Skip to content
OpenCapital
Get started

Vericel VCEL Balance Sheet Statement

Income StatementBalance SheetCash FlowRatiosSegments
QuarterlyAnnualTTM
YoYQoQ
SimplifiedDetailed
Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Cash and cash equivalents
$109.3M+9.2%$100.09M-0.3%$100.4M+24.7%$80.53M+1.0%$79.71M-6.3%
Short-term investments
$36.05M-3.6%$37.41M+6.9%$34.98M-3.8%$36.35M-7.8%$39.41M-5.5%
Restricted cash
$0—$0—$0—$0-100%$6.22M-41.0%
Accounts receivable, net
$72.38M-14.5%$84.63M+40.1%$60.43M-6.0%$64.29M+21.5%$52.9M-13.8%
Inventories
$18.35M+4.5%$17.56M-3.3%$18.16M+7.9%$16.83M-1.6%$17.11M-1.5%
Raw materials
$13.75M+6.2%$12.95M+2.0%$12.7M+13.1%$11.24M-5.0%$11.83M-7.8%
Work in process
$1.51M-4.9%$1.58M+8.0%$1.47M-28.6%$2.05M+29.4%$1.59M+1.0%
Finished goods
$3.09M+2.3%$3.02M-24.1%$3.99M+12.5%$3.54M-4.0%$3.69M+23.9%
Prepaid expenses and other current assets
$7.99M+3.2%$7.74M-3.3%$8.01M+21.8%$6.58M-22.8%$8.52M+16.9%
Total current assets
$244.06M-1.4%$247.44M+11.5%$221.97M+8.5%$204.58M+3.5%$197.64M-7.1%
Property and equipment, net
$107.11M-1.2%$108.4M-0.9%$109.38M-0.4%$109.85M+1.4%$108.29M+5.0%
Accumulated depreciation
$34.66M+9.9%$31.55M+9.9%$28.72M+10.8%$25.93M+11.5%$23.26M-13.5%
Total property and equipment, gross
$141.77M+1.3%$139.95M+1.3%$138.1M+1.7%$135.78M+3.2%$131.55M+1.1%
Operating lease right-of-use assets
$63.41M-2.1%$64.77M-2.0%$66.09M-1.9%$67.4M-1.9%$68.72M-2.0%
Intangible assets, net
$5.47M-2.8%$5.63M-2.7%$5.78M-2.6%$5.94M-2.6%$6.09M-2.5%
Other non-current assets
$288K-15.5%$341K-13.7%$395K-11.6%$447K-10.8%$501K-9.9%
Long-term investments
$101.3M———$84.6M+1.1%$83.7M+1.1%$82.8M—
Available-for-sale securities
$65.28M+6.3%$61.4M+23.6%$49.66M+4.8%$47.4M+9.4%$43.34M+8.7%
Allowance for credit losses
$0—$0—$0—$0—$0—
Total assets
$485.63M-0.5%$487.97M+7.7%$453.27M+4.1%$435.61M+2.6%$424.59M-1.9%
Accounts payable
$19.01M+20.1%$15.83M+3.2%$15.34M+19.3%$12.86M-23.2%$16.75M-29.8%
Accrued expenses
$4.25M+41.3%$3.01M-16.5%$3.6M-21.3%$4.58M+17.5%$3.9M+3,259%
Current portion of long-term debt
$116K0.0%$116K0.0%$116K-1.7%$118K+1.7%$116K0.0%
Operating lease liabilities, current
$14.06M+0.7%$13.97M+0.9%$13.85M+0.7%$13.75M+23.2%$11.16M+20.6%
Finance Lease Liability, Current
——$116K———————
Claims and insurance accruals
$3.73M-15.3%$4.4M+16.6%$3.77M+31.9%$2.86M-6.3%$3.05M-3.3%
Total current liabilities
$47.16M-4.1%$49.15M+7.8%$45.58M+10.8%$41.13M+4.3%$39.45M-21.6%
Operating lease liabilities, non-current
$80.36M-2.3%$82.28M-2.2%$84.16M-2.2%$86.01M-2.0%$87.8M-2.0%
Finance lease liabilities
$501K-4.0%$522K-3.9%$543K-2.0%$554K-2.1%$566K-0.7%
Other non-current liabilities
$1.88M-0.9%$1.9M+13.3%$1.67M+1.0%$1.66M-10.4%$1.85M+111%
Total liabilities
$129.4M-2.9%$133.33M+1.5%$131.42M+2.0%$128.8M-0.2%$129.1M-8.3%
Common stock
75M0.0%75M0.0%75M0.0%75M0.0%75M-89.0%
Retained earnings
-$382.6M-1.7%-$376.3M+5.8%-$399.54M+1.3%-$404.61M-0.1%-$404.06M-2.9%
Accumulated other comprehensive income (loss)
-$168K-161%$275K+6.6%$258K+41.0%$183K+34.6%$136K+3,300%
Total stockholders' equity
$356.23M+0.4%$354.64M+10.2%$321.86M+4.9%$306.81M+3.8%$295.49M+1.2%
Total liabilities and stockholders' equity
$485.63M-0.5%$487.97M+7.7%$453.27M+4.1%$435.61M+2.6%$424.59M-1.9%
Available-for-Sale Debt Securities - Amortized Cost
$101.5M+3.0%$98.53M+16.8%$84.38M+1.0%$83.57M+1.1%$82.62M+1.3%
Allowance for Doubtful Accounts
$13K0.0%$13K-31.6%$19K+1,800%$1K-66.7%$3K-70.0%
Allowance for Doubtful Accounts Receivable (Current)
$13K0.0%$13K-31.6%$19K+1,800%$1K-66.7%$3K-70.0%
Cash, Cash Equivalents, and Marketable Securities
$101.33M+2.6%$98.8M+16.7%$84.64M+1.1%$83.75M+1.2%$82.75M+1.4%
Other current assets
$7.99M+3.2%$7.74M-3.3%$8.01M+21.8%$6.58M-22.8%$8.52M+16.9%
Deferred Tax Assets and Other Non-Current Assets
$288K-15.5%$341K-13.7%$395K-11.6%$447K-10.8%$501K-9.9%
Investments - Amortized Cost Basis
$101.5M+3.0%$98.53M+16.8%$84.38M+1.0%$83.57M+1.1%$82.62M+1.3%
Net Investment in Lease
$63.41M-2.1%$64.77M-2.0%$66.09M-1.9%$67.4M-1.9%$68.72M-2.0%
Long-term marketable securities
$65.28M+6.3%$61.4M+23.6%$49.66M+4.8%$47.4M+9.4%$43.34M+8.7%
Intangible assets — net
$5.47M-2.8%$5.63M-2.7%$5.78M-2.6%$5.94M-2.6%$6.09M-2.5%
Investments
$101.3M———$84.6M+1.1%$83.7M+1.1%$82.8M—
Operating lease right-of-use assets
$63.41M-2.1%$64.77M-2.0%$66.09M-1.9%$67.4M-1.9%$68.72M-2.0%
Other non-current assets
$288K-15.5%$341K-13.7%$395K-11.6%$447K-10.8%$501K-9.9%
Property, plant and equipment, net
$107.11M-1.2%$108.4M-0.9%$109.38M-0.4%$109.85M+1.4%$108.29M+5.0%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)
$36.05M-3.6%$37.41M+6.9%$34.98M-3.8%$36.35M-7.8%$39.41M-5.5%
Operating Lease Right-of-Use Assets in Other Assets
$63.41M-2.1%$64.77M-2.0%$66.09M-1.9%$67.4M-1.9%$68.72M-2.0%
Software and Technology Licenses, Net
$288K-15.5%$341K-13.7%$395K-11.6%$447K-10.8%$501K-9.9%
Accrued Manufacturing Costs
$4.25M+41.3%$3.01M-16.5%$3.6M-21.3%$4.58M+17.5%$3.9M+19.2%
Other Commercial Liabilities
$13.97M-27.4%$19.24M+18.1%$16.29M+13.1%$14.4M+26.2%$11.42M-33.1%
Accrued Liabilities, Current
$13.97M-27.4%$19.24M+18.1%$16.29M+13.1%$14.4M+26.2%$11.42M-33.1%
Compensation and benefits
$4.25M+41.3%$3.01M-16.5%$3.6M-21.3%$4.58M+17.5%$3.9M+19.2%
Other accrued liabilities
$116K0.0%$116K0.0%$116K-1.7%$118K+1.7%$116K0.0%
Total debt
$95.04M-2.0%$97.01M-1.7%$98.67M-1.8%$100.44M+0.8%$99.65M0.0%
Common Stock Shares Issued
51M+0.8%50.6M+0.1%50.6M+0.2%50.4M+0.4%50.3M+1.3%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively
$739M+1.1%$730.66M+1.3%$721.14M+1.4%$711.24M+1.7%$699.41M+2.1%
Unrealized Gains on Investments
$97K-69.2%$315K+7.5%$293K+34.4%$218K+26.0%$173K+41.8%
Unrealized Losses on Investments (Before Tax)
$265K+563%$40K+14.3%$35K0.0%$35K-5.4%$37K-68.6%
Cumulative Cost Basis
$101.5M+3.0%$98.53M+16.8%$84.38M+1.0%$83.57M+1.1%$82.62M+1.3%
Accrued bonuses
$4.67M-58.5%$11.25M+35.9%$8.28M+29.0%$6.42M+57.5%$4.08M-60.5%
Other accrued expenses
$1.32M+130%$573K-8.6%$627K+15.5%$543K+38.9%$391K+20.7%
Allowance for doubtful accounts
$13K0.0%$13K-31.6%$19K+1,800%$1K-66.7%$3K-70.0%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax
$265K+563%$40K+14.3%$35K0.0%$35K-5.4%$37K-68.6%
Gross Unrealized Gains
$97K-69.2%$315K+7.5%$293K+34.4%$218K+26.0%$173K+41.8%
Total
$101.5M+3.0%$98.53M+16.8%$84.38M+1.0%$83.57M+1.1%$82.62M+1.3%
Available for sale investments
$101.33M+2.6%$98.8M+16.7%$84.64M+1.1%$83.75M+1.2%$82.75M+1.4%
Common stock, shares authorized (in shares)
$75M0.0%$75M0.0%$75M0.0%$75M0.0%$75M0.0%
Common stock, shares issued (in shares)
$51.01M+0.8%$50.62M+0.1%$50.55M+0.2%$50.44M+0.4%$50.25M+1.3%
Common Stock, Shares, Outstanding
$51.01M+0.8%$50.62M+0.1%$50.55M+0.2%$50.44M+0.4%$50.25M+1.3%
Debt Securities, Available-for-Sale, Allowance for Credit Loss
$0—$0—$0—$0—$0—
Current maturities of long-term debt
$116K0.0%$116K0.0%$116K-1.7%$118K+1.7%$116K0.0%
Finance Lease, Right-of-Use Asset, after Accumulated Amortization
$686K0.0%$686K0.0%$686K0.0%$686K0.0%$686K0.0%
Raw materials
$13.75M+6.2%$12.95M+2.0%$12.7M+13.1%$11.24M-5.0%$11.83M-7.8%
Lease Liability Noncurrent
$95.04M-1.9%$96.89M-1.8%$98.67M-1.8%$100.44M+0.8%$99.65M+0.1%
Number of specialty pharmacies
2———20.0%20.0%2—
Number of commercial-stage products
3———30.0%30.0%3—
Right Of Use Asset
$64.1M-2.1%$65.46M-2.0%$66.77M-1.9%$68.08M-1.9%$69.4M-2.0%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Can Vericel cover its short-term obligations?
Its current ratio is 5.18 — current assets exceed current liabilities.
Where does Vericel's balance sheet data come from?
Every line is extracted from Vericel's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.