Company Analysis

Vericel Corporation (VCEL)

Nasdaq: VCEL · Biological Products, (No Diagnostic Substances) · Cambridge, MA · filing with the SEC since 1996
Grade7.2
◀ Past 7.4● Present 8.1▶ Future 5.7

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 26, 2026Feb 27, 2025Feb 29, 2024Feb 23, 2023Feb 24, 2022Feb 24, 2021Feb 25, 2020Feb 26, 2019Mar 5, 2018Mar 13, 2017
Revenue276,259237,224197,516164,365156,184124,179117,85090,85763,92454,383
Cost of revenue70,66065,11761,94054,57750,15939,95137,57132,16030,35428,307
Gross profit205,599172,107135,576109,788106,02584,22880,27958,69733,57026,076
Research and development27,56324,79721,04219,94316,28713,02030,39113,59912,94415,295
Selling, general and administrative166,992142,791120,998106,90397,59268,83661,13949,00735,61027,388
Sales and marketing90,20282,14269,00760,926······
General and administrative76,79060,64951,99145,977······
Total operating expenses194,555167,588142,040126,846113,87981,85691,53062,60648,55445,321
Operating income11,0444,519-6,464-17,058-7,8542,372-11,251-3,909-14,984-19,245
Interest expense63061460036646r8r3192r15r
Interest and investment income7,0076,4104,6321,3412246911,614897148
Other income (expense), net-44195649552-13r-20r-1,732-1,107r-314r
Total non-operating income (expense)6,3335,9914,0961,0702726721,586-4,228-2,302-321
Income before income taxes17,37710,510-2,368-15,988-7,5823,044-9,665-8,137-17,286-19,566
Income tax expense859148814721-1111800000
Net income16,51810,362-3,182-16,709-7,4712,864-9,665-8,137-17,286-19,566
Preferred dividends·······007,579
Net income to common shareholders·······-8,137-17,286-27,145
Earnings per share, basic0.330.21-0.07-0.35-0.160.06-0.22-0.20··
Earnings per share, diluted0.320.20-0.07-0.35-0.160.06-0.22-0.20··
Earnings per share, basic and diluted······-0.22-0.20-0.52-1.18
Weighted average shares, basic50,34048,84847,59047,13046,47245,22144,18040,242··
Weighted average shares, diluted52,15151,67947,59047,13046,47247,28244,18040,242··
Weighted average shares, basic and diluted······44,18040,24233,35523,093
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:SalesRevenueNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton VCEL · research, not advice