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Vericel VCEL Net margin

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14.4%+2.2pp
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4.1%-4.2pp
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-3.4%-1.6pp
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LeMaitre VascularLMAT
25%+4.9pp
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MiMedx GroupMDXG
1.8%-7.1pp

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
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 trailing twelve months.

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 net margin?
Vericel (VCEL) reported net margin of 7.9% in Q2 2026.
How has Vericel's net margin changed year-over-year?
Vericel's net margin increased by 177.2% year-over-year, from 2.9% to 7.9%.
What is the long-term trend for Vericel's net margin?
Over 2 years (2020 to 2025), Vericel's net margin has grown at a 61.0% compound annual growth rate (CAGR), from 2.3% to 6%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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