The table below shows Vericel Corp's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$68.42M
$67.50M
$63.24M
$52.60M
$57.91M
$52.66M
Cost of revenue
$19.16M
$17.92M
$16.63M
$16.32M
$16.25M
$16.06M
Gross profit
$49.27M
$49.59M
$46.61M
$36.27M
$41.65M
$36.60M
R&D
$8.10M
$6.32M
$6.73M
$7.26M
$6.09M
$7.36M
VCEL annual revenue (10-K history)
Vericel Corp reported annual revenue of $276.26M for fiscal year 2025. That is up 16.5% from $237.22M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $54.38M (FY 2016) to $276.26M. Figures come from the company's audited annual reports as filed with the SEC.