Vericel (VCEL) FCF Margin (2011 - 2026)
Vericel's (VCEL) quarterly FCF Margin came in at 21.81% in Q1 2026, up 3628.0% year-on-year from 0.58% in Q1 2025, and up 57.97% quarter-over-quarter from 13.8% in Q4 2025.
Vericel (VCEL) FCF Margin (2011 - 2026) Analysis & Trends
Vericel has disclosed FCF Margin across 16 years of filings, most recently posting 21.81% for Q1 2026.
- FCF Margin for Q1 2026 came in at 21.81%, up 3628.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.19% (up 1896.0% YoY), and the FY2025 annual result was 8.96%, up 1141.0% from the prior year.
- FCF Margin came in at 21.81% for Q1 2026 at Vericel, up from 13.8% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 36.72% in Q2 2024 to a low of 46.27% in Q3 2024.
- The 5-year median for FCF Margin is 11.1% (2022), against an average of 5.68%.
- Across the five-year window, FCF Margin slumped 4476 bps in 2024 and surged 4411 bps in 2025, its largest moves.
- Vericel's FCF Margin stood at 11.1% in 2022, then plunged by 69 bps to 3.46% in 2023, then jumped by 224 bps to 11.22% in 2024, then grew by 23 bps to 13.8% in 2025, then jumped by 58 bps to 21.81% in 2026.
- The last three FCF Margin figures came in at 21.81% (Q1 2026), 13.8% (Q4 2025), and 2.15% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (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 | -3.98% |
| 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 | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 43.35% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Vericel | 2.04 Bn | 1.90 Bn | 49.27 Mn | 21.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.81% |
| Dec 31, 2025 | 13.80% |
| Sep 30, 2025 | -2.15% |
| Jun 30, 2025 | 33.19% |
| Mar 31, 2025 | -14.47% |
| Dec 31, 2024 | 11.22% |
| Sep 30, 2024 | -46.27% |
| Jun 30, 2024 | 36.72% |
| Mar 31, 2024 | -13.29% |
| Dec 31, 2023 | 3.46% |
| Sep 30, 2023 | -1.51% |
| Jun 30, 2023 | 17.76% |
| Mar 31, 2023 | 13.60% |
| Dec 31, 2022 | 11.10% |
| Sep 30, 2022 | -3.89% |
| Jun 30, 2022 | 14.46% |
| Mar 31, 2022 | 1.08% |
| Dec 31, 2021 | 19.46% |
| Sep 30, 2021 | 12.11% |
| Jun 30, 2021 | 11.81% |