Vericel Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Operating Revenue	237.22	197.52	163.7	153.08	121.97	Upgrade
Other Revenue	-	-	0.67	3.11	2.21	Upgrade
Revenue	237.22	197.52	164.37	156.18	124.18	Upgrade
Revenue Growth (YoY)	20.10%	20.17%	5.24%	25.77%	5.37%	Upgrade
Cost of Revenue	65.12	61.94	54.58	50.16	39.95	Upgrade
Gross Profit	172.11	135.58	109.79	106.03	84.23	Upgrade
Selling, General & Admin	142.79	121	106.9	97.59	68.84	Upgrade
Research & Development	24.8	21.04	19.94	16.29	13.02	Upgrade
Operating Expenses	167.59	142.04	126.85	113.88	81.86	Upgrade
Operating Income	4.52	-6.46	-17.06	-7.85	2.37	Upgrade
Interest Expense	-0.61	-0.6	-0.37	-0	-0.01	Upgrade
Interest & Investment Income	6.41	4.63	1.34	0.22	0.69	Upgrade
Other Non Operating Income (Expenses)	0.2	0.06	0.1	0.05	-0.01	Upgrade
EBT Excluding Unusual Items	10.51	-2.37	-15.99	-7.58	3.04	Upgrade
Pretax Income	10.51	-2.37	-15.99	-7.58	3.04	Upgrade
Income Tax Expense	0.15	0.81	0.72	-0.11	0.18	Upgrade
Net Income	10.36	-3.18	-16.71	-7.47	2.86	Upgrade
Net Income to Common	10.36	-3.18	-16.71	-7.47	2.86	Upgrade
Shares Outstanding (Basic)	49	48	47	46	45	Upgrade
Shares Outstanding (Diluted)	52	48	47	46	47	Upgrade
Shares Change (YoY)	8.59%	0.98%	1.42%	-1.71%	7.02%	Upgrade
EPS (Basic)	0.21	-0.07	-0.35	-0.16	0.06	Upgrade
EPS (Diluted)	0.20	-0.07	-0.35	-0.16	0.06	Upgrade
Free Cash Flow	-5.81	15.3	10.09	21.13	14.95	Upgrade
Free Cash Flow Per Share	-0.11	0.32	0.21	0.46	0.32	Upgrade
Gross Margin	72.55%	68.64%	66.80%	67.88%	67.83%	Upgrade
Operating Margin	1.91%	-3.27%	-10.38%	-5.03%	1.91%	Upgrade
Profit Margin	4.37%	-1.61%	-10.17%	-4.78%	2.31%	Upgrade
Free Cash Flow Margin	-2.45%	7.75%	6.14%	13.53%	12.04%	Upgrade
EBITDA	10.02	-1.83	-13.08	-4.89	4.76	Upgrade
EBITDA Margin	4.23%	-0.93%	-7.96%	-3.13%	3.83%	Upgrade
D&A For EBITDA	5.5	4.63	3.98	2.97	2.38	Upgrade
EBIT	4.52	-6.46	-17.06	-7.85	2.37	Upgrade
EBIT Margin	1.91%	-3.27%	-10.38%	-5.03%	1.91%	Upgrade
Effective Tax Rate	1.41%	-	-	-	5.91%	Upgrade
Revenue as Reported	237.22	197.52	164.37	156.18	124.18	Upgrade

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q