Vericel Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	109.3	100.09	74.52	69.09	51.07	68.33
Short-Term Investments	36.05	37.41	41.69	40.47	68.47	35.07
Cash & Short-Term Investments	145.34	137.5	116.21	109.56	119.54	103.4
Cash Growth	28.73%	18.32%	6.08%	-8.35%	15.61%	36.40%
Accounts Receivable	72.38	84.63	61.38	58.36	46.54	37.44
Inventory	18.35	17.56	17.37	13.09	15.99	13.38
Other Current Assets	7.99	7.74	17.82	24.63	4.8	4.46
Total Current Assets	244.06	247.44	212.78	205.63	186.87	158.46
Net Property, Plant & Equipment	170.52	173.17	173.26	115.1	57.37	59.03
Other Intangible Assets	5.47	5.63	6.25	6.88	7.5	-
Long-Term Investments	65.28	61.4	39.88	25.28	19.96	25.69
Other Long-Term Assets	0.29	0.34	0.56	0.77	1.3	0.32
Total Assets	485.63	487.97	432.72	353.66	273	243.71
Accounts Payable	19.01	15.83	23.85	22.35	16.93	9.02
Accrued Expenses	13.97	19.24	17.07	17.22	16.19	14.05
Current Portion of Leases	14.06	13.97	9.26	6.19	4.3	2.95
Other Current Liabilities	0.12	0.12	0.12	-	0.04	0.04
Total Current Liabilities	47.16	49.15	50.29	45.75	37.46	26.05
Long-Term Leases	80.36	82.28	89.59	81.86	43.27	47.15
Other Long-Term Liabilities	1.88	1.9	0.88	0.1	-	0.04
Total Long-Term Liabilities	82.24	84.18	90.47	81.96	43.27	47.19
Total Liabilities	129.4	133.33	140.76	127.71	80.73	73.24
Common Stock	739	730.66	684.78	629.23	593.25	553.9
Accumulated Other Comprehensive Income	-0.17	0.28	0	-0.1	-0.98	-0.15
Retained Earnings	-382.6	-376.3	-392.82	-403.18	-400	-383.29
Shareholders' Equity	356.23	354.64	291.97	225.95	192.27	170.46
Total Liabilities & Equity	485.63	487.97	432.72	353.66	273	243.71
Total Debt	94.43	96.25	98.85	88.04	47.57	50.1
Net Cash (Debt)	50.92	41.25	17.36	21.51	71.97	53.3
Net Cash Growth	23.44%	137.55%	-19.29%	-70.11%	35.02%	135.59%
Net Cash Per Share	0.99	0.79	0.34	0.45	1.53	1.15
Book Value	356.23	354.64	291.97	225.95	192.27	170.46
Book Value Per Share	6.95	6.80	5.65	4.75	4.08	3.67
Tangible Book Value	350.76	349.02	285.72	219.08	184.77	170.46
Tangible Book Value Per Share	6.84	6.69	5.53	4.60	3.92	3.67

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q