Vericel (VCEL) Cost of Revenue (2011 - 2026)
Vericel's (VCEL) quarterly Cost of Revenue came in at $19.2 million in Q1 2026, up 17.36% year-on-year from $16.3 million in Q1 2025, and down 3.19% quarter-over-quarter from $19.8 million in Q4 2025.
Vericel (VCEL) Cost of Revenue (2011 - 2026) Analysis & Trends
Vericel has disclosed Cost of Revenue across 16 years of filings, most recently posting $19.2 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $19.2 million, up 17.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $73.5 million (up 12.18% YoY), and the FY2025 annual result was $70.7 million, up 8.51% from the prior year.
- Cost of Revenue came in at $19.2 million for Q1 2026 at Vericel, down from $19.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $19.8 million in Q4 2025 to a low of $12.6 million in Q1 2022.
- The 5-year median for Cost of Revenue is $16.1 million (2024), against an average of $16.0 million.
- Across the five-year window, Cost of Revenue rose 0.5% in 2024 and increased 17.36% in 2026, its largest moves.
- Vericel's Cost of Revenue stood at $14.4 million in 2022, then climbed by 14.15% to $16.5 million in 2023, then rose by 2.35% to $16.9 million in 2024, then climbed by 17.26% to $19.8 million in 2025, then slipped by 3.19% to $19.2 million in 2026.
- The last three Cost of Revenue figures came in at $19.2 million (Q1 2026), $19.8 million (Q4 2025), and $17.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 64.20 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 48,670.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 392.80 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 2.05 Mn |
| 10 | Vericel | 2.04 Bn | 1.90 Bn | 49.27 Mn | 19.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.16 Mn |
| Mar 31, 2026 | 19.16 Mn |
| Dec 31, 2025 | 19.79 Mn |
| Dec 31, 2025 | 19.79 Mn |
| Sep 30, 2025 | 17.92 Mn |
| Sep 30, 2025 | 17.92 Mn |
| Jun 30, 2025 | 16.63 Mn |
| Jun 30, 2025 | 16.63 Mn |
| Mar 31, 2025 | 16.33 Mn |
| Mar 31, 2025 | 16.33 Mn |
| Dec 31, 2024 | 16.88 Mn |
| Dec 31, 2024 | 16.88 Mn |
| Sep 30, 2024 | 16.25 Mn |
| Sep 30, 2024 | 16.25 Mn |
| Jun 30, 2024 | 16.06 Mn |
| Jun 30, 2024 | 16.06 Mn |
| Mar 31, 2024 | 15.93 Mn |
| Mar 31, 2024 | 15.93 Mn |
| Dec 31, 2023 | 16.49 Mn |
| Dec 31, 2023 | 16.49 Mn |