VERACYTE, INC. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Veracyte, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Veracyte, Inc. Operating Margin for the quarter ending September 30, 2024 was -5.53 %, a 65.9% increase year-over-year.
  • Veracyte, Inc. annual Operating Margin for 2023 was -23.8 %, a 71.5% decline from 2022.
  • Veracyte, Inc. annual Operating Margin for 2022 was -13.9 %, a 62.9% increase from 2021.
  • Veracyte, Inc. annual Operating Margin for 2021 was -37.3 %, a 23.9% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -23.8 -9.91 -71.5% Jan 1, 2023 Dec 31, 2023
2022 -13.9 +23.5 +62.9% Jan 1, 2022 Dec 31, 2022
2021 -37.3 -7.19 -23.9% Jan 1, 2021 Dec 31, 2021
2020 -30.1 -17.6 -140% Jan 1, 2020 Dec 31, 2020
2019 -12.6 +11.6 +48% Jan 1, 2019 Dec 31, 2019
2018 -24.2 +12.7 +34.5% Jan 1, 2018 Dec 31, 2018
2017 -36.9 +7.37 +16.7% Jan 1, 2017 Dec 31, 2017
2016 -44.3 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.