Vericel Corporation

VCEL Healthcare Biotechnology

Vericel Corporation’s revenue for fiscal 2025 (year ended December 2025) was $276.3 million, up 16.5% from fiscal 2024.

Revenue
+26.5%
EPS
+180.0%
Free cash flow
−19.4%

Quarter to September 2026, against a year earlier

53.64 1.86 +3.59%
Market cap
$2.7B
P/E
77.8×
Fwd P/E
72.9×
Dividend yield
—
F-score
7/9
Altman Z
8.21
Beneish M
−2.53
Dividend safety
n/a

Vericel Corporation (VCEL) Net margin

Alert me on Net margin

Vericel Corporation's net margin over the twelve months to 30 September 2026 was 10.3%, up 4.3 percentage points from fiscal 2025 (5.98%). Over the past ten years it has ranged from −36.0% (fiscal 2016) to 5.98% (fiscal 2025) — the current reading is the highest in ten years. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 5.98% 1.61
FY2024 4.37% 5.98
FY2023 −1.61% 8.56
FY2022 −10.2% (5.39)
FY2021 −4.78% (7.09)
FY2020 2.31% 10.51
FY2019 −8.20% 0.76
FY2018 −8.96% 18.08
FY2017 −27.0% 8.94
FY2016 −36.0% (4.05)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 16.6% 13.74
Jun 2026 2.85% 12.06
Mar 2026 −9.21% (34.22)
Dec 2025 25.0% 17.49
43 more quarters

Against its own ten years

Low −36.0% High 5.98%
Ten-year median −8.20%
Current reading's percentile 100

Net margin against peers

Company Net margin
AUPH Aurinia Pharmaceuticals Inc compare 97.7%
ADMA ADMA Biologics Inc compare 35.1%
VCEL Vericel Corporation 10.3%
IMNM Immunome, Inc. compare 0.00%
VERA Vera Therapeutics, Inc. compare 0.00%
BHVN Biohaven Ltd. compare 0.00%
PHVS Pharvaris N.V. compare 0.00%
PVLA Palvella Therapeutics, Inc. compare 0.00%
CLDX Celldex Therapeutics, Inc. compare −33,883.8%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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