Vericel Corp
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $276.3M | $237.2M | $197.5M | $163.7M | $153.1M |
| Gross profit | $205.6M | $172.1M | $135.6M | $109.8M | $106.0M |
| Operating income | $11.0M | $4.5M | -$6.5M | -$17.1M | -$7.9M |
| Operating expenses | $194.6M | $167.6M | $142.0M | $126.8M | $113.9M |
| Cost of revenue | $70.7M | $65.1M | $61.9M | $54.6M | $50.2M |
| Cash from operations | $51.9M | $58.2M | $35.3M | $17.7M | $29.0M |
| Capital expenditure | $27.2M | $64.0M | $20.0M | $7.6M | $7.9M |
| Free cash flow | $24.7M | -$5.8M | $15.3M | $10.1M | $21.1M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $488.0M | $432.7M | $353.7M | $273.0M | $243.7M |
| Total liabilities | $133.3M | $140.8M | $127.7M | $80.7M | $73.2M |
Shares outstanding 51.1M · Free float 87.7%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.