Vericel Corporation (VCEL) — Financial statements
Income statement, balance sheet, and cash flow for Vericel Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 276↑16.5% | 237↑20.1% | 198↑20.2% | 164↑5.2% | 156 | |
| Cost of Revenue | 71↑8.5% | 65↑5.1% | 62↑13.5% | 55↑8.8% | 50 | |
| Gross Profit | 206↑19.5% | 172↑26.9% | 136↑23.5% | 110↑3.5% | 106 | |
| Operating Expenses | ||||||
| R&D Expenses | 28↑11.2% | 25↑17.8% | 21↑5.5% | 20↑22.4% | 16 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 167↑16.9% | 143↑18.0% | 121↑13.2% | 107↑9.5% | 98 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 195↑16.1% | 168↑18.0% | 142↑12.0% | 127↑11.4% | 114 | |
| Total Costs & Expenses | 265↑14.0% | 233↑14.1% | 204↑12.4% | 181↑10.6% | 164 | |
| Operating Results | ||||||
| Operating Income | 11↑144.4% | 5↑169.9% | -6↑62.1% | -17↓117.2% | -8 | |
| Depreciation & Amortization | 11↑106.4% | 6↑18.8% | 5↑16.4% | 4↑34.3% | 3 | |
| EBITDA | 30↑82.2% | 17↑480.6% | 3↑124.6% | -12↓152.4% | -5 | |
| EBIT | 19↑70.2% | 11↑729.2% | -2↑88.7% | -16↓106.1% | -8 | |
| Interest & Other Income | ||||||
| Net Interest Income | 5↓6.0% | 6↑43.8% | 4↑313.5% | 0.98↑343.2% | 0.22 | |
| Interest Income | 7↑9.3% | 6↑38.4% | 5↑245.4% | 1↑498.7% | 0.22 | |
| Interest Expense | 2↑153.4% | 0.61↑2.3% | 0.60↑63.9% | 0.37↑9050.0% | 0.00 | |
| Non-Operating Income | -8↓19.4% | -7↓40.7% | -5↓227.0% | -1↓420.3% | -0.28 | |
| Other Income / Expenses | 6↑5.7% | 6↑46.3% | 4↑282.8% | 1↑293.4% | 0.27 | |
| Income Before Tax | 17↑65.3% | 11↑543.8% | -2↑85.2% | -16↓110.9% | -8 | |
| Income Tax Expense | 0.86↑480.4% | 0.15↓81.8% | 0.81↑12.9% | 0.72↑749.5% | -0.11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 17↑59.4% | 10↑425.6% | -3↑81.0% | -17↓123.7% | -7 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 17↑59.4% | 10↑425.6% | -3↑81.0% | -17↓123.7% | -7 | |
| Bottom-Line Net Income | 17↑59.4% | 10↑425.6% | -3↑81.0% | -17↓123.7% | -7 | |
| EPS (Basic) | 0.33↑57.1% | 0.21↑413.9% | -0.07↑80.9% | -0.35↓118.7% | -0.16 | |
| EPS (Diluted) | 0.32↑60.0% | 0.20↑399.0% | -0.07↑80.9% | -0.35↓118.7% | -0.16 | |
| Weighted Average Shares | 51↑3.6% | 49↑2.6% | 48↑1.0% | 47↑1.4% | 46 | |
| Weighted Average Diluted Shares | 52↑0.8% | 52↑8.6% | 48↑1.0% | 47↑1.4% | 46 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.