VCYT VERACYTE, INC.

FY2025 10-K
Filed: Feb 26, 2026
Health Care
Services-Medical LaboratoriesSEC EDGAR

VERACYTE, INC. (VCYT) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: development and commercialization of genomic and molecular diagnostic tests for oncology and other indications
  • Emphasis on regulatory adaptations for IVDR/UKNI in Northern Ireland, and new Swiss IvDO aligning with IVDR from 2022
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Management Discussion & Analysis

  • Revenue not explicitly stated; net income $66.4M in 2025 vs $24.1M in 2024, showing significant profitability improvement
  • Operating margin details not provided; net income growth from $24.1M (2024) to $66.4M (2025) indicates margin improvement
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Risk Factors

  • Regulatory risk from Protecting Access to Medicare Act of 2014 (PAMA) may reduce test reimbursement rates, negatively impacting revenues and margins
  • Geopolitical risk from Middle East conflicts potentially disrupting Israel business and employees acquired in C2i Acquisition
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Financial Summary
XBRL

Revenue

$517M

Net Income

$66M

Gross Margin

70.1%

Operating Margin

11.2%

Net Margin

12.8%

ROE

5.1%

Total Assets

$1.4B

EPS (Diluted)

$0.82

Operating Cash Flow

$136M

Source: XBRL data from VERACYTE, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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