vs

Side-by-side financial comparison of Healthcare Realty Trust Inc (HR) and VERACYTE, INC. (VCYT). Click either name above to swap in a different company.

Healthcare Realty Trust Inc is the larger business by last-quarter revenue ($279.0M vs $140.6M, roughly 2.0× VERACYTE, INC.). VERACYTE, INC. runs the higher net margin — 29.3% vs -0.0%, a 29.3% gap on every dollar of revenue. On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs 5.9%). Over the past eight quarters, VERACYTE, INC.'s revenue compounded faster (20.5% CAGR vs -6.1%).

Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.

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.

HR vs VCYT — Head-to-Head

Bigger by revenue
HR
HR
2.0× larger
HR
$279.0M
$140.6M
VCYT
Growing faster (revenue YoY)
VCYT
VCYT
+12.6% gap
VCYT
18.5%
5.9%
HR
Higher net margin
VCYT
VCYT
29.3% more per $
VCYT
29.3%
-0.0%
HR
Faster 2-yr revenue CAGR
VCYT
VCYT
Annualised
VCYT
20.5%
-6.1%
HR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HR
HR
VCYT
VCYT
Revenue
$279.0M
$140.6M
Net Profit
$-56.0K
$41.1M
Gross Margin
72.5%
Operating Margin
26.4%
Net Margin
-0.0%
29.3%
Revenue YoY
5.9%
18.5%
Net Profit YoY
704.8%
EPS (diluted)
$0.00
$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
HR
HR
VCYT
VCYT
Q1 26
$279.0M
Q4 25
$286.3M
$140.6M
Q3 25
$297.8M
$131.9M
Q2 25
$297.5M
$130.2M
Q1 25
$299.0M
$114.5M
Q4 24
$309.8M
$118.6M
Q3 24
$315.4M
$115.9M
Q2 24
$316.3M
$114.4M
Net Profit
HR
HR
VCYT
VCYT
Q1 26
$-56.0K
Q4 25
$14.6M
$41.1M
Q3 25
$-57.7M
$19.1M
Q2 25
$-157.9M
$-980.0K
Q1 25
$-44.9M
$7.0M
Q4 24
$-108.2M
$5.1M
Q3 24
$-93.0M
$15.2M
Q2 24
$-143.8M
$5.7M
Gross Margin
HR
HR
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
HR
HR
VCYT
VCYT
Q1 26
Q4 25
26.4%
Q3 25
17.4%
Q2 25
-4.0%
Q1 25
2.5%
Q4 24
3.5%
Q3 24
10.4%
Q2 24
4.0%
Net Margin
HR
HR
VCYT
VCYT
Q1 26
-0.0%
Q4 25
183.4%
29.3%
Q3 25
-19.4%
14.5%
Q2 25
-53.1%
-0.8%
Q1 25
-15.0%
6.2%
Q4 24
-1924.1%
4.3%
Q3 24
-29.5%
13.1%
Q2 24
-45.5%
5.0%
EPS (diluted)
HR
HR
VCYT
VCYT
Q1 26
$0.00
Q4 25
$0.04
$0.50
Q3 25
$-0.17
$0.24
Q2 25
$-0.45
$-0.01
Q1 25
$-0.13
$0.09
Q4 24
$-0.34
$0.07
Q3 24
$-0.26
$0.19
Q2 24
$-0.39
$0.07

Balance Sheet & Financial Strength

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

Metric
HR
HR
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$26.2M
$362.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4B
$1.3B
Total Assets
$9.1B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HR
HR
VCYT
VCYT
Q1 26
$26.2M
Q4 25
$26.2M
$362.6M
Q3 25
$43.3M
$315.6M
Q2 25
$25.5M
$219.5M
Q1 25
$25.7M
$186.1M
Q4 24
$68.9M
$239.1M
Q3 24
$22.8M
$274.1M
Q2 24
$41.8M
$235.9M
Total Debt
HR
HR
VCYT
VCYT
Q1 26
Q4 25
$3.9B
Q3 25
$4.5B
Q2 25
$4.7B
Q1 25
$4.7B
Q4 24
$4.7B
Q3 24
$5.0B
Q2 24
$5.1B
Stockholders' Equity
HR
HR
VCYT
VCYT
Q1 26
$4.4B
Q4 25
$4.6B
$1.3B
Q3 25
$4.7B
$1.3B
Q2 25
$4.8B
$1.2B
Q1 25
$5.1B
$1.2B
Q4 24
$5.2B
$1.2B
Q3 24
$5.5B
$1.2B
Q2 24
$5.9B
$1.1B
Total Assets
HR
HR
VCYT
VCYT
Q1 26
$9.1B
Q4 25
$9.2B
$1.4B
Q3 25
$9.9B
$1.4B
Q2 25
$10.2B
$1.3B
Q1 25
$10.5B
$1.3B
Q4 24
$10.7B
$1.3B
Q3 24
$11.2B
$1.3B
Q2 24
$11.8B
$1.2B
Debt / Equity
HR
HR
VCYT
VCYT
Q1 26
Q4 25
0.85×
Q3 25
0.96×
Q2 25
0.97×
Q1 25
0.93×
Q4 24
0.89×
Q3 24
0.90×
Q2 24
0.87×

Cash Flow & Capital Efficiency

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

Metric
HR
HR
VCYT
VCYT
Operating Cash FlowLast quarter
$52.6M
Free Cash FlowOCF − Capex
$48.8M
FCF MarginFCF / Revenue
34.7%
Capex IntensityCapex / Revenue
9.7%
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
HR
HR
VCYT
VCYT
Q1 26
Q4 25
$457.1M
$52.6M
Q3 25
$113.8M
$44.8M
Q2 25
$163.2M
$33.6M
Q1 25
$47.8M
$5.4M
Q4 24
$501.6M
$24.5M
Q3 24
$119.3M
$30.0M
Q2 24
$168.2M
$29.6M
Free Cash Flow
HR
HR
VCYT
VCYT
Q1 26
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
FCF Margin
HR
HR
VCYT
VCYT
Q1 26
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%
Capex Intensity
HR
HR
VCYT
VCYT
Q1 26
9.7%
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%
Cash Conversion
HR
HR
VCYT
VCYT
Q1 26
Q4 25
31.33×
1.28×
Q3 25
2.34×
Q2 25
Q1 25
0.76×
Q4 24
4.80×
Q3 24
1.98×
Q2 24
5.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HR
HR

Rental income$267.6M96%
Other$11.4M4%

VCYT
VCYT

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

Related Comparisons