vs

Side-by-side financial comparison of Nine Energy Service, Inc. (NINE) 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 $132.2M, roughly 1.1× Nine Energy Service, Inc.). VERACYTE, INC. runs the higher net margin — 29.3% vs -14.5%, a 43.8% gap on every dollar of revenue. On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs -6.5%). VERACYTE, INC. produced more free cash flow last quarter ($48.8M vs $-4.8M). Over the past eight quarters, VERACYTE, INC.'s revenue compounded faster (20.5% CAGR vs -3.6%).

Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.

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.

NINE vs VCYT — Head-to-Head

Bigger by revenue
VCYT
VCYT
1.1× larger
VCYT
$140.6M
$132.2M
NINE
Growing faster (revenue YoY)
VCYT
VCYT
+25.1% gap
VCYT
18.5%
-6.5%
NINE
Higher net margin
VCYT
VCYT
43.8% more per $
VCYT
29.3%
-14.5%
NINE
More free cash flow
VCYT
VCYT
$53.6M more FCF
VCYT
$48.8M
$-4.8M
NINE
Faster 2-yr revenue CAGR
VCYT
VCYT
Annualised
VCYT
20.5%
-3.6%
NINE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NINE
NINE
VCYT
VCYT
Revenue
$132.2M
$140.6M
Net Profit
$-19.2M
$41.1M
Gross Margin
72.5%
Operating Margin
-4.2%
26.4%
Net Margin
-14.5%
29.3%
Revenue YoY
-6.5%
18.5%
Net Profit YoY
-117.4%
704.8%
EPS (diluted)
$-0.47
$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
NINE
NINE
VCYT
VCYT
Q4 25
$132.2M
$140.6M
Q3 25
$132.0M
$131.9M
Q2 25
$147.3M
$130.2M
Q1 25
$150.5M
$114.5M
Q4 24
$141.4M
$118.6M
Q3 24
$138.2M
$115.9M
Q2 24
$132.4M
$114.4M
Q1 24
$142.1M
$96.8M
Net Profit
NINE
NINE
VCYT
VCYT
Q4 25
$-19.2M
$41.1M
Q3 25
$-14.6M
$19.1M
Q2 25
$-10.4M
$-980.0K
Q1 25
$-7.1M
$7.0M
Q4 24
$-8.8M
$5.1M
Q3 24
$-10.1M
$15.2M
Q2 24
$-14.0M
$5.7M
Q1 24
$-8.1M
$-1.9M
Gross Margin
NINE
NINE
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
NINE
NINE
VCYT
VCYT
Q4 25
-4.2%
26.4%
Q3 25
-0.9%
17.4%
Q2 25
2.3%
-4.0%
Q1 25
3.7%
2.5%
Q4 24
2.5%
3.5%
Q3 24
1.8%
10.4%
Q2 24
-1.1%
4.0%
Q1 24
3.1%
-4.8%
Net Margin
NINE
NINE
VCYT
VCYT
Q4 25
-14.5%
29.3%
Q3 25
-11.1%
14.5%
Q2 25
-7.1%
-0.8%
Q1 25
-4.7%
6.2%
Q4 24
-6.3%
4.3%
Q3 24
-7.3%
13.1%
Q2 24
-10.6%
5.0%
Q1 24
-5.7%
-1.9%
EPS (diluted)
NINE
NINE
VCYT
VCYT
Q4 25
$-0.47
$0.50
Q3 25
$-0.35
$0.24
Q2 25
$-0.25
$-0.01
Q1 25
$-0.18
$0.09
Q4 24
$-0.21
$0.07
Q3 24
$-0.26
$0.19
Q2 24
$-0.40
$0.07
Q1 24
$-0.24
$-0.02

Balance Sheet & Financial Strength

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

Metric
NINE
NINE
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$18.4M
$362.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-115.0M
$1.3B
Total Assets
$339.5M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NINE
NINE
VCYT
VCYT
Q4 25
$18.4M
$362.6M
Q3 25
$14.4M
$315.6M
Q2 25
$14.2M
$219.5M
Q1 25
$17.3M
$186.1M
Q4 24
$27.9M
$239.1M
Q3 24
$15.7M
$274.1M
Q2 24
$26.0M
$235.9M
Q1 24
$10.2M
$209.2M
Stockholders' Equity
NINE
NINE
VCYT
VCYT
Q4 25
$-115.0M
$1.3B
Q3 25
$-95.9M
$1.3B
Q2 25
$-81.7M
$1.2B
Q1 25
$-72.1M
$1.2B
Q4 24
$-66.1M
$1.2B
Q3 24
$-57.6M
$1.2B
Q2 24
$-49.7M
$1.1B
Q1 24
$-43.3M
$1.1B
Total Assets
NINE
NINE
VCYT
VCYT
Q4 25
$339.5M
$1.4B
Q3 25
$340.7M
$1.4B
Q2 25
$361.2M
$1.3B
Q1 25
$359.2M
$1.3B
Q4 24
$360.1M
$1.3B
Q3 24
$353.2M
$1.3B
Q2 24
$381.7M
$1.2B
Q1 24
$380.4M
$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
NINE
NINE
VCYT
VCYT
Operating Cash FlowLast quarter
$-2.2M
$52.6M
Free Cash FlowOCF − Capex
$-4.8M
$48.8M
FCF MarginFCF / Revenue
-3.6%
34.7%
Capex IntensityCapex / Revenue
2.0%
2.7%
Cash ConversionOCF / Net Profit
1.28×
TTM Free Cash FlowTrailing 4 quarters
$-23.3M
$126.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NINE
NINE
VCYT
VCYT
Q4 25
$-2.2M
$52.6M
Q3 25
$-9.9M
$44.8M
Q2 25
$10.1M
$33.6M
Q1 25
$-5.3M
$5.4M
Q4 24
$15.0M
$24.5M
Q3 24
$-5.8M
$30.0M
Q2 24
$12.9M
$29.6M
Q1 24
$-8.8M
$-9.0M
Free Cash Flow
NINE
NINE
VCYT
VCYT
Q4 25
$-4.8M
$48.8M
Q3 25
$-13.4M
$42.0M
Q2 25
$4.2M
$32.3M
Q1 25
$-9.3M
$3.5M
Q4 24
$11.8M
$20.4M
Q3 24
$-9.3M
$27.7M
Q2 24
$10.3M
$26.8M
Q1 24
$-14.3M
$-11.1M
FCF Margin
NINE
NINE
VCYT
VCYT
Q4 25
-3.6%
34.7%
Q3 25
-10.2%
31.8%
Q2 25
2.9%
24.8%
Q1 25
-6.2%
3.1%
Q4 24
8.3%
17.2%
Q3 24
-6.7%
23.9%
Q2 24
7.7%
23.4%
Q1 24
-10.1%
-11.5%
Capex Intensity
NINE
NINE
VCYT
VCYT
Q4 25
2.0%
2.7%
Q3 25
2.6%
2.1%
Q2 25
4.0%
1.0%
Q1 25
2.6%
1.6%
Q4 24
2.3%
3.5%
Q3 24
2.5%
1.9%
Q2 24
2.0%
2.4%
Q1 24
3.9%
2.2%
Cash Conversion
NINE
NINE
VCYT
VCYT
Q4 25
1.28×
Q3 25
2.34×
Q2 25
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

NINE
NINE

Cement$52.6M40%
Tool Revenue$28.6M22%
Coiled Tubing$25.8M20%
Wireline$25.1M19%

VCYT
VCYT

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

Related Comparisons