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Vericel VCEL Revenue Not from Contract with Customer, Other

Discontinued — last reported Q4 '25

Revenue Not from Contract with Customer, Other at other companies

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$76K+204%
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$704M+30.1%
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-$2.6M-55.6%
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$5M-7.8%
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Cass Information SystemsCASS
$1.89M+14.6%

Segments

By product

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NexoBrid$1.55M+32.4%

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:RevenueNotFromContractWithCustomerOther.

The source filing: Vericel’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 9:00 AM EST
Fiscal year
FY2025
Accession
0001628280-26-012013
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Product sales, net$276,259$237,224$197,516
Other revenue
Total revenue276,259237,224197,516
Cost of product sales70,66065,11761,940
Gross profit205,599172,107135,576
Research and development27,56324,79721,042
Selling, general and administrative166,992142,791120,998
Total operating expenses194,555167,588142,040

Item 8. Consolidated Financial Statements and Supplementary Data

FAQ

What is Vericel's revenue not from contract with customer, other?
Vericel (VCEL) reported revenue not from contract with customer, other of $0 in Q4 2025.
What is the long-term trend for Vericel's revenue not from contract with customer, other?
Over 4 years (2021 to 2025), Vericel's revenue not from contract with customer, other has grown at a -100.0% compound annual growth rate (CAGR), from $3.11M to $0.
What does revenue not from contract with customer, other mean?
This metric represents income streams that are recognized outside of the primary customer contracts or core product sales agreements. It captures ancillary revenue sources such as licensing fees, government grants, or miscellaneous service income that do not fall under standard revenue recognition criteria. Monitoring this helps investors understand the diversification of income and the sustainability of non-core business activities.

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