Vericel Corporation (VCEL)

Vericel Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	238.54	237.22	197.52	163.7	153.08	121.97
Other Revenue	-	-	-	0.67	3.11	2.21
Revenue	238.54	237.22	197.52	164.37	156.18	124.18
Revenue Growth (YoY)	14.80%	20.10%	20.17%	5.24%	25.77%	5.37%
Cost of Revenue	65.52	65.12	61.94	54.58	50.16	39.95
Gross Profit	173.03	172.11	135.58	109.79	106.03	84.23
Selling, General & Admin	150.2	142.79	121	106.9	97.59	68.84
Research & Development	25.64	24.8	21.04	19.94	16.29	13.02
Operating Expenses	175.84	167.59	142.04	126.85	113.88	81.86
Operating Income	-2.81	4.52	-6.46	-17.06	-7.85	2.37
Interest Expense	-0.61	-0.61	-0.6	-0.37	-0	-0.01
Interest & Investment Income	6.31	6.41	4.63	1.34	0.22	0.69
Other Non Operating Income (Expenses)	0.24	0.2	0.06	0.1	0.05	-0.01
EBT Excluding Unusual Items	3.13	10.51	-2.37	-15.99	-7.58	3.04
Pretax Income	3.13	10.51	-2.37	-15.99	-7.58	3.04
Income Tax Expense	0.15	0.15	0.81	0.72	-0.11	0.18
Net Income	2.98	10.36	-3.18	-16.71	-7.47	2.86
Net Income to Common	2.98	10.36	-3.18	-16.71	-7.47	2.86
Shares Outstanding (Basic)	49	49	48	47	46	45
Shares Outstanding (Diluted)	52	52	48	47	46	47
Shares Change (YoY)	9.09%	8.59%	0.98%	1.42%	-1.71%	7.02%
EPS (Basic)	0.06	0.21	-0.07	-0.35	-0.16	0.06
EPS (Diluted)	0.05	0.20	-0.07	-0.35	-0.16	0.06
Free Cash Flow	-6.61	-5.81	15.3	10.09	21.13	14.95
Free Cash Flow Per Share	-0.13	-0.11	0.32	0.21	0.46	0.32
Gross Margin	72.54%	72.55%	68.64%	66.80%	67.88%	67.83%
Operating Margin	-1.18%	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Profit Margin	1.25%	4.37%	-1.61%	-10.17%	-4.78%	2.31%
Free Cash Flow Margin	-2.77%	-2.45%	7.75%	6.14%	13.53%	12.04%
EBITDA	4	10.02	-1.83	-13.08	-4.89	4.76
EBITDA Margin	1.68%	4.23%	-0.93%	-7.96%	-3.13%	3.83%
D&A For EBITDA	6.81	5.5	4.63	3.98	2.97	2.38
EBIT	-2.81	4.52	-6.46	-17.06	-7.85	2.37
EBIT Margin	-1.18%	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Effective Tax Rate	4.73%	1.41%	-	-	-	5.91%
Revenue as Reported	238.54	237.22	197.52	164.37	156.18	124.18

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q