vs

Side-by-side financial comparison of Ranpak Holdings Corp. (PACK) 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 $93.7M, roughly 1.5× Ranpak Holdings Corp.). On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs 2.3%). Over the past eight quarters, VERACYTE, INC.'s revenue compounded faster (20.5% CAGR vs 13.7%).

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

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.

PACK vs VCYT — Head-to-Head

Bigger by revenue
VCYT
VCYT
1.5× larger
VCYT
$140.6M
$93.7M
PACK
Growing faster (revenue YoY)
VCYT
VCYT
+16.3% gap
VCYT
18.5%
2.3%
PACK
Faster 2-yr revenue CAGR
VCYT
VCYT
Annualised
VCYT
20.5%
13.7%
PACK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACK
PACK
VCYT
VCYT
Revenue
$93.7M
$140.6M
Net Profit
$41.1M
Gross Margin
39.0%
72.5%
Operating Margin
-1.0%
26.4%
Net Margin
29.3%
Revenue YoY
2.3%
18.5%
Net Profit YoY
704.8%
EPS (diluted)
$-0.11
$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
PACK
PACK
VCYT
VCYT
Q4 25
$93.7M
$140.6M
Q3 25
$83.6M
$131.9M
Q2 25
$77.8M
$130.2M
Q1 25
$77.6M
$114.5M
Q4 24
$91.6M
$118.6M
Q3 24
$78.6M
$115.9M
Q2 24
$72.8M
$114.4M
Q1 24
$72.5M
$96.8M
Net Profit
PACK
PACK
VCYT
VCYT
Q4 25
$41.1M
Q3 25
$-10.4M
$19.1M
Q2 25
$-7.5M
$-980.0K
Q1 25
$-10.9M
$7.0M
Q4 24
$5.1M
Q3 24
$-8.1M
$15.2M
Q2 24
$5.5M
$5.7M
Q1 24
$-8.1M
$-1.9M
Gross Margin
PACK
PACK
VCYT
VCYT
Q4 25
39.0%
72.5%
Q3 25
41.1%
69.2%
Q2 25
37.1%
69.0%
Q1 25
39.8%
69.5%
Q4 24
45.2%
66.4%
Q3 24
43.8%
68.2%
Q2 24
43.5%
68.1%
Q1 24
44.6%
64.5%
Operating Margin
PACK
PACK
VCYT
VCYT
Q4 25
-1.0%
26.4%
Q3 25
-6.8%
17.4%
Q2 25
-12.5%
-4.0%
Q1 25
-10.3%
2.5%
Q4 24
1.5%
3.5%
Q3 24
-5.3%
10.4%
Q2 24
-7.1%
4.0%
Q1 24
-6.6%
-4.8%
Net Margin
PACK
PACK
VCYT
VCYT
Q4 25
29.3%
Q3 25
-12.4%
14.5%
Q2 25
-9.6%
-0.8%
Q1 25
-14.0%
6.2%
Q4 24
4.3%
Q3 24
-10.3%
13.1%
Q2 24
7.6%
5.0%
Q1 24
-11.2%
-1.9%
EPS (diluted)
PACK
PACK
VCYT
VCYT
Q4 25
$-0.11
$0.50
Q3 25
$-0.12
$0.24
Q2 25
$-0.09
$-0.01
Q1 25
$-0.13
$0.09
Q4 24
$-0.13
$0.07
Q3 24
$-0.10
$0.19
Q2 24
$0.07
$0.07
Q1 24
$-0.10
$-0.02

Balance Sheet & Financial Strength

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

Metric
PACK
PACK
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$63.0M
$362.6M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$534.9M
$1.3B
Total Assets
$1.1B
$1.4B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACK
PACK
VCYT
VCYT
Q4 25
$63.0M
$362.6M
Q3 25
$49.9M
$315.6M
Q2 25
$49.2M
$219.5M
Q1 25
$65.5M
$186.1M
Q4 24
$76.1M
$239.1M
Q3 24
$69.5M
$274.1M
Q2 24
$65.1M
$235.9M
Q1 24
$55.1M
$209.2M
Total Debt
PACK
PACK
VCYT
VCYT
Q4 25
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Q1 24
$396.7M
Stockholders' Equity
PACK
PACK
VCYT
VCYT
Q4 25
$534.9M
$1.3B
Q3 25
$537.8M
$1.3B
Q2 25
$539.0M
$1.2B
Q1 25
$544.1M
$1.2B
Q4 24
$548.1M
$1.2B
Q3 24
$564.3M
$1.2B
Q2 24
$566.2M
$1.1B
Q1 24
$560.0M
$1.1B
Total Assets
PACK
PACK
VCYT
VCYT
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
$1.4B
Q2 25
$1.1B
$1.3B
Q1 25
$1.1B
$1.3B
Q4 24
$1.1B
$1.3B
Q3 24
$1.1B
$1.3B
Q2 24
$1.1B
$1.2B
Q1 24
$1.1B
$1.2B
Debt / Equity
PACK
PACK
VCYT
VCYT
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×
Q1 24
0.71×

Cash Flow & Capital Efficiency

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

Metric
PACK
PACK
VCYT
VCYT
Operating Cash FlowLast quarter
$19.5M
$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
PACK
PACK
VCYT
VCYT
Q4 25
$19.5M
$52.6M
Q3 25
$8.5M
$44.8M
Q2 25
$-3.6M
$33.6M
Q1 25
$-1.3M
$5.4M
Q4 24
$6.5M
$24.5M
Q3 24
$10.1M
$30.0M
Q2 24
$19.6M
$29.6M
Q1 24
$5.2M
$-9.0M
Free Cash Flow
PACK
PACK
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
PACK
PACK
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
PACK
PACK
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
PACK
PACK
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
3.56×
5.16×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

VCYT
VCYT

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

Related Comparisons