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Side-by-side financial comparison of ONESPAWORLD HOLDINGS Ltd (OSW) and VERACYTE, INC. (VCYT). Click either name above to swap in a different company.

ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $140.6M, roughly 1.7× VERACYTE, INC.). VERACYTE, INC. runs the higher net margin — 29.3% vs 5.0%, a 24.3% gap on every dollar of revenue. On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs 11.5%). VERACYTE, INC. produced more free cash flow last quarter ($48.8M vs $14.9M). Over the past eight quarters, VERACYTE, INC.'s revenue compounded faster (20.5% CAGR vs 7.1%).

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.

OSW vs VCYT — Head-to-Head

Bigger by revenue
OSW
OSW
1.7× larger
OSW
$242.1M
$140.6M
VCYT
Growing faster (revenue YoY)
VCYT
VCYT
+7.1% gap
VCYT
18.5%
11.5%
OSW
Higher net margin
VCYT
VCYT
24.3% more per $
VCYT
29.3%
5.0%
OSW
More free cash flow
VCYT
VCYT
$33.9M more FCF
VCYT
$48.8M
$14.9M
OSW
Faster 2-yr revenue CAGR
VCYT
VCYT
Annualised
VCYT
20.5%
7.1%
OSW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OSW
OSW
VCYT
VCYT
Revenue
$242.1M
$140.6M
Net Profit
$12.1M
$41.1M
Gross Margin
72.5%
Operating Margin
6.8%
26.4%
Net Margin
5.0%
29.3%
Revenue YoY
11.5%
18.5%
Net Profit YoY
-16.2%
704.8%
EPS (diluted)
$0.12
$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
OSW
OSW
VCYT
VCYT
Q4 25
$242.1M
$140.6M
Q3 25
$258.5M
$131.9M
Q2 25
$240.7M
$130.2M
Q1 25
$219.6M
$114.5M
Q4 24
$217.2M
$118.6M
Q3 24
$241.7M
$115.9M
Q2 24
$224.9M
$114.4M
Q1 24
$211.2M
$96.8M
Net Profit
OSW
OSW
VCYT
VCYT
Q4 25
$12.1M
$41.1M
Q3 25
$24.3M
$19.1M
Q2 25
$19.9M
$-980.0K
Q1 25
$15.3M
$7.0M
Q4 24
$14.4M
$5.1M
Q3 24
$21.6M
$15.2M
Q2 24
$15.8M
$5.7M
Q1 24
$21.2M
$-1.9M
Gross Margin
OSW
OSW
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
OSW
OSW
VCYT
VCYT
Q4 25
6.8%
26.4%
Q3 25
10.2%
17.4%
Q2 25
9.2%
-4.0%
Q1 25
7.7%
2.5%
Q4 24
7.9%
3.5%
Q3 24
10.3%
10.4%
Q2 24
8.4%
4.0%
Q1 24
8.0%
-4.8%
Net Margin
OSW
OSW
VCYT
VCYT
Q4 25
5.0%
29.3%
Q3 25
9.4%
14.5%
Q2 25
8.3%
-0.8%
Q1 25
7.0%
6.2%
Q4 24
6.6%
4.3%
Q3 24
8.9%
13.1%
Q2 24
7.0%
5.0%
Q1 24
10.0%
-1.9%
EPS (diluted)
OSW
OSW
VCYT
VCYT
Q4 25
$0.12
$0.50
Q3 25
$0.23
$0.24
Q2 25
$0.19
$-0.01
Q1 25
$0.15
$0.09
Q4 24
$0.13
$0.07
Q3 24
$0.20
$0.19
Q2 24
$0.15
$0.07
Q1 24
$0.21
$-0.02

Balance Sheet & Financial Strength

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

Metric
OSW
OSW
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$16.3M
$362.6M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$542.6M
$1.3B
Total Assets
$707.1M
$1.4B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OSW
OSW
VCYT
VCYT
Q4 25
$16.3M
$362.6M
Q3 25
$29.6M
$315.6M
Q2 25
$35.0M
$219.5M
Q1 25
$22.6M
$186.1M
Q4 24
$57.4M
$239.1M
Q3 24
$48.8M
$274.1M
Q2 24
$62.5M
$235.9M
Q1 24
$65.4M
$209.2M
Total Debt
OSW
OSW
VCYT
VCYT
Q4 25
$84.0M
Q3 25
$85.2M
Q2 25
$96.2M
Q1 25
$97.4M
Q4 24
$98.6M
Q3 24
$98.7M
Q2 24
$123.8M
Q1 24
$138.6M
Stockholders' Equity
OSW
OSW
VCYT
VCYT
Q4 25
$542.6M
$1.3B
Q3 25
$552.8M
$1.3B
Q2 25
$548.3M
$1.2B
Q1 25
$530.6M
$1.2B
Q4 24
$554.5M
$1.2B
Q3 24
$540.1M
$1.2B
Q2 24
$532.7M
$1.1B
Q1 24
$515.5M
$1.1B
Total Assets
OSW
OSW
VCYT
VCYT
Q4 25
$707.1M
$1.4B
Q3 25
$732.6M
$1.4B
Q2 25
$731.8M
$1.3B
Q1 25
$708.7M
$1.3B
Q4 24
$746.4M
$1.3B
Q3 24
$734.0M
$1.3B
Q2 24
$756.8M
$1.2B
Q1 24
$763.6M
$1.2B
Debt / Equity
OSW
OSW
VCYT
VCYT
Q4 25
0.15×
Q3 25
0.15×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.18×
Q2 24
0.23×
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
OSW
OSW
VCYT
VCYT
Operating Cash FlowLast quarter
$20.0M
$52.6M
Free Cash FlowOCF − Capex
$14.9M
$48.8M
FCF MarginFCF / Revenue
6.2%
34.7%
Capex IntensityCapex / Revenue
2.1%
2.7%
Cash ConversionOCF / Net Profit
1.65×
1.28×
TTM Free Cash FlowTrailing 4 quarters
$68.4M
$126.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OSW
OSW
VCYT
VCYT
Q4 25
$20.0M
$52.6M
Q3 25
$33.2M
$44.8M
Q2 25
$20.3M
$33.6M
Q1 25
$10.1M
$5.4M
Q4 24
$16.6M
$24.5M
Q3 24
$28.6M
$30.0M
Q2 24
$18.7M
$29.6M
Q1 24
$15.0M
$-9.0M
Free Cash Flow
OSW
OSW
VCYT
VCYT
Q4 25
$14.9M
$48.8M
Q3 25
$27.6M
$42.0M
Q2 25
$17.6M
$32.3M
Q1 25
$8.4M
$3.5M
Q4 24
$13.2M
$20.4M
Q3 24
$27.5M
$27.7M
Q2 24
$17.6M
$26.8M
Q1 24
$13.7M
$-11.1M
FCF Margin
OSW
OSW
VCYT
VCYT
Q4 25
6.2%
34.7%
Q3 25
10.7%
31.8%
Q2 25
7.3%
24.8%
Q1 25
3.8%
3.1%
Q4 24
6.1%
17.2%
Q3 24
11.4%
23.9%
Q2 24
7.8%
23.4%
Q1 24
6.5%
-11.5%
Capex Intensity
OSW
OSW
VCYT
VCYT
Q4 25
2.1%
2.7%
Q3 25
2.2%
2.1%
Q2 25
1.1%
1.0%
Q1 25
0.8%
1.6%
Q4 24
1.5%
3.5%
Q3 24
0.5%
1.9%
Q2 24
0.5%
2.4%
Q1 24
0.6%
2.2%
Cash Conversion
OSW
OSW
VCYT
VCYT
Q4 25
1.65×
1.28×
Q3 25
1.36×
2.34×
Q2 25
1.02×
Q1 25
0.66×
0.76×
Q4 24
1.15×
4.80×
Q3 24
1.33×
1.98×
Q2 24
1.19×
5.16×
Q1 24
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OSW
OSW

Services$197.3M82%
Products$44.8M18%

VCYT
VCYT

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

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