net Income | 66.4 | 24.1 | (74.4) | (36.6) | (75.6) | (34.9) | (12.6) | (23.0) | (31.0) | (31.4) | (33.7) | (29.4) | (25.6) | (18.6) | (14.4) |
| Per Share Data | |||||||||||||||
| EPS (Basic) | 0.84 | 0.32 | -1.02 | -0.51 | -1.11 | -0.66 | -0.27 | -0.62 | -0.91 | -1.09 | -1.30 | -1.36 | -6.15 | -1.31 | -1.02 |
| EPS (Diluted) | 0.82 | 0.31 | -1.02 | -0.51 | -1.11 | -0.66 | -0.27 | -0.62 | -0.91 | -1.09 | -1.30 | -1.36 | -6.15 | -1.31 | -1.02 |
| Shares Outstanding | 78.6 | 76.5 | 72.6 | 71.5 | 67.9 | 53.2 | 46.1 | 37.0 | 33.9 | 28.8 | 25.9 | 21.6 | 4.2 | 14.2 | 14.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 362.6 | 239.1 | 216.5 | 154.2 | 173.2 | 349.4 | 159.3 | 78.0 | 33.9 | 59.2 |
| Short-Term Investments | 50.3 | 50.4 | 0 | 24.6 | 4.0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 44.7 | 46.5 | 40.4 | 44.0 | 41.5 | 18.5 | 19.3 | 13.2 | 12.7 | 8.8 |
| Inventory | 20.5 | 21.8 | 16.1 | 14.3 | 11.2 | 4.7 | 6.8 | 3.4 | 5.3 | 3.5 |
| Other Current Assets | 10.3 | 14.6 | 12.7 | 11.5 | (4.0) | 0 | 0 | 0 | 2.0 | 0.3 |
| Total Current Assets | 488.4 | 372.3 | 285.6 | 248.6 | 243.1 | 375.7 | 187.7 | 97.0 | 53.9 | 73.6 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 58.8 | 71.1 | 30.9 | 30.9 | 31.1 | 16.8 | 17.7 | 8.9 | 9.7 | 11.5 |
| Goodwill | 767.2 | 745.8 | 703.0 | 695.9 | 707.9 | 2.7 | 2.7 | 1.1 | 1.1 | 1.1 |
| Intangible Assets | 89.1 | 102.3 | 88.6 | 174.9 | 202.7 | 59.9 | 65.0 | 12 | 13.1 | 14.1 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.6 | 0.6 | 0.6 |
| Other Non-Current Assets | 2.5 | 8.5 | 6.8 | 6.2 | 2.9 | 2.0 | 2.0 | 1.7 | 0.9 | 0.7 |
| Total Non-Current Assets | 917.6 | 927.8 | 829.3 | 907.8 | 944.7 | 81.5 | 87.5 | 23.7 | 24.7 | 27.4 |
| Total Assets | 1,406.0 | 1,300.0 | 1,114.9 | 1,156.4 | 1,187.8 | 457.2 | 275.2 | 120.6 | 78.7 | 101.0 |
| Current Liabilities | ||||||||||
| Account Payables | 4.6 | 8.6 | 12.9 | 11.9 | 12.4 | 3.1 | 2.3 | 2.5 | 3.9 | 2.4 |
| Short-Term Debt | 4.1 | 0 | 0 | 0 | 1.1 | 0 | 0 | 1.4 | 0 | 0 |
| Deferred Revenue | 1.2 | 1.7 | 2.0 | 2.6 | 4.6 | 0.4 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 50.1 | 47.6 | 29.2 | 36.9 | 33.7 | 9.2 | 10.1 | 0 | 0 | 0 |
| Total Current Liabilities | 59.9 | 78.6 | 61.2 | 62.6 | 64.2 | 16.8 | 17.5 | 13.1 | 12.0 | 11.5 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0.8 | 0.7 | 23.9 | 24.9 | 24.9 |
| Deferred Tax Liabilities | 0.6 | 1.2 | 0.7 | 4.5 | 5.6 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0.3 | 1.0 | 1.3 | 3.4 | 7.1 | 7.6 | 6.1 | 3.9 | 4.2 | 4.4 |
| Total Non-Current Liabilities | 36.5 | 45.4 | 9.6 | 18.6 | 27.2 | 19.1 | 18.3 | 27.8 | 29.4 | 29.9 |
| Total Liabilities | 96.4 | 124.1 | 70.8 | 81.2 | 91.3 | 35.9 | 35.8 | 40.9 | 41.4 | 41.5 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (377.6) | (444.0) | (468.1) | (393.7) | (357.2) | (281.6) | (246.7) | (234.1) | (211.1) | (180.1) |
| Accumulated Other Comprehensive Income | (8.2) | (36.1) | (24.0) | (31.3) | (15.1) | 0 | 0 | (12.0) | (9.3) | (6.8) |
| Total Stockholders' Equity | 1,309.6 | 1,176.0 | 1,044.1 | 1,075.2 | 1,096.5 | 421.2 | 239.5 | 79.8 | 37.2 | 59.6 |
| Total Liabilities & Equity | 1,406.0 | 1,300.0 | 1,114.9 | 1,156.4 | 1,187.8 | 457.2 | 275.2 | 120.6 | 78.7 | 101.0 |
| Debt Metrics | ||||||||||
| Total Debt | 39.7 | 50.7 | 12.6 | 14.7 | 18.9 | 12.3 | 13.6 | 25.3 | 25.2 | 25.5 |
| Net Debt | (322.9) | (188.3) | (203.8) | (139.5) | (154.3) | (337.0) | (145.7) | (52.7) | (8.6) | (33.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 66.4 | 24.1 | (74.4) | (36.6) | (75.6) | (34.9) | (12.6) | (23.0) | (31.0) | (31.4) |
| Depreciation & Amortization | 21.4 | 23.5 | 27.2 | 25.9 | 19.6 | 7.9 | 4.1 | 3.9 | 3.8 | 3.5 |
| Stock-Based Compensation | 43.6 | 36.2 | 33.1 | 26.7 | 22.5 | 13.0 | 9.8 | 6.0 | 6.6 | 6.4 |
| Change in Working Capital | (2.3) | (21.3) | (4.2) | (16.4) | 4.2 | (0.5) | (4.8) | (0.7) | (5.4) | (6.4) |
| Other Non-Cash Items | 7.8 | 12.8 | 66.3 | 7.7 | 3.9 | 4.7 | 0.3 | 0.3 | 2.1 | (0.2) |
| Operating Cash Flow | 136.3 | 75.1 | 44.2 | 7.5 | (31.6) | (9.7) | (3.2) | (13.5) | (23.9) | (28.0) |
| Investing Activities | ||||||||||
| Capital Expenditure | (9.7) | (11.3) | (10.0) | (8.5) | (5.4) | (2.8) | (2.8) | (1.9) | (1.8) | (4.2) |
| Acquisitions | (2.8) | 5.0 | 0 | 0 | (736.8) | 0 | (40) | 0 | 0.4 | 0 |
| Purchases of Investments | (150.0) | (50) | (19.7) | (33.5) | 162.4 | (1) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 153.3 | 0 | 44.8 | 12.7 | 3 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | (162.4) | 0 | 0.0 | 0 | 0.6 | (0.0) |
| Investing Cash Flow | (9.2) | (56.3) | 15.1 | (29.4) | (739.2) | (3.8) | (42.7) | (1.9) | (1.2) | (4.2) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0 | (1.3) | 0 | (0.1) | (25.2) | (0.3) | (2.3) | 19.2 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (18.3) | (15.1) | 2.8 | 4.8 | 2.5 | 9.9 | 14.6 | 4.8 | 1.9 | 1.2 |
| Financing Cash Flow | (4.2) | 4.9 | 2.8 | 3.5 | 596.3 | 203.6 | 127.3 | 59.5 | (0.2) | 52.3 |
| Cash Position | ||||||||||
| Net Change in Cash | 123.6 | 23.3 | 62.3 | (18.9) | (176.0) | 190.0 | 81.3 | 44.1 | (25.3) | 20.1 |
| Cash at Beginning | 240.6 | 217.3 | 155.0 | 173.9 | 350.0 | 159.9 | 78.6 | 34.5 | 59.2 | 39.1 |
| Cash at End | 364.2 | 240.6 | 217.3 | 155.0 | 173.9 | 350.0 | 159.9 | 78.6 | 33.9 | 59.2 |
| Free Cash Flow | 126.6 | 63.8 | 34.3 | (1.0) | (37.0) | (12.5) | (6.0) | (15.4) | (25.7) | (32.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 517.1 | 445.8 | 361.1 | 296.5 | 219.5 | 117.5 | 120.4 | 92.0 | 72.0 | 65.1 | 49.5 | 38.2 | 21.9 | 11.6 | 2.6 |
| Gross Profit | 360.0 | 298.1 | 248.1 | 195.0 | 145.1 | 76.0 | 83.8 | 58.9 | 43.8 | 39.6 | 28.0 | 21.6 | 9.3 | 4.0 | (0.3) |
| Operating Income | 74.2 | 16.1 | (85.8) | (41.1) | (81.9) | (35.4) | (15.1) | (22.2) | (26.5) | (28.8) | (33.5) | (29.0) | (23.2) | (18.9) | (15.3) |
| Net Income | 66.4 | 24.1 | (74.4) | (36.6) | (75.6) | (34.9) | (12.6) | (23.0) | (31.0) | (31.4) | (33.7) | (29.4) | (25.6) | (18.6) | (14.4) |
| EPS (Diluted) | 0.82 | 0.31 | -1.02 | -0.51 | -1.11 | -0.66 | -0.27 | -0.62 | -0.91 | -1.09 | -1.30 | -1.36 | -6.15 | -1.31 | -1.02 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 362.6 | 239.1 | 216.5 | 154.2 | 173.2 | 349.4 | 159.3 | 78.0 | 33.9 | 59.2 | |||||
| Total Assets | 1,406.0 | 1,300.0 | 1,114.9 | 1,156.4 | 1,187.8 | 457.2 | 275.2 | 120.6 | 78.7 | 101.0 | |||||
| Total Debt | 39.7 | 50.7 | 12.6 | 14.7 | 18.9 | 12.3 | 13.6 | 25.3 | 25.2 | 25.5 | |||||
| Stockholders' Equity | 1,309.6 | 1,176.0 | 1,044.1 | 1,075.2 | 1,096.5 | 421.2 | 239.5 | 79.8 | 37.2 | 59.6 | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | 136.3 | 75.1 | 44.2 | 7.5 | (31.6) | (9.7) | (3.2) | (13.5) | (23.9) | (28.0) | |||||
| Capital Expenditure | (9.7) | (11.3) | (10.0) | (8.5) | (5.4) | (2.8) | (2.8) | (1.9) | (1.8) | (4.2) | |||||
| Free Cash Flow | 126.6 | 63.8 | 34.3 | (1.0) | (37.0) | (12.5) | (6.0) | (15.4) | (25.7) | (32.2) | |||||