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Side-by-side financial comparison of Nayax Ltd. (NYAX) 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 $78.1M, roughly 1.8× Nayax Ltd.). VERACYTE, INC. runs the higher net margin — 29.3% vs -3.9%, a 33.1% gap on every dollar of revenue. On growth, Nayax Ltd. posted the faster year-over-year revenue change (39.0% vs 18.5%).

Nayax Ltd. is a global fintech company that offers cashless, telemetry, management, monitoring, and business intelligence (BI) products and services for the vending, unattended, and other retail industries.

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.

NYAX vs VCYT — Head-to-Head

Bigger by revenue
VCYT
VCYT
1.8× larger
VCYT
$140.6M
$78.1M
NYAX
Growing faster (revenue YoY)
NYAX
NYAX
+20.5% gap
NYAX
39.0%
18.5%
VCYT
Higher net margin
VCYT
VCYT
33.1% more per $
VCYT
29.3%
-3.9%
NYAX

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
NYAX
NYAX
VCYT
VCYT
Revenue
$78.1M
$140.6M
Net Profit
$-3.0M
$41.1M
Gross Margin
44.3%
72.5%
Operating Margin
1.2%
26.4%
Net Margin
-3.9%
29.3%
Revenue YoY
39.0%
18.5%
Net Profit YoY
24.2%
704.8%
EPS (diluted)
$-0.08
$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
NYAX
NYAX
VCYT
VCYT
Q4 25
$140.6M
Q3 25
$131.9M
Q2 25
$130.2M
Q1 25
$114.5M
Q4 24
$118.6M
Q3 24
$115.9M
Q2 24
$78.1M
$114.4M
Q1 24
$96.8M
Net Profit
NYAX
NYAX
VCYT
VCYT
Q4 25
$41.1M
Q3 25
$19.1M
Q2 25
$-980.0K
Q1 25
$7.0M
Q4 24
$5.1M
Q3 24
$15.2M
Q2 24
$-3.0M
$5.7M
Q1 24
$-1.9M
Gross Margin
NYAX
NYAX
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
44.3%
68.1%
Q1 24
64.5%
Operating Margin
NYAX
NYAX
VCYT
VCYT
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
1.2%
4.0%
Q1 24
-4.8%
Net Margin
NYAX
NYAX
VCYT
VCYT
Q4 25
29.3%
Q3 25
14.5%
Q2 25
-0.8%
Q1 25
6.2%
Q4 24
4.3%
Q3 24
13.1%
Q2 24
-3.9%
5.0%
Q1 24
-1.9%
EPS (diluted)
NYAX
NYAX
VCYT
VCYT
Q4 25
$0.50
Q3 25
$0.24
Q2 25
$-0.01
Q1 25
$0.09
Q4 24
$0.07
Q3 24
$0.19
Q2 24
$-0.08
$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
NYAX
NYAX
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$61.9M
$362.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$158.7M
$1.3B
Total Assets
$434.7M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NYAX
NYAX
VCYT
VCYT
Q4 25
$362.6M
Q3 25
$315.6M
Q2 25
$219.5M
Q1 25
$186.1M
Q4 24
$239.1M
Q3 24
$274.1M
Q2 24
$61.9M
$235.9M
Q1 24
$209.2M
Stockholders' Equity
NYAX
NYAX
VCYT
VCYT
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$158.7M
$1.1B
Q1 24
$1.1B
Total Assets
NYAX
NYAX
VCYT
VCYT
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$434.7M
$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
NYAX
NYAX
VCYT
VCYT
Operating Cash FlowLast quarter
$9.2M
$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
NYAX
NYAX
VCYT
VCYT
Q4 25
$52.6M
Q3 25
$44.8M
Q2 25
$33.6M
Q1 25
$5.4M
Q4 24
$24.5M
Q3 24
$30.0M
Q2 24
$9.2M
$29.6M
Q1 24
$-9.0M
Free Cash Flow
NYAX
NYAX
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
NYAX
NYAX
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
NYAX
NYAX
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
NYAX
NYAX
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

NYAX
NYAX

Segment breakdown not available.

VCYT
VCYT

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

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