Veracyte reports third quarter revenue of $131.9 million, up 14% year-over-year
Veracyte Inc. reported third quarter 2025 total revenue of $131.9 million, up 14.0% from $115.9 million in the same period of 2024. Testing revenue rose 17.0% to $127.8 million, driven by growth in Decipher Prostate and Afirma tests. Product revenue increased 4.0% to $3.3 million. Biopharmaceutical and other revenue declined to $0.8 million from $3.1 million, attributed to the restructuring and liquidation proceedings of Veracyte SAS. Total gross margin for the quarter was 69.0%, compared to 68.0% a year earlier. Non-GAAP gross margin was 73.0%, up from 71.0%. The company highlighted continued momentum and upcoming launches of TrueMRD and Prosigna LDT as key business developments during the period.
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