The table below shows Vericel Corp's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$276.26M
$237.22M
$197.52M
$164.37M
$156.18M
$124.18M
Cost of revenue
$70.66M
$65.12M
$61.94M
$54.58M
$50.16M
$39.95M
Gross profit
$205.60M
$172.11M
$135.58M
$109.79M
$106.03M
$84.23M
R&D
$27.56M
$24.80M
$21.04M
$19.94M
$16.29M
$13.02M
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.