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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	258.72	237.22	197.52	163.7	153.08	121.97
Other Revenue	-	-	-	0.67	3.11	2.21
Revenue	258.72	237.22	197.52	164.37	156.18	124.18
Revenue Growth (YoY)	14.05%	20.10%	20.17%	5.24%	25.77%	5.37%
Cost of Revenue	67.75	65.12	61.94	54.58	50.16	39.95
Gross Profit	190.97	172.11	135.58	109.79	106.03	84.23
Selling, General & Admin	158.63	142.79	121	106.9	97.59	68.84
Research & Development	25.23	24.8	21.04	19.94	16.29	13.02
Operating Expenses	183.86	167.59	142.04	126.85	113.88	81.86
Operating Income	7.11	4.52	-6.46	-17.06	-7.85	2.37
Interest Expense	-0.62	-0.61	-0.6	-0.37	-0	-0.01
Interest & Investment Income	6.68	6.41	4.63	1.34	0.22	0.69
Other Non Operating Income (Expenses)	0.06	0.2	0.06	0.1	0.05	-0.01
EBT Excluding Unusual Items	13.23	10.51	-2.37	-15.99	-7.58	3.04
Pretax Income	13.23	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	13.08	10.36	-3.18	-16.71	-7.47	2.86
Net Income to Common	13.08	10.36	-3.18	-16.71	-7.47	2.86
Shares Outstanding (Basic)	50	49	48	47	46	45
Shares Outstanding (Diluted)	53	52	48	47	46	47
Shares Change (YoY)	9.24%	8.59%	0.98%	1.42%	-1.71%	7.02%
EPS (Basic)	0.26	0.21	-0.07	-0.35	-0.16	0.06
EPS (Diluted)	0.25	0.20	-0.07	-0.35	-0.16	0.06
Free Cash Flow	20.38	-5.81	15.3	10.09	21.13	14.95
Free Cash Flow Per Share	0.39	-0.11	0.32	0.21	0.46	0.32
Gross Margin	73.81%	72.55%	68.64%	66.80%	67.88%	67.83%
Operating Margin	2.75%	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Profit Margin	5.06%	4.37%	-1.61%	-10.17%	-4.78%	2.31%
Free Cash Flow Margin	7.88%	-2.45%	7.75%	6.14%	13.53%	12.04%
EBITDA	17.04	10.02	-1.83	-13.08	-4.89	4.76
EBITDA Margin	6.59%	4.23%	-0.93%	-7.96%	-3.13%	3.83%
D&A For EBITDA	9.93	5.5	4.63	3.98	2.97	2.38
EBIT	7.11	4.52	-6.46	-17.06	-7.85	2.37
EBIT Margin	2.75%	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Effective Tax Rate	1.12%	1.41%	-	-	-	5.91%
Revenue as Reported	258.72	237.22	197.52	164.37	156.18	124.18

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q