Earnings summaries and quarterly performance for VERACYTE.
Executive leadership at VERACYTE.
Board of directors at VERACYTE.
Research analysts who have asked questions during VERACYTE earnings calls.
Puneet Souda
Leerink Partners
6 questions for VCYT
Lu Li
Scotiabank
5 questions for VCYT
Andrew Brackmann
William Blair & Company, L.L.C.
4 questions for VCYT
Subbu Nambi
Guggenheim Securities
4 questions for VCYT
Doug Schenkel
Wolfe Research LLC
3 questions for VCYT
Sung Ji Nam
Scotiabank
3 questions for VCYT
Andrew Cooper
Raymond James
2 questions for VCYT
Ben Mee
Stephens
2 questions for VCYT
Kyle Mikson
Canaccord Genuity
2 questions for VCYT
Mason Carrico
Stephens Inc.
2 questions for VCYT
Mike Matson
Needham & Company, LLC
2 questions for VCYT
Subhalaxmi Nambi
Guggenheim Securities
2 questions for VCYT
Tejas Savant
Morgan Stanley
2 questions for VCYT
Thomas DeBourcy
Nephron Research
2 questions for VCYT
Yuko Oku
Morgan Stanley
2 questions for VCYT
Andrew Brackman
William Blair
1 question for VCYT
Colleen Babington
Wolfe Research, LLC
1 question for VCYT
Corey Rosenbaum
Scotiabank
1 question for VCYT
Douglas Schenkel
Wolfe Research, LLC
1 question for VCYT
Maggie Boeye
William Blair
1 question for VCYT
Matt Sykes
Goldman Sachs Group, Inc.
1 question for VCYT
Michael Matson
Needham & Company
1 question for VCYT
Recent press releases and 8-K filings for VCYT.
- 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.
- 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.
- 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.
- 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%.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for VERACYTE.
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