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Vericel VCEL EV / EBITDA

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Other financials

Income statement

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Revenue$77.5M+22.5%
Gross profit$56.4M+21.0%
Operating income$434.0K+121%
Net income$2.2M+499%
EPS (diluted)$0.04+500%

Balance sheet

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Cash & equivalents$125.4M+55.7%
Total debt$93.1M-7.3%
Total equity$370.0M+20.6%
Total assets$502.9M+15.4%

Cash flow

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Operating cash flow$16.2M+97.1%
CapEx$1.9M-76.2%
Free cash flow$14.3M+17,504%

Valuation

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Market cap$2.31B+29.1%
Enterprise value$2.28B+25.9%
P/E95.3×-156×
P/S7.5×+0.4×

Profitability

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Gross margin74.6%+1.1pp
Operating margin6%+5.5pp
Net margin7.9%+5.1pp
FCF margin20.1%

Returns & leverage

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Return on equity7.2%+4.6pp
Debt / equity0.3×-0.1×
Current ratio+0.1×

Where this comes from

Calculated from Vericel’s reported figures.

Based on the most recent quarter.

The source filing: Vericel’s 10-Q, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 8:49 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050836

FAQ

What is Vericel's EV / EBITDA?
Vericel (VCEL) reported EV / EBITDA of 71.9× in Q2 2026.
How has Vericel's EV / EBITDA changed year-over-year?
Vericel's EV / EBITDA decreased by 69.0% year-over-year, from 231.6× to 71.9×.
What is the long-term trend for Vericel's EV / EBITDA?
Over 2 years (2020 to 2025), Vericel's EV / EBITDA has grown at a -48.9% compound annual growth rate (CAGR), from 308.1× to 80.5×.
What does EV / EBITDA mean?
Enterprise value (market cap plus total debt minus cash) at the quarter end divided by trailing-twelve-month EBITDA. A capital-structure-neutral valuation multiple.

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