vs

Side-by-side financial comparison of Ategrity Specialty Insurance Co Holdings (ASIC) and VERACYTE, INC. (VCYT). Click either name above to swap in a different company.

VERACYTE, INC. is the larger business by last-quarter revenue ($140.6M vs $116.1M, roughly 1.2× Ategrity Specialty Insurance Co Holdings). VERACYTE, INC. runs the higher net margin — 29.3% vs 19.5%, a 9.7% gap on every dollar of revenue.

Ategrity Specialty Insurance Co Holdings is a specialty insurance holding company that provides commercial property and casualty insurance solutions. It primarily focuses on excess and surplus lines coverage, serving niche segments including construction, healthcare, and small business markets across the United States, offering tailored policies for unique, hard-to-place risks that standard carriers do not typically cover.

Veracyte Inc. is a leading molecular diagnostics company that develops and commercializes proprietary genomic testing solutions for early, accurate detection of cancer and other complex diseases. Its offerings help healthcare providers make better clinical decisions to improve patient outcomes, with core operations in the U.S. and expanding global market presence across key clinical segments.

ASIC vs VCYT — Head-to-Head

Bigger by revenue
VCYT
VCYT
1.2× larger
VCYT
$140.6M
$116.1M
ASIC
Higher net margin
VCYT
VCYT
9.7% more per $
VCYT
29.3%
19.5%
ASIC

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASIC
ASIC
VCYT
VCYT
Revenue
$116.1M
$140.6M
Net Profit
$22.7M
$41.1M
Gross Margin
72.5%
Operating Margin
25.6%
26.4%
Net Margin
19.5%
29.3%
Revenue YoY
18.5%
Net Profit YoY
704.8%
EPS (diluted)
$0.45
$0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASIC
ASIC
VCYT
VCYT
Q4 25
$140.6M
Q3 25
$116.1M
$131.9M
Q2 25
$101.8M
$130.2M
Q1 25
$114.5M
Q4 24
$118.6M
Q3 24
$115.9M
Q2 24
$114.4M
Q1 24
$96.8M
Net Profit
ASIC
ASIC
VCYT
VCYT
Q4 25
$41.1M
Q3 25
$22.7M
$19.1M
Q2 25
$17.6M
$-980.0K
Q1 25
$7.0M
Q4 24
$5.1M
Q3 24
$15.2M
Q2 24
$5.7M
Q1 24
$-1.9M
Gross Margin
ASIC
ASIC
VCYT
VCYT
Q4 25
72.5%
Q3 25
69.2%
Q2 25
69.0%
Q1 25
69.5%
Q4 24
66.4%
Q3 24
68.2%
Q2 24
68.1%
Q1 24
64.5%
Operating Margin
ASIC
ASIC
VCYT
VCYT
Q4 25
26.4%
Q3 25
25.6%
17.4%
Q2 25
21.9%
-4.0%
Q1 25
2.5%
Q4 24
3.5%
Q3 24
10.4%
Q2 24
4.0%
Q1 24
-4.8%
Net Margin
ASIC
ASIC
VCYT
VCYT
Q4 25
29.3%
Q3 25
19.5%
14.5%
Q2 25
17.3%
-0.8%
Q1 25
6.2%
Q4 24
4.3%
Q3 24
13.1%
Q2 24
5.0%
Q1 24
-1.9%
EPS (diluted)
ASIC
ASIC
VCYT
VCYT
Q4 25
$0.50
Q3 25
$0.45
$0.24
Q2 25
$0.39
$-0.01
Q1 25
$0.09
Q4 24
$0.07
Q3 24
$0.19
Q2 24
$0.07
Q1 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASIC
ASIC
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$34.3M
$362.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$588.6M
$1.3B
Total Assets
$1.4B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASIC
ASIC
VCYT
VCYT
Q4 25
$362.6M
Q3 25
$34.3M
$315.6M
Q2 25
$23.5M
$219.5M
Q1 25
$186.1M
Q4 24
$239.1M
Q3 24
$274.1M
Q2 24
$235.9M
Q1 24
$209.2M
Stockholders' Equity
ASIC
ASIC
VCYT
VCYT
Q4 25
$1.3B
Q3 25
$588.6M
$1.3B
Q2 25
$559.7M
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$1.1B
Total Assets
ASIC
ASIC
VCYT
VCYT
Q4 25
$1.4B
Q3 25
$1.4B
$1.4B
Q2 25
$1.4B
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.2B
Q1 24
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASIC
ASIC
VCYT
VCYT
Operating Cash FlowLast quarter
$41.1M
$52.6M
Free Cash FlowOCF − Capex
$48.8M
FCF MarginFCF / Revenue
34.7%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
1.81×
1.28×
TTM Free Cash FlowTrailing 4 quarters
$126.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASIC
ASIC
VCYT
VCYT
Q4 25
$52.6M
Q3 25
$41.1M
$44.8M
Q2 25
$50.8M
$33.6M
Q1 25
$5.4M
Q4 24
$24.5M
Q3 24
$30.0M
Q2 24
$29.6M
Q1 24
$-9.0M
Free Cash Flow
ASIC
ASIC
VCYT
VCYT
Q4 25
$48.8M
Q3 25
$42.0M
Q2 25
$32.3M
Q1 25
$3.5M
Q4 24
$20.4M
Q3 24
$27.7M
Q2 24
$26.8M
Q1 24
$-11.1M
FCF Margin
ASIC
ASIC
VCYT
VCYT
Q4 25
34.7%
Q3 25
31.8%
Q2 25
24.8%
Q1 25
3.1%
Q4 24
17.2%
Q3 24
23.9%
Q2 24
23.4%
Q1 24
-11.5%
Capex Intensity
ASIC
ASIC
VCYT
VCYT
Q4 25
2.7%
Q3 25
2.1%
Q2 25
1.0%
Q1 25
1.6%
Q4 24
3.5%
Q3 24
1.9%
Q2 24
2.4%
Q1 24
2.2%
Cash Conversion
ASIC
ASIC
VCYT
VCYT
Q4 25
1.28×
Q3 25
1.81×
2.34×
Q2 25
2.88×
Q1 25
0.76×
Q4 24
4.80×
Q3 24
1.98×
Q2 24
5.16×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASIC
ASIC

Segment breakdown not available.

VCYT
VCYT

Testing$135.8M97%
Products$3.8M3%
Biopharmaceutical And Other$686.0K0%

Related Comparisons