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Vericel VCEL Biopsy kits — Product sales, net

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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$2.06B-26.8%
Enterprise value$2.05B-28.0%
P/E96.1×-850×
P/S7.1×-4.7×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 biopsy kits — product sales, net?
Vericel (VCEL) reported biopsy kits — product sales, net of $606K in Q1 2026.
How has Vericel's biopsy kits — product sales, net changed year-over-year?
Vericel's biopsy kits — product sales, net increased by 1.7% year-over-year, from $596K to $606K.
What is the long-term trend for Vericel's biopsy kits — product sales, net?
Over 4 years (2021 to 2025), Vericel's biopsy kits — product sales, net has grown at a 4.4% compound annual growth rate (CAGR), from $2.19M to $2.61M.
What does biopsy kits — product sales, net mean?
This metric represents the net revenue generated from the sale of biopsy kits used in medical procedures. It reflects the commercial performance and market adoption of the company's diagnostic or procedural hardware offerings within its specialized healthcare portfolio. Tracking this revenue stream helps investors assess the demand for the company's foundational procedural tools and their contribution to overall top-line growth.