
Veracyte Inc
NASDAQ:VCYT

Income Statement
Earnings Waterfall
Veracyte Inc
Revenue
|
445.8m
USD
|
Cost of Revenue
|
-147.6m
USD
|
Gross Profit
|
298.1m
USD
|
Operating Expenses
|
-278.6m
USD
|
Operating Income
|
19.5m
USD
|
Other Expenses
|
4.6m
USD
|
Net Income
|
24.1m
USD
|
Income Statement
Veracyte Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
38
N/A
|
42
+10%
|
45
+8%
|
48
+6%
|
50
+4%
|
52
+5%
|
55
+5%
|
61
+11%
|
65
+7%
|
68
+4%
|
72
+5%
|
71
-2%
|
72
+2%
|
76
+5%
|
80
+6%
|
86
+7%
|
92
+7%
|
102
+10%
|
109
+7%
|
116
+7%
|
120
+3%
|
122
+1%
|
113
-8%
|
113
+0%
|
118
+4%
|
123
+5%
|
157
+28%
|
187
+19%
|
220
+18%
|
251
+14%
|
268
+7%
|
284
+6%
|
297
+5%
|
311
+5%
|
329
+6%
|
343
+4%
|
361
+5%
|
375
+4%
|
400
+6%
|
425
+6%
|
446
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(17)
|
(18)
|
(19)
|
(20)
|
(22)
|
(23)
|
(24)
|
(25)
|
(26)
|
(25)
|
(26)
|
(27)
|
(28)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(34)
|
(35)
|
(37)
|
(40)
|
(39)
|
(40)
|
(42)
|
(42)
|
(51)
|
(63)
|
(74)
|
(86)
|
(93)
|
(98)
|
(102)
|
(104)
|
(109)
|
(110)
|
(113)
|
(118)
|
(125)
|
(134)
|
(148)
|
|
Gross Profit |
22
N/A
|
24
+13%
|
26
+8%
|
27
+4%
|
28
+2%
|
29
+2%
|
30
+6%
|
36
+18%
|
40
+11%
|
42
+7%
|
46
+7%
|
44
-4%
|
44
+0%
|
46
+5%
|
49
+7%
|
54
+10%
|
59
+10%
|
68
+15%
|
75
+10%
|
81
+9%
|
84
+3%
|
82
-2%
|
73
-10%
|
72
-2%
|
76
+5%
|
81
+7%
|
106
+30%
|
124
+17%
|
145
+17%
|
165
+14%
|
175
+6%
|
186
+6%
|
195
+5%
|
207
+6%
|
220
+6%
|
233
+6%
|
248
+7%
|
257
+4%
|
275
+7%
|
291
+6%
|
298
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(51)
|
(54)
|
(59)
|
(61)
|
(62)
|
(64)
|
(67)
|
(69)
|
(68)
|
(69)
|
(68)
|
(68)
|
(70)
|
(74)
|
(76)
|
(79)
|
(81)
|
(83)
|
(87)
|
(91)
|
(99)
|
(107)
|
(107)
|
(108)
|
(111)
|
(115)
|
(127)
|
(183)
|
(205)
|
(217)
|
(248)
|
(234)
|
(233)
|
(239)
|
(254)
|
(252)
|
(266)
|
(270)
|
(275)
|
(282)
|
(279)
|
|
Selling, General & Administrative |
(41)
|
(44)
|
(47)
|
(48)
|
(48)
|
(50)
|
(52)
|
(53)
|
(52)
|
(52)
|
(52)
|
(53)
|
(55)
|
(59)
|
(60)
|
(62)
|
(64)
|
(66)
|
(71)
|
(75)
|
(81)
|
(87)
|
(85)
|
(85)
|
(88)
|
(82)
|
(83)
|
(124)
|
(135)
|
(144)
|
(164)
|
(147)
|
(169)
|
(171)
|
(181)
|
(178)
|
(184)
|
(187)
|
(192)
|
(199)
|
(202)
|
|
Research & Development |
(10)
|
(10)
|
(11)
|
(13)
|
(13)
|
(13)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(14)
|
(14)
|
(13)
|
(14)
|
(15)
|
(14)
|
(14)
|
(13)
|
(13)
|
(15)
|
(16)
|
(16)
|
(17)
|
(17)
|
(18)
|
(20)
|
(24)
|
(30)
|
(33)
|
(36)
|
(39)
|
(40)
|
(44)
|
(47)
|
(49)
|
(56)
|
(59)
|
(63)
|
(68)
|
(68)
|
|
Depreciation & Amortization |
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(10)
|
(14)
|
(18)
|
(22)
|
(24)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(25)
|
(24)
|
(19)
|
(15)
|
(9)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(14)
|
(22)
|
(22)
|
(18)
|
(25)
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(29)
N/A
|
(30)
-3%
|
(32)
-8%
|
(34)
-3%
|
(34)
+0%
|
(36)
-6%
|
(37)
-4%
|
(33)
+11%
|
(29)
+13%
|
(27)
+8%
|
(23)
+15%
|
(24)
-7%
|
(27)
-10%
|
(28)
-6%
|
(27)
+2%
|
(25)
+8%
|
(22)
+12%
|
(15)
+31%
|
(13)
+18%
|
(10)
+20%
|
(15)
-51%
|
(25)
-67%
|
(33)
-31%
|
(36)
-7%
|
(35)
+0%
|
(34)
+5%
|
(21)
+37%
|
(59)
-180%
|
(60)
-1%
|
(52)
+13%
|
(73)
-42%
|
(48)
+35%
|
(38)
+21%
|
(32)
+16%
|
(34)
-6%
|
(19)
+42%
|
(17)
+10%
|
(13)
+28%
|
0
N/A
|
9
+12 735%
|
20
+114%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
1
|
(1)
|
1
|
0
|
(0)
|
2
|
3
|
5
|
6
|
8
|
9
|
10
|
13
|
9
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(35)
|
(44)
|
(18)
|
(22)
|
0
|
18
|
0
|
(3)
|
(5)
|
0
|
(36)
|
(68)
|
(67)
|
(67)
|
(33)
|
(3)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
3
|
3
|
3
|
3
|
1
|
1
|
(0)
|
(2)
|
(1)
|
1
|
1
|
4
|
4
|
3
|
3
|
0
|
0
|
1
|
1
|
2
|
2
|
0
|
|
Pre-Tax Income |
(29)
N/A
|
(30)
-3%
|
(33)
-8%
|
(34)
-3%
|
(34)
+0%
|
(36)
-7%
|
(38)
-6%
|
(35)
+9%
|
(31)
+10%
|
(30)
+6%
|
(26)
+13%
|
(27)
-6%
|
(31)
-15%
|
(32)
-3%
|
(31)
+3%
|
(28)
+8%
|
(23)
+19%
|
(16)
+32%
|
(12)
+24%
|
(8)
+31%
|
(13)
-53%
|
(22)
-78%
|
(31)
-38%
|
(34)
-11%
|
(35)
-2%
|
(69)
-97%
|
(67)
+3%
|
(78)
-17%
|
(82)
-4%
|
(50)
+38%
|
(51)
-1%
|
(44)
+13%
|
(36)
+18%
|
(30)
+17%
|
(29)
+5%
|
(50)
-73%
|
(77)
-55%
|
(70)
+8%
|
(55)
+22%
|
(8)
+85%
|
26
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
5
|
6
|
2
|
2
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
2
|
1
|
(1)
|
(2)
|
|
Income from Continuing Operations |
(29)
|
(30)
|
(33)
|
(34)
|
(34)
|
(36)
|
(38)
|
(35)
|
(31)
|
(30)
|
(26)
|
(27)
|
(31)
|
(32)
|
(31)
|
(28)
|
(23)
|
(16)
|
(12)
|
(8)
|
(13)
|
(22)
|
(31)
|
(34)
|
(35)
|
(65)
|
(63)
|
(73)
|
(76)
|
(48)
|
(49)
|
(43)
|
(37)
|
(30)
|
(29)
|
(50)
|
(74)
|
(68)
|
(54)
|
(9)
|
24
|
|
Net Income (Common) |
(29)
N/A
|
(30)
-3%
|
(33)
-8%
|
(34)
-3%
|
(34)
+0%
|
(36)
-7%
|
(38)
-6%
|
(35)
+9%
|
(31)
+10%
|
(30)
+6%
|
(26)
+13%
|
(27)
-6%
|
(31)
-15%
|
(32)
-3%
|
(31)
+3%
|
(28)
+8%
|
(23)
+19%
|
(16)
+32%
|
(12)
+24%
|
(8)
+31%
|
(13)
-53%
|
(22)
-78%
|
(31)
-38%
|
(34)
-11%
|
(35)
-2%
|
(65)
-86%
|
(63)
+3%
|
(73)
-16%
|
(76)
-3%
|
(48)
+36%
|
(49)
-1%
|
(43)
+11%
|
(37)
+15%
|
(30)
+18%
|
(29)
+4%
|
(50)
-72%
|
(74)
-49%
|
(68)
+8%
|
(54)
+21%
|
(9)
+83%
|
24
N/A
|
|
EPS (Diluted) |
-1.3
N/A
|
-1.34
-3%
|
-1.25
+7%
|
-1.22
+2%
|
-1.3
-7%
|
-1.32
-2%
|
-1.37
-4%
|
-1.25
+9%
|
-1.09
+13%
|
-0.87
+20%
|
-0.75
+14%
|
-0.81
-8%
|
-0.91
-12%
|
-0.95
-4%
|
-0.91
+4%
|
-0.73
+20%
|
-0.62
+15%
|
-0.38
+39%
|
-0.26
+32%
|
-0.16
+38%
|
-0.27
-69%
|
-0.46
-70%
|
-0.63
-37%
|
-0.62
+2%
|
-0.66
-6%
|
-1.02
-55%
|
-0.93
+9%
|
-1.04
-12%
|
-1.11
-7%
|
-0.68
+39%
|
-0.68
N/A
|
-0.6
+12%
|
-0.51
+15%
|
-0.41
+20%
|
-0.4
+2%
|
-0.69
-73%
|
-1.02
-48%
|
-0.91
+11%
|
-0.7
+23%
|
-0.11
+84%
|
0.31
N/A
|