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

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $140.6M, roughly 1.4× VERACYTE, INC.). WAFD INC runs the higher net margin — 33.5% vs 29.3%, a 4.3% gap on every dollar of revenue. On growth, VERACYTE, INC. posted the faster year-over-year revenue change (18.5% vs 11.8%). WAFD INC produced more free cash flow last quarter ($50.0M vs $48.8M). Over the past eight quarters, VERACYTE, INC.'s revenue compounded faster (20.5% CAGR vs 5.5%).

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.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

VCYT vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.4× larger
WAFD
$191.4M
$140.6M
VCYT
Growing faster (revenue YoY)
VCYT
VCYT
+6.7% gap
VCYT
18.5%
11.8%
WAFD
Higher net margin
WAFD
WAFD
4.3% more per $
WAFD
33.5%
29.3%
VCYT
More free cash flow
WAFD
WAFD
$1.2M more FCF
WAFD
$50.0M
$48.8M
VCYT
Faster 2-yr revenue CAGR
VCYT
VCYT
Annualised
VCYT
20.5%
5.5%
WAFD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
VCYT
VCYT
WAFD
WAFD
Revenue
$140.6M
$191.4M
Net Profit
$41.1M
$64.2M
Gross Margin
72.5%
Operating Margin
26.4%
43.0%
Net Margin
29.3%
33.5%
Revenue YoY
18.5%
11.8%
Net Profit YoY
704.8%
35.8%
EPS (diluted)
$0.50
$0.79

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
VCYT
VCYT
WAFD
WAFD
Q4 25
$140.6M
$191.4M
Q3 25
$131.9M
$188.3M
Q2 25
$130.2M
$186.3M
Q1 25
$114.5M
$179.8M
Q4 24
$118.6M
$171.1M
Q3 24
$115.9M
$188.7M
Q2 24
$114.4M
$194.4M
Q1 24
$96.8M
$172.0M
Net Profit
VCYT
VCYT
WAFD
WAFD
Q4 25
$41.1M
$64.2M
Q3 25
$19.1M
$60.6M
Q2 25
$-980.0K
$62.0M
Q1 25
$7.0M
$56.3M
Q4 24
$5.1M
$47.3M
Q3 24
$15.2M
$61.1M
Q2 24
$5.7M
$64.6M
Q1 24
$-1.9M
$15.9M
Gross Margin
VCYT
VCYT
WAFD
WAFD
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
VCYT
VCYT
WAFD
WAFD
Q4 25
26.4%
43.0%
Q3 25
17.4%
41.2%
Q2 25
-4.0%
42.8%
Q1 25
2.5%
40.1%
Q4 24
3.5%
35.2%
Q3 24
10.4%
42.8%
Q2 24
4.0%
42.6%
Q1 24
-4.8%
12.2%
Net Margin
VCYT
VCYT
WAFD
WAFD
Q4 25
29.3%
33.5%
Q3 25
14.5%
32.2%
Q2 25
-0.8%
33.3%
Q1 25
6.2%
31.3%
Q4 24
4.3%
27.6%
Q3 24
13.1%
32.4%
Q2 24
5.0%
33.2%
Q1 24
-1.9%
9.2%
EPS (diluted)
VCYT
VCYT
WAFD
WAFD
Q4 25
$0.50
$0.79
Q3 25
$0.24
$0.71
Q2 25
$-0.01
$0.73
Q1 25
$0.09
$0.65
Q4 24
$0.07
$0.54
Q3 24
$0.19
$0.73
Q2 24
$0.07
$0.75
Q1 24
$-0.02
$0.17

Balance Sheet & Financial Strength

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

Metric
VCYT
VCYT
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$362.6M
$734.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$3.0B
Total Assets
$1.4B
$27.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VCYT
VCYT
WAFD
WAFD
Q4 25
$362.6M
$734.9M
Q3 25
$315.6M
$657.3M
Q2 25
$219.5M
$809.3M
Q1 25
$186.1M
$1.2B
Q4 24
$239.1M
$1.5B
Q3 24
$274.1M
$2.4B
Q2 24
$235.9M
$2.5B
Q1 24
$209.2M
$1.5B
Stockholders' Equity
VCYT
VCYT
WAFD
WAFD
Q4 25
$1.3B
$3.0B
Q3 25
$1.3B
$3.0B
Q2 25
$1.2B
$3.0B
Q1 25
$1.2B
$3.0B
Q4 24
$1.2B
$3.0B
Q3 24
$1.2B
$3.0B
Q2 24
$1.1B
$3.0B
Q1 24
$1.1B
$2.9B
Total Assets
VCYT
VCYT
WAFD
WAFD
Q4 25
$1.4B
$27.3B
Q3 25
$1.4B
$26.7B
Q2 25
$1.3B
$26.7B
Q1 25
$1.3B
$27.6B
Q4 24
$1.3B
$27.7B
Q3 24
$1.3B
$28.1B
Q2 24
$1.2B
$28.6B
Q1 24
$1.2B
$30.1B

Cash Flow & Capital Efficiency

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

Metric
VCYT
VCYT
WAFD
WAFD
Operating Cash FlowLast quarter
$52.6M
$60.5M
Free Cash FlowOCF − Capex
$48.8M
$50.0M
FCF MarginFCF / Revenue
34.7%
26.1%
Capex IntensityCapex / Revenue
2.7%
5.5%
Cash ConversionOCF / Net Profit
1.28×
0.94×
TTM Free Cash FlowTrailing 4 quarters
$126.6M
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VCYT
VCYT
WAFD
WAFD
Q4 25
$52.6M
$60.5M
Q3 25
$44.8M
$237.0M
Q2 25
$33.6M
$58.0M
Q1 25
$5.4M
$72.1M
Q4 24
$24.5M
$49.4M
Q3 24
$30.0M
$439.2M
Q2 24
$29.6M
$63.1M
Q1 24
$-9.0M
$169.2M
Free Cash Flow
VCYT
VCYT
WAFD
WAFD
Q4 25
$48.8M
$50.0M
Q3 25
$42.0M
$208.2M
Q2 25
$32.3M
$53.1M
Q1 25
$3.5M
$66.6M
Q4 24
$20.4M
$43.0M
Q3 24
$27.7M
$414.6M
Q2 24
$26.8M
$58.3M
Q1 24
$-11.1M
$164.8M
FCF Margin
VCYT
VCYT
WAFD
WAFD
Q4 25
34.7%
26.1%
Q3 25
31.8%
110.6%
Q2 25
24.8%
28.5%
Q1 25
3.1%
37.0%
Q4 24
17.2%
25.1%
Q3 24
23.9%
219.7%
Q2 24
23.4%
30.0%
Q1 24
-11.5%
95.8%
Capex Intensity
VCYT
VCYT
WAFD
WAFD
Q4 25
2.7%
5.5%
Q3 25
2.1%
15.2%
Q2 25
1.0%
2.6%
Q1 25
1.6%
3.1%
Q4 24
3.5%
3.8%
Q3 24
1.9%
13.1%
Q2 24
2.4%
2.5%
Q1 24
2.2%
2.6%
Cash Conversion
VCYT
VCYT
WAFD
WAFD
Q4 25
1.28×
0.94×
Q3 25
2.34×
3.91×
Q2 25
0.94×
Q1 25
0.76×
1.28×
Q4 24
4.80×
1.05×
Q3 24
1.98×
7.18×
Q2 24
5.16×
0.98×
Q1 24
10.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

VCYT
VCYT

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

WAFD
WAFD

Segment breakdown not available.

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