Veracyte
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Veracyte's past years’ income statements indicate that its last revenue has increased compared to the previous period by 22% to $361,051,000. Profit margin reached -21%. Total operating expenses were $333,943,000.
Profit Margin
| 2014 | 38.19M | -29.37M | -76.91% |
|---|---|---|---|
| 2015 | 49.50M | -33.70M | -68.08% |
| 2016 | 65.08M | -31.35M | -48.18% |
| 2017 | 71.95M | -31.00M | -43.09% |
| 2018 | 92.00M | -22.99M | -25% |
| 2019 | 120.36M | -16.48M | -13.69% |
| 2020 | 117.48M | -35.84M | -30.51% |
| 2021 | 219.51M | -75.56M | -34.42% |
| 2022 | 296.53M | -36.56M | -12.33% |
| 2023 | 361.05M | -74.40M | -20.61% |
VCYT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 361.05M | 296.53M | 219.51M | 117.48M | 120.36M | 92.00M | 71.95M | 65.08M | 49.50M | 38.19M |
Cost of revenue | 112.90M | 101.58M | 74.4M | 41.45M | 36.52M | 33.07M | 28.19M | 25.46M | 21.49M | 16.60M |
Gross profit | 248.14M | 194.95M | 145.11M | 76.02M | 83.84M | 58.93M | 43.75M | 39.62M | 28.00M | 21.58M |
Operating exp. | ||||||||||
Research and development | 57.30M | 40.60M | 29.84M | 17.20M | 14.85M | 14.82M | 13.88M | 15.32M | 12.79M | 9.80M |
Selling and marketing | 26.60M | 97.56M | 79.84M | 52.38M | 53.69M | 41.31M | 32.26M | 28.24M | 25.29M | 21.93M |
Total operating expenses | 333.94M | 236.03M | 227.01M | 111.41M | 98.97M | 81.16M | 70.29M | 68.42M | 61.47M | 50.59M |
Operating income | -85.79M | -41.08M | -81.90M | -35.38M | -15.12M | -22.23M | -26.53M | -28.80M | -33.46M | -29.00M |
Other income (expenses), net | 9.18M | 4.65M | 254K | 480K | 2.52M | 1.19M | -4.46M | 202K | -238K | -367K |
Income before tax | -76.61M | -36.42M | -81.64M | -34.90M | -12.59M | -22.99M | -31.00M | -31.35M | -33.70M | -29.37M |
Income tax expense | -2.20M | 133K | -6.08M | 938K | 3.88M | 1.19M | 5.41M | 2.95M | 518K | -664K |
Net income | -74.40M | -36.56M | -75.56M | -35.84M | -16.48M | -22.99M | -31.00M | -31.35M | -33.70M | -29.37M |
Earnings per share | ||||||||||
Basic EPS | -1.02 | -0.51 | -1.11 | -0.67 | -0.36 | -0.62 | -0.91 | -1.09 | -1.3 | -1.36 |
Diluted EPS | -1.02 | -0.51 | -1.11 | -0.67 | -0.36 | -0.62 | -0.91 | -1.09 | -1.3 | -1.36 |
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