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Veracyte's revenue is $445.8 million.

What is Veracyte's revenue?

Veracyte's annual revenue is $445.8M. Zippia's data science team found the following key financial metrics about Veracyte after extensive research and analysis.
  • Veracyte's revenue growth from 2012 to 2024 is 3,733.54%.
  • Veracyte has 270 employees, and the revenue per employee ratio is $1,650,977.
  • Veracyte's peak quarterly revenue was $118.6M in 2024(q4).
  • Veracyte peak revenue was $445.8M in 2024.
  • Veracyte annual revenue for 2023 was 361.1M, 21.76% growth from 2022.
  • Veracyte annual revenue for 2024 was 445.8M, 23.46% growth from 2023.

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Most recent quarter revenue
$118.6M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$445.8M (2024)
Company peak revenue
Revenue / employee
$1.7M
Company revenue / employee

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Floating question marks illustration
Most recent quarter revenue
$118.6M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$445.8M (2024)
Company peak revenue
Revenue / employee
$1.7M
Company revenue / employee

Veracyte historical revenue

Veracyte's peak revenue was $445.8M in 2024. The peak quarterly revenue was $118.6M in 2024(q4).

Veracyte's revenue increased from $11.6m in 2012 to $445.8M currently. That's a 3,733.54% change in annual revenue.

Veracyte annual revenue

$446M
$357M
$267M
$178M
$89M
$0
2019
2020
2021
2022
2023
2024

Veracyte annual revenue over time

Fiscal year / yearVeracyte revenue
2012$11.6M
2013$21.9M
2014$38.2M
2015$49.5M
2016$65.1M
2017$72.0M
2018$92.0M
2019$120.4M
2020$117.5M
2021$219.5M
2022$296.5M
2023$361.1M
2024$445.8M

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Veracyte annual growth

Veracyte saw the greatest revenue growth in 2013, when revenue increased by 88.2%.

Veracyte had the lowest revenue growth in 2020, when revenue changed by -2.4%.

Veracyte annual growth rate over time

YearVeracyte growth
2013
88%
2014
75%
2015
30%
2016
31%
2017
11%
2018
28%
2019
31%
2020
-2%
2021
87%
2022
35%
2023
22%
2024
23%

Veracyte quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$119M
$95M
$71M
$47M
$24M
$0
2020
2021
2022
2023
2024

Veracyte quarterly growth rate over time

YearQ1Q2Q3Q4
2013--$5.6M$6.8M
2014$7.5M$8.7M$9.8M$12.2M
2015$11.2M$11.9M$12.3M$14.0M
2016$13.6M$14.7M$18.6M$18.3M
2017$16.4M$18.4M$17.5M$19.6M
2018$20.0M$22.8M$23.5M$25.8M
2019$29.5M$30.1M$31.0M$29.7M
2020$31.1M$20.7M$31.1M$34.5M
2021$36.7M$55.1M$60.4M$67.3M
2022$67.8M$72.9M$75.6M$80.3M
2023$82.4M$90.3M$90.1M$98.2M
2024$96.8M$114.4M$115.9M$118.6M

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Veracyte financial information

CEOMarc A. Stapley
IndustryPharmaceuticals, Biotechnology & Life Sciences
Company TypePublic
Employees Number270
Date Founded2006
HeadquartersSouth San Francisco, California
Number of Locations4
Revenue$445.8M
Net Income-$36,560,000
Gross Proft$298.1M (2024)
PE Ratio58.93
Tax Rate0.1%
Market Capitalization$1.4B
Total Assets$1,156,422,000
TickerVCYT

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Veracyte financing

Veracyte received early financing of $300.0K on 2006-12-21.

SeriesRound sizeDate
Series A$300K12/2006
Series B$28M06/2010
Private Equity$15.0M10/2012
Series C$28M06/2013
Debt Financing$15M01/2014
Post Ipo Debt$45M03/2016
Post Ipo Equity$550M02/2021

Veracyte investors

InvestorsSecurity type
Versant VenturesSeries B
TPG BiotechSeries B
Kleiner PerkinsSeries B
Domain AssociatesSeries B
Kleiner PerkinsPrivate Equity
Domain AssociatesPrivate Equity
Versant VenturesSeries C
GE VenturesSeries C
Kleiner PerkinsSeries C
TPG BiotechSeries C
Domain AssociatesSeries C
Armentum PartnersDebt Financing
Visium Healthcare PartnersPost Ipo Debt

Veracyte competitors

Veracyte's top competitor, Illumina, earned an annual revenue of $4.4B.

Veracyte's smallest competitor is Geneoscopy with revenue of $430.0K last year.

Company nameAverage salaryRevenueEmployee sizeJob openings
MDxHealth-$5.9M171-
Geneoscopy-$430,00029-
Illumina-$4.4B7,800-
Ambry Genetics-$96.0M94-
Admera Health-$1.0M75-
Guardant Health-$739.0M500-
Institute for Systems Biology-$37.5M230-
454 Life Sciences-$19.4M100-
Foundation Medicine-$152.9M1,300-
Life Tech International-$620,00025-

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Zippia gives an in-depth look into the details of Veracyte, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Veracyte. The employee data is based on information from people who have self-reported their past or current employments at Veracyte. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Veracyte. The data presented on this page does not represent the view of Veracyte and its employees or that of Zippia.

Veracyte may also be known as or be related to VERACYTE INC., VERACYTE, INC., Veracyte, Veracyte Inc and Veracyte, Inc.