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+37.1%$100.09M+17.7%$100.4M+42.7%$80.53M+6.2%$79.71M+12.7%
Short-term investments
$36.05M-8.5%$37.41M-10.3%$34.98M-27.2%$36.35M-30.4%$39.41M-17.4%
Restricted cash
$0-100%$0-100%$0-100%$0-100%$6.22M-20.4%
Accounts receivable, net
$72.38M+36.8%$84.63M+37.9%$60.43M+24.6%$64.29M+33.9%$52.9M+5.9%
Inventories
$18.35M+7.3%$17.56M+1.1%$18.16M+15.2%$16.83M+13.1%$17.11M+26.2%
Raw materials
$13.75M+16.2%$12.95M+1.0%$12.7M+7.2%$11.24M-2.2%$11.83M+9.0%
Work in process
$1.51M-5.0%$1.58M+0.8%$1.47M-20.8%$2.05M+14.9%$1.59M-9.1%
Finished goods
$3.09M-16.1%$3.02M+1.6%$3.99M+94.2%$3.54M+120%$3.69M+286%
Prepaid expenses and other current assets
$7.99M-6.2%$7.74M+6.3%$8.01M+1.6%$6.58M+2.2%$8.52M+9.6%
Total current assets
$244.06M+23.5%$247.44M+16.3%$221.97M+16.5%$204.58M+3.6%$197.64M+4.2%
Property and equipment, net
$107.11M-1.1%$108.4M+5.1%$109.38M+23.7%$109.85M+50.3%$108.29M+92.0%
Accumulated depreciation
$34.66M+49.0%$31.55M+17.3%$28.72M+12.3%$25.93M+5.4%$23.26M-0.7%
Total property and equipment, gross
$141.77M+7.8%$139.95M+7.6%$138.1M+21.1%$135.78M+39.0%$131.55M+64.8%
Operating lease right-of-use assets
$63.41M-7.7%$64.77M-7.6%$66.09M-7.6%$67.4M-7.7%$68.72M-6.7%
Intangible assets, net
$5.47M-10.3%$5.63M-10.0%$5.78M-9.8%$5.94M-9.5%$6.09M-9.3%
Other non-current assets
$288K-42.5%$341K-38.7%$395K-35.2%$447K-32.7%$501K-30.1%
Long-term investments
$101.3M+22.3%——$84.6M+4.6%$83.7M+6.9%$82.8M+7.4%
Available-for-sale securities
$65.28M+50.6%$61.4M+53.9%$49.66M+51.0%$47.4M+81.5%$43.34M+47.3%
Allowance for credit losses
$0—$0—$0—$0—$0—
Total assets
$485.63M+14.4%$487.97M+12.8%$453.27M+16.1%$435.61M+15.6%$424.59M+19.0%
Accounts payable
$19.01M+13.5%$15.83M-33.6%$15.34M-26.6%$12.86M-49.0%$16.75M-13.8%
Accrued expenses
$4.25M+9.1%$3.01M+2,494%$3.6M+16.7%$4.58M+7.5%$3.9M+14.8%
Current portion of long-term debt
$116K0.0%$116K0.0%$116K—$118K—$116K—
Operating lease liabilities, current
$14.06M+26.0%$13.97M+50.9%$13.85M+126%$13.75M+137%$11.16M+85.7%
Finance Lease Liability, Current
——$116K0.0%——————
Claims and insurance accruals
$3.73M+22.0%$4.4M+39.3%$3.77M+13.1%$2.86M+3.9%$3.05M-9.8%
Total current liabilities
$47.16M+19.5%$49.15M-2.3%$45.58M+10.2%$41.13M-6.2%$39.45M+8.2%
Operating lease liabilities, non-current
$80.36M-8.5%$82.28M-8.2%$84.16M-7.9%$86.01M-4.2%$87.8M+1.9%
Finance lease liabilities
$501K-11.5%$522K-8.4%$543K—$554K—$566K—
Other non-current liabilities
$1.88M+1.7%$1.9M+116%$1.67M+588%$1.66M+736%$1.85M+1,100%
Total liabilities
$129.4M+0.2%$133.33M-5.3%$131.42M-1.1%$128.8M-3.8%$129.1M+5.2%
Common stock
75M0.0%75M-89.0%75M0.0%75M0.0%75M0.0%
Retained earnings
-$382.6M+5.3%-$376.3M+4.2%-$399.54M+3.2%-$404.61M+1.7%-$404.06M+0.7%
Accumulated other comprehensive income (loss)
-$168K-224%$275K+6,775%$258K-28.1%$183K+167%$136K+156%
Total stockholders' equity
$356.23M+20.6%$354.64M+21.5%$321.86M+25.0%$306.81M+26.3%$295.49M+26.3%
Total liabilities and stockholders' equity
$485.63M+14.4%$487.97M+12.8%$453.27M+16.1%$435.61M+15.6%$424.59M+19.0%
Available-for-Sale Debt Securities - Amortized Cost
$101.5M+22.9%$98.53M+20.8%$84.38M+4.7%$83.57M+6.3%$82.62M+6.8%
Allowance for Doubtful Accounts
$13K+333%$13K+30.0%$19K+58.3%$1K-90.0%$3K-96.6%
Allowance for Doubtful Accounts Receivable (Current)
$13K+333%$13K+30.0%$19K+58.3%$1K-90.0%$3K-96.6%
Cash, Cash Equivalents, and Marketable Securities
$101.33M+22.4%$98.8M+21.1%$84.64M+4.6%$83.75M+6.9%$82.75M+7.3%
Other current assets
$7.99M-6.2%$7.74M+6.3%$8.01M+1.6%$6.58M+2.2%$8.52M+9.6%
Deferred Tax Assets and Other Non-Current Assets
$288K-42.5%$341K-38.7%$395K-35.2%$447K-32.7%$501K-30.1%
Investments - Amortized Cost Basis
$101.5M+22.9%$98.53M+20.8%$84.38M+4.7%$83.57M+6.3%$82.62M+6.8%
Net Investment in Lease
$63.41M-7.7%$64.77M-7.6%$66.09M-7.6%$67.4M-7.7%$68.72M-6.7%
Long-term marketable securities
$65.28M+50.6%$61.4M+53.9%$49.66M+51.0%$47.4M+81.5%$43.34M+47.3%
Intangible assets — net
$5.47M-10.3%$5.63M-10.0%$5.78M-9.8%$5.94M-9.5%$6.09M-9.3%
Investments
$101.3M+22.3%——$84.6M+4.6%$83.7M+6.9%$82.8M+7.4%
Operating lease right-of-use assets
$63.41M-7.7%$64.77M-7.6%$66.09M-7.6%$67.4M-7.7%$68.72M-6.7%
Other non-current assets
$288K-42.5%$341K-38.7%$395K-35.2%$447K-32.7%$501K-30.1%
Property, plant and equipment, net
$107.11M-1.1%$108.4M+5.1%$109.38M+23.7%$109.85M+50.3%$108.29M+92.0%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)
$36.05M-8.5%$37.41M-10.3%$34.98M-27.2%$36.35M-30.4%$39.41M-17.4%
Operating Lease Right-of-Use Assets in Other Assets
$63.41M-7.7%$64.77M-7.6%$66.09M-7.6%$67.4M-7.7%$68.72M-6.7%
Software and Technology Licenses, Net
$288K-42.5%$341K-38.7%$395K-35.2%$447K-32.7%$501K-30.1%
Accrued Manufacturing Costs
$4.25M+9.1%$3.01M-8.0%$3.6M+16.7%$4.58M+7.5%$3.9M+14.8%
Other Commercial Liabilities
$13.97M+22.3%$19.24M+12.7%$16.29M+13.5%$14.4M+12.0%$11.42M+3.6%
Accrued Liabilities, Current
$13.97M+22.3%$19.24M+12.7%$16.29M+13.5%$14.4M+12.0%$11.42M+3.6%
Compensation and benefits
$4.25M+9.1%$3.01M-8.0%$3.6M+16.7%$4.58M+7.5%$3.9M+14.8%
Other accrued liabilities
$116K0.0%$116K0.0%$116K—$118K—$116K—
Total debt
$95.04M-4.6%$97.01M-2.7%$98.67M+1.2%$100.44M+5.1%$99.65M+8.1%
Common Stock Shares Issued
51M+1.5%50.6M+2.0%50.6M+2.6%50.4M+3.2%50.3M+3.6%
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+5.7%$730.66M+6.7%$721.14M+7.7%$711.24M+8.6%$699.41M+9.1%
Unrealized Gains on Investments
$97K-43.9%$315K+158%$293K-21.9%$218K+4,260%$173K—
Unrealized Losses on Investments (Before Tax)
$265K+616%$40K-66.1%$35K+119%$35K-87.4%$37K-84.7%
Cumulative Cost Basis
$101.5M+22.9%$98.53M+20.8%$84.38M+4.7%$83.57M+6.3%$82.62M+6.8%
Accrued bonuses
$4.67M+14.5%$11.25M+9.1%$8.28M+9.3%$6.42M+13.7%$4.08M+3.7%
Other accrued expenses
$1.32M+237%$573K+76.9%$627K+84.4%$543K+177%$391K+24.1%
Allowance for doubtful accounts
$13K+333%$13K+30.0%$19K+58.3%$1K-90.0%$3K-96.6%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax
$265K+616%$40K-66.1%$35K+119%$35K-87.4%$37K-84.7%
Gross Unrealized Gains
$97K-43.9%$315K+158%$293K-21.9%$218K+4,260%$173K—
Total
$101.5M+22.9%$98.53M+20.8%$84.38M+4.7%$83.57M+6.3%$82.62M+6.8%
Available for sale investments
$101.33M+22.4%$98.8M+21.1%$84.64M+4.6%$83.75M+6.9%$82.75M+7.3%
Common stock, shares authorized (in shares)
$75M0.0%$75M0.0%$75M0.0%$75M0.0%$75M0.0%
Common stock, shares issued (in shares)
$51.01M+1.5%$50.62M+2.0%$50.55M+2.6%$50.44M+3.2%$50.25M+3.6%
Common Stock, Shares, Outstanding
$51.01M+1.5%$50.62M+2.0%$50.55M+2.6%$50.44M+3.2%$50.25M+3.6%
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—$118K—$116K—
Finance Lease, Right-of-Use Asset, after Accumulated Amortization
$686K0.0%$686K0.0%$686K—$686K—$686K—
Raw materials
$13.75M+16.2%$12.95M+1.0%$12.7M+7.2%$11.24M-2.2%$11.83M+9.0%
Lease Liability Noncurrent
$95.04M-4.6%$96.89M-2.7%$98.67M+1.2%$100.44M+5.1%$99.65M+8.1%
Number of specialty pharmacies
20.0%——20.0%20.0%20.0%
Number of commercial-stage products
30.0%——30.0%30.0%30.0%
Right Of Use Asset
$64.1M-7.6%$65.46M-7.5%$66.77M—$68.08M—$69.4M—

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.