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Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) 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 $112.4M, roughly 1.3× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs 29.3%, a 4.2% gap on every dollar of revenue. On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs 9.0%). Over the past eight quarters, VERACYTE, INC.'s revenue compounded faster (20.5% CAGR vs 6.4%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

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.

BY vs VCYT — Head-to-Head

Bigger by revenue
VCYT
VCYT
1.3× larger
VCYT
$140.6M
$112.4M
BY
Growing faster (revenue YoY)
VCYT
VCYT
+9.5% gap
VCYT
18.5%
9.0%
BY
Higher net margin
BY
BY
4.2% more per $
BY
33.4%
29.3%
VCYT
Faster 2-yr revenue CAGR
VCYT
VCYT
Annualised
VCYT
20.5%
6.4%
BY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
VCYT
VCYT
Revenue
$112.4M
$140.6M
Net Profit
$37.6M
$41.1M
Gross Margin
72.5%
Operating Margin
26.4%
Net Margin
33.4%
29.3%
Revenue YoY
9.0%
18.5%
Net Profit YoY
33.0%
704.8%
EPS (diluted)
$0.83
$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
BY
BY
VCYT
VCYT
Q1 26
$112.4M
Q4 25
$117.0M
$140.6M
Q3 25
$115.7M
$131.9M
Q2 25
$110.5M
$130.2M
Q1 25
$103.1M
$114.5M
Q4 24
$104.7M
$118.6M
Q3 24
$101.8M
$115.9M
Q2 24
$99.4M
$114.4M
Net Profit
BY
BY
VCYT
VCYT
Q1 26
$37.6M
Q4 25
$34.5M
$41.1M
Q3 25
$37.2M
$19.1M
Q2 25
$30.1M
$-980.0K
Q1 25
$28.2M
$7.0M
Q4 24
$30.3M
$5.1M
Q3 24
$30.3M
$15.2M
Q2 24
$29.7M
$5.7M
Gross Margin
BY
BY
VCYT
VCYT
Q1 26
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%
Operating Margin
BY
BY
VCYT
VCYT
Q1 26
Q4 25
40.1%
26.4%
Q3 25
43.1%
17.4%
Q2 25
35.2%
-4.0%
Q1 25
36.4%
2.5%
Q4 24
38.6%
3.5%
Q3 24
39.3%
10.4%
Q2 24
40.4%
4.0%
Net Margin
BY
BY
VCYT
VCYT
Q1 26
33.4%
Q4 25
34.1%
29.3%
Q3 25
32.1%
14.5%
Q2 25
27.2%
-0.8%
Q1 25
27.4%
6.2%
Q4 24
34.3%
4.3%
Q3 24
29.8%
13.1%
Q2 24
29.9%
5.0%
EPS (diluted)
BY
BY
VCYT
VCYT
Q1 26
$0.83
Q4 25
$0.77
$0.50
Q3 25
$0.82
$0.24
Q2 25
$0.66
$-0.01
Q1 25
$0.64
$0.09
Q4 24
$0.68
$0.07
Q3 24
$0.69
$0.19
Q2 24
$0.68
$0.07

Balance Sheet & Financial Strength

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

Metric
BY
BY
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$198.4M
$362.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$1.3B
Total Assets
$9.9B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
VCYT
VCYT
Q1 26
$198.4M
Q4 25
$149.1M
$362.6M
Q3 25
$259.0M
$315.6M
Q2 25
$218.3M
$219.5M
Q1 25
$421.3M
$186.1M
Q4 24
$563.1M
$239.1M
Q3 24
$452.6M
$274.1M
Q2 24
$730.5M
$235.9M
Stockholders' Equity
BY
BY
VCYT
VCYT
Q1 26
$1.3B
Q4 25
$1.3B
$1.3B
Q3 25
$1.2B
$1.3B
Q2 25
$1.2B
$1.2B
Q1 25
$1.1B
$1.2B
Q4 24
$1.1B
$1.2B
Q3 24
$1.1B
$1.2B
Q2 24
$1.0B
$1.1B
Total Assets
BY
BY
VCYT
VCYT
Q1 26
$9.9B
Q4 25
$9.7B
$1.4B
Q3 25
$9.8B
$1.4B
Q2 25
$9.7B
$1.3B
Q1 25
$9.6B
$1.3B
Q4 24
$9.5B
$1.3B
Q3 24
$9.4B
$1.3B
Q2 24
$9.6B
$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
BY
BY
VCYT
VCYT
Operating Cash FlowLast quarter
$52.6M
Free Cash FlowOCF − Capex
$48.8M
FCF MarginFCF / Revenue
34.7%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
1.28×
TTM Free Cash FlowTrailing 4 quarters
$126.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
VCYT
VCYT
Q1 26
Q4 25
$140.3M
$52.6M
Q3 25
$38.3M
$44.8M
Q2 25
$16.3M
$33.6M
Q1 25
$27.1M
$5.4M
Q4 24
$175.2M
$24.5M
Q3 24
$19.8M
$30.0M
Q2 24
$40.1M
$29.6M
Free Cash Flow
BY
BY
VCYT
VCYT
Q1 26
Q4 25
$136.3M
$48.8M
Q3 25
$38.0M
$42.0M
Q2 25
$15.2M
$32.3M
Q1 25
$25.0M
$3.5M
Q4 24
$171.2M
$20.4M
Q3 24
$19.1M
$27.7M
Q2 24
$39.4M
$26.8M
FCF Margin
BY
BY
VCYT
VCYT
Q1 26
Q4 25
116.5%
34.7%
Q3 25
32.8%
31.8%
Q2 25
13.7%
24.8%
Q1 25
24.3%
3.1%
Q4 24
163.5%
17.2%
Q3 24
18.8%
23.9%
Q2 24
39.7%
23.4%
Capex Intensity
BY
BY
VCYT
VCYT
Q1 26
Q4 25
3.4%
2.7%
Q3 25
0.3%
2.1%
Q2 25
1.0%
1.0%
Q1 25
2.0%
1.6%
Q4 24
3.8%
3.5%
Q3 24
0.6%
1.9%
Q2 24
0.7%
2.4%
Cash Conversion
BY
BY
VCYT
VCYT
Q1 26
Q4 25
4.06×
1.28×
Q3 25
1.03×
2.34×
Q2 25
0.54×
Q1 25
0.96×
0.76×
Q4 24
5.78×
4.80×
Q3 24
0.65×
1.98×
Q2 24
1.35×
5.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

VCYT
VCYT

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

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