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Vericel VCEL Finance Lease Liabilities

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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

Reported directly by Vericel in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

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

Filed
Jul 30, 2026, 8:49 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050836
(In thousands)ClassificationJune 30, 2026December 31, 2025
Liabilities
Current
OperatingCurrent portion of operating lease liabilities$14,158$13,969
FinanceOther current liabilities116116
Non-current
OperatingOperating lease liabilities$78,379$82,284
FinanceOther long-term liabilities480522
Total leased liabilities$93,133$96,891

Item 1. Financial Statements (Unaudited)

FAQ

What is Vericel's finance lease liabilities?
Vericel (VCEL) reported finance lease liabilities of $480K in Q2 2026.
How has Vericel's finance lease liabilities changed year-over-year?
Vericel's finance lease liabilities decreased by 13.4% year-over-year, from $554K to $480K.
What is the long-term trend for Vericel's finance lease liabilities?
Over 5 years (2020 to 2025), Vericel's finance lease liabilities has grown at a 47.0% compound annual growth rate (CAGR), from $76K to $522K.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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