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VERACYTE (VCYT)

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Earnings summaries and quarterly performance for VERACYTE.

Research analysts who have asked questions during VERACYTE earnings calls.

PS

Puneet Souda

Leerink Partners

6 questions for VCYT

Also covers: A, ABCL, BRKR +20 more
LL

Lu Li

Scotiabank

5 questions for VCYT

Also covers: FLGT, HOLX, MYGN +2 more
AB

Andrew Brackmann

William Blair & Company, L.L.C.

4 questions for VCYT

Also covers: ADPT, AWH, BDSX +11 more
Subbu Nambi

Subbu Nambi

Guggenheim Securities

4 questions for VCYT

Also covers: ADPT, BOLD, BRKR +17 more
Doug Schenkel

Doug Schenkel

Wolfe Research LLC

3 questions for VCYT

Also covers: A, AVTR, BRKR +15 more
SJ

Sung Ji Nam

Scotiabank

3 questions for VCYT

Also covers: ADPT, BDSX, BNGO +9 more
Andrew Cooper

Andrew Cooper

Raymond James

2 questions for VCYT

Also covers: AZTA, CDNA, CTKB +12 more
Ben Mee

Ben Mee

Stephens

2 questions for VCYT

KM

Kyle Mikson

Canaccord Genuity

2 questions for VCYT

Also covers: AKYA, BDSX, CSTL +12 more
MC

Mason Carrico

Stephens Inc.

2 questions for VCYT

Also covers: AKYA, CDNA, CSTL +13 more
Mike Matson

Mike Matson

Needham & Company, LLC

2 questions for VCYT

Also covers: CNMD, ENOV, ESTA +16 more
SN

Subhalaxmi Nambi

Guggenheim Securities

2 questions for VCYT

Also covers: AKYA, BRKR, CSTL +15 more
TS

Tejas Savant

Morgan Stanley

2 questions for VCYT

Also covers: ADPT, AKYA, AVTR +19 more
Thomas DeBourcy

Thomas DeBourcy

Nephron Research

2 questions for VCYT

Also covers: CDNA, NEOG, QTRX +2 more
YO

Yuko Oku

Morgan Stanley

2 questions for VCYT

Also covers: ADPT, GH, GRAL +7 more
AB

Andrew Brackman

William Blair

1 question for VCYT

Also covers: BLLN, DGX, LH
CB

Colleen Babington

Wolfe Research, LLC

1 question for VCYT

Also covers: CARS, GRAL, NTRA +1 more
Corey Rosenbaum

Corey Rosenbaum

Scotiabank

1 question for VCYT

Also covers: ADPT, CSTL
Douglas Schenkel

Douglas Schenkel

Wolfe Research, LLC

1 question for VCYT

Also covers: A, AVTR, BRKR +21 more
MB

Maggie Boeye

William Blair

1 question for VCYT

Also covers: QDEL, SERA, XGN
MS

Matt Sykes

Goldman Sachs Group, Inc.

1 question for VCYT

Also covers: CRL, CTKB, MRVI +4 more
Michael Matson

Michael Matson

Needham & Company

1 question for VCYT

Also covers: AORT, ATRC, CNMD +22 more

Recent press releases and 8-K filings for VCYT.

Veracyte Provides 2025 Performance Expectations and 2026 Financial Guidance
VCYT
Guidance Update
Product Launch
Revenue Acceleration/Inflection
  • Veracyte expects to achieve $515-$517 million in revenue for 2025, with approximately 17% testing revenue growth, and anticipates an Adjusted EBITDA of greater than 25% for the year.
  • For 2026, the company forecasts total revenue between $570-$582 million, with core testing revenue of $559 million-$569 million (representing 14%-16% growth), and aims to maintain an Adjusted EBITDA margin of 25% or more.
  • The company plans two significant product launches in 2026: True MRD for muscle-invasive bladder cancer in the first half, and ProSigna as an LDT for the U.S. market by mid-year.
  • Core products, Decipher and Afirma, are expected to continue driving growth, with Decipher showing a 37% three-year revenue growth CAGR and projected strong double-digit growth in 2026 and beyond, while Afirma is projected for mid to high single-digit growth in 2026.
  • Veracyte is also focused on geographic expansion through an IVD strategy and developing new solutions for cancer challenges, such as a nasal swab for lung cancer.
Jan 15, 2026, 5:45 PM
Veracyte Provides 2025 Financial Performance and 2026 Outlook at J.P. Morgan Healthcare Conference
VCYT
Guidance Update
Product Launch
New Projects/Investments
  • Veracyte expects to deliver 2025 revenue in the range of $515-$517 million, driven by approximately 17% testing revenue growth, and anticipates achieving greater than 25% Adjusted EBITDA for the full year.
  • For 2026, the company projects total revenue between $570-$582 million, with core testing revenue expected to be $559 million-$569 million, representing 14%-16% growth, and aims to maintain an industry-leading 25% Adjusted EBITDA margin.
  • The company is advancing its product pipeline with planned launches in 2026, including True MRD for muscle-invasive bladder cancer in the first half, and ProSigna as an LDT for the U.S. market in mid-2026.
  • Core products Decipher and Afirma continue to drive growth, with Decipher showing a three-year revenue growth CAGR of over 37% and Afirma achieving 11% volume growth in 2025; both tests are expected to have strong growth in 2026.
Jan 15, 2026, 5:45 PM
Veracyte Provides 2025 Financial Estimates and 2026 Guidance, Announces New Product Launches
VCYT
Guidance Update
Product Launch
Revenue Acceleration/Inflection
  • Veracyte expects to report 2025 revenue between $515 million-$517 million, with approximately 17% testing revenue growth and greater than 25% Adjusted EBITDA, and projects 2026 total revenue of $570 million-$582 million with 14%-16% core testing revenue growth and a 25% Adjusted EBITDA margin.
  • The company plans to launch True MRD for muscle-invasive bladder cancer in the first half of 2026 and ProSigna as an LDT for the U.S. breast cancer market in mid-2026.
  • Core tests, Decipher and Afirma, are anticipated to continue strong growth in 2026, with Decipher projected for approximately 20% revenue growth and Afirma for mid to high single-digit growth, leveraging current market penetrations of 33% and 38% respectively.
Jan 15, 2026, 5:45 PM
Veracyte Announces Preliminary Q4 and Full-Year 2025 Results and 2026 Guidance
VCYT
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Veracyte (VCYT) announced preliminary, unaudited financial results for Q4 and full-year 2025 on January 11, 2026.
  • For the full year ended December 31, 2025, the company expects to report total revenue between $515 million and $517 million, an increase of 16%, and an adjusted EBITDA margin of greater than 25%.
  • For the fourth quarter ended December 31, 2025, total revenue is expected to be between $138 million and $140 million, an increase of 16% to 18%.
  • Veracyte initiated 2026 total revenue guidance of $570 million to $582 million, representing 10% to 13% growth, with an expected adjusted EBITDA margin of 25%.
Jan 12, 2026, 11:05 AM
Veracyte Announces Preliminary Q4 and Full-Year 2025 Results
VCYT
Earnings
Guidance Update
Product Launch
  • Veracyte announced preliminary, unaudited financial results for the fourth quarter and full year ended December 31, 2025.
  • For full-year 2025, the company expects to report total revenue between $515 million and $517 million, a 16% increase, and an adjusted EBITDA margin of greater than 25%.
  • For the fourth quarter of 2025, total revenue is expected to be between $138 million and $140 million, an increase of 16% to 18%.
  • Veracyte is initiating 2026 total revenue guidance of $570 million to $582 million, representing 10% to 13% growth, with an expected adjusted EBITDA margin of 25%.
  • The company plans to launch Prosigna and its TrueMRD platform in the US market in 2026.
Jan 11, 2026, 9:30 PM
Veracyte Reports Strong Q3 Results, Raises Full-Year Adjusted EBITDA Guidance, and Outlines Product Pipeline
VCYT
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Veracyte reported strong Q3 results with over $131 million in revenue, representing 14% growth, primarily driven by its testing business which grew 17%.
  • The company achieved 30% adjusted EBITDA in Q3, leading to an increased full-year guidance of over 25% adjusted EBITDA, a long-term goal met ahead of expectations.
  • Key product lines, Decipher and Afirma, showed robust performance, with Decipher growing over 25% for the 14th consecutive quarter and Afirma volumes increasing 13% in Q3.
  • Veracyte is preparing for the launch of the Prosigna LDT in mid-2026 and the TruMRD assay for muscle invasive bladder cancer in the first half of next year, while also transitioning Afirma to the V2 Transcriptome for improved efficiency.
  • The company expects to end the year with nearly $400 million in cash and no debt, prioritizing investments in strategic growth drivers over M&A.
Nov 20, 2025, 5:00 PM
Veracyte Reports Strong Q3 Results, Raises Guidance, and Details Product Pipeline
VCYT
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Veracyte reported strong Q3 2025 results, with revenue exceeding $131 million, a 14% increase, and achieved 30% adjusted EBITDA, leading to an increased full-year guidance for both revenue and adjusted EBITDA to over 25%.
  • The company's testing business grew 17%, with Decipher achieving its 14th consecutive quarter of over 25% growth and Afirma volumes increasing 13% in Q3.
  • Veracyte is transitioning to its new V2 Transcriptome, with almost a third of samples running on it in Q3 and a goal for full transition by year-end, which is expected to improve cost efficiency and increase valid test results.
  • Upcoming product launches include TruMRD for muscle invasive bladder cancer in the first half of 2026 and the Prosigna LDT in mid-2026, with strategic investments planned for their commercialization.
  • The company is in a strong financial position with nearly $400 million in cash and no debt, prioritizing investments in strategic growth drivers such as Afirma, Decipher, Prosigna, LDT, MRD, and IBD.
Nov 20, 2025, 5:00 PM
Veracyte Reports Strong Q3 Performance and Updates on Product Pipeline
VCYT
Guidance Update
Product Launch
New Projects/Investments
  • Veracyte reported a strong Q3 with over $131 million in revenue, a 14% increase, driven by 17% growth in its testing business.
  • The company achieved 30% adjusted EBITDA in Q3, leading to an increased full-year guidance to over 25% adjusted EBITDA, ahead of its long-term goal.
  • Key product updates include Decipher growing over 25% for the 14th consecutive quarter, Afirma volumes up 13%, and the V2 transcriptome transition for Afirma expected to be complete by year-end.
  • Veracyte plans to launch TruMRD for muscle invasive bladder cancer in the first half of next year and the Prosigna LDT in mid-2026, with the OPTIMA trial results expected to provide level one evidence for Prosigna.
  • The company expects to end the year with close to $400 million in cash and no debt, maintaining its 25% adjusted EBITDA margin target for 2026 and beyond.
Nov 20, 2025, 5:00 PM
Veracyte Reports Strong Q3 2025 Performance and Outlines 2026 Product Pipeline
VCYT
Guidance Update
Product Launch
Revenue Acceleration/Inflection
  • Veracyte reported strong Q3 2025 performance, with total company revenue growing 14% year-over-year and the testing business growing 18% (adjusted for a portfolio decision). The company achieved an adjusted EBITDA margin of 30%, exceeding its 25% target more than a year early.
  • The company plans significant product launches in 2026, including a differentiated whole genome MRD test in the first half (starting with muscle-invasive bladder cancer) and the Prosigna test as a lab-developed test for the U.S. market in the middle of the year.
  • The class-leading Decipher test continued its strong momentum, achieving 26% volume growth in Q3 2025, marking its 14th consecutive quarter of over 25% growth, with 75% of the prostate cancer market still unaddressed.
  • Afirma also demonstrated strong performance with 13% volume growth in Q3 2025. Starting January 1 (presumably 2026), all Afirma samples will utilize a new transcriptome, which is expected to significantly reduce costs.
Nov 20, 2025, 11:30 AM
Veracyte Reports Strong Q3 Performance and Outlines 2026 Product Launches
VCYT
Guidance Update
Product Launch
Revenue Acceleration/Inflection
  • Veracyte reported strong Q3 performance, with total company revenue growth of 14% year-over-year and testing business growth of 18% (excluding Invisia test adjustment). The company achieved an adjusted EBITDA margin of 30% and raised revenue and profitability guidance.
  • The Decipher test demonstrated 26% volume growth in Q3, marking its 14th consecutive quarter of over 25% growth, and holds approximately 65% market share with 25% market penetration in the US prostate cancer diagnostic market. The Afirma test grew 13% in volume in Q3.
  • The company plans to launch its MRD test in the first half of 2026, starting with muscle-invasive bladder cancer, and its Prosigna test as a lab-developed test (LDT) for the US market in the middle of 2026, targeting approximately 225,000 patients annually.
  • Veracyte expects 300-500 basis point accretion to Decipher's average selling price (ASP) over the next five years, driven by increased commercial payer coverage aiming for 250-275 million covered lives.
Nov 20, 2025, 11:30 AM