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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	249.12	237.22	197.52	163.7	153.08	121.97
Other Revenue	-	-	-	0.67	3.11	2.21
Revenue	249.12	237.22	197.52	164.37	156.18	124.18
Revenue Growth (YoY)	16.13%	20.10%	20.17%	5.24%	25.77%	5.37%
Cost of Revenue	66.08	65.12	61.94	54.58	50.16	39.95
Gross Profit	183.04	172.11	135.58	109.79	106.03	84.23
Selling, General & Admin	156.84	142.79	121	106.9	97.59	68.84
Research & Development	25.01	24.8	21.04	19.94	16.29	13.02
Operating Expenses	181.85	167.59	142.04	126.85	113.88	81.86
Operating Income	1.19	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	6.45	6.41	4.63	1.34	0.22	0.69
Other Non Operating Income (Expenses)	0.23	0.2	0.06	0.1	0.05	-0.01
EBT Excluding Unusual Items	7.26	10.51	-2.37	-15.99	-7.58	3.04
Pretax Income	7.26	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	7.11	10.36	-3.18	-16.71	-7.47	2.86
Net Income to Common	7.11	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)	9.33%	8.59%	0.98%	1.42%	-1.71%	7.02%
EPS (Basic)	0.14	0.21	-0.07	-0.35	-0.16	0.06
EPS (Diluted)	0.13	0.20	-0.07	-0.35	-0.16	0.06
Free Cash Flow	-8.3	-5.81	15.3	10.09	21.13	14.95
Free Cash Flow Per Share	-0.16	-0.11	0.32	0.21	0.46	0.32
Gross Margin	73.47%	72.55%	68.64%	66.80%	67.88%	67.83%
Operating Margin	0.48%	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Profit Margin	2.85%	4.37%	-1.61%	-10.17%	-4.78%	2.31%
Free Cash Flow Margin	-3.33%	-2.45%	7.75%	6.14%	13.53%	12.04%
EBITDA	9.51	10.02	-1.83	-13.08	-4.89	4.76
EBITDA Margin	3.82%	4.23%	-0.93%	-7.96%	-3.13%	3.83%
D&A For EBITDA	8.32	5.5	4.63	3.98	2.97	2.38
EBIT	1.19	4.52	-6.46	-17.06	-7.85	2.37
EBIT Margin	0.48%	1.91%	-3.27%	-10.38%	-5.03%	1.91%
Effective Tax Rate	2.04%	1.41%	-	-	-	5.91%
Revenue as Reported	249.12	237.22	197.52	164.37	156.18	124.18

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q