Vericel (VCEL) Invested Capital (2010 - 2026)

Vericel's (VCEL) quarterly Invested Capital came in at $356.2 million in Q1 2026, up 20.56% year-on-year from $295.5 million in Q1 2025, and little changed quarter-over-quarter from $354.6 million in Q4 2025.

Vericel (VCEL) Invested Capital (2010 - 2026) Analysis & Trends

Vericel has disclosed Invested Capital across 17 years of filings, most recently posting $356.2 million for Q1 2026.

  • Invested Capital for Q1 2026 came in at $356.2 million, up 20.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $356.2 million (up 20.56% YoY), and the FY2025 annual result was $354.6 million, up 21.47% from the prior year.
  • Invested Capital came in at $356.2 million for Q1 2026 at Vericel, roughly flat from $354.6 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $356.2 million in Q1 2026 to a low of $172.5 million in Q1 2022.
  • The 5-year median for Invested Capital is $233.9 million (2024), against an average of $247.2 million.
  • Across the five-year window, Invested Capital advanced 12.46% in 2023 and advanced 29.22% in 2024, its largest moves.
  • Vericel's Invested Capital stood at $192.3 million in 2022, then gained by 17.52% to $226.0 million in 2023, then increased by 29.22% to $292.0 million in 2024, then grew by 21.47% to $354.6 million in 2025, then increased by 0.45% to $356.2 million in 2026.
  • The last three Invested Capital figures came in at $356.2 million (Q1 2026), $354.6 million (Q4 2025), and $321.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 7.14 Bn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 795.79 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 595,226.00
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 1.00 Bn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 14.38 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 19.36 Bn
9 Abivax 91.96 Bn 91.96 Bn - 502.95 Mn
10 Vericel 2.04 Bn 1.90 Bn 49.27 Mn 356.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 356.23 Mn
Dec 31, 2025 354.64 Mn
Sep 30, 2025 321.86 Mn
Jun 30, 2025 306.81 Mn
Mar 31, 2025 295.49 Mn
Dec 31, 2024 291.97 Mn
Sep 30, 2024 257.47 Mn
Jun 30, 2024 242.98 Mn
Mar 31, 2024 233.90 Mn
Dec 31, 2023 225.95 Mn
Sep 30, 2023 204.38 Mn
Jun 30, 2023 198.93 Mn
Mar 31, 2023 193.98 Mn
Dec 31, 2022 192.27 Mn
Sep 30, 2022 177.84 Mn
Jun 30, 2022 174.82 Mn
Mar 31, 2022 172.49 Mn
Dec 31, 2021 170.46 Mn
Sep 30, 2021 156.78 Mn
Jun 30, 2021 151.09 Mn