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
DateValue
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