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Side-by-side financial comparison of TOYO Co., Ltd (TOYO) 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 $139.1M, roughly 1.0× TOYO Co., Ltd). VERACYTE, INC. runs the higher net margin — 29.3% vs 2.5%, a 26.8% gap on every dollar of revenue. On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs 0.7%). VERACYTE, INC. produced more free cash flow last quarter ($48.8M vs $-7.1M).

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

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.

TOYO vs VCYT — Head-to-Head

Bigger by revenue
VCYT
VCYT
1.0× larger
VCYT
$140.6M
$139.1M
TOYO
Growing faster (revenue YoY)
VCYT
VCYT
+17.8% gap
VCYT
18.5%
0.7%
TOYO
Higher net margin
VCYT
VCYT
26.8% more per $
VCYT
29.3%
2.5%
TOYO
More free cash flow
VCYT
VCYT
$55.9M more FCF
VCYT
$48.8M
$-7.1M
TOYO

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
TOYO
TOYO
VCYT
VCYT
Revenue
$139.1M
$140.6M
Net Profit
$3.5M
$41.1M
Gross Margin
16.6%
72.5%
Operating Margin
7.0%
26.4%
Net Margin
2.5%
29.3%
Revenue YoY
0.7%
18.5%
Net Profit YoY
-82.3%
704.8%
EPS (diluted)
$0.10
$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
TOYO
TOYO
VCYT
VCYT
Q4 25
$140.6M
Q3 25
$131.9M
Q2 25
$139.1M
$130.2M
Q1 25
$114.5M
Q4 24
$118.6M
Q3 24
$115.9M
Q2 24
$138.1M
$114.4M
Q1 24
$96.8M
Net Profit
TOYO
TOYO
VCYT
VCYT
Q4 25
$41.1M
Q3 25
$19.1M
Q2 25
$3.5M
$-980.0K
Q1 25
$7.0M
Q4 24
$5.1M
Q3 24
$15.2M
Q2 24
$19.6M
$5.7M
Q1 24
$-1.9M
Gross Margin
TOYO
TOYO
VCYT
VCYT
Q4 25
72.5%
Q3 25
69.2%
Q2 25
16.6%
69.0%
Q1 25
69.5%
Q4 24
66.4%
Q3 24
68.2%
Q2 24
19.3%
68.1%
Q1 24
64.5%
Operating Margin
TOYO
TOYO
VCYT
VCYT
Q4 25
26.4%
Q3 25
17.4%
Q2 25
7.0%
-4.0%
Q1 25
2.5%
Q4 24
3.5%
Q3 24
10.4%
Q2 24
16.3%
4.0%
Q1 24
-4.8%
Net Margin
TOYO
TOYO
VCYT
VCYT
Q4 25
29.3%
Q3 25
14.5%
Q2 25
2.5%
-0.8%
Q1 25
6.2%
Q4 24
4.3%
Q3 24
13.1%
Q2 24
14.2%
5.0%
Q1 24
-1.9%
EPS (diluted)
TOYO
TOYO
VCYT
VCYT
Q4 25
$0.50
Q3 25
$0.24
Q2 25
$0.10
$-0.01
Q1 25
$0.09
Q4 24
$0.07
Q3 24
$0.19
Q2 24
$0.48
$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
TOYO
TOYO
VCYT
VCYT
Cash + ST InvestmentsLiquidity on hand
$362.6M
Total DebtLower is stronger
$13.7M
Stockholders' EquityBook value
$67.0M
$1.3B
Total Assets
$353.6M
$1.4B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TOYO
TOYO
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
$235.9M
Q1 24
$209.2M
Total Debt
TOYO
TOYO
VCYT
VCYT
Q4 25
Q3 25
Q2 25
$13.7M
Q1 25
Q4 24
Q3 24
Q2 24
$22.4M
Q1 24
Stockholders' Equity
TOYO
TOYO
VCYT
VCYT
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$67.0M
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$73.4M
$1.1B
Q1 24
$1.1B
Total Assets
TOYO
TOYO
VCYT
VCYT
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$353.6M
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$241.4M
$1.2B
Q1 24
$1.2B
Debt / Equity
TOYO
TOYO
VCYT
VCYT
Q4 25
Q3 25
Q2 25
0.20×
Q1 25
Q4 24
Q3 24
Q2 24
0.31×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
TOYO
TOYO
VCYT
VCYT
Operating Cash FlowLast quarter
$40.0M
$52.6M
Free Cash FlowOCF − Capex
$-7.1M
$48.8M
FCF MarginFCF / Revenue
-5.1%
34.7%
Capex IntensityCapex / Revenue
33.9%
2.7%
Cash ConversionOCF / Net Profit
11.55×
1.28×
TTM Free Cash FlowTrailing 4 quarters
$126.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TOYO
TOYO
VCYT
VCYT
Q4 25
$52.6M
Q3 25
$44.8M
Q2 25
$40.0M
$33.6M
Q1 25
$5.4M
Q4 24
$24.5M
Q3 24
$30.0M
Q2 24
$21.8M
$29.6M
Q1 24
$-9.0M
Free Cash Flow
TOYO
TOYO
VCYT
VCYT
Q4 25
$48.8M
Q3 25
$42.0M
Q2 25
$-7.1M
$32.3M
Q1 25
$3.5M
Q4 24
$20.4M
Q3 24
$27.7M
Q2 24
$5.2M
$26.8M
Q1 24
$-11.1M
FCF Margin
TOYO
TOYO
VCYT
VCYT
Q4 25
34.7%
Q3 25
31.8%
Q2 25
-5.1%
24.8%
Q1 25
3.1%
Q4 24
17.2%
Q3 24
23.9%
Q2 24
3.8%
23.4%
Q1 24
-11.5%
Capex Intensity
TOYO
TOYO
VCYT
VCYT
Q4 25
2.7%
Q3 25
2.1%
Q2 25
33.9%
1.0%
Q1 25
1.6%
Q4 24
3.5%
Q3 24
1.9%
Q2 24
12.0%
2.4%
Q1 24
2.2%
Cash Conversion
TOYO
TOYO
VCYT
VCYT
Q4 25
1.28×
Q3 25
2.34×
Q2 25
11.55×
Q1 25
0.76×
Q4 24
4.80×
Q3 24
1.98×
Q2 24
1.11×
5.16×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

TOYO
TOYO

Segment breakdown not available.

VCYT
VCYT

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

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