What is Vericel's SG&A?

Vericel (VCEL) reported SG&A of $49.23M in Q1 2026.

How has Vericel's SG&A changed year-over-year?

Vericel's SG&A increased by 17.8% year-over-year, from $41.8M to $49.23M.

What is the long-term trend for Vericel's SG&A?

Over 4 years (2021 to 2025), Vericel's SG&A has grown at a 14.4% compound annual growth rate (CAGR), from $97.59M to $166.99M.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Vericel VCEL SG&A

SG&A at other companies

StrykerSYK

$2.28B-0.8%

Zimmer Biomet HoldingsZBH

$849.9M+12.0%

Johnson & JohnsonJNJ

$6.03B+18.0%

Other financials

Income statement

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Revenue$68.4M+30.1%

Gross profit$49.3M+35.8%

Operating income-$8.1M+37.0%

Net income-$6.3M+44.0%

EPS (diluted)-$0.12+47.8%

Balance sheet

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Cash & equivalents$109.3M+37.1%

Total debt$95.0M-4.6%

Total equity$356.2M+20.6%

Total assets$485.6M+14.4%

Cash flow

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Operating cash flow$16.4M+148%

CapEx$1.3M-91.2%

Free cash flow$15.1M+299%

Valuation

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Market cap$2.13B-26.8%

Profitability

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Gross margin74.8%+2.3pp

Operating margin5.4%+4.6pp

Net margin7.3%+6.1pp

FCF margin16.3%—

Returns & leverage

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Return on equity6.6%+5.5pp

Debt / equity0.3×-0.1×

Current ratio5.2×+0.2×

Where this comes from

Reported directly by Vericel in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Vericel’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vericel's SG&A?: Vericel (VCEL) reported SG&A of $49.23M in Q1 2026.
How has Vericel's SG&A changed year-over-year?: Vericel's SG&A increased by 17.8% year-over-year, from $41.8M to $49.23M.
What is the long-term trend for Vericel's SG&A?: Over 4 years (2021 to 2025), Vericel's SG&A has grown at a 14.4% compound annual growth rate (CAGR), from $97.59M to $166.99M.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.